GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Truett-Hurst Inc (OTCPK:THST) » Definitions » Return-on-Tangible-Equity

Truett-Hurst (Truett-Hurst) Return-on-Tangible-Equity : -36.07% (As of Dec. 2018)


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

What is Truett-Hurst 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. Truett-Hurst's annualized net income for the quarter that ended in Dec. 2018 was $-3.93 Mil. Truett-Hurst's average shareholder tangible equity for the quarter that ended in Dec. 2018 was $10.89 Mil. Therefore, Truett-Hurst's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2018 was -36.07%.

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

THST's Return-on-Tangible-Equity is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 9.9
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Truett-Hurst Return-on-Tangible-Equity Historical Data

The historical data trend for Truett-Hurst'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.

Truett-Hurst Return-on-Tangible-Equity Chart

Truett-Hurst Annual Data
Trend Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18
Return-on-Tangible-Equity
Get a 7-Day Free Trial -6.85 -15.34 -2.64 -0.51 -6.29

Truett-Hurst Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 -16.86 -17.35 14.13 36.25 -36.07

Competitive Comparison of Truett-Hurst's Return-on-Tangible-Equity

For the Beverages - Wineries & Distilleries subindustry, Truett-Hurst'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.


Truett-Hurst's Return-on-Tangible-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Truett-Hurst's Return-on-Tangible-Equity distribution charts can be found below:

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



Truett-Hurst Return-on-Tangible-Equity Calculation

Truett-Hurst's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2018 )  (A: Jun. 2017 )(A: Jun. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2018 )  (A: Jun. 2017 )(A: Jun. 2018 )
=-0.648/( (10.397+10.194 )/ 2 )
=-0.648/10.2955
=-6.29 %

Truett-Hurst's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2018 )  (Q: Sep. 2018 )(Q: Dec. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2018 )  (Q: Sep. 2018 )(Q: Dec. 2018 )
=-3.928/( (11.347+10.43)/ 2 )
=-3.928/10.8885
=-36.07 %

* 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 (Dec. 2018) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Truett-Hurst  (OTCPK:THST) 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.


Truett-Hurst Return-on-Tangible-Equity Related Terms

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


Truett-Hurst (Truett-Hurst) Business Description

Traded in Other Exchanges
N/A
Address
PO Box 1532, Healdsburg, CA, USA, 95448
Truett-Hurst Inc operates in the wine industry. It produces and sells wines and other select beverage alcohol products made from wine. It operates two wine-tasting rooms and leases a winery where wine is produced from many varieties of grapes principally grown or purchased in Sonoma County's Dry Creek Valley and Russian River Valley appellations. through its direct-to-consumer division. Direct-to-consumer sales occur through its tasting rooms and wine clubs. The company owns its tasting room and winery in the Dry Creek Valley of Sonoma County, California.
Executives
Karen Weaver officer: Chief Financial Officer P.O. BOX 1532, 125 FOSS CREEK CIRCLE, HEALDSBURG CA 95448
Spencer B Grimes director
John D Fruth director 475 ECCLES AVE, S SAN FRANCISCO CA 94080
William R Hambrecht other: See Remarks C/O ADOBE SUSTEMS INC, 345 PARK AVENUE P O BOX 2704, SAN JOSE CA 95110-2704
Michael R Klein 10 percent owner 2001 K STREET, N.W., SUITE 206, WASHINGTON DC 20006