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Kreisler Manufacturing (Kreisler Manufacturing) Return-on-Tangible-Equity : 13.01% (As of Jun. 2008)


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What is Kreisler Manufacturing 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. Kreisler Manufacturing's annualized net income for the quarter that ended in Jun. 2008 was $1.87 Mil. Kreisler Manufacturing's average shareholder tangible equity for the quarter that ended in Jun. 2008 was $14.35 Mil. Therefore, Kreisler Manufacturing's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2008 was 13.01%.

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

KRSL's Return-on-Tangible-Equity is not ranked *
in the Aerospace & Defense industry.
Industry Median: 7.635
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Kreisler Manufacturing Return-on-Tangible-Equity Historical Data

The historical data trend for Kreisler Manufacturing'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.

Kreisler Manufacturing Return-on-Tangible-Equity Chart

Kreisler Manufacturing Annual Data
Trend Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.89 1.81 11.47 16.42 13.01

Kreisler Manufacturing Semi-Annual Data
Jun90 Jun91 Jun92 Jun93 Jun94 Jun95 Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08
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 -6.89 1.81 11.47 16.42 13.01

Competitive Comparison of Kreisler Manufacturing's Return-on-Tangible-Equity

For the Aerospace & Defense subindustry, Kreisler Manufacturing'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.


Kreisler Manufacturing's Return-on-Tangible-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Kreisler Manufacturing's Return-on-Tangible-Equity distribution charts can be found below:

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



Kreisler Manufacturing Return-on-Tangible-Equity Calculation

Kreisler Manufacturing's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2008 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2008 )  (A: Jun. 2007 )(A: Jun. 2008 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2008 )  (A: Jun. 2007 )(A: Jun. 2008 )
=1.866/( (13.143+15.549 )/ 2 )
=1.866/14.346
=13.01 %

Kreisler Manufacturing's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2008 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2008 )  (Q: Jun. 2007 )(Q: Jun. 2008 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2008 )  (Q: Jun. 2007 )(Q: Jun. 2008 )
=1.866/( (13.143+15.549)/ 2 )
=1.866/14.346
=13.01 %

* 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 one times the annual (Jun. 2008) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Kreisler Manufacturing  (OTCPK:KRSL) 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.


Kreisler Manufacturing Return-on-Tangible-Equity Related Terms

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Kreisler Manufacturing (Kreisler Manufacturing) Business Description

Traded in Other Exchanges
N/A
Address
Kreisler Manufacturing Corp is a Delaware corporation which was incorporated on December 13, 1968. The Company and its wholly-owned subsidiaries, Kreisler Industrial Corporation and Kreisler Polska Sp. z o.o, manufactures precision metal components and assemblies mainly for use in military and commercial aircraft engines and in industrial gas turbines. Its products include tube assemblies of multiple sizes and configurations as well as machined components. These quality engineered tube assemblies transfer fuel, oil, water, air and hydraulic fluids.

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