Circuit Research Labs (Circuit Research Labs) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Sep. 2008)

Circuit Research Labs Return-on-Tangible-Equity Chart

Circuit Research Labs Annual Data
	Trend	Dec98	Dec99	Dec00	Dec01	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07
Return-on-Tangible-Equity		Get a 7-Day Free Trial					-	-	Negative Tangible Equity	-	Negative Tangible Equity

Circuit Research Labs Quarterly Data
	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
Return-on-Tangible-Equity	Get a 7-Day Free Trial															-	Negative Tangible Equity	Negative Tangible Equity	-	Negative Tangible Equity

Competitive Comparison of Circuit Research Labs's Return-on-Tangible-Equity

For the Communication Equipment subindustry, Circuit Research Labs'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.

Circuit Research Labs's Return-on-Tangible-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Circuit Research Labs's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Circuit Research Labs's Return-on-Tangible-Equity falls into.

Circuit Research Labs Return-on-Tangible-Equity Calculation

Circuit Research Labs's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2007 is calculated as

Circuit Research Labs's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2008 is calculated as

* 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 (Sep. 2008) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

Circuit Research Labs  (OTCPK:CRLI) 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.

Circuit Research Labs Return-on-Tangible-Equity Related Terms

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

Circuit Research Labs (Circuit Research Labs) Business Description