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Central Wireless (Central Wireless) Return-on-Tangible-Equity : 0.00% (As of Sep. 2006)


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What is Central Wireless 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. Central Wireless's annualized net income for the quarter that ended in Sep. 2006 was $-0.36 Mil. Central Wireless's average shareholder tangible equity for the quarter that ended in Sep. 2006 was $-2.12 Mil. Therefore, Central Wireless's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2006 was N/A%.

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

CWIR's Return-on-Tangible-Equity is not ranked *
in the Telecommunication Services industry.
Industry Median: 13.38
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Central Wireless Return-on-Tangible-Equity Historical Data

The historical data trend for Central Wireless'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.

Central Wireless Return-on-Tangible-Equity Chart

Central Wireless Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Return-on-Tangible-Equity
Get a 7-Day Free Trial - - -461.99 -24.75 -

Central Wireless Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 - - - - -

Competitive Comparison of Central Wireless's Return-on-Tangible-Equity

For the Telecom Services subindustry, Central Wireless'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.


Central Wireless's Return-on-Tangible-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Central Wireless's Return-on-Tangible-Equity distribution charts can be found below:

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



Central Wireless Return-on-Tangible-Equity Calculation

Central Wireless's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2005 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2005 )  (A: Dec. 2004 )(A: Dec. 2005 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2005 )  (A: Dec. 2004 )(A: Dec. 2005 )
=-0.79/( (-1.396+-1.897 )/ 2 )
=-0.79/-1.6465
=N/A %

Central Wireless's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2006 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2006 )  (Q: Jun. 2006 )(Q: Sep. 2006 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2006 )  (Q: Jun. 2006 )(Q: Sep. 2006 )
=-0.36/( (-2.07+-2.161)/ 2 )
=-0.36/-2.1155
=N/A %

* 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. 2006) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Central Wireless  (OTCPK:CWIR) 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.


Central Wireless Return-on-Tangible-Equity Related Terms

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Central Wireless (Central Wireless) Business Description

Traded in Other Exchanges
N/A
Address
123 15th Street South West, Albuquerque, NM, USA
Website
Central Wireless Inc is a development company.

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