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Crossroads Impact (Crossroads Impact) Return-on-Tangible-Equity : 19.06% (As of Jul. 2022)


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What is Crossroads Impact 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. Crossroads Impact's annualized net income for the quarter that ended in Jul. 2022 was $8.30 Mil. Crossroads Impact's average shareholder tangible equity for the quarter that ended in Jul. 2022 was $43.58 Mil. Therefore, Crossroads Impact's annualized Return-on-Tangible-Equity for the quarter that ended in Jul. 2022 was 19.06%.

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

CRDSQ's Return-on-Tangible-Equity is not ranked *
in the Real Estate industry.
Industry Median: 3.06
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Crossroads Impact Return-on-Tangible-Equity Historical Data

The historical data trend for Crossroads Impact'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.

Crossroads Impact Return-on-Tangible-Equity Chart

Crossroads Impact Annual Data
Trend Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct18 Oct19 Oct20 Oct21
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -23.24 395.01 17.79 24.55 Negative Tangible Equity

Crossroads Impact Quarterly Data
Jul16 Oct16 Jan17 Apr17 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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 627.58 - Negative Tangible Equity 118.34 19.06

Competitive Comparison of Crossroads Impact's Return-on-Tangible-Equity

For the Real Estate Services subindustry, Crossroads Impact'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.


Crossroads Impact's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Crossroads Impact's Return-on-Tangible-Equity distribution charts can be found below:

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



Crossroads Impact Return-on-Tangible-Equity Calculation

Crossroads Impact's annualized Return-on-Tangible-Equity for the fiscal year that ended in Oct. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Oct. 2021 )  (A: Oct. 2020 )(A: Oct. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Oct. 2021 )  (A: Oct. 2020 )(A: Oct. 2021 )
=194.768/( (13.852+-29.962 )/ 2 )
=194.768/-8.055
=Negative Tangible Equity %

Crossroads Impact's annualized Return-on-Tangible-Equity for the quarter that ended in Jul. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jul. 2022 )  (Q: Apr. 2022 )(Q: Jul. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jul. 2022 )  (Q: Apr. 2022 )(Q: Jul. 2022 )
=8.304/( (15.305+71.849)/ 2 )
=8.304/43.577
=19.06 %

* 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 (Jul. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Crossroads Impact  (OTCPK:CRDSQ) 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.


Crossroads Impact Return-on-Tangible-Equity Related Terms

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


Crossroads Impact (Crossroads Impact) Business Description

Traded in Other Exchanges
N/A
Address
4514 Cole Avenue, Suite 1600, Dallas, TX, USA, 75205
Crossroads Impact Corp is a holding company. The company is focused on investing in businesses that promote economic vitality and community development.
Executives
Claire Gogel director C/O SUNEDISON, INC., 13736 RIVERPORT DRIVE, SUITE 180, MARYLAND HEIGHTS MO 63043
210/crds Investment Llc 10 percent owner, other: See Explanation of Responses 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
C Clark Webb director, other: See Explanation of Responses 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Robert H Alpert director, other: See Explanation of Responses 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
210 Capital, Llc other: See Explanation of Responses 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Lone Star Value Co-invest I, Lp other: See Footnote 1 53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870
Lone Star Value Management Llc other: See Footnote 1 53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870
Lone Star Value Investors Gp Llc other: See Footnote 1 53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870
Lone Star Value Investors Lp other: See Footnote 1 53 FOREST AVENUE, 1ST FLOOR, OLD GREENWICH CT 06870
Jeffrey E. Eberwein other: See Footnote 1 53 FOREST AVENUE, SUITE 101, OLD GREENWICH CT 06870
Coleman Richard Kenneth Jr. director, officer: Executive Director 53 FOREST AVE, SUITE 101, OLD GREENWICH CT 06870
Jennifer Crane officer: Chief Financial Officer 11000 N. MOPAC EXPRESSWAY, AUSTIN TX 78759
Mark C Hood officer: Executive Vice President C/O CROSSROADS SYSTEMS, INC., 11000 N. MOPAC EXPRESSWAY #150, AUSTIN TX 78759
Robert G. Pearse director 100 CANAL POINTE BLVD., SUITE 108, PRINCETON NJ 08540
Don Pearce director 11000 N. MOPAC, AUSTIN TX 78759