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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. Tucows's annualized net income for the quarter that ended in Mar. 2025 was $-60.5 Mil. Tucows's average shareholder tangible equity for the quarter that ended in Mar. 2025 was $-256.3 Mil. Therefore, Tucows's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was N/A%.
The historical rank and industry rank for Tucows's Return-on-Tangible-Equity or its related term are showing as below:
The historical data trend for Tucows'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.
Tucows Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Return-on-Tangible-Equity | Get a 7-Day Free Trial |
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Negative Tangible Equity | Negative Tangible Equity | - | - | - |
Tucows Quarterly Data | ||||||||||||||||||||
Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | Mar25 | |
Return-on-Tangible-Equity | Get a 7-Day Free Trial |
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For the Software - Infrastructure subindustry, Tucows'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.
For the Software industry and Technology sector, Tucows's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Tucows's Return-on-Tangible-Equity falls into.
Tucows's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as
Return-on-Tangible-Equity | = | Net Income | / | ( (Total Tangible Equity | + | Total Tangible Equity) | / count ) |
(A: Dec. 2024 ) | (A: Dec. 2023 ) | (A: Dec. 2024 ) | |||||
= | Net Income | / | ( (Total Stockholders Equity - Intangible Assets | + | Total Stockholders Equity - Intangible Assets ) | / count ) | |
(A: Dec. 2024 ) | (A: Dec. 2023 ) | (A: Dec. 2024 ) | |||||
= | -109.86 | / | ( (-150.019 | + | -250.465 ) | / 2 ) | |
= | -109.86 | / | -200.242 | ||||
= | N/A % |
Tucows's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as
Return-on-Tangible-Equity | = | Net Income | / | ( (Total Tangible Equity | + | Total Tangible Equity) | / count ) |
(Q: Mar. 2025 ) | (Q: Dec. 2024 ) | (Q: Mar. 2025 ) | |||||
= | Net Income | / | ( (Total Stockholders Equity - Intangible Assets | + | Total Stockholders Equity - Intangible Assets) | / count ) | |
(Q: Mar. 2025 ) | (Q: Dec. 2024 ) | (Q: Mar. 2025 ) | |||||
= | -60.532 | / | ( (-250.465 | + | -262.219) | / 2 ) | |
= | -60.532 | / | -256.342 | ||||
= | 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 (Mar. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.
Tucows (NAS:TCX) 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.
Thank you for viewing the detailed overview of Tucows's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Elliot Noss | director, officer: Chief Executive Officer | |
Robin Chase | director | 96 MOWAT AVENUE, TORONTO A6 M6K3M1 |
Lee Matheson | director | 96 MOWAT AVE, TORONTO A6 M6K 3M1 |
Gigi Sohn | director | 96 MOWAT AVE, TORONTO A6 M6K 3M1 |
Blacksheep Fund Management Ltd | 10 percent owner | ROCK HOUSE, MAIN STREET, BLACKROCK, CO. DUBLIN L2 A94 YY39 |
Michael Alan Koenig | officer: Chief Operating Officer | 96 MOWAT AVE, TORONTO A6 M6K 3M1 |
Blacksheep Master Fund Ltd. | 10 percent owner | C/O MOURANT GOVERNANCE SERVICES, PO BOX 1348, 94 SOLARIS AVE., GRAND CAYMAN E9 KY1-1108 |
Herdwick Capital Ltd | 10 percent owner | C/O BLACKSHEEP FUND MANAGEMENT LIMITED, ROCK HOUSE, MAIN STREET, BLACKROCK, CO. DUBLIN L2 A94 YY39 |
Alexis Fortune | 10 percent owner | C/O BLACKSHEEP FUND MANAGEMENT LIMITED, ROCK HOUSE, MAIN STREET, BLACKROCK, CO. DUBLIN L2 A94 YY39 |
David John Woroch | officer: VP Sales & Customer Support | 96 MOWAT AVENUE, TORONTO A6 M6K 3M1 |
Marlene Carl | director | 96 MOWAT AVENUE, TORONTO A6 M6K3M1 |
Bret Fausett | officer: Chief Legal Officer & VP | 96 MOWAT AVENUE, TORONTO A6 M6K3M1 |
Jessica Sybil-lynne Johannson | officer: VP HR | 612-11 BRONTE ROAD, OAKVILLE A6 L6L0E1 |
Justin Reilly | officer: CPO | 96 MOWAT AVENUE, TORONTO A6 M6K3M1 |
Jill Szchumacher | officer: EVP Networks | 96 MOWAT AVENUE, TORONTO A6 M6K3M1 |
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