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American Residential Properties (American Residential Properties) Return-on-Tangible-Equity : -9.20% (As of Sep. 2015)


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What is American Residential Properties 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. American Residential Properties's annualized net income for the quarter that ended in Sep. 2015 was $-48.4 Mil. American Residential Properties's average shareholder tangible equity for the quarter that ended in Sep. 2015 was $526.4 Mil. Therefore, American Residential Properties's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2015 was -9.20%.

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

ARPI's Return-on-Tangible-Equity is not ranked *
in the REITs industry.
Industry Median: 4.61
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

American Residential Properties Return-on-Tangible-Equity Historical Data

The historical data trend for American Residential Properties'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.

American Residential Properties Return-on-Tangible-Equity Chart

American Residential Properties Annual Data
Trend Dec12 Dec13 Dec14
Return-on-Tangible-Equity
- -5.37 -6.42

American Residential Properties Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 -6.38 -8.90 -7.90 -6.90 -9.20

Competitive Comparison of American Residential Properties's Return-on-Tangible-Equity

For the REIT - Residential subindustry, American Residential Properties'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.


American Residential Properties's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, American Residential Properties's Return-on-Tangible-Equity distribution charts can be found below:

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



American Residential Properties Return-on-Tangible-Equity Calculation

American Residential Properties's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=-36.979/( (593.91+557.287 )/ 2 )
=-36.979/575.5985
=-6.42 %

American Residential Properties's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2015 )  (Q: Jun. 2015 )(Q: Sep. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2015 )  (Q: Jun. 2015 )(Q: Sep. 2015 )
=-48.44/( (533.969+518.738)/ 2 )
=-48.44/526.3535
=-9.20 %

* 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 (Sep. 2015) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


American Residential Properties  (NYSE:ARPI) 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.


American Residential Properties Return-on-Tangible-Equity Related Terms

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


American Residential Properties (American Residential Properties) Business Description

Traded in Other Exchanges
N/A
Address
American Residential Properties Inc was incorporated in Maryland in March 2012. The Company acquires, restores, leases and manages single-family homes as rental properties. As of December 31, 2012, it owned 1,775 properties in Arizona, California, Florida, Georgia, Illinois, Nevada and Texas with an aggregate investment of $220.6 million, and managed an additional 606 properties for Phoenix Fund in Arizona and Nevada.
Executives
Keith R Guericke director C/O ESSEX PROPERTY TRUST, 1100 PARK PLACE, SUITE 200, SAN MATEO CA 94403
Todd Mansfield director 3102 WEST END AVENUE,, SUITE 400, NASHVILLE TN 37203
Douglas N Benham director
David M. Brain director 909 WALNUT, SUITE 200, KANSAS CITY MO 64106
Laurie A. Hawkes director, officer: President and COO 7047 EAST GREENWAY PARKWAY, SUITE 350, SCOTTSDALE AZ 85254

American Residential Properties (American Residential Properties) Headlines

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