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Ascent Capital Group (Ascent Capital Group) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Jun. 2019)


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What is Ascent Capital Group 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. Ascent Capital Group's annualized net income for the quarter that ended in Jun. 2019 was $2,515.6 Mil. Ascent Capital Group's average shareholder tangible equity for the quarter that ended in Jun. 2019 was $-871.0 Mil. Therefore, Ascent Capital Group's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2019 was Negative Tangible Equity%.

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

ASCMA's Return-on-Tangible-Equity is not ranked *
in the Business Services industry.
Industry Median: 12.01
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Ascent Capital Group Return-on-Tangible-Equity Historical Data

The historical data trend for Ascent Capital Group'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.

Ascent Capital Group Return-on-Tangible-Equity Chart

Ascent Capital Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Return-on-Tangible-Equity
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Ascent Capital Group Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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Competitive Comparison of Ascent Capital Group's Return-on-Tangible-Equity

For the Security & Protection Services subindustry, Ascent Capital Group'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.


Ascent Capital Group's Return-on-Tangible-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ascent Capital Group's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Ascent Capital Group's Return-on-Tangible-Equity falls into.



Ascent Capital Group Return-on-Tangible-Equity Calculation

Ascent Capital Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=-698.044/( (-1729.899+-1760.892 )/ 2 )
=-698.044/-1745.3955
=N/A %

Ascent Capital Group's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2019 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2019 )  (Q: Mar. 2019 )(Q: Jun. 2019 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2019 )  (Q: Mar. 2019 )(Q: Jun. 2019 )
=2515.604/( (-1770.057+28.084)/ 2 )
=2515.604/-870.9865
=Negative Tangible Equity %

* 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 (Jun. 2019) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Ascent Capital Group  (OTCPK:ASCMA) 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.


Ascent Capital Group Return-on-Tangible-Equity Related Terms

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


Ascent Capital Group (Ascent Capital Group) Business Description

Traded in Other Exchanges
N/A
Address
5251 DTC Parkway, Suite 1000, Greenwood Village, CO, USA, 80111
Ascent Capital Group Inc is a provider of security systems and security monitoring services. The company operates two segments: monitronics and livewatch. Monitronics offers security alarm services, including monitoring signals arising from burglaries, fires, and medical alerts, and provides customer services and technical support. The company outsources the installation and most field services to its dealers and focuses on fees charged under alarm-monitoring contracts. Livewatch is a do-it-yourself home security provider that generates revenue through the sale of equipment and monitoring contracts. The company operates in the United States of America and Canada.
Executives
Thomas Patrick Mcmillin director C/O WIDEOPENWEST, INC., 7887 EAST BELLEVIEW AVENUE, SUITE 1000, ENGLEWOOD CO 80111
John C Malone 10 percent owner 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Jeffery R Gardner director, officer: Executive Vice President ONE ALLIED DRIVE, LITTLE ROCK AR 72202
William R Fitzgerald director, 10 percent owner, officer: Chairman 2431 EAST 61ST STREET STE 800, TULSA OK 74136
Charles Y Tanabe director 123 LIBERTY BLVD, ENGLEWOOD CO 80112
Brigade Capital Management, Lp 10 percent owner 399 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10022
Brigade Capital Management Gp, Llc 10 percent owner 399 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10022
Morgan Donald E Iii 10 percent owner C/O BRIGADE CAPITAL MANAGEMENT, LLC, 717 FIFTH AVENUE, SUITE 1301, NEW YORK NY 10022
Brigade Leveraged Capital Structures Fund Ltd. 10 percent owner ONE NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-9005
Ahmet H Okumus 10 percent owner C/O OKUMUS FUND MANAGEMENT LTD., 767 THIRD AVENUE, 35TH FLOOR, NEW YORK NY 10022
Okumus Fund Management Ltd. 10 percent owner 767 THIRD AVENUE, 35TH FLOOR, NEW YORK NY 10017
Okumus Opportunistic Value Fund Ltd. 10 percent owner CRAIGMUIR CHAMBERS, SUITE 71, ROAD TOWN, TORTOLA D8 VG 1110
Carl E Vogel director C/O SIRIUS XM RADIO INC., 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Brian Deevy director C/O TICKETMASTER, 8800 WEST SUNSET BLVD., WEST HOLLYWOOD CA 90069
Richard Walker officer: Executive Vice President C/O SERVICESOURCE INTERNATIONAL, INC., 717 17TH STREET, 5TH FLOOR, DENVER CO 80202

Ascent Capital Group (Ascent Capital Group) Headlines