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Transtech Industries (Transtech Industries) Return-on-Tangible-Equity : -4.69% (As of Dec. 2009)


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What is Transtech Industries 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. Transtech Industries's annualized net income for the quarter that ended in Dec. 2009 was $-0.11 Mil. Transtech Industries's average shareholder tangible equity for the quarter that ended in Dec. 2009 was $2.30 Mil. Therefore, Transtech Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2009 was -4.69%.

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

TRTI's Return-on-Tangible-Equity is not ranked *
in the Waste Management industry.
Industry Median: 9.98
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Transtech Industries Return-on-Tangible-Equity Historical Data

The historical data trend for Transtech Industries'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.

Transtech Industries Return-on-Tangible-Equity Chart

Transtech Industries Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.01 14.58 -18.46 -24.51 -24.42

Transtech Industries Quarterly Data
Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09
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 -22.22 -56.54 -14.75 -19.96 -4.69

Competitive Comparison of Transtech Industries's Return-on-Tangible-Equity

For the Waste Management subindustry, Transtech Industries'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.


Transtech Industries's Return-on-Tangible-Equity Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Transtech Industries's Return-on-Tangible-Equity distribution charts can be found below:

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



Transtech Industries Return-on-Tangible-Equity Calculation

Transtech Industries's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2009 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2009 )  (A: Dec. 2008 )(A: Dec. 2009 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2009 )  (A: Dec. 2008 )(A: Dec. 2009 )
=-0.697/( (3.475+2.233 )/ 2 )
=-0.697/2.854
=-24.42 %

Transtech Industries's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2009 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2009 )  (Q: Sep. 2009 )(Q: Dec. 2009 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2009 )  (Q: Sep. 2009 )(Q: Dec. 2009 )
=-0.108/( (2.37+2.233)/ 2 )
=-0.108/2.3015
=-4.69 %

* 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. 2009) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Transtech Industries  (OTCPK:TRTI) 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.


Transtech Industries Return-on-Tangible-Equity Related Terms

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Transtech Industries (Transtech Industries) Business Description

Traded in Other Exchanges
N/A
Address
2025 Delsea Drive, Sewell, NJ, USA, 08080
Transtech Industries Inc, through its subsidiaries, supervises and performs landfill monitoring, closure and post-closure procedures, manages methane gas recovery operations and generates electric power utilizing methane gas.

Transtech Industries (Transtech Industries) Headlines

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