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Gulf West Security Network (Gulf West Security Network) Return-on-Tangible-Equity : 0.00% (As of Sep. 2022)


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What is Gulf West Security Network 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. Gulf West Security Network's annualized net income for the quarter that ended in Sep. 2022 was $-0.30 Mil. Gulf West Security Network's average shareholder tangible equity for the quarter that ended in Sep. 2022 was $-3.11 Mil. Therefore, Gulf West Security Network's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 was N/A%.

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

GWSN's Return-on-Tangible-Equity is not ranked *
in the Business Services industry.
Industry Median: 11.955
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Gulf West Security Network Return-on-Tangible-Equity Historical Data

The historical data trend for Gulf West Security Network'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.

Gulf West Security Network Return-on-Tangible-Equity Chart

Gulf West Security Network Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Equity
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Gulf West Security Network Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 Gulf West Security Network's Return-on-Tangible-Equity

For the Security & Protection Services subindustry, Gulf West Security Network'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.


Gulf West Security Network's Return-on-Tangible-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Gulf West Security Network's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Gulf West Security Network's Return-on-Tangible-Equity falls into.



Gulf West Security Network Return-on-Tangible-Equity Calculation

Gulf West Security Network's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=-0.291/( (-2.717+-3.009 )/ 2 )
=-0.291/-2.863
=N/A %

Gulf West Security Network's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=-0.296/( (-3.072+-3.146)/ 2 )
=-0.296/-3.109
=N/A %

* 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. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Gulf West Security Network  (OTCPK:GWSN) 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.


Gulf West Security Network Return-on-Tangible-Equity Related Terms

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Gulf West Security Network (Gulf West Security Network) Business Description

Traded in Other Exchanges
N/A
Address
2851 Johnson Street, Unit No. 194, Lafayette, LA, USA, 70503
Gulf West Security Network Inc is involved in providing residential and commercial electronic security, home automation, and systems integration services on both a retail and wholesale basis. The group is engaged in the sale, installation, servicing, and monitoring of electronic systems in the United States.
Executives
Sean Clarke director, officer: CFO 225 AVENIDA MONTEREY, UNIT D, SAN CLEMENTE CA 92672
Fred G Luke officer: President 2618 SAN MIGUAL, STE 203, NEWPORT BEACH CA 92660
Derek C Cahill 10 percent owner 555 N EL CAMINO REAL, S133, SAN CLEMENTE CA 92672

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