SRKE (Strake) Return-on-Tangible-Equity: 0.00% (As of Apr. 2020)

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What is Strake Return-on-Tangible-Equity?

Strake SRKE Return-on-Tangible-Equity is 0.00% as of Apr. 2020.

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. Strake's annualized net income for the quarter that ended in Apr. 2020 was $-0.43 Mil. Strake's average shareholder tangible equity for the quarter that ended in Apr. 2020 was $-0.69 Mil. Therefore, Strake's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2020 was N/A%.

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

SRKE's Return-on-Tangible-Equity is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 7.78
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Strake  (OTCPK:SRKE) 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.


Strake Return-on-Tangible-Equity Related Terms


Strake Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Strake'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.

Strake Return-on-Tangible-Equity Chart

Strake Annual Data
Trend Sep15 Sep16 Sep17
Return-on-Tangible-Equity
-55.45 -227.20 -67,360.00

Strake Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Jan20 Apr20
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 0.00 0.00 0.00 0.00 0.00

SRKE vs IPDN, TRXD, WDLF: Return-on-Tangible-Equity Comparison

For the Packaged Foods subindustry, Strake'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.


Strake Return-on-Tangible-Equity vs Consumer Packaged Goods Industry

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

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



Strake Return-on-Tangible-Equity Calculation

Strake's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2017 )  (A: Sep. 2016 )(A: Sep. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2017 )  (A: Sep. 2016 )(A: Sep. 2017 )
=-5.052/( (0.015+5.5424415057459E-16 )/ 2 )
=-5.052/0.0075000000000003
=-67,360.00 %

Strake's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2020 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Apr. 2020 )  (Q: Jan. 2020 )(Q: Apr. 2020 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Apr. 2020 )  (Q: Jan. 2020 )(Q: Apr. 2020 )
=-0.428/( (-0.632+-0.74)/ 2 )
=-0.428/-0.686
=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 (Apr. 2020) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 0.00% mean?
Strake (SRKE) has a Return-on-Tangible-Equity of 0.00% as of Apr. 2020. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Strake and its competitors.
Is Strake's Return-on-Tangible-Equity too high?
Strake's current Return-on-Tangible-Equity is 0.00%.
How does Strake's Return-on-Tangible-Equity compare to IPDN and TRXD?
Strake's Return-on-Tangible-Equity of 0.00% can be compared against companies in the Consumer Packaged Goods industry. The industry median Return-on-Tangible-Equity is 7.78. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Consumer Packaged Goods company?
The median Return-on-Tangible-Equity among Consumer Packaged Goods companies is 7.78, based on 1,878 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Strake and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Equity is 7.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Strake's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Strake stock overvalued right now?
Strake (SRKE) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Strake (SRKE), the current Return-on-Tangible-Equity is 0.00% as of Apr. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Strake Business Description

Address 621 North West 53rd Street, Suite 125, Boca Raton, FL, USA, 33487
Strake Inc is building and operating an online marketplace, River24, for boats bringing owners and users together, enabling a proper use of resources through a uniform standardization. Through its online marketplace the company provides platform for yachting and boat rental services.