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. Mood Media's annualized net income for the quarter that ended in Mar. 2017 was £-30.7 Mil. Mood Media's average shareholder tangible equity for the quarter that ended in Mar. 2017 was £-462.0 Mil. Therefore, Mood Media's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2017 was N/A%.
The historical rank and industry rank for Mood Media's Return-on-Tangible-Equity or its related term are showing as below:
LSE:MM.'s Return-on-Tangible-Equity is not ranked *
in the Media - Diversified industry.
Industry Median: 5.45 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Mood Media Return-on-Tangible-Equity Historical Data
The historical data trend for Mood Media'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.
Competitive Comparison of Mood Media's Return-on-Tangible-Equity
For the Advertising Agencies subindustry, Mood Media'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.
Mood Media's Return-on-Tangible-Equity Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Mood Media's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Mood Media's Return-on-Tangible-Equity falls into.
Mood Media Return-on-Tangible-Equity Calculation
Mood Media's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 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 four times the quarterly (Mar. 2017) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Mood Media (LSE:MM.) 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.
Mood Media Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Mood Media's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Mood Media Corp was continued under the Canada Business Corporations Act on June 17, 2008 under the name Fluid Music Canada, Inc. On June 28, 2010, the Company changed its name to Mood Media Corporation. The Company provides in-store audio, visual, mobile, social and scent marketing solutions to businesses including specialist retailers, department stores, supermarkets, financial institutions and fitness clubs, as well as hotels, car dealerships and restaurants. Proprietary technology and software are used to deploy music from a compiled music library to client sites. This library comes from a diverse network of producers including major labels and independent and emerging artists. The Company reports its continuing operations in three reportable segments, In-store media - International, In-store media - North America, and BIS based on the significant business activity of the Company and its subsidiaries.
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