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Powersafe Technology (Powersafe Technology) Return-on-Tangible-Equity : -38.03% (As of Dec. 2008)


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What is Powersafe Technology 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. Powersafe Technology's annualized net income for the quarter that ended in Dec. 2008 was $-0.46 Mil. Powersafe Technology's average shareholder tangible equity for the quarter that ended in Dec. 2008 was $1.20 Mil. Therefore, Powersafe Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2008 was -38.03%.

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

PSFT's Return-on-Tangible-Equity is not ranked *
in the Semiconductors industry.
Industry Median: 5.24
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Powersafe Technology Return-on-Tangible-Equity Historical Data

The historical data trend for Powersafe Technology'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.

Powersafe Technology Return-on-Tangible-Equity Chart

Powersafe Technology Annual Data
Trend Dec07 Dec08
Return-on-Tangible-Equity
- -40.88

Powersafe Technology Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
Return-on-Tangible-Equity Get a 7-Day Free Trial - - -44.03 -13.25 -38.03

Competitive Comparison of Powersafe Technology's Return-on-Tangible-Equity

For the Semiconductors subindustry, Powersafe Technology'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.


Powersafe Technology's Return-on-Tangible-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Powersafe Technology's Return-on-Tangible-Equity distribution charts can be found below:

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



Powersafe Technology Return-on-Tangible-Equity Calculation

Powersafe Technology's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2008 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2008 )  (A: Dec. 2007 )(A: Dec. 2008 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2008 )  (A: Dec. 2007 )(A: Dec. 2008 )
=-0.233/( (-0.004+1.144 )/ 2 )
=-0.233/0.57
=-40.88 %

Powersafe Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2008 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2008 )  (Q: Sep. 2008 )(Q: Dec. 2008 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2008 )  (Q: Sep. 2008 )(Q: Dec. 2008 )
=-0.456/( (1.254+1.144)/ 2 )
=-0.456/1.199
=-38.03 %

* 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 (Dec. 2008) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Powersafe Technology  (OTCPK:PSFT) 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.


Powersafe Technology Return-on-Tangible-Equity Related Terms

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


Powersafe Technology (Powersafe Technology) Business Description

Traded in Other Exchanges
N/A
Address
3412 Progress Drive, Bensalem, PA, USA, 19020
Powersafe Technology Corp develops a new semiconductor detection technology for extremely high sensitivity electronic and photonic detection. The company uses an application such as Laser Range Finding (LRF), Night vision, Imaging systems and NIR cameras, Security systems, PET Scanners, Medical imaging, Fluorescence Detection, High energy physics, Hyper-spectral spectroscopy, Spectroscopy, and Biological Sensors. It offers services to industries such as medical diagnostics, drug development, scientific instrumentation, and homeland security.

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