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East Coast Diversified (East Coast Diversified) Return-on-Tangible-Equity : 0.00% (As of Sep. 2015)


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What is East Coast Diversified 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. East Coast Diversified's annualized net income for the quarter that ended in Sep. 2015 was $-1.28 Mil. East Coast Diversified's average shareholder tangible equity for the quarter that ended in Sep. 2015 was $-6.20 Mil. Therefore, East Coast Diversified's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2015 was N/A%.

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

ECDC's Return-on-Tangible-Equity is not ranked *
in the Hardware industry.
Industry Median: 5.37
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

East Coast Diversified Return-on-Tangible-Equity Historical Data

The historical data trend for East Coast Diversified'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.

East Coast Diversified Return-on-Tangible-Equity Chart

East Coast Diversified Annual Data
Trend Apr05 Apr06 Apr07 Apr08 Apr09 Dec10 Dec11 Dec12 Dec13 Dec14
Return-on-Tangible-Equity
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East Coast Diversified Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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Competitive Comparison of East Coast Diversified's Return-on-Tangible-Equity

For the Scientific & Technical Instruments subindustry, East Coast Diversified'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.


East Coast Diversified's Return-on-Tangible-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, East Coast Diversified's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where East Coast Diversified's Return-on-Tangible-Equity falls into.



East Coast Diversified Return-on-Tangible-Equity Calculation

East Coast Diversified's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=-0.83/( (-4.78+-4.599 )/ 2 )
=-0.83/-4.6895
=N/A %

East Coast Diversified's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2015 )  (Q: Jun. 2015 )(Q: Sep. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2015 )  (Q: Jun. 2015 )(Q: Sep. 2015 )
=-1.284/( (-6.043+-6.364)/ 2 )
=-1.284/-6.2035
=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. 2015) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


East Coast Diversified  (GREY:ECDC) 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.


East Coast Diversified Return-on-Tangible-Equity Related Terms

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East Coast Diversified (East Coast Diversified) Business Description

Traded in Other Exchanges
N/A
Address
East Coast Diversified Corp, through its subsidiaries, offers a portfolio of GPS devices, RFID interrogators, integrated GPS/RFID technologies and Tag designs.

East Coast Diversified (East Coast Diversified) Headlines

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