What is Duos Technologies Group 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. Duos Technologies Group's annualized net income for the quarter that ended in Dec. 2023 was $-12.64 Mil. Duos Technologies Group's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $4.67 Mil. Therefore, Duos Technologies Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -270.63%.
The historical rank and industry rank for Duos Technologies Group's Return-on-Tangible-Equity or its related term are showing as below:
DUOT'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1013.46 Med: -474.08 Max: -268.2
Current: -268.2
During the past 13 years, Duos Technologies Group's highest Return-on-Tangible-Equity was -268.20%. The lowest was -1,013.46%. And the median was -474.08%.
DUOT's Return-on-Tangible-Equity is ranked worse than 94.65% of 2374
companies
in the Software industry
Industry Median: 7.71
vs DUOT: -268.20
Duos Technologies Group Return-on-Tangible-Equity Historical Data
The historical data trend for Duos Technologies Group'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.
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Duos Technologies Group Return-on-Tangible-Equity Chart
Competitive Comparison of Duos Technologies Group's Return-on-Tangible-Equity
For the Software - Application subindustry, Duos Technologies Group'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.
Duos Technologies Group's Return-on-Tangible-Equity Distribution in the Software Industry
For the Software industry and Technology sector, Duos Technologies Group's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Duos Technologies Group's Return-on-Tangible-Equity falls into.
Duos Technologies Group Return-on-Tangible-Equity Calculation
Duos Technologies Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as
* 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. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Duos Technologies Group (NAS:DUOT) 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.
Duos Technologies Group Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Duos Technologies Group's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Duos Technologies Group (Duos Technologies Group) Business Description
Duos Technologies Group Inc operating under its brand name duostech, designs, develops, deploys and operates intelligent technology solutions supporting rail, logistics and intermodal businesses that streamline operations, improve safety and reduce costs. The company's main offering, the Railcar Inspection Portal (RIP), provides both freight and transit railroad customers and select government agencies the ability to conduct fully automated railcar inspections of trains while they are moving at full speed. It has also developed the Automated Logistics Information System (ALIS) which automates gatehouse operations where transport trucks enter and exit large logistics and intermodal facilities. Its segments are Rail, Commercial, Petrochemical, Governments, Banking, IT Suppliers, and AI.
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