GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » DISH Network Corp (NAS:DISH) » Definitions » Return-on-Tangible-Equity

DISH Network (DISH Network) Return-on-Tangible-Equity : 0.00% (As of Sep. 2023)


View and export this data going back to 1995. Start your Free Trial

What is DISH Network 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. DISH Network's annualized net income for the quarter that ended in Sep. 2023 was $-557 Mil. DISH Network's average shareholder tangible equity for the quarter that ended in Sep. 2023 was $-19,779 Mil. Therefore, DISH Network's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was N/A%.

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

DISH' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0
Current: Negative Tangible Equity

DISH's Return-on-Tangible-Equity is not ranked
in the Telecommunication Services industry.
Industry Median: 13.02 vs DISH: Negative Tangible Equity

DISH Network Return-on-Tangible-Equity Historical Data

The historical data trend for DISH Network'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.

DISH Network Return-on-Tangible-Equity Chart

DISH Network Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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 Negative Tangible Equity Negative Tangible Equity

DISH Network Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity -

Competitive Comparison of DISH Network's Return-on-Tangible-Equity

For the Telecom Services subindustry, DISH Network'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.


DISH Network's Return-on-Tangible-Equity Distribution in the Telecommunication Services Industry

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

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



DISH Network Return-on-Tangible-Equity Calculation

DISH Network's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=2303.233/( (-13780.673+-19555.658 )/ 2 )
=2303.233/-16668.1655
=Negative Tangible Equity %

DISH Network's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=-556.74/( (-19590.778+-19967.142)/ 2 )
=-556.74/-19778.96
=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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


DISH Network  (NAS:DISH) 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.


DISH Network Return-on-Tangible-Equity Related Terms

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


DISH Network (DISH Network) Business Description

Traded in Other Exchanges
N/A
Address
9601 South Meridian Boulevard, Englewood, CO, USA, 80112
From its founding in the 1980s, Dish Network has primarily focused on the satellite television business, capitalizing on technological advancements to expand its reach. The firm now serves 7 million U.S. customers. Dish launched an internet-based television offering under the Sling brand in 2015 and now serves about 2 million customers on this platform. Dish's future, however, hinges primarily on the wireless business. The firm has amassed a large portfolio of spectrum licenses over the past 15 years, spending about $30 billion in the process, and is now building a nationwide wireless network. It acquired Sprint's prepaid business and now serves about 8 million customers. Dish plans to merge with EchoStar, a firm it spun out in 2008 that provides satellite-based communications services.
Executives
Paul W Orban officer: SVP & Chief Accounting Officer 9601 SOUTH MERIDIAN BOULEVARD, ENGLEWOOD CO 80112
Ergen Two-year June 2023 Dish Grat 10 percent owner C/O CANTEY M. ERGEN, 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Thomas A Cullen officer: EVP, Corporate Development DISH NETWORK CORPORATION, 9601 SOUTH MERIDIAN BLVD., ENGLEWOOD CO 80112
Ergen Two-year May 2023 Dish Grat 10 percent owner C/O CANTEY M. ERGEN, TRUSTEE, 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
James Defranco director, officer: Executive Vice President 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Douglas Balsbough officer: EVP and Chief People Officer 10 FARM SPRINGS ROAD, FARMINGTON CT 06032
Stephen J Bye director 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Ergen Two-year December 2022 Dish Grat 10 percent owner C/O CANTEY ERGEN, 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Ergen Two-year June 2022 Dish Grat 10 percent owner C/O CANTEY M. ERGEN, 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
George R Brokaw director DISH NETWORK CORPORATION, 9601 S MERIDIAN BLVD, ENGLEWOOD CO 80112
Ergen Two-year May 2022 Dish Grat 10 percent owner C/O CANTEY M. ERGEN, 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Narayan Raghu Iyengar officer: EVP & CHIEF OPERATING OFFICER 415 SOUTH 18TH STREET, ST. LOUIS MO 63103
Ergen Two-year December 2021 Dish Grat 10 percent owner C/O DISH NETWORK L.L.C., 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
David A. Scott officer: EVP & Chief HR Officer 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112
Ergen Two-year June 2021 Dish Grat 10 percent owner 9601 S. MERIDIAN BLVD., ENGLEWOOD CO 80112