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Alvarion, (FRA:BZC) Return-on-Tangible-Equity : -2,126.66% (As of Mar. 2013)


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What is Alvarion, 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. Alvarion,'s annualized net income for the quarter that ended in Mar. 2013 was €-21.66 Mil. Alvarion,'s average shareholder tangible equity for the quarter that ended in Mar. 2013 was €1.02 Mil. Therefore, Alvarion,'s annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2013 was -2,126.66%.

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

FRA:BZC's Return-on-Tangible-Equity is not ranked *
in the Telecommunication Services industry.
Industry Median: 13.38
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Alvarion, Return-on-Tangible-Equity Historical Data

The historical data trend for Alvarion,'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.

Alvarion, Return-on-Tangible-Equity Chart

Alvarion, Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.54 -4.35 -73.84 -38.82 -195.77

Alvarion, Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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 -53.85 -101.79 -282.47 -585.59 -2,126.66

Competitive Comparison of Alvarion,'s Return-on-Tangible-Equity

For the Telecom Services subindustry, Alvarion,'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.


Alvarion,'s Return-on-Tangible-Equity Distribution in the Telecommunication Services Industry

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

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



Alvarion, Return-on-Tangible-Equity Calculation

Alvarion,'s annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2012 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2012 )  (A: Dec. 2011 )(A: Dec. 2012 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2012 )  (A: Dec. 2011 )(A: Dec. 2012 )
=-42.603/( (40.145+3.379 )/ 2 )
=-42.603/21.762
=-195.77 %

Alvarion,'s annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2013 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2013 )  (Q: Dec. 2012 )(Q: Mar. 2013 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2013 )  (Q: Dec. 2012 )(Q: Mar. 2013 )
=-21.66/( (3.379+-1.342)/ 2 )
=-21.66/1.0185
=-2,126.66 %

* 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 (Mar. 2013) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Alvarion,  (FRA:BZC) 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.


Alvarion, Return-on-Tangible-Equity Related Terms

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Alvarion, (FRA:BZC) Business Description

Traded in Other Exchanges
N/A
Address
21A HaBarzel Street, Tel Aviv, ISR, 69710
Alvarion Ltd is an Israel based company that designs, develops & markets wireless products. The company provides autonomous Wi-Fi networks designed with self-organizing capabilities. Its systems are used for providing Internet access & voice and data services for subscribers, for the feeding of cellular networks, for building connectivity, & for wireless local area network. Its products include Avidity WBSac Bolster WBSn, Arena Controller, BreezeACCESS VL, BreezeMAX Extreme, BreezeNET B and BreezeUltra. The company designs solutions for Carrier Wi-Fi, Enterprise Connectivity, Smart City, Smart Hospitality, Connected Campuses and Connected Events that are both complete and heterogeneous to ensure ease of use and optimize operational efficiency.

Alvarion, (FRA:BZC) Headlines