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Qlik Technologies (Qlik Technologies) Return-on-Tangible-Equity : -8.70% (As of Jun. 2016)


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What is Qlik Technologies 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. Qlik Technologies's annualized net income for the quarter that ended in Jun. 2016 was $-26.9 Mil. Qlik Technologies's average shareholder tangible equity for the quarter that ended in Jun. 2016 was $308.7 Mil. Therefore, Qlik Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2016 was -8.70%.

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

QLIK's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 7.88
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Qlik Technologies Return-on-Tangible-Equity Historical Data

The historical data trend for Qlik Technologies'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.

Qlik Technologies Return-on-Tangible-Equity Chart

Qlik Technologies Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Return-on-Tangible-Equity
Get a 7-Day Free Trial 5.28 1.92 -4.43 -10.12 -13.06

Qlik Technologies Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 -20.55 -24.28 31.60 -35.54 -8.70

Competitive Comparison of Qlik Technologies's Return-on-Tangible-Equity

For the Software - Infrastructure subindustry, Qlik Technologies'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.


Qlik Technologies's Return-on-Tangible-Equity Distribution in the Software Industry

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

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



Qlik Technologies Return-on-Tangible-Equity Calculation

Qlik Technologies's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=-36.491/( (248.595+310.113 )/ 2 )
=-36.491/279.354
=-13.06 %

Qlik Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2016 )  (Q: Mar. 2016 )(Q: Jun. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2016 )  (Q: Mar. 2016 )(Q: Jun. 2016 )
=-26.852/( (298.018+319.468)/ 2 )
=-26.852/308.743
=-8.70 %

* 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 (Jun. 2016) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Qlik Technologies  (NAS:QLIK) 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.


Qlik Technologies Return-on-Tangible-Equity Related Terms

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


Qlik Technologies (Qlik Technologies) Business Description

Traded in Other Exchanges
N/A
Address
Qlik Technologies Inc was founded in Sweden in 1993. It solves problems for organizations of all sizes, including the enterprises. The Company is a user-driven Business Intelligence solution that enables its customers to make robust and faster business decisions. The Qlikview Business Discovery platform, or QlikView, helps people create and share insights and analysis in groups and across organizations. Business users can explore data, ask and answer their own stream of questions and follow their own path to insight on their own and in teams and groups. The QlikView is powered by its in-memory engine which maintains associations in data and calculates aggregations as needed. The Company operates in one business segment, namely, the development, commercialization and implementation of software products and related services. It offers solution from middle market customers to large enterprises such as Autodesk, The Dannon Company, Inc., Heidelberger Druckmaschinen AG, Hertz, ING, Kraft Foods, L'Oreal, Lifetime Brands, Lockton Insurance, National Health Service (NHS), Panasonic, Qualcomm, Sony Europe, Symantec, U.S. Department of Veterans Affairs and Volvo Car UK Limited. Its products include: QlikView, QlikView Expressor and QlikView.Next. Its customers can renew, and generally have renewed, their maintenance agreements for a fee that is based upon a percentage of the initial license fee paid. Company market and sell its products and services through its direct sales force and an indirect sales channel comprised of partner network. The Company competes with large software corporations, including suppliers of enterprise resource planning software, that provide one or more capabilities competitive with its products, such as IBM, Microsoft, Oracle and SAP AG.
Executives
Timothy J Maccarrick officer: CFO C/O QLIK TECHNOLOGIES INC.,, 150 N. RADNOR CHESTER ROAD, RADNOR PA 19087
Deborah C Hopkins director 1007 MARKET ST, WILMINGTON DE 19898
Bruce Golden director 428 UNIVERSITY AVE, PALO ALTO CA 94301
Diane Adams officer: Chief People Officer 222 MERCHANDISE MART PLAZA, SUITE 2024, CHICAGO IL 60654
Steffan Tomlinson director PALO ALTO NETWORKS, INC., 3300 OLCOTT STREET, SANTA CLARA CA 95054
Gavin John J Jr director
John C Burris director 851 WEST CYPRESS CREEK ROAD, FORT LAUDERDALE FL 33309
Erel N Margalit director 41 MADISON AVENUE 25TH FLOOR, NEW YORK NY 10010
Jerusalem Partners Iv Lp 10 percent owner C/O JVP CONSULTING INC, 41 MADISON AVE 25TH FL, NEW YORK NY 10010
Jerusalem Venture Partners Iv A Lp 10 percent owner C/O JVP CONSULTING INC, 41 MADISON AVE 25TH FL, NEW YORK NY 10010
Jerusalem Venture Partners Iv Israel Lp 10 percent owner JERUSALEM TECHNOLOGY PARK, BUILDING 1, MALHA, JERUSALEM L3 91487
Jerusalem Partners Iv - Venture Capital Lp 10 percent owner JERUSALEM TECHNOLOGY PARK, BUILDING 1, MALHA, JERUSALEM L3 91487
Jerusalem Venture Partners Entrepreneurs Fund Iv Lp 10 percent owner C/O JVP CONSULTING INC, 41 MADISON AVE 25TH FL, NEW YORK NY 10010
Jvp Corp Iv 10 percent owner C/O ALEXANDRIA BANCORP LTD, P.O. BOX 2428 GT, GRAND CAYMAN E9 00000
Jerusalem Venture Partners Iv Lp 10 percent owner C/O JVP CONSULTING INC, 41 MADISON AVE 25TH FLOOR, NEW YORK NY 10010

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