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Global Payment Technologies (Global Payment Technologies) Return-on-Tangible-Equity : -118.79% (As of Jun. 2008)


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What is Global Payment Technologies 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. Global Payment Technologies's annualized net income for the quarter that ended in Jun. 2008 was $-2.24 Mil. Global Payment Technologies's average shareholder tangible equity for the quarter that ended in Jun. 2008 was $1.89 Mil. Therefore, Global Payment Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2008 was -118.79%.

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

GPTX'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.

Global Payment Technologies Return-on-Tangible-Equity Historical Data

The historical data trend for Global Payment Technologies'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.

Global Payment Technologies Return-on-Tangible-Equity Chart

Global Payment Technologies Annual Data
Trend Sep98 Sep99 Sep00 Sep01 Sep02 Sep03 Sep04 Sep05 Sep06 Sep07
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -40.12 -14.83 -4.68 -37.31 -91.52

Global Payment Technologies Quarterly Data
Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08
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 -115.70 -134.55 -128.28 -184.11 -118.79

Competitive Comparison of Global Payment Technologies's Return-on-Tangible-Equity

For the Business Equipment & Supplies subindustry, Global Payment Technologies'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.


Global Payment Technologies's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

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

* The bar in red indicates where Global Payment Technologies's Return-on-Tangible-Equity falls into.



Global Payment Technologies Return-on-Tangible-Equity Calculation

Global Payment Technologies's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2007 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2007 )  (A: Sep. 2006 )(A: Sep. 2007 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2007 )  (A: Sep. 2006 )(A: Sep. 2007 )
=-5.591/( (8.837+3.381 )/ 2 )
=-5.591/6.109
=-91.52 %

Global Payment Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2008 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2008 )  (Q: Mar. 2008 )(Q: Jun. 2008 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2008 )  (Q: Mar. 2008 )(Q: Jun. 2008 )
=-2.244/( (2.1+1.678)/ 2 )
=-2.244/1.889
=-118.79 %

* 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 (Jun. 2008) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Global Payment Technologies  (OTCPK:GPTX) 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.


Global Payment Technologies Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Global Payment Technologies's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Global Payment Technologies (Global Payment Technologies) Business Description

Traded in Other Exchanges
N/A
Address
170 Wilbur Place, Bohemia, NY, USA, 11716
Global Payment Technologies Inc designs, manufactures, sells and supports payment components internationally. GPT carries a full range of payment components and specialises in innovative note validation and payment components for the international Gaming, Vending, Parking and Kiosk industries. Its products can be product can be found in all Australian Casinos, Clubs, and Hotels.
Executives
Thomas Mcneill officer: Vice President, CFO & Secy 425B OSER AVE, HAUPPAUGE NY 11788
Henry Ellis director 111 BOLAND STREET, SUITE 300 FORT WORTH TX 76107
Stephen Katz 10 percent owner

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