GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Water Technologies International Inc (OTCPK:WTII) » Definitions » Return-on-Tangible-Equity

Water Technologies International (Water Technologies International) Return-on-Tangible-Equity : 0.00% (As of . 20)


View and export this data going back to 2009. Start your Free Trial

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

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

WTII's Return-on-Tangible-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 7.53
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Water Technologies International Return-on-Tangible-Equity Historical Data

The historical data trend for Water Technologies International'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.

Water Technologies International Return-on-Tangible-Equity Chart

Water Technologies International Annual Data
Trend
Return-on-Tangible-Equity

Water Technologies International Quarterly Data
Return-on-Tangible-Equity

Competitive Comparison of Water Technologies International's Return-on-Tangible-Equity

For the Pollution & Treatment Controls subindustry, Water Technologies International'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.


Water Technologies International's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Water Technologies International's Return-on-Tangible-Equity distribution charts can be found below:

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



Water Technologies International Return-on-Tangible-Equity Calculation

Water Technologies International'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 )
=/( (+ )/ )
=/
= %

Water Technologies International'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.


Water Technologies International  (OTCPK:WTII) 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.


Water Technologies International Return-on-Tangible-Equity Related Terms

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


Water Technologies International (Water Technologies International) Business Description

Traded in Other Exchanges
N/A
Address
1432-B Skees Road, West Palm Beach, FL, USA, 33411
Water Technologies International Inc and its wholly-owned subsidiaries are in the business of designing, manufacturing and distributing Atmospheric Water Generators (AWGs) and related water filtration products. It has several USPTO-issued patents and several international patents in China, India, South Africa, Mexico, Brazil, and South Korea. The company sells and distributes AWGs for the home and office, and for Commercial and Industrial use. The units produce drinking water, ranging from ten gallons, to several thousands of gallons per day by extracting water from the air. It also has a line of commercial wastewater and water filtration units for temporary and permanent solutions.

Water Technologies International (Water Technologies International) Headlines

From GuruFocus