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Talon International (Talon International) ROE % : -3.82% (As of Sep. 2017)


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What is Talon International ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Talon International's annualized net income for the quarter that ended in Sep. 2017 was $-0.31 Mil. Talon International's average Total Stockholders Equity over the quarter that ended in Sep. 2017 was $8.17 Mil. Therefore, Talon International's annualized ROE % for the quarter that ended in Sep. 2017 was -3.82%.

The historical rank and industry rank for Talon International's ROE % or its related term are showing as below:

TALN's ROE % is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 4.33
* Ranked among companies with meaningful ROE % only.

Talon International ROE % Historical Data

The historical data trend for Talon International's ROE % 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.

Talon International ROE % Chart

Talon International Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Equity Negative Equity 11.96 9.01 14.56

Talon International Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
ROE % 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 Premium Member Only 1.13 -1.77 0.32 30.77 -3.82

Competitive Comparison of Talon International's ROE %

For the Apparel Manufacturing subindustry, Talon International's ROE %, along with its competitors' market caps and ROE % 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.


Talon International's ROE % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Talon International's ROE % distribution charts can be found below:

* The bar in red indicates where Talon International's ROE % falls into.



Talon International ROE % Calculation

Talon International's annualized ROE % for the fiscal year that ended in Dec. 2016 is calculated as

ROE %=Net Income (A: Dec. 2016 )/( (Total Stockholders Equity (A: Dec. 2015 )+Total Stockholders Equity (A: Dec. 2016 ))/ count )
=0.995/( (6.21+7.462)/ 2 )
=0.995/6.836
=14.56 %

Talon International's annualized ROE % for the quarter that ended in Sep. 2017 is calculated as

ROE %=Net Income (Q: Sep. 2017 )/( (Total Stockholders Equity (Q: Jun. 2017 )+Total Stockholders Equity (Q: Sep. 2017 ))/ count )
=-0.312/( (8.184+8.165)/ 2 )
=-0.312/8.1745
=-3.82 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2017) net income data. ROE % is displayed in the 30-year financial page.


Talon International  (OTCPK:TALN) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Sep. 2017 )
=Net Income/Total Stockholders Equity
=-0.312/8.1745
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.312 / 39.156)*(39.156 / 21.425)*(21.425 / 8.1745)
=Net Margin %*Asset Turnover*Equity Multiplier
=-0.8 %*1.8276*2.621
=ROA %*Equity Multiplier
=-1.46 %*2.621
=-3.82 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2017 )
=Net Income/Total Stockholders Equity
=-0.312/8.1745
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.312 / -0.236) * (-0.236 / 0.396) * (0.396 / 39.156) * (39.156 / 21.425) * (21.425 / 8.1745)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.322 * -0.596 * 1.01 % * 1.8276 * 2.621
=-3.82 %

Note: The net income data used here is four times the quarterly (Sep. 2017) net income data. The Revenue data used here is four times the quarterly (Sep. 2017) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Talon International ROE % Related Terms

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Talon International (Talon International) Business Description

Traded in Other Exchanges
N/A
Address
21900 Burbank Boulevard, Suite 101, Woodland Hills, CA, USA, 91367
Talon International Inc and subsidiaries is an apparel company that specializes in the distribution of trim items to manufacturers of fashion apparel, specialty retailers and mass merchandisers. The company acts as a full-service outsourced trim management department for manufacturers, a specified supplier of trim items to owners of specific brands, brand licensees and retailers, a manufacturer and distributor of zippers under the Talon brand name and a distributor of stretch waistbands that utilize licensed patented technology under the Tekfit/Adjustec brand name.
Executives
Morris D Weiss director 1221 YELLOWSTONE, PO BOX 2120, OSBORN ID 83849
Mark Dyne director, 10 percent owner C/O BRILLIANT DIGITAL ENTERTAINMENT INC, 6355 TOPANGA CANYON BLVD, SUITE 520, WOODLAND HILLS CA 91367
Michael Falk other: See Remarks 830 THIRD AVENUE, 4TH FLOOR, NEW YORK NY 10017
Robert L Priddy other: See Remarks 9955 AIRTRAN BLVD., *, ORLANDO FL 32827
Michael F Snyder director VONAGE HOLDINGS CORP 23 MAIN STREET HOLMDEL NJ 07733
William Sweedler director C/O ICONIX BRAND GROUP, INC. 1450 BROADWAY, 4TH FLOOR NEW YORK NY 10018
Raymond Musci director C/O BRILLIANT DIGITAL ENTERTAINMENT INC, 6355 TOPANGA CANYON BOULEVARD SUITE 520, WOODLAND HILLS CA 91367
Sanders Morris Harris Inc/fa 10 percent owner 600 TRAVIS, SUITE 5900, HOUSTON TX 77002

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