What is Professional Diversity 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. Professional Diversity Network's annualized net income for the quarter that ended in Dec. 2023 was $-2.06 Mil. Professional Diversity Network's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $0.87 Mil. Therefore, Professional Diversity Network's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -236.32%.
The historical rank and industry rank for Professional Diversity Network's Return-on-Tangible-Equity or its related term are showing as below:
IPDN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -466.06 Med: -203.89 Max: -61.06
Current: -466.06
During the past 13 years, Professional Diversity Network's highest Return-on-Tangible-Equity was -61.06%. The lowest was -466.06%. And the median was -203.89%.
IPDN's Return-on-Tangible-Equity is ranked worse than 98.8% of 998
companies
in the Business Services industry
Industry Median: 11.955
vs IPDN: -466.06
Professional Diversity Network Return-on-Tangible-Equity Historical Data
* 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.
Professional Diversity Network Return-on-Tangible-Equity Chart
Competitive Comparison of Professional Diversity Network's Return-on-Tangible-Equity
For the Staffing & Employment Services subindustry, Professional Diversity 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.
Professional Diversity Network's Return-on-Tangible-Equity Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Professional Diversity Network's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Professional Diversity Network's Return-on-Tangible-Equity falls into.
Professional Diversity Network Return-on-Tangible-Equity Calculation
Professional Diversity Network's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as
* 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 (Dec. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Professional Diversity Network (NAS:IPDN) 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.
Professional Diversity Network Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Professional Diversity Network's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Professional Diversity Network (Professional Diversity Network) Business Description
Professional Diversity Network Inc is engaged in providing access to networking, training, educational and employment services to its registered users. It has three operating segments: the Professional Diversity Network (PDN) segment, which includes online professional networking communities with career resources for diverse cultural groups and employers looking to hire members; and the National Association of Professional Women (NAPW) segment, which is a women-only professional networking organization, the RemoteMore segment. The company generates revenues from paid membership subscriptions and related services, recruitment services, product sales, education & training, and consumer advertising & consumer marketing solutions.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
IPDN has been successfully added to your 