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Celerity Solutions (Celerity Solutions) Return-on-Tangible-Equity : -174.44% (As of Dec. 2099)


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What is Celerity Solutions Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Celerity Solutions's annualized net income for the quarter that ended in Dec. 2099 was $-0.58 Mil. Celerity Solutions's average shareholder tangible equity for the quarter that ended in Dec. 2099 was $0.33 Mil. Therefore, Celerity Solutions's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2099 was -174.44%.

The historical rank and industry rank for Celerity Solutions's Return-on-Tangible-Equity or its related term are showing as below:

CLTY's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 7.965
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Celerity Solutions Return-on-Tangible-Equity Historical Data

The historical data trend for Celerity Solutions's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Celerity Solutions Return-on-Tangible-Equity Chart

Celerity Solutions Annual Data
Trend Mar91 Mar92 Mar93 Mar94 Mar95 Mar96 Mar97 Mar98 Mar99
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only -58.50 50.00 -93.62 -89.30 -431.81

Celerity Solutions Quarterly Data
Mar95 Jun95 Sep95 Dec95 Mar96 Jun96 Sep96 Dec96 Mar97 Jun97 Sep97 Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -34.04 -1,080.07 Negative Tangible Equity 30.38 -174.44

Competitive Comparison of Celerity Solutions's Return-on-Tangible-Equity

For the Software - Application subindustry, Celerity Solutions's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Celerity Solutions's Return-on-Tangible-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Celerity Solutions's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Celerity Solutions's Return-on-Tangible-Equity falls into.



Celerity Solutions Return-on-Tangible-Equity Calculation

Celerity Solutions's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2099 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2099 )  (A: Mar. 2098 )(A: Mar. 2099 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2099 )  (A: Mar. 2098 )(A: Mar. 2099 )
=-2.891/( (1.868+-0.529 )/ 2 )
=-2.891/0.6695
=-431.81 %

Celerity Solutions's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2099 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2099 )  (Q: Sep. 2099 )(Q: Dec. 2099 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2099 )  (Q: Sep. 2099 )(Q: Dec. 2099 )
=-0.58/( (0.387+0.278)/ 2 )
=-0.58/0.3325
=-174.44 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2099) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Celerity Solutions  (OTCPK:CLTY) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Celerity Solutions Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Celerity Solutions's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Celerity Solutions (Celerity Solutions) Business Description

Traded in Other Exchanges
N/A
Address
270 Bridge Street, Suite 301, Dedman, MA, USA, 02026
Celerity Solutions Inc provides internet enables business software applications. It offers Business & Technology Strategy, Full lifecycle ERP Application Implementation & Strategic Enhancements, Business Intelligence & Custom Application Development.

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