GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » San Lotus Holding Inc (GREY:SLOT) » Definitions » Return-on-Tangible-Equity

San Lotus Holding (San Lotus Holding) Return-on-Tangible-Equity : -9.17% (As of Sep. 2017)


View and export this data going back to 2013. Start your Free Trial

What is San Lotus Holding 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. San Lotus Holding's annualized net income for the quarter that ended in Sep. 2017 was $-1.46 Mil. San Lotus Holding's average shareholder tangible equity for the quarter that ended in Sep. 2017 was $15.92 Mil. Therefore, San Lotus Holding's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2017 was -9.17%.

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

SLOT's Return-on-Tangible-Equity is not ranked *
in the Travel & Leisure industry.
Industry Median: 8.16
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

San Lotus Holding Return-on-Tangible-Equity Historical Data

The historical data trend for San Lotus Holding'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.

San Lotus Holding Return-on-Tangible-Equity Chart

San Lotus Holding Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Return-on-Tangible-Equity
Get a 7-Day Free Trial -70.84 -12.32 -5.08 -3.25 -6.58

San Lotus Holding Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 -0.98 -19.00 -126.67 -17.39 -9.17

Competitive Comparison of San Lotus Holding's Return-on-Tangible-Equity

For the Travel Services subindustry, San Lotus Holding'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.


San Lotus Holding's Return-on-Tangible-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, San Lotus Holding's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where San Lotus Holding's Return-on-Tangible-Equity falls into.



San Lotus Holding Return-on-Tangible-Equity Calculation

San Lotus Holding's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=-1.489/( (23.11+22.179 )/ 2 )
=-1.489/22.6445
=-6.58 %

San Lotus Holding's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2017 )  (Q: Jun. 2017 )(Q: Sep. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2017 )  (Q: Jun. 2017 )(Q: Sep. 2017 )
=-1.46/( (16.074+15.773)/ 2 )
=-1.46/15.9235
=-9.17 %

* 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. 2017) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


San Lotus Holding  (GREY:SLOT) 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.


San Lotus Holding Return-on-Tangible-Equity Related Terms

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


San Lotus Holding (San Lotus Holding) Business Description

Traded in Other Exchanges
N/A
Address
2387 S Hacienda Boulevard, Hacienda Heights, CA, USA, 91745
San Lotus Holding Inc is a development stage company.
Executives
Megan J Penick director C/O PENICK & ASSOCIATES LLC, 300 CARROLL CLOSE, TARRYTOWN NY 10591

San Lotus Holding (San Lotus Holding) Headlines

No Headlines