GCI Liberty (GCI Liberty) Return-on-Tangible-Equity : 65.14% (As of Sep. 2020)

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What is GCI Liberty 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. GCI Liberty's annualized net income for the quarter that ended in Sep. 2020 was $3,297.65 Mil. GCI Liberty's average shareholder tangible equity for the quarter that ended in Sep. 2020 was $5,062.23 Mil. Therefore, GCI Liberty's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2020 was 65.14%.

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

GLIBP.PFD' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -26.15 Med: 21.09 Max: 54.6
Current: 33.69

During the past 10 years, GCI Liberty's highest Return-on-Tangible-Equity was 54.60%. The lowest was -26.15%. And the median was 21.09%.

GLIBP.PFD's Return-on-Tangible-Equity is not ranked
in the Telecommunication Services industry.
Industry Median: 13.415 vs GLIBP.PFD: 33.69

GCI Liberty Return-on-Tangible-Equity Historical Data

The historical data trend for GCI Liberty'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.

GCI Liberty Return-on-Tangible-Equity Chart

GCI Liberty Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Return-on-Tangible-Equity

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18.29

49.68

23.89

-26.15

54.60

GCI Liberty Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Return-on-Tangible-Equity	Get a 7-Day Free Trial															9.71	68.31	-58.57	56.45	65.14

Competitive Comparison of GCI Liberty's Return-on-Tangible-Equity

For the Telecom Services subindustry, GCI Liberty'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.

GCI Liberty's Return-on-Tangible-Equity Distribution in the Telecommunication Services Industry

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

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

GCI Liberty Return-on-Tangible-Equity Calculation

GCI Liberty's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2019 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets )	/ count )
		(A: Dec. 2019 )		(A: Dec. 2018 )		(A: Dec. 2019 )
	=	1938.698	/	( (2493.78	+	4607.168 )	/ 2 )
	=	1938.698	/	3550.474
	=	54.60 %

GCI Liberty's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2020 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(Q: Sep. 2020 )		(Q: Jun. 2020 )		(Q: Sep. 2020 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets)	/ count )
		(Q: Sep. 2020 )		(Q: Jun. 2020 )		(Q: Sep. 2020 )
	=	3297.648	/	( (4629.588	+	5494.872)	/ 2 )
	=	3297.648	/	5062.23
	=	65.14 %

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. 2020) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

GCI Liberty (NAS:GLIBP.PFD) 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.

GCI Liberty Return-on-Tangible-Equity Related Terms

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GCI Liberty (GCI Liberty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » GCI Liberty Inc (NAS:GLIBP.PFD) » Definitions » Return-on-Tangible-Equity

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Traded in Other Exchanges

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Address

12300 Liberty Boulevard, Englewood, CO, USA, 80112

Website

http://www.gciliberty.com

GCI Liberty Inc is a holding company.Through its subsidiaries it provides various wireless, data, video, voice, and managed services to residential customers, businesses, governmental entities, and educational and medical institutions primarily in Alaska under the GCI brand. The company mainly serves markets that bear harsh winter and are located in remote geographies in North America.