GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » R-Three Technologies Inc (OTCPK:RRRT) » Definitions » Return-on-Tangible-Equity

R-Three Technologies (R-Three Technologies) Return-on-Tangible-Equity : 0.00% (As of Oct. 2016)


View and export this data going back to 2011. Start your Free Trial

What is R-Three 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. R-Three Technologies's annualized net income for the quarter that ended in Oct. 2016 was $-0.52 Mil. R-Three Technologies's average shareholder tangible equity for the quarter that ended in Oct. 2016 was $-0.06 Mil. Therefore, R-Three Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2016 was N/A%.

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

RRRT's Return-on-Tangible-Equity is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 7.72
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

R-Three Technologies Return-on-Tangible-Equity Historical Data

The historical data trend for R-Three 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.

R-Three Technologies Return-on-Tangible-Equity Chart

R-Three Technologies Annual Data
Trend Apr11 Apr12 Apr13 Apr15
Return-on-Tangible-Equity
- - - -

R-Three Technologies Quarterly Data
Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16
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 - - Negative Tangible Equity Negative Tangible Equity -

Competitive Comparison of R-Three Technologies's Return-on-Tangible-Equity

For the Packaged Foods subindustry, R-Three 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.


R-Three Technologies's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, R-Three Technologies's Return-on-Tangible-Equity distribution charts can be found below:

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



R-Three Technologies Return-on-Tangible-Equity Calculation

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

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Apr. 2015 )  (A: Apr. 2013 )(A: Apr. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Apr. 2015 )  (A: Apr. 2013 )(A: Apr. 2015 )
=-0.042/( (-0.093+-0.123 )/ 2 )
=-0.042/-0.108
=N/A %

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

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Oct. 2016 )  (Q: Jul. 2016 )(Q: Oct. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Oct. 2016 )  (Q: Jul. 2016 )(Q: Oct. 2016 )
=-0.52/( (0.007+-0.123)/ 2 )
=-0.52/-0.058
=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 (Oct. 2016) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


R-Three Technologies  (OTCPK:RRRT) 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.


R-Three Technologies Return-on-Tangible-Equity Related Terms

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


R-Three Technologies (R-Three Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1270 Ave of the Americas, 7th Floor-1053, New York, NY, USA, 10020
R-Three Technologies Inc is an early-stage development company with a success-driven Board which is focused on carefully pursuing several ventures it believes show promise.

R-Three Technologies (R-Three Technologies) Headlines