GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » nFinanSe Inc (OTCPK:NFSE) » Definitions » Return-on-Tangible-Equity

nFinanSe (nFinanSe) Return-on-Tangible-Equity : -308.45% (As of Sep. 2011)


View and export this data going back to 2003. Start your Free Trial

What is nFinanSe 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. nFinanSe's annualized net income for the quarter that ended in Sep. 2011 was $-6.54 Mil. nFinanSe's average shareholder tangible equity for the quarter that ended in Sep. 2011 was $2.12 Mil. Therefore, nFinanSe's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2011 was -308.45%.

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

NFSE's Return-on-Tangible-Equity is not ranked *
in the Banks industry.
Industry Median: 10.78
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

nFinanSe Return-on-Tangible-Equity Historical Data

The historical data trend for nFinanSe'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.

nFinanSe Return-on-Tangible-Equity Chart

nFinanSe Annual Data
Trend Aug01 Aug02 Aug03 Sep04 Sep05 Sep06 Dec07 Dec08 Dec09 Dec10
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -287.01 -270.49 -255.50

nFinanSe Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 Premium Member Only Premium Member Only -448.07 -401.55 -316.10 -285.70 -308.45

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

For the Mortgage Finance subindustry, nFinanSe'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.


nFinanSe's Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, nFinanSe's Return-on-Tangible-Equity distribution charts can be found below:

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



nFinanSe Return-on-Tangible-Equity Calculation

nFinanSe'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 )
=-9.318/( (5.422+1.872 )/ 2 )
=-9.318/3.647
=-255.50 %

nFinanSe's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2011 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2011 )  (Q: Jun. 2011 )(Q: Sep. 2011 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2011 )  (Q: Jun. 2011 )(Q: Sep. 2011 )
=-6.536/( (2.235+2.003)/ 2 )
=-6.536/2.119
=-308.45 %

* 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 (Sep. 2011) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


nFinanSe  (OTCPK:NFSE) 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.


nFinanSe Return-on-Tangible-Equity Related Terms

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


nFinanSe (nFinanSe) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 89233, Tampa, FL, USA, 33619
nFinanSe Inc is a United States based provider of stored value cards for a variety of markets, including grocery stores, convenience stores and general merchandise stores.
Executives
Donald A Harris director C/O NFINANSE INC., 3923 COCONUT PALM DRIVE, SUITE 107, TAMPA FL 33619
Trellus Partners Lp 10 percent owner CHRISTINE STAMAS
Adam Usdan 10 percent owner C/O TRELLUS MANAGEMENT COMPANY, LLC, 350 MADISON AVENUE, 9TH FLOOR, NEW YORK NY 10017

nFinanSe (nFinanSe) Headlines

No Headlines