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Trulite (Trulite) Return-on-Tangible-Equity : 0.00% (As of Mar. 2008)


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What is Trulite 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. Trulite's annualized net income for the quarter that ended in Mar. 2008 was $-3.72 Mil. Trulite's average shareholder tangible equity for the quarter that ended in Mar. 2008 was $-0.68 Mil. Therefore, Trulite's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2008 was N/A%.

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

TRUL's Return-on-Tangible-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 7.53
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Trulite Return-on-Tangible-Equity Historical Data

The historical data trend for Trulite'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.

Trulite Return-on-Tangible-Equity Chart

Trulite Annual Data
Trend Dec04 Dec05 Dec06 Dec07
Return-on-Tangible-Equity
-852.43 -418.23 - -

Trulite Quarterly Data
Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08
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 - - - - -

Competitive Comparison of Trulite's Return-on-Tangible-Equity

For the Electrical Equipment & Parts subindustry, Trulite'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.


Trulite's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Trulite's Return-on-Tangible-Equity distribution charts can be found below:

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



Trulite Return-on-Tangible-Equity Calculation

Trulite's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2007 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2007 )  (A: Dec. 2006 )(A: Dec. 2007 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2007 )  (A: Dec. 2006 )(A: Dec. 2007 )
=-4.725/( (-1.213+-0.263 )/ 2 )
=-4.725/-0.738
=N/A %

Trulite's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2008 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2008 )  (Q: Dec. 2007 )(Q: Mar. 2008 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2008 )  (Q: Dec. 2007 )(Q: Mar. 2008 )
=-3.716/( (-0.263+-1.087)/ 2 )
=-3.716/-0.675
=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. 2008) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Trulite  (OTCPK:TRUL) 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.


Trulite Return-on-Tangible-Equity Related Terms

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


Trulite (Trulite) Business Description

Traded in Other Exchanges
N/A
Address
151 Powell Road, Suite 111, Northeast Campus, Columbia, SC, USA, 29203
Trulite Inc operates in the electronic sector. The company is engaged in the development and selling of portable, semi-portable and stationery products, components and power generation systems that can generate clean renewable power for use in off-grid applications requiring power up to one kilowatt.
Executives
Richard K Hoesterey director 7852 LA COSA DRIVE, DALLAS TX 75248

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