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Sylios (Sylios) Return-on-Tangible-Equity : 0.00% (As of Dec. 2019)


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What is Sylios 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. Sylios's annualized net income for the quarter that ended in Dec. 2019 was $-0.91 Mil. Sylios's average shareholder tangible equity for the quarter that ended in Dec. 2019 was $-3.92 Mil. Therefore, Sylios's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2019 was N/A%.

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

UNGS's Return-on-Tangible-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 8.085
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Sylios Return-on-Tangible-Equity Historical Data

The historical data trend for Sylios'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.

Sylios Return-on-Tangible-Equity Chart

Sylios Annual Data
Trend Dec09 Dec10 Dec18 Dec19
Return-on-Tangible-Equity
-632.82 -22.53 - Negative Tangible Equity

Sylios Quarterly Data
Sep08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Jun18 Sep18 Dec18 Jun19 Sep19 Dec19
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 - - - - -

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

For the Oil & Gas E&P subindustry, Sylios'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.


Sylios's Return-on-Tangible-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Sylios's Return-on-Tangible-Equity distribution charts can be found below:

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



Sylios Return-on-Tangible-Equity Calculation

Sylios's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2019 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=5.805/( (-11.484+-3.998 )/ 2 )
=5.805/-7.741
=Negative Tangible Equity %

Sylios's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2019 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2019 )  (Q: Sep. 2019 )(Q: Dec. 2019 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2019 )  (Q: Sep. 2019 )(Q: Dec. 2019 )
=-0.908/( (-3.845+-3.998)/ 2 )
=-0.908/-3.9215
=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 (Dec. 2019) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Sylios  (GREY:UNGS) 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.


Sylios Return-on-Tangible-Equity Related Terms

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


Sylios (Sylios) Business Description

Industry
Traded in Other Exchanges
N/A
Address
501 1st Avenue North, Suite 901, Saint Petersburg, FL, USA, 33701
Sylios Corp through its subsidiaries is engaged in the exploration and development of oil and natural gas properties, purchase of royalty, and working interest units in producing properties (oil and natural gas) and alternative land development projects.
Executives
Jimmy Wayne Anderson director, 10 percent owner, officer: President, CFO 501 1ST AVENUE NORTH, SUITE 901, ST. PETERSBURG FL 33701

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