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SED International Holdings (SED International Holdings) Return-on-Tangible-Equity : -259.79% (As of Jun. 2013)


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What is SED International Holdings 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. SED International Holdings's annualized net income for the quarter that ended in Jun. 2013 was $-31.4 Mil. SED International Holdings's average shareholder tangible equity for the quarter that ended in Jun. 2013 was $12.1 Mil. Therefore, SED International Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2013 was -259.79%.

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

SEDN's Return-on-Tangible-Equity is not ranked *
in the Hardware industry.
Industry Median: 5.37
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

SED International Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for SED International Holdings'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.

SED International Holdings Return-on-Tangible-Equity Chart

SED International Holdings Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.58 1.56 14.57 6.02 -97.46

SED International Holdings Quarterly Data
Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
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 -31.19 -36.05 -29.71 -90.43 -259.79

Competitive Comparison of SED International Holdings's Return-on-Tangible-Equity

For the Electronics & Computer Distribution subindustry, SED International Holdings'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.


SED International Holdings's Return-on-Tangible-Equity Distribution in the Hardware Industry

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

* The bar in red indicates where SED International Holdings's Return-on-Tangible-Equity falls into.



SED International Holdings Return-on-Tangible-Equity Calculation

SED International Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2013 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2013 )  (A: Jun. 2012 )(A: Jun. 2013 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2013 )  (A: Jun. 2012 )(A: Jun. 2013 )
=-15.743/( (24.413+7.895 )/ 2 )
=-15.743/16.154
=-97.46 %

SED International Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2013 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2013 )  (Q: Mar. 2013 )(Q: Jun. 2013 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2013 )  (Q: Mar. 2013 )(Q: Jun. 2013 )
=-31.368/( (16.254+7.895)/ 2 )
=-31.368/12.0745
=-259.79 %

* 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. 2013) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


SED International Holdings  (OTCPK:SEDN) 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.


SED International Holdings Return-on-Tangible-Equity Related Terms

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


SED International Holdings (SED International Holdings) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3505 Newpoint Place, Suite 450, Lawrenceville, GA, USA, 30043
SED International Holdings Inc is engaged in the wholesale distribution of information technology, technology products and solutions, and consumer electronic products in the United States, Colombia and other markets in Latin America. The company operates primarily in the IT and accessories industry distributes hardware, software, accessories and related services.
Executives
Hagan John Ronald Jr officer: Interim CEO 8100 SW 10TH STREET, SUITE 4000, PLANTATION FL 33324
Jack H Jacobs director 101 OAKS ROAD, MILLINGTON NJ 07946
Dennis L Chandler director 300 TOWER PARKWAY, LINCOLNSHIRE IL 60069
John D Abouchar director 27271 LAS RAMBLAS, STE. 200 MISSION VIEJO CA 92691
Arthur L Goldberg director C/O MILESTONE SCIENTIFIC INC., 220 SOUTH ORANGE AVENUE, LIVINGSTON NJ 07039
Hummingbird Value Fund Lp other: See Footnotes 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Management Llc other: See Footnotes 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Paul D Sonkin other: See Footnotes 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Microcap Value Fund Lp other: See Footnotes 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Hummingbird Capital Llc other: See Footnotes 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022
Tarsier Nanocap Value Fund, Lp other: See Footnotes C/O HUMMINGBIRD MANAGEMENT, LLC, 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022

SED International Holdings (SED International Holdings) Headlines

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