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ImageWare Systems (ImageWare Systems) Return-on-Tangible-Equity : 0.00% (As of Mar. 2022)


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What is ImageWare Systems 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. ImageWare Systems's annualized net income for the quarter that ended in Mar. 2022 was $-10.79 Mil. ImageWare Systems's average shareholder tangible equity for the quarter that ended in Mar. 2022 was $-10.82 Mil. Therefore, ImageWare Systems's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2022 was N/A%.

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

IWSY's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 7.72
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

ImageWare Systems Return-on-Tangible-Equity Historical Data

The historical data trend for ImageWare Systems'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.

ImageWare Systems Return-on-Tangible-Equity Chart

ImageWare Systems Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - Negative Tangible Equity

ImageWare Systems Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 ImageWare Systems's Return-on-Tangible-Equity

For the Software - Application subindustry, ImageWare Systems'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.


ImageWare Systems's Return-on-Tangible-Equity Distribution in the Software Industry

For the Software industry and Technology sector, ImageWare Systems's Return-on-Tangible-Equity distribution charts can be found below:

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



ImageWare Systems Return-on-Tangible-Equity Calculation

ImageWare Systems'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 )
=9.282/( (-21.725+-9.749 )/ 2 )
=9.282/-15.737
=Negative Tangible Equity %

ImageWare Systems's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=-10.792/( (-9.749+-11.899)/ 2 )
=-10.792/-10.824
=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 (Mar. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


ImageWare Systems  (OTCPK:IWSY) 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.


ImageWare Systems Return-on-Tangible-Equity Related Terms

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


ImageWare Systems (ImageWare Systems) Business Description

Traded in Other Exchanges
N/A
Address
11440 West Bernardo Court, Suite 300, San Diego, CA, USA, 92127
ImageWare Systems Inc was founded to innovate imaging. The company built a digital booking platform. ImageWare has evolved as a holder of multimodal biometrics, managing over million identities daily. It is democratizing biometrics by offering defense grade identity and authentication solutions to the masses. By identifying the person, not a device, and never disclosing Personally Identifiable Information (PII), the company is giving populations around the globe access to their important data.
Executives
Neal I Goldman 10 percent owner 170 SOUTHPORT DRIVE, MORRISVILLE NC 27560
James W Sight director 712 FIFTH AVENUE, C/O GRIFFON CORPORATION, NEW YORK NY 100194108
Douglas J Morgan director 561 KEYSTONE AVE #330, RENO NV 89503
Lauren C Anderson director C/O IMAGEWARE SYSTEMS INC., 13500 EVENING CREEK DRIVE N STE 550, SAN DIEGO CA 92128
Jay B Lewis officer: SVP and CFO 9503 SILVER SPUR LN, HIGHLANDS RANCH CO 80130
James M Demitrieus director 13500 EVENING CREEK DRIVE N., SUITE 550, SAN DIEGO CA 92128
Benjamin C. Smeal director 2221 OLYMPIC BLVD., WALNUT CREEK CA 94561
Nantahala Capital Partners Ii Limited Partnership 10 percent owner 130 MAIN ST, 2ND FLOOR, NEW CANAAN CT 06840
Nantahala Capital Management, Llc 10 percent owner 130 MAIN ST., 2ND FLOOR, NEW CANAAN CT 06840
Wilmot B. Harkey 10 percent owner C/O NANTAHALA CAPITAL MANAGEMENT, LLC, 130 MAIN ST. 2ND FLOOR, NEW CANAAN CT 06840
Daniel Mack 10 percent owner C/O NANTAHALA CAPITAL MANAGEMENT, LLC, 130 MAIN ST. 2ND FLOOR, NEW CANAAN CT 06840
Jonathan D Morris officer: CFO C/O IMAGEWARE SYSTEMS, INC., 13500 EVENING CREEK DRIVE N SUITE 550, SAN DIEGO CA 92128
Kristin Taylor officer: PRESIDENT & CEO 13500 EVENING CREEK DRIVE N, SUITE 550, SAN DIEGO CA 92128
S James Miller director, officer: COB & CEO 10815 RANCHO BERNARDO RD.,, SUITE 310, SAN DIEGO CA 92127
David E. Harding officer: CHIEF TECHNICAL OFFICER 10815 RANCHO BERNARDO ROAD, SUITE 310, SAN DIEGO CA 92127

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