TWC Tech Holdings II (TWC Tech Holdings II) Return-on-Tangible-Equity : 0.00% (As of Sep. 2020)

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What is TWC Tech Holdings II 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. TWC Tech Holdings II's annualized net income for the quarter that ended in Sep. 2020 was $0.00 Mil. TWC Tech Holdings II's average shareholder tangible equity for the quarter that ended in Sep. 2020 was $290.42 Mil. Therefore, TWC Tech Holdings II's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2020 was 0.00%.

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

TWCTW's Return-on-Tangible-Equity is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 0.57
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

TWC Tech Holdings II Return-on-Tangible-Equity Historical Data

The historical data trend for TWC Tech Holdings II'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.

TWC Tech Holdings II Return-on-Tangible-Equity Chart

TWC Tech Holdings II Annual Data

Trend

Dec20

Return-on-Tangible-Equity

TWC Tech Holdings II Semi-Annual Data
	Jul20	Sep20	Dec20
Return-on-Tangible-Equity	-	-	-

Competitive Comparison of TWC Tech Holdings II's Return-on-Tangible-Equity

For the Shell Companies subindustry, TWC Tech Holdings II'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.

TWC Tech Holdings II's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, TWC Tech Holdings II's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where TWC Tech Holdings II's Return-on-Tangible-Equity falls into.

TWC Tech Holdings II Return-on-Tangible-Equity Calculation

TWC Tech Holdings II'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 )
	=		/	( (	+	)	/ )
	=		/
	=	%

TWC Tech Holdings II's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2020 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(Q: Sep. 2020 )		(Q: Jul. 2020 )		(Q: Sep. 2020 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets)	/ count )
		(Q: Sep. 2020 )		(Q: Jul. 2020 )		(Q: Sep. 2020 )
	=	0	/	( (0.024	+	580.81)	/ 2 )
	=	0	/	290.417
	=	0.00 %

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 one times the annual (Sep. 2020) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

TWC Tech Holdings II (NAS:TWCTW) 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.

TWC Tech Holdings II Return-on-Tangible-Equity Related Terms

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