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Neon Bloom (Neon Bloom) Return-on-Tangible-Equity : 0.00% (As of Mar. 2011)


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What is Neon Bloom 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. Neon Bloom's annualized net income for the quarter that ended in Mar. 2011 was $-0.31 Mil. Neon Bloom's average shareholder tangible equity for the quarter that ended in Mar. 2011 was $-3.08 Mil. Therefore, Neon Bloom's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2011 was N/A%.

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

NBCO's Return-on-Tangible-Equity is not ranked *
in the Biotechnology industry.
Industry Median: -46.42
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Neon Bloom Return-on-Tangible-Equity Historical Data

The historical data trend for Neon Bloom'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.

Neon Bloom Return-on-Tangible-Equity Chart

Neon Bloom Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10
Return-on-Tangible-Equity
- - Negative Tangible Equity - -

Neon Bloom Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11
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 - - - - -

Competitive Comparison of Neon Bloom's Return-on-Tangible-Equity

For the Biotechnology subindustry, Neon Bloom'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.


Neon Bloom's Return-on-Tangible-Equity Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Neon Bloom's Return-on-Tangible-Equity distribution charts can be found below:

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



Neon Bloom Return-on-Tangible-Equity Calculation

Neon Bloom's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2010 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2010 )  (A: Dec. 2009 )(A: Dec. 2010 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2010 )  (A: Dec. 2009 )(A: Dec. 2010 )
=-1.631/( (-1.737+-3.338 )/ 2 )
=-1.631/-2.5375
=N/A %

Neon Bloom's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2011 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2011 )  (Q: Dec. 2010 )(Q: Mar. 2011 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2011 )  (Q: Dec. 2010 )(Q: Mar. 2011 )
=-0.308/( (-3.338+-2.825)/ 2 )
=-0.308/-3.0815
=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 (Mar. 2011) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Neon Bloom  (OTCPK:NBCO) 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.


Neon Bloom Return-on-Tangible-Equity Related Terms

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Neon Bloom (Neon Bloom) Business Description

Traded in Other Exchanges
N/A
Address
8860 Columbia 100 Parkway, Suite 216, Columbia, MD, USA, 21045
Neon Bloom Inc is a holding company. It is a science-based firm that uses plant science proprietary products and technology to promote wellness and remedies in the hemp and medical cannabis industry.
Executives
Neev Nissenson director, officer: VP, Secretary Director 42 CARRY WAY, CARSON CITY NV 89521

Neon Bloom (Neon Bloom) Headlines

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