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CybAero AB (OSTO:CBA BTA) Return-on-Tangible-Equity : -98.05% (As of Jun. 2017)


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What is CybAero AB 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. CybAero AB's annualized net income for the quarter that ended in Jun. 2017 was kr-70.21 Mil. CybAero AB's average shareholder tangible equity for the quarter that ended in Jun. 2017 was kr71.61 Mil. Therefore, CybAero AB's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2017 was -98.05%.

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

OSTO:CBA BTA' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -21563.93   Med: -147.38   Max: Negative Tangible Equity
Current: -134.27

During the past 9 years, CybAero AB's highest Return-on-Tangible-Equity was Negative Tangible Equity%. The lowest was -21,563.93%. And the median was -147.38%.

OSTO:CBA BTA's Return-on-Tangible-Equity is not ranked
in the Business Services industry.
Industry Median: 10.285 vs OSTO:CBA BTA: -134.27

CybAero AB Return-on-Tangible-Equity Historical Data

The historical data trend for CybAero AB'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.

CybAero AB Return-on-Tangible-Equity Chart

CybAero AB Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only - - -176.33 -118.43 -114.13

CybAero AB Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17
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 -146.66 -165.75 -196.64 -143.78 -98.05

Competitive Comparison of CybAero AB's Return-on-Tangible-Equity

For the Specialty Business Services subindustry, CybAero AB'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.


CybAero AB's Return-on-Tangible-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CybAero AB's Return-on-Tangible-Equity distribution charts can be found below:

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


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CybAero AB Return-on-Tangible-Equity Calculation

CybAero AB's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=-91.303/( (72.352+87.653 )/ 2 )
=-91.303/80.0025
=-114.13 %

CybAero AB's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2017 )  (Q: Dec. 2016 )(Q: Jun. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2017 )  (Q: Dec. 2016 )(Q: Jun. 2017 )
=-70.214/( (87.653+55.57)/ 2 )
=-70.214/71.6115
=-98.05 %

* 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 two times the semi-annual (Jun. 2017) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


CybAero AB  (OSTO:CBA BTA) 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.


CybAero AB Return-on-Tangible-Equity Related Terms

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CybAero AB Business Description

Traded in Other Exchanges
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Address
CybAero AB develops and manufactures autonomous unmanned helicopters and related sensor systems.

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