Talisman Energy (FRA:TLM) Return-on-Tangible-Equity : -84.03% (As of Dec. 2014)

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What is Talisman Energy 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. Talisman Energy's annualized net income for the quarter that ended in Dec. 2014 was €-5,158 Mil. Talisman Energy's average shareholder tangible equity for the quarter that ended in Dec. 2014 was €6,138 Mil. Therefore, Talisman Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2014 was -84.03%.

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

FRA:TLM's Return-on-Tangible-Equity is not ranked ^*
in the Oil & Gas industry.
Industry Median: 8.08
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Talisman Energy Return-on-Tangible-Equity Historical Data

The historical data trend for Talisman Energy'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.

Talisman Energy Return-on-Tangible-Equity Chart

Talisman Energy Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Return-on-Tangible-Equity

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11.36

9.30

1.48

-13.42

-12.73

Talisman Energy Quarterly Data
	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
Return-on-Tangible-Equity	Get a 7-Day Free Trial															-47.50	23.84	-11.64	21.27	-84.03

Competitive Comparison of Talisman Energy's Return-on-Tangible-Equity

For the Oil & Gas E&P subindustry, Talisman Energy'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.

Talisman Energy's Return-on-Tangible-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Talisman Energy's Return-on-Tangible-Equity distribution charts can be found below:

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

Talisman Energy Return-on-Tangible-Equity Calculation

Talisman Energy'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 )
	=	-738.821	/	( (5825.4	+	5779.186 )	/ 2 )
	=	-738.821	/	5802.293
	=	-12.73 %

Talisman Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2014 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(Q: Dec. 2014 )		(Q: Sep. 2014 )		(Q: Dec. 2014 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets)	/ count )
		(Q: Dec. 2014 )		(Q: Sep. 2014 )		(Q: Dec. 2014 )
	=	-5157.96	/	( (6496.672	+	5779.186)	/ 2 )
	=	-5157.96	/	6137.929
	=	-84.03 %

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. 2014) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

Talisman Energy (FRA:TLM) 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.

Talisman Energy Return-on-Tangible-Equity Related Terms

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Talisman Energy (FRA:TLM) Business Description

Industry

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Traded in Other Exchanges

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Address

Website

http://www.talisman-energy.com

Talisman Energy Inc was incorporated under the Canada Business Corporations Act in Canada on December 14, 1982. The Company is a Canadian-based independent oil and gas producers company. Its main business activities are exploration, development, production, transportation and marketing of crude oil, natural gas and natural gas liquids. In 2014, the Company's activities were conducted in four geographic segments: North America, the North Sea, Southeast Asia, and Other. The North America segment includes operations in Canada and the U.S. The North Sea segment includes operations and exploration activities in the UK and Norway. The Southeast Asia segment includes operations and exploration activities in Indonesia, Malaysia, Vietnam and Papua New Guinea and non-operated production in Australia/Timor-Leste. The Company also had non-operated production in Algeria, operations and exploration activities in Colombia and exploration activities in the Kurdistan Region of Iraq. For ease of reference, the activities in Algeria, Colombia and the Kurdistan Region of Iraq, where applicable, are referred to collectively as the other geographic segment or Rest of World, except where otherwise noted. For operational purposes, Talisman has two core operating areas: the Americas and Asia-Pacific. The Company's aggregate production from its consolidated entities and equity investments for the year ended December 31, 2014 was 369 mboe/d, comprised of 43 mbbls/d of oil and liquids and 794 mmcf/d of gas from North America; 43 mbbls/d of oil and 510 mmcf/d of gas from Southeast Asia; 30 mbbls/d of oil and liquids and 20 mmcf/d of gas from the North Sea; and 24 mbbls/d of oil and liquids and 48 mmcf/d of gas from other areas.

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