VTMB (Vitamin Blue) Return-on-Tangible-Equity: 0.00% (As of Sep. 2013)


What is Vitamin Blue Return-on-Tangible-Equity?

Vitamin Blue VTMB -99.00% Return-on-Tangible-Equity is 0.00% as of Sep. 2013.

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. Vitamin Blue's annualized net income for the quarter that ended in Sep. 2013 was $-1.64 Mil. Vitamin Blue's average shareholder tangible equity for the quarter that ended in Sep. 2013 was $-0.93 Mil. Therefore, Vitamin Blue's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2013 was N/A%.

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

VTMB's Return-on-Tangible-Equity is not ranked *
in the Travel & Leisure industry.
Industry Median: 7.57
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Vitamin Blue  (OTCPK:VTMB) 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.


Vitamin Blue Return-on-Tangible-Equity Related Terms


Vitamin Blue Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Vitamin Blue'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.

Vitamin Blue Return-on-Tangible-Equity Chart

Vitamin Blue Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12
Return-on-Tangible-Equity
0.00 0.00 0.00 0.00 0.00

Vitamin Blue Quarterly Data
Dec08 Dec09 Mar10 Jun10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 0.00 Negative Tangible Equity 0.00 0.00 0.00

VTMB vs GBBT, BWMG, SCRH: Return-on-Tangible-Equity Comparison

For the Leisure subindustry, Vitamin Blue'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.


Vitamin Blue Return-on-Tangible-Equity vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Vitamin Blue's Return-on-Tangible-Equity distribution charts can be found below:

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



Vitamin Blue Return-on-Tangible-Equity Calculation

Vitamin Blue's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2012 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2012 )  (A: Dec. 2011 )(A: Dec. 2012 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2012 )  (A: Dec. 2011 )(A: Dec. 2012 )
=-0.107/( (-0.505+-0.489 )/ 2 )
=-0.107/-0.497
=N/A %

Vitamin Blue's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2013 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2013 )  (Q: Jun. 2013 )(Q: Sep. 2013 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2013 )  (Q: Jun. 2013 )(Q: Sep. 2013 )
=-1.64/( (-0.964+-0.89)/ 2 )
=-1.64/-0.927
=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 (Sep. 2013) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 0.00% mean?
Vitamin Blue (VTMB) has a Return-on-Tangible-Equity of 0.00% as of Sep. 2013. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Vitamin Blue and its competitors.
Is Vitamin Blue's Return-on-Tangible-Equity too high?
Vitamin Blue's current Return-on-Tangible-Equity is 0.00%.
How does Vitamin Blue's Return-on-Tangible-Equity compare to GBBT and BWMG?
Vitamin Blue's Return-on-Tangible-Equity of 0.00% can be compared against companies in the Travel & Leisure industry. The industry median Return-on-Tangible-Equity is 7.57. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Travel & Leisure company?
The median Return-on-Tangible-Equity among Travel & Leisure companies is 7.57, based on 796 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Vitamin Blue and its competitors. For the Travel & Leisure industry, the median Return-on-Tangible-Equity is 7.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vitamin Blue's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vitamin Blue stock overvalued right now?
Vitamin Blue (VTMB) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Vitamin Blue (VTMB), the current Return-on-Tangible-Equity is 0.00% as of Sep. 2013. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Vitamin Blue Business Description

Address 1005 West 18th Street, Costa Mesa, CA, USA, 92627
Vitamin Blue Inc is an innovative water boardsports company based in Costa Mesa, California. It designs, manufactures and distributes water boardsports wear (boardshorts and t-shirts) and accessories (board bags, paddle bags and rack pads). The company is focused on becoming a water boardsports brand of long-term excellence through its commitment to exceeding its customers' expectations by producing products of the highest quality and athletic performance. It is an authentic source for unique, functional and diverse water boardsports products.