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Clearwater Ventures (Clearwater Ventures) Return-on-Tangible-Equity : 0.00% (As of Aug. 2015)


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What is Clearwater Ventures 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. Clearwater Ventures's annualized net income for the quarter that ended in Aug. 2015 was $-0.02 Mil. Clearwater Ventures's average shareholder tangible equity for the quarter that ended in Aug. 2015 was $-0.09 Mil. Therefore, Clearwater Ventures's annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2015 was N/A%.

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

CWRV's Return-on-Tangible-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 7.54
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Clearwater Ventures Return-on-Tangible-Equity Historical Data

The historical data trend for Clearwater Ventures'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.

Clearwater Ventures Return-on-Tangible-Equity Chart

Clearwater Ventures Annual Data
Trend Feb14 Feb15
Return-on-Tangible-Equity
- -

Clearwater Ventures Quarterly Data
May14 Aug14 Nov14 Feb15 May15 Aug15
Return-on-Tangible-Equity Get a 7-Day Free Trial - - - - -

Competitive Comparison of Clearwater Ventures's Return-on-Tangible-Equity

For the Pollution & Treatment Controls subindustry, Clearwater Ventures'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.


Clearwater Ventures's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Clearwater Ventures's Return-on-Tangible-Equity distribution charts can be found below:

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



Clearwater Ventures Return-on-Tangible-Equity Calculation

Clearwater Ventures's annualized Return-on-Tangible-Equity for the fiscal year that ended in Feb. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Feb. 2015 )  (A: Feb. 2014 )(A: Feb. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Feb. 2015 )  (A: Feb. 2014 )(A: Feb. 2015 )
=-0.104/( (0.009+-0.079 )/ 2 )
=-0.104/-0.035
=N/A %

Clearwater Ventures's annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Aug. 2015 )  (Q: May. 2015 )(Q: Aug. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Aug. 2015 )  (Q: May. 2015 )(Q: Aug. 2015 )
=-0.016/( (-0.089+-0.093)/ 2 )
=-0.016/-0.091
=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 (Aug. 2015) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Clearwater Ventures  (OTCPK:CWRV) 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.


Clearwater Ventures Return-on-Tangible-Equity Related Terms

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


Clearwater Ventures (Clearwater Ventures) Business Description

Traded in Other Exchanges
N/A
Address
Website
Clearwater Ventures Inc, through its subsidiary is engaged in designing and marketing of pool filter product known as the Pool Guardian. It is designed to supplement and assist pool filters by capturing and holding unwanted pool surface debris.

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