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SMSA Treemont Acquisition (SMSA Treemont Acquisition) Return-on-Tangible-Equity : -22.51% (As of Jun. 2012)


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What is SMSA Treemont Acquisition 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. SMSA Treemont Acquisition's annualized net income for the quarter that ended in Jun. 2012 was $-1.82 Mil. SMSA Treemont Acquisition's average shareholder tangible equity for the quarter that ended in Jun. 2012 was $8.07 Mil. Therefore, SMSA Treemont Acquisition's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2012 was -22.51%.

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

SAQU's Return-on-Tangible-Equity is not ranked *
in the Conglomerates industry.
Industry Median: 7.2
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

SMSA Treemont Acquisition Return-on-Tangible-Equity Historical Data

The historical data trend for SMSA Treemont Acquisition'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.

SMSA Treemont Acquisition Return-on-Tangible-Equity Chart

SMSA Treemont Acquisition Annual Data
Trend Dec09 Dec10 Dec11
Return-on-Tangible-Equity
- 221.23 105.97

SMSA Treemont Acquisition Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 91.38 91.84 70.88 30.68 -22.51

Competitive Comparison of SMSA Treemont Acquisition's Return-on-Tangible-Equity

For the Conglomerates subindustry, SMSA Treemont Acquisition'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.


SMSA Treemont Acquisition's Return-on-Tangible-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, SMSA Treemont Acquisition's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where SMSA Treemont Acquisition's Return-on-Tangible-Equity falls into.



SMSA Treemont Acquisition Return-on-Tangible-Equity Calculation

SMSA Treemont Acquisition's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2011 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=5.435/( (2.633+7.625 )/ 2 )
=5.435/5.129
=105.97 %

SMSA Treemont Acquisition's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2012 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2012 )  (Q: Mar. 2012 )(Q: Jun. 2012 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2012 )  (Q: Mar. 2012 )(Q: Jun. 2012 )
=-1.816/( (8.228+7.906)/ 2 )
=-1.816/8.067
=-22.51 %

* 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. 2012) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


SMSA Treemont Acquisition  (OTCPK:SAQU) 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.


SMSA Treemont Acquisition Return-on-Tangible-Equity Related Terms

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SMSA Treemont Acquisition (SMSA Treemont Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
Website
SMSA Treemont Acquisition Corp's current business plan is to seek to identify a privately-held operating company desiring to become a publicly held company by merging with us through a reverse merger or acquisition.
Executives
Timothy P Halter director, 10 percent owner, officer: CEO, Pres, CFO, Chairman, Secy 174 FM 1830, ARGYLE TX 76226
George L Diamond 10 percent owner 174 FM 1830, ARGYLE TX 76226
David F Brigante 10 percent owner 174FM 1830, ARGYLE TX 76226
Marat Rosenberg 10 percent owner 17 FM 1830, ARGYLE TX 76226
Halter Financial Investments Lp 10 percent owner 174 FM 1830, ARGYLE TX 76226
Halter Financial Investments Gp Llc 10 percent owner 174 FM 1830, ARGYLE TX 76226

SMSA Treemont Acquisition (SMSA Treemont Acquisition) Headlines

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