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Jaleco Holding (JAS:7954) Return-on-Tangible-Equity : -1,642.03% (As of Dec. 2012)


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What is Jaleco Holding 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. Jaleco Holding's annualized net income for the quarter that ended in Dec. 2012 was 円-6,519 Mil. Jaleco Holding's average shareholder tangible equity for the quarter that ended in Dec. 2012 was 円397 Mil. Therefore, Jaleco Holding's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2012 was -1,642.03%.

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

JAS:7954's Return-on-Tangible-Equity is not ranked *
in the Business Services industry.
Industry Median: 11.86
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Jaleco Holding Return-on-Tangible-Equity Historical Data

The historical data trend for Jaleco Holding'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.

Jaleco Holding Return-on-Tangible-Equity Chart

Jaleco Holding Annual Data
Trend Dec09 Dec10 Dec11
Return-on-Tangible-Equity
6.59 51.02 -30.58

Jaleco Holding Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only -103.87 -181.85 -192.76 -132.26 -1,642.03

Competitive Comparison of Jaleco Holding's Return-on-Tangible-Equity

For the Specialty Business Services subindustry, Jaleco Holding'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.


Jaleco Holding's Return-on-Tangible-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Jaleco Holding's Return-on-Tangible-Equity distribution charts can be found below:

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



Jaleco Holding Return-on-Tangible-Equity Calculation

Jaleco Holding's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2011 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=-1033.473/( (4001.339+2757.638 )/ 2 )
=-1033.473/3379.4885
=-30.58 %

Jaleco Holding's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2012 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2012 )  (Q: Sep. 2012 )(Q: Dec. 2012 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2012 )  (Q: Sep. 2012 )(Q: Dec. 2012 )
=-6519.34/( (702.024+92.033)/ 2 )
=-6519.34/397.0285
=-1,642.03 %

* 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. 2012) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Jaleco Holding  (JAS:7954) 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.


Jaleco Holding Return-on-Tangible-Equity Related Terms

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Jaleco Holding (JAS:7954) Business Description

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