GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Crown Media Holdings Inc (NAS:CRWN) » Definitions » Return-on-Tangible-Equity

Crown Media Holdings (Crown Media Holdings) Return-on-Tangible-Equity : 63.38% (As of Dec. 2015)


View and export this data going back to . Start your Free Trial

What is Crown Media Holdings 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. Crown Media Holdings's annualized net income for the quarter that ended in Dec. 2015 was $155.4 Mil. Crown Media Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2015 was $245.2 Mil. Therefore, Crown Media Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2015 was 63.38%.

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

CRWN's Return-on-Tangible-Equity is not ranked *
in the Media - Diversified industry.
Industry Median: 5.445
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Crown Media Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Crown Media Holdings'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.

Crown Media Holdings Return-on-Tangible-Equity Chart

Crown Media Holdings Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity 301.06 38.68

Crown Media Holdings Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 435.34 106.50 90.38 15.63 63.38

Competitive Comparison of Crown Media Holdings's Return-on-Tangible-Equity

For the Broadcasting subindustry, Crown Media Holdings'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.


Crown Media Holdings's Return-on-Tangible-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Crown Media Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Crown Media Holdings's Return-on-Tangible-Equity falls into.



Crown Media Holdings Return-on-Tangible-Equity Calculation

Crown Media Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=86.083/( (179.605+265.53 )/ 2 )
=86.083/222.5675
=38.68 %

Crown Media Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2015 )  (Q: Sep. 2015 )(Q: Dec. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2015 )  (Q: Sep. 2015 )(Q: Dec. 2015 )
=155.432/( (224.955+265.53)/ 2 )
=155.432/245.2425
=63.38 %

* 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. 2015) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Crown Media Holdings  (NAS:CRWN) 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.


Crown Media Holdings Return-on-Tangible-Equity Related Terms

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


Crown Media Holdings (Crown Media Holdings) Business Description

Traded in Other Exchanges
N/A
Address
Crown Media Holdings Inc was incorporated in the State of Delaware in December 1999. The Company through its subsidiary, Crown Media United States owns and operates a pay television channel, known as the Hallmark Channel entertainment programming for adults and families. Hallmark Channel features television series such as Golden Girls and Frasier as well as original series and movies with compelling stories and internationally recognized stars. It has also offered a "lifestyle" programming, featuring Home and Family. Hallmark Movie Channel is a 24-hour cable network offering movies appropriate for the entire family, consisting mainly of original movies, classical theatrical films, and presentations from the award-winning Hallmark Hall of Fame collection as well as other long form television programming. Consistent with the Hallmark brand, both networks are a preeminent source of holiday programming, with Hallmark Channel. The Company currently distributes, Hallmark Channel through approximately 5, 309 cable, satellite and other pay television distribution systems and Hallmark Movie Channel through approximately 3, 674 such systems. The Company licenses the trademark "Hallmark" for use on its networks pursuant to certain trademark license agreements with a subsidiary of Hallmark Cards. The Company uses four distribution platforms to transmit its programming, cable television, analog and digital satellite, telephone and Internet Protocol Television. The Company's networks compete with other general entertainment programming from broadcast networks including, TNT, TCM, USA Network, HGTV, TV Land, Lifetime, Lifetime Movie Network, OWN, ABC Family and other networks.
Executives
David Kenin officer: Executive Vice President C/O WORLD WRESTLING ENTERTAINMENT, INC., 1241 EAST MAIN STREET, STAMFORD CT 06902
Arnold L Chavkin director JP MORGAN PARTNERS, 1221 AVENUE OF THE AMERICAS 40TH FLOOR, NEW YORK NY 10020
Hockaday Irvine O Jr director SPRINT NEXTEL CORPORATION, 2001 EDMUND HALLEY DRIVE, RESTON VA 20191
John P Mascotte director C/O CROWN MEDIA HOLDINGS INC, SUITE 500 6430 S FIDDLERS GREEN CIRCLE, ENGLEWOOD CO 80111
Peter A Lund director 236 LOCHA DRIVE, JUPITER FL 33458
Jp Morgan Partners Bhca Lp 10 percent owner J.P. MORGAN PARTNERS, 270 PARK AVENUE, NEW YORK NY 10017
Jpmp Master Fund Manager L P 10 percent owner C/O JPMORGAN PARTNERS LLC, 270 PARK AVENUE 39TH FLOOR, NEW YORK NY 10017
Jpmp Capital Corp. 10 percent owner 270 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Herbert A Granath director
Halmi Robert A Jr director CROWN MEDIA HOLDINGS INC, 6430 S FIDDLERS GREEN CIR STE 500, ENGLEWOOD CO 80111
Robert J Druten director 6503 SENECA ROAD, MISSION HILLS KS 66208

Crown Media Holdings (Crown Media Holdings) Headlines

From GuruFocus

Crown Media (CRWN) Is An Attractive Stock Right Now

By Magic Diligence Magic Diligence 02-23-2015

How Much Does Corporate Governance Really Matter

By whopper investments whopper investments 02-28-2013

Weekly CFO Buys Highlight

By silverleaf Guru GK 03-04-2013

Weekly CFO Buys Highlight

By guruek guruek 03-11-2013