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Remote Dynamics (Remote Dynamics) Return-on-Tangible-Equity : 0.00% (As of Sep. 2009)


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What is Remote Dynamics 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. Remote Dynamics's annualized net income for the quarter that ended in Sep. 2009 was $-2.64 Mil. Remote Dynamics's average shareholder tangible equity for the quarter that ended in Sep. 2009 was $-12.68 Mil. Therefore, Remote Dynamics's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2009 was N/A%.

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

RMTD's Return-on-Tangible-Equity is not ranked *
in the Hardware industry.
Industry Median: 5.355
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Remote Dynamics Return-on-Tangible-Equity Historical Data

The historical data trend for Remote Dynamics'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.

Remote Dynamics Return-on-Tangible-Equity Chart

Remote Dynamics Annual Data
Trend Dec99 Dec00 Dec01 Aug02 Aug03 Aug04 Aug05 Aug06 Dec07 Dec08
Return-on-Tangible-Equity
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Remote Dynamics Quarterly Data
Nov04 Feb05 May05 Aug05 Nov05 Feb06 May06 Aug06 Nov06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09
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Competitive Comparison of Remote Dynamics's Return-on-Tangible-Equity

For the Scientific & Technical Instruments subindustry, Remote Dynamics'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.


Remote Dynamics's Return-on-Tangible-Equity Distribution in the Hardware Industry

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

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



Remote Dynamics Return-on-Tangible-Equity Calculation

Remote Dynamics'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 )
=-2.683/( (-11.904+-13.016 )/ 2 )
=-2.683/-12.46
=N/A %

Remote Dynamics's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2009 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2009 )  (Q: Jun. 2009 )(Q: Sep. 2009 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2009 )  (Q: Jun. 2009 )(Q: Sep. 2009 )
=-2.636/( (-12.469+-12.895)/ 2 )
=-2.636/-12.682
=N/A %

* 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. 2009) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Remote Dynamics  (OTCPK:RMTD) 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.


Remote Dynamics Return-on-Tangible-Equity Related Terms

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Remote Dynamics (Remote Dynamics) Business Description

Traded in Other Exchanges
N/A
Address
200 Chisholm Place, Suite 120, Plano, TX, USA, 75075
Remote Dynamics Inc markets, sells and supports automatic vehicle location and mobile resource management solutions targeting companies that own and operate private vehicle fleets, construction equipment, unpowered assets and others.
Executives
Miller Lloyd I Iii other: Former 10% Owner
Alan B Howe director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081

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