Triad Pro Innovators (Triad Pro Innovators) Return-on-Tangible-Equity : 0.00% (As of . 20)

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What is Triad Pro Innovators 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. Triad Pro Innovators's annualized net income for the quarter that ended in . 20 was $ Mil. Triad Pro Innovators's average shareholder tangible equity for the quarter that ended in . 20 was $ Mil. Therefore, Triad Pro Innovators's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

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

TPII's Return-on-Tangible-Equity is not ranked ^*
in the Utilities - Independent Power Producers industry.
Industry Median: 7.375
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Triad Pro Innovators Return-on-Tangible-Equity Historical Data

The historical data trend for Triad Pro Innovators'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.

Triad Pro Innovators Return-on-Tangible-Equity Chart

Triad Pro Innovators Annual Data

Trend

Return-on-Tangible-Equity

Triad Pro Innovators Quarterly Data

Return-on-Tangible-Equity

Competitive Comparison of Triad Pro Innovators's Return-on-Tangible-Equity

For the Utilities - Renewable subindustry, Triad Pro Innovators'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.

Triad Pro Innovators's Return-on-Tangible-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Triad Pro Innovators's Return-on-Tangible-Equity distribution charts can be found below:

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

Triad Pro Innovators Return-on-Tangible-Equity Calculation

Triad Pro Innovators's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( (	+	)	/ )
	=		/
	=	%

Triad Pro Innovators's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( (	+	)	/ )
	=		/
	=	%

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

Triad Pro Innovators (OTCPK:TPII) 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.

Triad Pro Innovators Return-on-Tangible-Equity Related Terms

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Triad Pro Innovators (Triad Pro Innovators) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Triad Pro Innovators Inc (OTCPK:TPII) » Definitions » Return-on-Tangible-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2103 Parkside Lane, Suite 105, Phoenix, AZ, USA, 85027

Website

https://www.triadproinc.com

Triad Pro Innovators Inc is a diversified renewable energy producer and storage provider. It owns two combined heat and power renewable energy facilities. In addition, it is also engaged in the business of purchase and sale of power generation equipment. The company operates, repair, and maintains power generation equipment for itself, as well as for other energy facility owners.