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Interfoundry (Interfoundry) Return-on-Tangible-Equity : 0.00% (As of Jan. 2004)


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What is Interfoundry 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. Interfoundry's annualized net income for the quarter that ended in Jan. 2004 was $-0.71 Mil. Interfoundry's average shareholder tangible equity for the quarter that ended in Jan. 2004 was $-2.12 Mil. Therefore, Interfoundry's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2004 was N/A%.

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

ITFY's Return-on-Tangible-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 8.96
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Interfoundry Return-on-Tangible-Equity Historical Data

The historical data trend for Interfoundry'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.

Interfoundry Return-on-Tangible-Equity Chart

Interfoundry Annual Data
Trend Apr00 Apr01 Apr02
Return-on-Tangible-Equity
-2,145.73 - -

Interfoundry Quarterly Data
Jan00 Apr00 Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Jul03 Oct03 Jan04
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 - - - - -

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

For the Oil & Gas Refining & Marketing subindustry, Interfoundry'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.


Interfoundry's Return-on-Tangible-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Interfoundry's Return-on-Tangible-Equity distribution charts can be found below:

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



Interfoundry Return-on-Tangible-Equity Calculation

Interfoundry's annualized Return-on-Tangible-Equity for the fiscal year that ended in Apr. 2002 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Apr. 2002 )  (A: Apr. 2001 )(A: Apr. 2002 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Apr. 2002 )  (A: Apr. 2001 )(A: Apr. 2002 )
=-3.577/( (-0.23+-0.665 )/ 2 )
=-3.577/-0.4475
=N/A %

Interfoundry's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2004 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jan. 2004 )  (Q: Oct. 2003 )(Q: Jan. 2004 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2004 )  (Q: Oct. 2003 )(Q: Jan. 2004 )
=-0.708/( (-1.685+-2.547)/ 2 )
=-0.708/-2.116
=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 (Jan. 2004) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Interfoundry  (GREY:ITFY) 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.


Interfoundry Return-on-Tangible-Equity Related Terms

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


Interfoundry (Interfoundry) Business Description

Industry
Traded in Other Exchanges
N/A
Address
370 Amapola Avenue, Suite 200A, Torrance, CA, USA, 90501
Website
Interfoundry Inc is a holding company for diversified manufacturing operations. The Company builds relationships, partnerships, and joint ventures with manufacturers, including identifying/courting potential acquisitions and merger prospects.

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