GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Virtual Ed Link Inc (OTCPK:VRED) » Definitions » Return-on-Tangible-Equity

VRED (Virtual Ed Link) Return-on-Tangible-Equity : 0.00% (As of . 20)


View and export this data going back to 2004. Start your Free Trial

What is Virtual Ed Link 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. Virtual Ed Link's annualized net income for the quarter that ended in . 20 was $ Mil. Virtual Ed Link's average shareholder tangible equity for the quarter that ended in . 20 was $ Mil. Therefore, Virtual Ed Link's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

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

VRED's Return-on-Tangible-Equity is not ranked *
in the Education industry.
Industry Median: 9.93
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Virtual Ed Link Return-on-Tangible-Equity Historical Data

The historical data trend for Virtual Ed Link'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.

Virtual Ed Link Return-on-Tangible-Equity Chart

Virtual Ed Link Annual Data
Trend
Return-on-Tangible-Equity

Virtual Ed Link Quarterly Data
Return-on-Tangible-Equity

Competitive Comparison of Virtual Ed Link's Return-on-Tangible-Equity

For the Education & Training Services subindustry, Virtual Ed Link'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.


Virtual Ed Link's Return-on-Tangible-Equity Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Virtual Ed Link's Return-on-Tangible-Equity distribution charts can be found below:

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



Virtual Ed Link Return-on-Tangible-Equity Calculation

Virtual Ed Link'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 )
=/( (+ )/ )
=/
= %

Virtual Ed Link's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

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


Virtual Ed Link  (OTCPK:VRED) 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.


Virtual Ed Link Return-on-Tangible-Equity Related Terms

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


Virtual Ed Link Business Description

Traded in Other Exchanges
N/A
Address
919 North Market Street, Wilmington, DE, USA, 19801
Virtual Ed Link Inc is a consulting company in the educational industry. It offers online education services.

Virtual Ed Link Headlines

No Headlines