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For The Earth (For The Earth) Return-on-Tangible-Equity : 0.00% (As of Sep. 2004)


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What is For The Earth 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. For The Earth's annualized net income for the quarter that ended in Sep. 2004 was $-0.64 Mil. For The Earth's average shareholder tangible equity for the quarter that ended in Sep. 2004 was $-0.67 Mil. Therefore, For The Earth's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2004 was N/A%.

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

FTEG's Return-on-Tangible-Equity is not ranked *
in the Drug Manufacturers industry.
Industry Median: 6.24
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

For The Earth Return-on-Tangible-Equity Historical Data

The historical data trend for For The Earth'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.

For The Earth Return-on-Tangible-Equity Chart

For The Earth Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03
Return-on-Tangible-Equity
-133.98 -190.39 -2,890.91 132.73 -

For The Earth Quarterly Data
Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04
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Competitive Comparison of For The Earth's Return-on-Tangible-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, For The Earth'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.


For The Earth's Return-on-Tangible-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, For The Earth's Return-on-Tangible-Equity distribution charts can be found below:

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



For The Earth Return-on-Tangible-Equity Calculation

For The Earth's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2003 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2003 )  (A: Dec. 2002 )(A: Dec. 2003 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2003 )  (A: Dec. 2002 )(A: Dec. 2003 )
=-0.728/( (0.289+-0.442 )/ 2 )
=-0.728/-0.0765
=N/A %

For The Earth's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2004 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2004 )  (Q: Jun. 2004 )(Q: Sep. 2004 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2004 )  (Q: Jun. 2004 )(Q: Sep. 2004 )
=-0.636/( (-0.623+-0.726)/ 2 )
=-0.636/-0.6745
=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. 2004) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


For The Earth  (OTCPK:FTEG) 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.


For The Earth Return-on-Tangible-Equity Related Terms

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For The Earth (For The Earth) Business Description

Traded in Other Exchanges
N/A
Address
2375 East Camelback Road, Suite 600, Phoenix, AZ, USA, 85016
For The Earth Corp is an emerging integrated CBD producer and retailer in the United States. The company is in the process of establishing a vertical framework that will extend from cultivation to extraction and production to a strategic retail footprint that includes multiple locations in Las Vegas and New York featuring mall kiosks, vending machines, e-commerce, and full store locations serving both the human and pet CBD markets.