GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » LookSmart Group Inc (OTCPK:LKST) » Definitions » Return-on-Tangible-Equity

LookSmart Group (LookSmart Group) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Jun. 2017)


View and export this data going back to 2016. Start your Free Trial

What is LookSmart Group 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. LookSmart Group's annualized net income for the quarter that ended in Jun. 2017 was $0.04 Mil. LookSmart Group's average shareholder tangible equity for the quarter that ended in Jun. 2017 was $-1.43 Mil. Therefore, LookSmart Group's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2017 was Negative Tangible Equity%.

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

LKST's Return-on-Tangible-Equity is not ranked *
in the Interactive Media industry.
Industry Median: 3.605
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

LookSmart Group Return-on-Tangible-Equity Historical Data

The historical data trend for LookSmart Group'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.

LookSmart Group Return-on-Tangible-Equity Chart

LookSmart Group Annual Data
Trend Dec14 Dec15 Dec16
Return-on-Tangible-Equity
-265.58 -327.51 -

LookSmart Group Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Jun17
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - Negative Tangible Equity Negative Tangible Equity

Competitive Comparison of LookSmart Group's Return-on-Tangible-Equity

For the Internet Content & Information subindustry, LookSmart Group'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.


LookSmart Group's Return-on-Tangible-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, LookSmart Group's Return-on-Tangible-Equity distribution charts can be found below:

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



LookSmart Group Return-on-Tangible-Equity Calculation

LookSmart Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=-1.051/( (-0.458+-1.576 )/ 2 )
=-1.051/-1.017
=N/A %

LookSmart Group's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2017 )  (Q: Dec. 2016 )(Q: Jun. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2017 )  (Q: Dec. 2016 )(Q: Jun. 2017 )
=0.04/( (-1.576+-1.286)/ 2 )
=0.04/-1.431
=Negative Tangible Equity %

* 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 (Jun. 2017) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


LookSmart Group  (OTCPK:LKST) 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.


LookSmart Group Return-on-Tangible-Equity Related Terms

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


LookSmart Group (LookSmart Group) Business Description

Traded in Other Exchanges
N/A
Address
2850 West Horizon Ridge Parkway, Suite 200, Henderson, NV, USA, 89052
LookSmart Group Inc engages in providing digital advertising solutions. The company provides solutions for search and display advertising customers in a large online advertising ecosystem serving ads that target user queries on partner sites. It offers search advertising customers, and targeted search through a search advertising distribution network that uses the company's AdCenter platform technology. It offers advertisers the ability to buy graphical display advertising. The company derives its revenues from LookSmart AdCenter, Novatech.io, ShopWiki, and web searches.

LookSmart Group (LookSmart Group) Headlines