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Worldwide Strategies (Worldwide Strategies) Return-on-Tangible-Equity : 0.00% (As of Apr. 2023)


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What is Worldwide Strategies 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. Worldwide Strategies's annualized net income for the quarter that ended in Apr. 2023 was $-0.38 Mil. Worldwide Strategies's average shareholder tangible equity for the quarter that ended in Apr. 2023 was $-1.07 Mil. Therefore, Worldwide Strategies's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2023 was N/A%.

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

WWSG's Return-on-Tangible-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.67
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Worldwide Strategies Return-on-Tangible-Equity Historical Data

The historical data trend for Worldwide Strategies'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.

Worldwide Strategies Return-on-Tangible-Equity Chart

Worldwide Strategies Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul20 Jul21 Jul22
Return-on-Tangible-Equity
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Worldwide Strategies Quarterly Data
Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
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Competitive Comparison of Worldwide Strategies's Return-on-Tangible-Equity

For the Shell Companies subindustry, Worldwide Strategies'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.


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

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

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



Worldwide Strategies Return-on-Tangible-Equity Calculation

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

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jul. 2022 )  (A: Jul. 2021 )(A: Jul. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jul. 2022 )  (A: Jul. 2021 )(A: Jul. 2022 )
=-0.079/( (-0.925+-1.004 )/ 2 )
=-0.079/-0.9645
=N/A %

Worldwide Strategies's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Apr. 2023 )  (Q: Jan. 2023 )(Q: Apr. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Apr. 2023 )  (Q: Jan. 2023 )(Q: Apr. 2023 )
=-0.384/( (-1.035+-1.113)/ 2 )
=-0.384/-1.074
=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 (Apr. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Worldwide Strategies  (OTCPK:WWSG) 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.


Worldwide Strategies Return-on-Tangible-Equity Related Terms

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


Worldwide Strategies (Worldwide Strategies) Business Description

Traded in Other Exchanges
N/A
Address
1961 NW 150 Avenue, Suite 205, Pembroke Pines, FL, USA, 33208
Worldwide Strategies Inc is a shell company.
Executives
Thomas Edward Mccabe officer: Chief Financial Officer 10108 S HUDSON AVE, TULSA OK 74137
Gregory L Kinney director 2107 GEDDES RD, ROCKFORD IL 61103
James Bradley Crelia 10 percent owner 8125 RIVIERA BEACH DR, LAS VEGAS NV 89128
Donald A Christensen director
James P Samuels director, 10 percent owner, officer: CEO 3801 E FLORIDA AVE, #400, DENVER CO 80210
Edward J Weisberg director 18 WHISPERING PINE ROAD, SUDBURY MA 01776
Frank J Deleo director 1517 TENNISON PARKWAY, COLLEYVILLE TX 76034
W. Earl Somerville director, officer: CFO 3801 E. FLORIDA AVE. SUITE 400, DENVER CO 80210
Robert T Kane director 3620 MAIN STREET, MUNHALL PA 15120

Worldwide Strategies (Worldwide Strategies) Headlines

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