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VCOR (Visiber57) Return-on-Tangible-Equity : 0.00% (As of Feb. 2023)


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What is Visiber57 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. Visiber57's annualized net income for the quarter that ended in Feb. 2023 was $-0.07 Mil. Visiber57's average shareholder tangible equity for the quarter that ended in Feb. 2023 was $-0.37 Mil. Therefore, Visiber57's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2023 was N/A%.

The historical rank and industry rank for Visiber57's Return-on-Tangible-Equity or its related term are showing as below:

VCOR's Return-on-Tangible-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.59
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Visiber57 Return-on-Tangible-Equity Historical Data

The historical data trend for Visiber57'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.

Visiber57 Return-on-Tangible-Equity Chart

Visiber57 Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Return-on-Tangible-Equity
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Visiber57 Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
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Competitive Comparison of Visiber57's Return-on-Tangible-Equity

For the Shell Companies subindustry, Visiber57'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.


Visiber57's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Visiber57's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Visiber57's Return-on-Tangible-Equity falls into.


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Visiber57 Return-on-Tangible-Equity Calculation

Visiber57's annualized Return-on-Tangible-Equity for the fiscal year that ended in Aug. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Aug. 2022 )  (A: Aug. 2021 )(A: Aug. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Aug. 2022 )  (A: Aug. 2021 )(A: Aug. 2022 )
=-0.045/( (-0.305+-0.351 )/ 2 )
=-0.045/-0.328
=N/A %

Visiber57's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Feb. 2023 )  (Q: Nov. 2022 )(Q: Feb. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Feb. 2023 )  (Q: Nov. 2022 )(Q: Feb. 2023 )
=-0.072/( (-0.363+-0.381)/ 2 )
=-0.072/-0.372
=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 (Feb. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Visiber57  (OTCPK:VCOR) 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.


Visiber57 Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Visiber57's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Visiber57 Business Description

Traded in Other Exchanges
N/A
Address
Yanping North Road, No. 104-2F, Section 1, Datong District, Taipei, TWN, 10341
Visiber57 Corp is a shell company.
Executives
Chip Jin Eng officer: Chief Financial Officer UNIT B19, 9/F, EFFICIENCY HOUSE, 35 TAI YAU ST, SAN PO KONG, KOWLOON K3 00000
Choong Jeng Hew director, 10 percent owner, officer: CEO & President UNIT B19, 9/F, EFFICIENCY HOUSE, 35 TAI YAU ST, SAN PO KONG, KOWLOON K3 0000000
57 Society International Ltd 10 percent owner UNIT B19, 9/F EFFICIENCY HOUSE, 35 TAI YAU STREET, SAN PO KONG, KOWLOON K3 00000

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