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. DLT Resolution's annualized net income for the quarter that ended in Jun. 2023 was $-0.05 Mil. DLT Resolution's average shareholder tangible equity for the quarter that ended in Jun. 2023 was $-0.36 Mil. Therefore, DLT Resolution's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was N/A%.
The historical rank and industry rank for DLT Resolution's Return-on-Tangible-Equity or its related term are showing as below:
DLTI'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1481.1 Med: -1481.1 Max: -1481.1
Current: Negative Tangible Equity
During the past 13 years, DLT Resolution's highest Return-on-Tangible-Equity was -1,481.10%. The lowest was -1,481.10%. And the median was -1,481.10%.
DLTI's Return-on-Tangible-Equity is ranked better than 99.92% of 2383
companies
in the Software industry
Industry Median: 7.88
vs DLTI: Negative Tangible Equity
DLT Resolution Return-on-Tangible-Equity Historical Data
The historical data trend for DLT Resolution'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.
Competitive Comparison of DLT Resolution's Return-on-Tangible-Equity
For the Information Technology Services subindustry, DLT Resolution'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.
DLT Resolution's Return-on-Tangible-Equity Distribution in the Software Industry
For the Software industry and Technology sector, DLT Resolution's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where DLT Resolution's Return-on-Tangible-Equity falls into.
* 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 (Jun. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
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.
DLT Resolution Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of DLT Resolution's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
DLT Resolution (DLT Resolution) Business Description
DLT Resolution Inc operates in three industry segments: Blockchain Applications; Telecommunications; and Data Services which includes Image Capture, Data Collection, Data Phone Center Services, and Payment Processing. It offers secure data management, Information Technology (IT) and other telecommunications services in Canada and the United States. The company helps organizations that have invoices, ledgers, statements, applications, surveys, employee and customer rewards programs and a wide range of other non-core functions benefit from data management. It also operates a Health Information Exchange providing the ability to request and retrieve medical information & records while meeting all of today's Security & Compliance demands for HIPAA, PIPEDA and PHIPA.
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