United Energy (United Energy) Return-on-Tangible-Equity : 0.00% (As of Dec. 2010)

United Energy Return-on-Tangible-Equity Chart

United Energy Annual Data
	Trend	Mar00	Mar01	Mar02	Mar03	Mar04	Mar05	Mar06	Mar07	Mar08	Mar09
Return-on-Tangible-Equity		Get a 7-Day Free Trial					-1,181.53	-470.46	-59.79	-107.88	-253.65

United Energy Quarterly Data
	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10
Return-on-Tangible-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of United Energy's Return-on-Tangible-Equity

For the Oil & Gas E&P subindustry, United Energy'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.

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

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

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

United Energy Return-on-Tangible-Equity Calculation

United Energy's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2009 is calculated as

United Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2010 is calculated as

* 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. 2010) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

United Energy  (OTCPK:UNRG) 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.

United Energy Return-on-Tangible-Equity Related Terms

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

United Energy (United Energy) Business Description