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DWS Multi-marketome Trust (DWS Multi-marketome Trust) Return-on-Tangible-Equity : -1.45% (As of May. 2018)


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What is DWS Multi-marketome Trust 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. DWS Multi-marketome Trust's annualized net income for the quarter that ended in May. 2018 was $-2.98 Mil. DWS Multi-marketome Trust's average shareholder tangible equity for the quarter that ended in May. 2018 was $205.28 Mil. Therefore, DWS Multi-marketome Trust's annualized Return-on-Tangible-Equity for the quarter that ended in May. 2018 was -1.45%.

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

KMM's Return-on-Tangible-Equity is not ranked *
in the Asset Management industry.
Industry Median: 5.025
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

DWS Multi-marketome Trust Return-on-Tangible-Equity Historical Data

The historical data trend for DWS Multi-marketome Trust'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.

DWS Multi-marketome Trust Return-on-Tangible-Equity Chart

DWS Multi-marketome Trust Annual Data
Trend Nov17
Return-on-Tangible-Equity
7.27

DWS Multi-marketome Trust Semi-Annual Data
Nov17 May18
Return-on-Tangible-Equity - -1.45

Competitive Comparison of DWS Multi-marketome Trust's Return-on-Tangible-Equity

For the Asset Management subindustry, DWS Multi-marketome Trust'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.


DWS Multi-marketome Trust's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, DWS Multi-marketome Trust's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where DWS Multi-marketome Trust's Return-on-Tangible-Equity falls into.



DWS Multi-marketome Trust Return-on-Tangible-Equity Calculation

DWS Multi-marketome Trust's annualized Return-on-Tangible-Equity for the fiscal year that ended in Nov. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Nov. 2017 )  (A: . 20 )(A: Nov. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Nov. 2017 )  (A: . 20 )(A: Nov. 2017 )
=/( (+ )/ )
=/
= %

DWS Multi-marketome Trust's annualized Return-on-Tangible-Equity for the quarter that ended in May. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: May. 2018 )  (Q: Nov. 2017 )(Q: May. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: May. 2018 )  (Q: Nov. 2017 )(Q: May. 2018 )
=-2.98/( (208.349+202.213)/ 2 )
=-2.98/205.281
=-1.45 %

* 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 two times the semi-annual (May. 2018) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


DWS Multi-marketome Trust  (NYSE:KMM) 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.


DWS Multi-marketome Trust Return-on-Tangible-Equity Related Terms

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


DWS Multi-marketome Trust (DWS Multi-marketome Trust) Business Description

Traded in Other Exchanges
N/A
Address
DWS Multi-market Income Trust is a closed-end, diversified management investment company. The fund's investment objective is to provide high current income consistent with prudent total return asset management.
Executives
Michelle S. Goveia other: Chief Compliance Officer of IA C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Sheila Cadogan officer: Assistant Treasurer C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Wahgo Chang other: Director of Investment Adviser C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Fiona Bassett other: Director of Investment Adviser C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 11752
John Cassedy other: EVP of Investmemt Adviser C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Paul Blodgett other: Director of Investment Adviser C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, 25TH FLOOR, NEW YORK NY 10005
Gregory Staples other: Director of Investment Adviser C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, 25TH FLOOR, NEW YORK NY 10005
Patrick Robert Mccarthy other: Section 16 reporting officer C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Scott D Hogan officer: Chief Compliance Officer C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Erik Mogavero officer: Chief Compliance Officer of IA C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Thomas Roberts Bouchard other: Portfolio Manager C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Gregory Richter other: Section 16 Reporting Person C/O DEUTSCHE BANK, 5022 GATE PARKWAY, SUITE 400, JACKSONVILLE FL 32256
Kenneth C Froewiss director
Wayne Salit officer: AML Compliance Officer C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Brian Costello other: Director & COO of Inv. Adviser C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005

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