Ecofin Water & Power Opportunities (LSE:ECWZ.PFD) Return-on-Tangible-Equity : 6.19% (As of Mar. 2016)

Ecofin Water & Power Opportunities Return-on-Tangible-Equity Chart

Ecofin Water & Power Opportunities Annual Data
	Trend	Mar06	Mar07	Mar08	Mar09	Mar10	Mar11	Mar12	Sep13	Sep14	Sep15
Return-on-Tangible-Equity		Get a 7-Day Free Trial					1.33	-4.16	10.29	23.76	-37.40

Ecofin Water & Power Opportunities Semi-Annual Data
	Sep06	Mar07	Sep07	Mar08	Sep08	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16
Return-on-Tangible-Equity	Get a 7-Day Free Trial															23.07	24.60	-21.96	-53.78	6.19

Competitive Comparison of Ecofin Water & Power Opportunities's Return-on-Tangible-Equity

For the Asset Management subindustry, Ecofin Water & Power Opportunities'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.

Ecofin Water & Power Opportunities's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ecofin Water & Power Opportunities's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Ecofin Water & Power Opportunities's Return-on-Tangible-Equity falls into.

Ecofin Water & Power Opportunities Return-on-Tangible-Equity Calculation

Ecofin Water & Power Opportunities's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2015 is calculated as

Ecofin Water & Power Opportunities's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2016 is calculated as

* 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 (Mar. 2016) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

Ecofin Water & Power Opportunities  (LSE:ECWZ.PFD) 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.

Ecofin Water & Power Opportunities Return-on-Tangible-Equity Related Terms

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Ecofin Water & Power Opportunities Business Description