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GME Innotainment (GME Innotainment) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Sep. 2015)


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What is GME Innotainment 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. GME Innotainment's annualized net income for the quarter that ended in Sep. 2015 was $0.17 Mil. GME Innotainment's average shareholder tangible equity for the quarter that ended in Sep. 2015 was $-0.32 Mil. Therefore, GME Innotainment's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2015 was Negative Tangible Equity%.

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

GMEV's Return-on-Tangible-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 7.52
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

GME Innotainment Return-on-Tangible-Equity Historical Data

The historical data trend for GME Innotainment'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.

GME Innotainment Return-on-Tangible-Equity Chart

GME Innotainment Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only -339.97 - - -3,520.75 -728.16

GME Innotainment Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 -39.02 - Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Competitive Comparison of GME Innotainment's Return-on-Tangible-Equity

For the Pollution & Treatment Controls subindustry, GME Innotainment'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.


GME Innotainment's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, GME Innotainment's Return-on-Tangible-Equity distribution charts can be found below:

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



GME Innotainment Return-on-Tangible-Equity Calculation

GME Innotainment'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 )
=-0.75/( (0.577+-0.371 )/ 2 )
=-0.75/0.103
=-728.16 %

GME Innotainment'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 )
=0.168/( (-0.337+-0.295)/ 2 )
=0.168/-0.316
=Negative Tangible Equity %

* 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.


GME Innotainment  (OTCPK:GMEV) 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.


GME Innotainment Return-on-Tangible-Equity Related Terms

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GME Innotainment (GME Innotainment) Business Description

Traded in Other Exchanges
N/A
Address
208 East 51st Street, Suite 170, New York, NY, USA, 10022
GME Innotainment Inc is engaged in marketing, selling, and maintaining a patented water purification and filtration system. The company's target markets include agriculture, aquaculture, disaster response and relief, emergency preparedness, laundry services, energy, food and beverage, healthcare, industrial, marine, mining municipal and government, non-government organizations, correctional facilities, hotels and resorts, institutions of higher learning, public and private water authorities.