GURUFOCUS.COM » STOCK LIST » Technology » Software » XY Labs Inc (OTCPK:XYLB) » Definitions » Return-on-Tangible-Equity

XYLB (XY Labs) Return-on-Tangible-Equity : 0.00% (As of . 20)


View and export this data going back to 2022. Start your Free Trial

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

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

XYLB's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 8.95
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

XY Labs Return-on-Tangible-Equity Historical Data

The historical data trend for XY Labs'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.

XY Labs Return-on-Tangible-Equity Chart

XY Labs Annual Data
Trend
Return-on-Tangible-Equity

XY Labs Semi-Annual Data
Return-on-Tangible-Equity

Competitive Comparison of XY Labs's Return-on-Tangible-Equity

For the Software - Application subindustry, XY Labs'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.


XY Labs's Return-on-Tangible-Equity Distribution in the Software Industry

For the Software industry and Technology sector, XY Labs's Return-on-Tangible-Equity distribution charts can be found below:

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


;
;

XY Labs Return-on-Tangible-Equity Calculation

XY Labs'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 )
=/( (+ )/ )
=/
= %

XY Labs'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 one times the annual (. 20) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


XY Labs  (OTCPK:XYLB) 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.


XY Labs Return-on-Tangible-Equity Related Terms

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


XY Labs Business Description

Industry
Traded in Other Exchanges
N/A
Address
1405 30th Street, Suite A, San Diego, CA, USA, 92154
XY Labs Inc develops, designs, and sells consumer products and applications, enterprise SaaS solutions, and blockchain and cryptographic technologies and services. Its products comprise XYO Network, a geospatial blockchain network backed with cryptography, and; a COIN application in which users can access COIN on iOS and Android devices to claim digital location tiles within COIN. For claimed tiles, users collect in-app coins, which can be redeemed for a variety of items such as physical products and other crypto assets.

XY Labs Headlines

No Headlines