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Multi Solutions II (Multi Solutions II) Return-on-Tangible-Equity : 0.00% (As of Jan. 2024)


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What is Multi Solutions II 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. Multi Solutions II's annualized net income for the quarter that ended in Jan. 2024 was $-0.14 Mil. Multi Solutions II's average shareholder tangible equity for the quarter that ended in Jan. 2024 was $-1.14 Mil. Therefore, Multi Solutions II's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 was N/A%.

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

MUSS's Return-on-Tangible-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.7
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Multi Solutions II Return-on-Tangible-Equity Historical Data

The historical data trend for Multi Solutions II'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.

Multi Solutions II Return-on-Tangible-Equity Chart

Multi Solutions II Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Return-on-Tangible-Equity
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Multi Solutions II Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Multi Solutions II's Return-on-Tangible-Equity

For the Shell Companies subindustry, Multi Solutions II'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.


Multi Solutions II's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Multi Solutions II's Return-on-Tangible-Equity distribution charts can be found below:

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



Multi Solutions II Return-on-Tangible-Equity Calculation

Multi Solutions II's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jan. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=-0.118/( (-1.035+-1.154 )/ 2 )
=-0.118/-1.0945
=N/A %

Multi Solutions II's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=-0.14/( (-1.119+-1.154)/ 2 )
=-0.14/-1.1365
=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 (Jan. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Multi Solutions II  (OTCPK:MUSS) 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.


Multi Solutions II Return-on-Tangible-Equity Related Terms

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


Multi Solutions II (Multi Solutions II) Business Description

Traded in Other Exchanges
N/A
Address
4400 Biscayne Boulevard, 10th Floor, Miami, FL, USA, 33137
Website
Multi Solutions II Inc is a blank check company.
Executives
Vector Group Ltd 10 percent owner 4400 BISCAYNE BOULEVARD, 10TH FLOOR, MIAMI FL 33137
Robert L Frome director, 10 percent owner 3220 TILLMAN DRIVE SUITE 300, BENSALEM PA 19020
Kirkland J Bryant Iii director, officer: President and CEO 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Robert M Lundgren director C/O CDSI HOLDINGS INC, 100 SE SECOND ST 32ND FL, MIAMI FL 33131
Deborah A Fasanelli officer: Secretary, Treasurer and CFO 100 SE 2ND STREET, 32ND FLOOR, MIAMI FL 33131
Michael Potter 10 percent owner 500 FIFTH AVENUE, SUITE 2240, NEW YORK NY 10110

Multi Solutions II (Multi Solutions II) Headlines

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