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MKTW (Marketwise) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Dec. 2024)


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What is Marketwise 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. Marketwise's annualized net income for the quarter that ended in Dec. 2024 was $8.6 Mil. Marketwise's average shareholder tangible equity for the quarter that ended in Dec. 2024 was $-54.0 Mil. Therefore, Marketwise's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was Negative Tangible Equity%.

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

MKTW' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0
Current: Negative Tangible Equity

MKTW's Return-on-Tangible-Equity is ranked better than
99.87% of 765 companies
in the Capital Markets industry
Industry Median: 6.3 vs MKTW: Negative Tangible Equity

Marketwise Return-on-Tangible-Equity Historical Data

The historical data trend for Marketwise'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.

Marketwise Return-on-Tangible-Equity Chart

Marketwise Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial - - Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Marketwise Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Competitive Comparison of Marketwise's Return-on-Tangible-Equity

For the Financial Data & Stock Exchanges subindustry, Marketwise'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.


Marketwise's Return-on-Tangible-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Marketwise's Return-on-Tangible-Equity distribution charts can be found below:

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


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Marketwise Return-on-Tangible-Equity Calculation

Marketwise's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=7.059/( (-48.374+-47.252 )/ 2 )
=7.059/-47.813
=Negative Tangible Equity %

Marketwise's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=8.552/( (-60.724+-47.252)/ 2 )
=8.552/-53.988
=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 (Dec. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Marketwise  (NAS:MKTW) 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.


Marketwise Return-on-Tangible-Equity Related Terms

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


Marketwise Business Description

Traded in Other Exchanges
N/A
Address
1125 N. Charles Street, Baltimore, MD, USA, 21201
Marketwise Inc is a multi-brand subscription services platform providing premium financial research, software, education, and tools for investors. Its products are built for high-value financial research, education, actionable investment ideas, and investment software. It is a digital, direct-to-consumer company offering its research across a variety of platforms including mobile, desktops, and tablets.
Executives
Glenn H Tongue director 600 MONTGOMERY STREET, SUITE 1100, SAN FRANCISCO CA 94111
Greenhaven Road Capital Fund 2, L.p. 10 percent owner 8 SOUND SHORE DRIVE, C/O ROYCE & ASSOCIATES, SUITE 190, GREENWICH CT 06830
Erik Mickels officer: Chief Financial Officer 155 108TH AVENUE NE, SUITE 400, BELLEVUE WA 98004
Greenhaven Road Investment Management, L.p. 10 percent owner 8 SOUND SHORE DRIVE, C/O ROYCE & ASSOCIATES, SUITE 190, GREENWICH CT 06830
Frank Porter Stansberry 10 percent owner 1217 ST. PAUL STREET, BALTIMORE MD 21202
Amber Lee Mason officer: Chief Operating Officer C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Matthew Tate Smith director C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Matthew Joseph Turner director C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
David Eifrig director C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Stephen M Park officer: Chief Financial Officer C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Riaan Hodgson director, officer: Chief Operating Officer C/O ASCENDANT DIGITAL ACQUISITION CORP., 667 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10065
Greenhaven Road Special Opportunities Fund Lp 10 percent owner 8 SOUND SHORE DRIVE, SUITE 190, GREENWICH CT 06830
Gary Daniel Anderson officer: GENERAL COUNSEL C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Mcginness James Andrew Iii officer: Corporate Controller C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Marco Galsim officer: Chief Information Officer C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201