Masterbeat (Masterbeat) Return-on-Tangible-Equity : 0.00% (As of Sep. 2010)

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What is Masterbeat 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. Masterbeat's annualized net income for the quarter that ended in Sep. 2010 was $-2.05 Mil. Masterbeat's average shareholder tangible equity for the quarter that ended in Sep. 2010 was $-0.61 Mil. Therefore, Masterbeat's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2010 was N/A%.

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

MSTO's Return-on-Tangible-Equity is not ranked ^*
in the Real Estate industry.
Industry Median: 2.9
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Masterbeat Return-on-Tangible-Equity Historical Data

The historical data trend for Masterbeat'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.

Masterbeat Return-on-Tangible-Equity Chart

Masterbeat Annual Data

Trend

Dec07

Dec08

Dec09

Return-on-Tangible-Equity

Masterbeat Quarterly Data
	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
Return-on-Tangible-Equity	Get a 7-Day Free Trial								-	-	-	-	-

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

For the Real Estate Services subindustry, Masterbeat'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.

Masterbeat's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Masterbeat's Return-on-Tangible-Equity distribution charts can be found below:

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

Masterbeat Return-on-Tangible-Equity Calculation

Masterbeat's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2009 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(A: Dec. 2009 )		(A: Dec. 2008 )		(A: Dec. 2009 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets )	/ count )
		(A: Dec. 2009 )		(A: Dec. 2008 )		(A: Dec. 2009 )
	=	-1.298	/	( (-0.064	+	-0.081 )	/ 2 )
	=	-1.298	/	-0.0725
	=	N/A %

Masterbeat's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2010 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(Q: Sep. 2010 )		(Q: Jun. 2010 )		(Q: Sep. 2010 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets)	/ count )
		(Q: Sep. 2010 )		(Q: Jun. 2010 )		(Q: Sep. 2010 )
	=	-2.048	/	( (-0.656	+	-0.567)	/ 2 )
	=	-2.048	/	-0.6115
	=	N/A %

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. 2010) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

Masterbeat (OTCPK:MSTO) 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.

Masterbeat Return-on-Tangible-Equity Related Terms

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