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Southern Concepts Restaurant Group (Southern Concepts Restaurant Group) Return-on-Tangible-Equity : -535.00% (As of Sep. 2016)


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What is Southern Concepts Restaurant Group 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. Southern Concepts Restaurant Group's annualized net income for the quarter that ended in Sep. 2016 was $-3.00 Mil. Southern Concepts Restaurant Group's average shareholder tangible equity for the quarter that ended in Sep. 2016 was $0.56 Mil. Therefore, Southern Concepts Restaurant Group's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2016 was -535.00%.

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

RIBS's Return-on-Tangible-Equity is not ranked *
in the Restaurants industry.
Industry Median: 11.51
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Southern Concepts Restaurant Group Return-on-Tangible-Equity Historical Data

The historical data trend for Southern Concepts Restaurant Group'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.

Southern Concepts Restaurant Group Return-on-Tangible-Equity Chart

Southern Concepts Restaurant Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Return-on-Tangible-Equity
Get a 7-Day Free Trial - - -496.22 -251.20 -177.59

Southern Concepts Restaurant Group Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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 -280.51 -232.46 -208.07 -240.29 -535.00

Competitive Comparison of Southern Concepts Restaurant Group's Return-on-Tangible-Equity

For the Restaurants subindustry, Southern Concepts Restaurant Group'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.


Southern Concepts Restaurant Group's Return-on-Tangible-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Southern Concepts Restaurant Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Southern Concepts Restaurant Group's Return-on-Tangible-Equity falls into.



Southern Concepts Restaurant Group Return-on-Tangible-Equity Calculation

Southern Concepts Restaurant Group'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 )
=-3.399/( (2.034+1.794 )/ 2 )
=-3.399/1.914
=-177.59 %

Southern Concepts Restaurant Group's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2016 )  (Q: Jun. 2016 )(Q: Sep. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2016 )  (Q: Jun. 2016 )(Q: Sep. 2016 )
=-3.004/( (0.869+0.254)/ 2 )
=-3.004/0.5615
=-535.00 %

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


Southern Concepts Restaurant Group  (OTCPK:RIBS) 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.


Southern Concepts Restaurant Group Return-on-Tangible-Equity Related Terms

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Southern Concepts Restaurant Group (Southern Concepts Restaurant Group) Business Description

Traded in Other Exchanges
N/A
Address
3001 PGA Boulevard, Suite 305, Palm Beach Gardens, FL, USA, 33410
Southern Concepts Restaurant Group Inc is a Shell company.
Executives
Kenneth A Cutshaw director C/O CRAWFORD & COMPANY, 1001 SUMMIT BLVD, ATLANTA GA 30319

Southern Concepts Restaurant Group (Southern Concepts Restaurant Group) Headlines

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