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Wanderport (Wanderport) Return-on-Tangible-Equity : 0.00% (As of Feb. 2003)


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What is Wanderport 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. Wanderport's annualized net income for the quarter that ended in Feb. 2003 was $-4.69 Mil. Wanderport's average shareholder tangible equity for the quarter that ended in Feb. 2003 was $-1.75 Mil. Therefore, Wanderport's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2003 was N/A%.

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

WDRP's Return-on-Tangible-Equity is not ranked *
in the Retail - Defensive industry.
Industry Median: 12.18
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Wanderport Return-on-Tangible-Equity Historical Data

The historical data trend for Wanderport'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.

Wanderport Return-on-Tangible-Equity Chart

Wanderport Annual Data
Trend Aug95 Aug96 Aug97 Aug98 Aug99 Aug00 Aug01
Return-on-Tangible-Equity
Get a 7-Day Free Trial -1.27 3.16 7.52 -42.05 -66.81

Wanderport Quarterly Data
Aug95 Aug96 Aug97 Aug98 Aug99 Nov99 Feb00 May00 Aug00 Nov00 Feb01 May01 Aug01 Nov01 Feb02 May02 Aug02 Nov02 Feb03
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 Premium Member Only -122.86 -184.66 -1,080.86 - -

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

For the Food Distribution subindustry, Wanderport'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.


Wanderport's Return-on-Tangible-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Wanderport's Return-on-Tangible-Equity distribution charts can be found below:

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



Wanderport Return-on-Tangible-Equity Calculation

Wanderport's annualized Return-on-Tangible-Equity for the fiscal year that ended in Aug. 2001 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Aug. 2001 )  (A: Aug. 2000 )(A: Aug. 2001 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Aug. 2001 )  (A: Aug. 2000 )(A: Aug. 2001 )
=-5.704/( (11.39+5.686 )/ 2 )
=-5.704/8.538
=-66.81 %

Wanderport's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2003 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Feb. 2003 )  (Q: Nov. 2002 )(Q: Feb. 2003 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Feb. 2003 )  (Q: Nov. 2002 )(Q: Feb. 2003 )
=-4.688/( (-1.18+-2.314)/ 2 )
=-4.688/-1.747
=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. 2003) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Wanderport  (OTCPK:WDRP) 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.


Wanderport Return-on-Tangible-Equity Related Terms

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


Wanderport (Wanderport) Business Description

Traded in Other Exchanges
N/A
Address
2425 Olympic Boulevard, Suite 4000W, Santa Monica, CA, USA, 90401
Wanderport Corp is a distributor of food, beverages, and consumer products with a focus in the area of industrial hemp. It owns Sapa Coffee for its line of hemp coffee blends through which it sells its hemp, hemp CBD coffees and teas directly to wholesalers and retailers as well as through online market places. The company sells various CBD-based products including beauty and personal care, beverages, supplements, topical, and pet.