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International Market Centers (International Market Centers) Return-on-Tangible-Equity : -16.28% (As of Dec. 2014)


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What is International Market Centers 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. International Market Centers's annualized net income for the quarter that ended in Dec. 2014 was $-29.55 Mil. International Market Centers's average shareholder tangible equity for the quarter that ended in Dec. 2014 was $181.56 Mil. Therefore, International Market Centers's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2014 was -16.28%.

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

IMC's Return-on-Tangible-Equity is not ranked *
in the REITs industry.
Industry Median: 4.49
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

International Market Centers Return-on-Tangible-Equity Historical Data

The historical data trend for International Market Centers'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.

International Market Centers Return-on-Tangible-Equity Chart

International Market Centers Annual Data
Trend Dec12 Dec13 Dec14
Return-on-Tangible-Equity
-31.51 -16.25 -16.28

International Market Centers Semi-Annual Data
Dec12 Dec13 Dec14
Return-on-Tangible-Equity -31.51 -16.25 -16.28

Competitive Comparison of International Market Centers's Return-on-Tangible-Equity

For the REIT - Retail subindustry, International Market Centers'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.


International Market Centers's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, International Market Centers's Return-on-Tangible-Equity distribution charts can be found below:

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



International Market Centers Return-on-Tangible-Equity Calculation

International Market Centers'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 )
=-29.551/( (203.125+160 )/ 2 )
=-29.551/181.5625
=-16.28 %

International Market Centers's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2014 )  (Q: Dec. 2013 )(Q: Dec. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2014 )  (Q: Dec. 2013 )(Q: Dec. 2014 )
=-29.551/( (203.125+160)/ 2 )
=-29.551/181.5625
=-16.28 %

* 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 one times the annual (Dec. 2014) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


International Market Centers  (NYSE:IMC) 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.


International Market Centers Return-on-Tangible-Equity Related Terms

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


International Market Centers (International Market Centers) Business Description

Traded in Other Exchanges
N/A
Address
International Market Centers Inc was incorporated in Maryland on June 27, 2014. The Company is structured as an internally-managed REIT. The Company is the owner and operator of permanent business-to-business showroom space in North America for the home furniture industry and owners and operators of permanent business-to-business showroom space for the home décor and gift industries. The Company owns approximately 11.9 million gross square feet of showroom space across 13 buildings in High Point, North Carolina and three buildings and three exhibition pavilions in Las Vegas, Nevada. The Company leases its space on a long-term basis to manufacturers and suppliers of home furniture, home décor and gift products that participate in the Company's Markets. The Company faces competition from other Markets that serve manufacturers and suppliers and buyers of home furniture, home décor and gift products.

International Market Centers (International Market Centers) Headlines

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