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Gen2 Technologies (Gen2 Technologies) Return-on-Tangible-Equity : 0.00% (As of Oct. 2017)


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What is Gen2 Technologies 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. Gen2 Technologies's annualized net income for the quarter that ended in Oct. 2017 was $-0.42 Mil. Gen2 Technologies's average shareholder tangible equity for the quarter that ended in Oct. 2017 was $-0.99 Mil. Therefore, Gen2 Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2017 was N/A%.

The historical rank and industry rank for Gen2 Technologies's Return-on-Tangible-Equity or its related term are showing as below:

MNIZ's Return-on-Tangible-Equity is not ranked *
in the Media - Diversified industry.
Industry Median: 5.33
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Gen2 Technologies Return-on-Tangible-Equity Historical Data

The historical data trend for Gen2 Technologies'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.

Gen2 Technologies Return-on-Tangible-Equity Chart

Gen2 Technologies Annual Data
Trend Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
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Gen2 Technologies Quarterly Data
Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17
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Competitive Comparison of Gen2 Technologies's Return-on-Tangible-Equity

For the Broadcasting subindustry, Gen2 Technologies'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.


Gen2 Technologies's Return-on-Tangible-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Gen2 Technologies's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Gen2 Technologies's Return-on-Tangible-Equity falls into.



Gen2 Technologies Return-on-Tangible-Equity Calculation

Gen2 Technologies's annualized Return-on-Tangible-Equity for the fiscal year that ended in Apr. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Apr. 2017 )  (A: Apr. 2016 )(A: Apr. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Apr. 2017 )  (A: Apr. 2016 )(A: Apr. 2017 )
=-0.973/( (-0.362+-3.105 )/ 2 )
=-0.973/-1.7335
=N/A %

Gen2 Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Oct. 2017 )  (Q: Jul. 2017 )(Q: Oct. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Oct. 2017 )  (Q: Jul. 2017 )(Q: Oct. 2017 )
=-0.416/( (-0.97+-1.018)/ 2 )
=-0.416/-0.994
=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 (Oct. 2017) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Gen2 Technologies  (OTCPK:MNIZ) 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.


Gen2 Technologies Return-on-Tangible-Equity Related Terms

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Gen2 Technologies (Gen2 Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1955 Baring Boulvard, Suite A, Sparks, NV, USA, 89434
Gen2 Technologies Inc is the next generation in live-action broadcasting technology. It is a full-service provider geared to professional leagues and athletes, whether it be traditional sports, extreme sports, or esports, that allows fans to watch them in action from perspectives that do not exist.

Gen2 Technologies (Gen2 Technologies) Headlines