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Solar Wind Energy Tower (Solar Wind Energy Tower) Return-on-Tangible-Equity : 0.00% (As of Sep. 2016)


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What is Solar Wind Energy Tower 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. Solar Wind Energy Tower's annualized net income for the quarter that ended in Sep. 2016 was $-0.90 Mil. Solar Wind Energy Tower's average shareholder tangible equity for the quarter that ended in Sep. 2016 was $-3.87 Mil. Therefore, Solar Wind Energy Tower's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2016 was N/A%.

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

SWET's Return-on-Tangible-Equity is not ranked *
in the Semiconductors industry.
Industry Median: 5.19
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Solar Wind Energy Tower Return-on-Tangible-Equity Historical Data

The historical data trend for Solar Wind Energy Tower'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.

Solar Wind Energy Tower Return-on-Tangible-Equity Chart

Solar Wind Energy Tower Annual Data
Trend Dec07 Dec08 Dec09 Dec11 Dec12 Dec13 Dec14 Dec15
Return-on-Tangible-Equity
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Solar Wind Energy Tower Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16
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Competitive Comparison of Solar Wind Energy Tower's Return-on-Tangible-Equity

For the Solar subindustry, Solar Wind Energy Tower'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.


Solar Wind Energy Tower's Return-on-Tangible-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Solar Wind Energy Tower's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Solar Wind Energy Tower's Return-on-Tangible-Equity falls into.



Solar Wind Energy Tower Return-on-Tangible-Equity Calculation

Solar Wind Energy Tower's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=-5.127/( (-3.382+-5.727 )/ 2 )
=-5.127/-4.5545
=N/A %

Solar Wind Energy Tower's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2016 )  (Q: Jun. 2016 )(Q: Sep. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2016 )  (Q: Jun. 2016 )(Q: Sep. 2016 )
=-0.904/( (-3.774+-3.969)/ 2 )
=-0.904/-3.8715
=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 (Sep. 2016) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Solar Wind Energy Tower  (GREY:SWET) 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.


Solar Wind Energy Tower Return-on-Tangible-Equity Related Terms

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Solar Wind Energy Tower (Solar Wind Energy Tower) Business Description

Traded in Other Exchanges
N/A
Address
1997 Annapolis Exchange Parkway, Suite 300, Annapolis, MD, USA, 21401
Solar Wind Energy Tower Inc along with its subsidiaries offers sustainable energy solutions. The company has designed Solar Wind Downdraft Tower which is used to generate electricity economically.

Solar Wind Energy Tower (Solar Wind Energy Tower) Headlines