GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Georgetown Corp (OTCPK:GTCP) » Definitions » Return-on-Tangible-Equity

Georgetown (Georgetown) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Jun. 2012)


View and export this data going back to 2004. Start your Free Trial

What is Georgetown 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. Georgetown's annualized net income for the quarter that ended in Jun. 2012 was $0.11 Mil. Georgetown's average shareholder tangible equity for the quarter that ended in Jun. 2012 was $-0.05 Mil. Therefore, Georgetown's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2012 was Negative Tangible Equity%.

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

GTCP's Return-on-Tangible-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: -16.61
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Georgetown Return-on-Tangible-Equity Historical Data

The historical data trend for Georgetown'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.

Georgetown Return-on-Tangible-Equity Chart

Georgetown Annual Data
Trend Sep11
Return-on-Tangible-Equity
-

Georgetown Quarterly Data
Jun10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12
Return-on-Tangible-Equity Get a 7-Day Free Trial - - - - Negative Tangible Equity

Competitive Comparison of Georgetown's Return-on-Tangible-Equity

For the Other Industrial Metals & Mining subindustry, Georgetown'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.


Georgetown's Return-on-Tangible-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Georgetown's Return-on-Tangible-Equity distribution charts can be found below:

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



Georgetown Return-on-Tangible-Equity Calculation

Georgetown's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2011 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2011 )  (A: . 20 )(A: Sep. 2011 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2011 )  (A: . 20 )(A: Sep. 2011 )
=/( (+ )/ )
=/
= %

Georgetown's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2012 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2012 )  (Q: Mar. 2012 )(Q: Jun. 2012 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2012 )  (Q: Mar. 2012 )(Q: Jun. 2012 )
=0.108/( (-0.137+0.031)/ 2 )
=0.108/-0.053
=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 (Jun. 2012) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Georgetown  (OTCPK:GTCP) 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.


Georgetown Return-on-Tangible-Equity Related Terms

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


Georgetown (Georgetown) Business Description

Traded in Other Exchanges
N/A
Address
7100 South Bryant Avenue, Oklahoma City, OK, USA, 73149
Website
Georgetown Corp exploration stage company engaged in the acquisition and exploration of mineral properties. The company own an unpatented claim to prospect approximately a half-mile portion near Ruby.

Georgetown (Georgetown) Headlines

No Headlines