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Starstream Entertainment (Starstream Entertainment) Return-on-Tangible-Equity : -264.53% (As of Jun. 2014)


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What is Starstream Entertainment 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. Starstream Entertainment's annualized net income for the quarter that ended in Jun. 2014 was $-2.32 Mil. Starstream Entertainment's average shareholder tangible equity for the quarter that ended in Jun. 2014 was $0.88 Mil. Therefore, Starstream Entertainment's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2014 was -264.53%.

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

SSET's Return-on-Tangible-Equity is not ranked *
in the Business Services industry.
Industry Median: 12.07
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Starstream Entertainment Return-on-Tangible-Equity Historical Data

The historical data trend for Starstream Entertainment'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.

Starstream Entertainment Return-on-Tangible-Equity Chart

Starstream Entertainment Annual Data
Trend Dec12 Dec13
Return-on-Tangible-Equity
-0.47 -177.81

Starstream Entertainment Quarterly Data
Aug10 Mar12 Jun12 Dec12 Mar13 Jun13 Dec13 Mar14 Jun14
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only - - - -235.25 -264.53

Competitive Comparison of Starstream Entertainment's Return-on-Tangible-Equity

For the Staffing & Employment Services subindustry, Starstream Entertainment'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.


Starstream Entertainment's Return-on-Tangible-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Starstream Entertainment's Return-on-Tangible-Equity distribution charts can be found below:

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



Starstream Entertainment Return-on-Tangible-Equity Calculation

Starstream Entertainment's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2013 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2013 )  (A: Dec. 2012 )(A: Dec. 2013 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2013 )  (A: Dec. 2012 )(A: Dec. 2013 )
=-2.139/( (0.426+1.98 )/ 2 )
=-2.139/1.203
=-177.81 %

Starstream Entertainment's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2014 )  (Q: Mar. 2014 )(Q: Jun. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2014 )  (Q: Mar. 2014 )(Q: Jun. 2014 )
=-2.316/( (1.152+0.599)/ 2 )
=-2.316/0.8755
=-264.53 %

* 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. 2014) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Starstream Entertainment  (OTCPK:SSET) 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.


Starstream Entertainment Return-on-Tangible-Equity Related Terms

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


Starstream Entertainment (Starstream Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
1917 Bayview Drive, New Smyrna Beach, FL, USA, 32168
Starstream Entertainment Inc is a service provider in the on-demand event staffing industry. The company's business objective is to focus on event staffing and brand building for high-profile clients. It provides temporary staff solutions to the consumer goods industry.

Starstream Entertainment (Starstream Entertainment) Headlines

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