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Green Planet Group (Green Planet Group) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Sep. 2011)


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What is Green Planet Group 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. Green Planet Group's annualized net income for the quarter that ended in Sep. 2011 was $70.42 Mil. Green Planet Group's average shareholder tangible equity for the quarter that ended in Sep. 2011 was $-25.99 Mil. Therefore, Green Planet Group's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2011 was Negative Tangible Equity%.

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

GNPG's Return-on-Tangible-Equity is not ranked *
in the Chemicals industry.
Industry Median: 5.865
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Green Planet Group Return-on-Tangible-Equity Historical Data

The historical data trend for Green Planet Group'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.

Green Planet Group Return-on-Tangible-Equity Chart

Green Planet Group Annual Data
Trend Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11
Return-on-Tangible-Equity
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Green Planet Group Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 - Negative Tangible Equity - - Negative Tangible Equity

Competitive Comparison of Green Planet Group's Return-on-Tangible-Equity

For the Specialty Chemicals subindustry, Green Planet Group'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.


Green Planet Group's Return-on-Tangible-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Green Planet Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Green Planet Group's Return-on-Tangible-Equity falls into.



Green Planet Group Return-on-Tangible-Equity Calculation

Green Planet Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2011 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2011 )  (A: Mar. 2010 )(A: Mar. 2011 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2011 )  (A: Mar. 2010 )(A: Mar. 2011 )
=-15.44/( (-27.793+-33.283 )/ 2 )
=-15.44/-30.538
=N/A %

Green Planet Group's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2011 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2011 )  (Q: Jun. 2011 )(Q: Sep. 2011 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2011 )  (Q: Jun. 2011 )(Q: Sep. 2011 )
=70.42/( (-34.915+-17.058)/ 2 )
=70.42/-25.9865
=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. 2011) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Green Planet Group  (OTCPK:GNPG) 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.


Green Planet Group Return-on-Tangible-Equity Related Terms

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Green Planet Group (Green Planet Group) Business Description

Traded in Other Exchanges
N/A
Address
3259 E. Harbour Drive, Suite 101, Phoenix, AZ, USA, 85034
Green Planet Group Inc, through its subsidiaries, is engaged in the following businesses: production of lubricants and additives for gasoline and diesel-fueled engines; developing a hydrogen generator that reduces hydrocarbon emissions while improving fuel efficiency; developing a new "fast track" growing system capable of growing vast amounts of fresh organic food at the point of consumption reducing transportation costs while reducing water use by 90+% and increasing productivity by 300%; and developing green technologies for use in the mining of rare and precious metals and elements.

Green Planet Group (Green Planet Group) Headlines