What is Everspin 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. Everspin Technologies's annualized net income for the quarter that ended in Mar. 2025 was $-4.66 Mil. Everspin Technologies's average shareholder tangible equity for the quarter that ended in Mar. 2025 was $59.62 Mil. Therefore, Everspin Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was -7.82%.
The historical rank and industry rank for Everspin Technologies's Return-on-Tangible-Equity or its related term are showing as below:
MRAM'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -906.43 Med: -57.5 Max: 19.55
Current: -0.32
During the past 11 years, Everspin Technologies's highest Return-on-Tangible-Equity was 19.55%. The lowest was -906.43%. And the median was -57.50%.
MRAM's Return-on-Tangible-Equity is ranked worse than 65.53% of 969
companies
in the Semiconductors industry
Industry Median: 5.01
vs MRAM: -0.32
Everspin Technologies Return-on-Tangible-Equity Historical Data
The historical data trend for Everspin 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.
Competitive Comparison of Everspin Technologies's Return-on-Tangible-Equity
For the Semiconductors subindustry, Everspin 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.
Everspin Technologies's Return-on-Tangible-Equity Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Everspin Technologies's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Everspin Technologies's Return-on-Tangible-Equity falls into.
* 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. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
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.
Everspin Technologies Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Everspin Technologies's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Everspin Technologies Inc is a provider of Magnetoresistive Random Access Memory (MRAM) products. Its portfolio of MRAM technologies, including Toggle MRAM and Spin-transfer Torque MRAM (STT-MRAM), delivers superior performance, persistence, and reliability in non-volatile memories that transform how mission-critical data is protected against power loss. The company derives revenue from the sale of MRAM-based products in discrete unit form, licenses of and royalties on MRAM and magnetic sensor technology, the sale of backend foundry services, and design services to third parties. It recognizes revenue in three primary geographic regions; North America; Europe, the Middle East, and Africa (EMEA) and Asia-Pacific (APAC).
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