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Osiris (Osiris) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Mar. 2006)


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What is Osiris 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. Osiris's annualized net income for the quarter that ended in Mar. 2006 was $86.02 Mil. Osiris's average shareholder tangible equity for the quarter that ended in Mar. 2006 was $-47.60 Mil. Therefore, Osiris's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2006 was Negative Tangible Equity%.

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

OSRS's Return-on-Tangible-Equity is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 9.095
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Osiris Return-on-Tangible-Equity Historical Data

The historical data trend for Osiris'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.

Osiris Return-on-Tangible-Equity Chart

Osiris Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Jun05
Return-on-Tangible-Equity
-26.09 -83.24 -69.73 -88.35 -

Osiris Quarterly Data
Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06
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 -198.94 - Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

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

For the Farm & Heavy Construction Machinery subindustry, Osiris'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.


Osiris's Return-on-Tangible-Equity Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Osiris's Return-on-Tangible-Equity distribution charts can be found below:

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



Osiris Return-on-Tangible-Equity Calculation

Osiris's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2005 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2005 )  (A: Dec. 2003 )(A: Jun. 2005 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2005 )  (A: Dec. 2003 )(A: Jun. 2005 )
=-20.686/( (0.069+-72.43 )/ 2 )
=-20.686/-36.1805
=N/A %

Osiris's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2006 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2006 )  (Q: Dec. 2005 )(Q: Mar. 2006 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2006 )  (Q: Dec. 2005 )(Q: Mar. 2006 )
=86.024/( (-58.349+-36.845)/ 2 )
=86.024/-47.597
=Negative Tangible Equity %

* 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. 2006) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Osiris  (OTCPK:OSRS) 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.


Osiris Return-on-Tangible-Equity Related Terms

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


Osiris (Osiris) Business Description

Traded in Other Exchanges
N/A
Address
1818 North Farwell Avenue, Milwaukee, WI, USA, 53202
Osiris Corp manufactures and distributes Skid Steer and Mini Skid Steer loaders, attachments, mobile Screening Plants and six models of Mini Excavators and pneumatic and hydraulic systems and components for automation and motion control applications.
Executives
Ilan Danieli officer: Chief Operating Officer 14707 CALIFORNIA STREET, SUITE 5, OMAHA NE 68154
Michael W Woods director ONE MAIN ST, EVANSVILLE IN 47708

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