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SOLON AG fuer Solartechnik (LTS:0G3C) Return-on-Tangible-Equity : 0.00% (As of Sep. 2011)


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What is SOLON AG fuer Solartechnik 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. SOLON AG fuer Solartechnik's annualized net income for the quarter that ended in Sep. 2011 was €-580.9 Mil. SOLON AG fuer Solartechnik's average shareholder tangible equity for the quarter that ended in Sep. 2011 was €-42.6 Mil. Therefore, SOLON AG fuer Solartechnik's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2011 was N/A%.

The historical rank and industry rank for SOLON AG fuer Solartechnik's Return-on-Tangible-Equity or its related term are showing as below:

LTS:0G3C' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -510.68   Med: 13.86   Max: 247.2
Current: -21.16

During the past 8 years, SOLON AG fuer Solartechnik's highest Return-on-Tangible-Equity was 247.20%. The lowest was -510.68%. And the median was 13.86%.

LTS:0G3C's Return-on-Tangible-Equity is not ranked
in the Semiconductors industry.
Industry Median: 5.145 vs LTS:0G3C: -21.16

SOLON AG fuer Solartechnik Return-on-Tangible-Equity Historical Data

The historical data trend for SOLON AG fuer Solartechnik'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.

SOLON AG fuer Solartechnik Return-on-Tangible-Equity Chart

SOLON AG fuer Solartechnik Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Return-on-Tangible-Equity
Get a 7-Day Free Trial 19.23 18.13 9.60 -123.11 -21.16

SOLON AG fuer Solartechnik Quarterly Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 -31.45 -10.27 -102.86 -309.29 -

Competitive Comparison of SOLON AG fuer Solartechnik's Return-on-Tangible-Equity

For the Solar subindustry, SOLON AG fuer Solartechnik'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.


SOLON AG fuer Solartechnik's Return-on-Tangible-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, SOLON AG fuer Solartechnik's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where SOLON AG fuer Solartechnik's Return-on-Tangible-Equity falls into.



SOLON AG fuer Solartechnik Return-on-Tangible-Equity Calculation

SOLON AG fuer Solartechnik's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2010 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2010 )  (A: Dec. 2009 )(A: Dec. 2010 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2010 )  (A: Dec. 2009 )(A: Dec. 2010 )
=-19.798/( (94.441+92.685 )/ 2 )
=-19.798/93.563
=-21.16 %

SOLON AG fuer Solartechnik's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2011 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2011 )  (Q: Jun. 2011 )(Q: Sep. 2011 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2011 )  (Q: Jun. 2011 )(Q: Sep. 2011 )
=-580.912/( (32.595+-117.783)/ 2 )
=-580.912/-42.594
=N/A %

* 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 (Sep. 2011) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


SOLON AG fuer Solartechnik  (LTS:0G3C) 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.


SOLON AG fuer Solartechnik Return-on-Tangible-Equity Related Terms

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SOLON AG fuer Solartechnik (LTS:0G3C) Business Description

Traded in Other Exchanges
N/A
Address
3840 South Palo Verde, Suite 205, Tucson, AZ, USA, 85714
SOLON SE is a Germany-based manufacturer of solar modules and supplier of solar system technology. It produces and distributes solar modules, as well monocrystalline and polycrystalline solar cells to wholesalers and installers. It focuses on the construction of turnkey solar power plants on rooftops and on open fields, as well as the distribution of systems to project developers and utility companies.

SOLON AG fuer Solartechnik (LTS:0G3C) Headlines

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