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Atomera (Atomera) Return-on-Tangible-Equity : -105.47% (As of Mar. 2024)


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What is Atomera 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. Atomera's annualized net income for the quarter that ended in Mar. 2024 was $-19.29 Mil. Atomera's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $18.29 Mil. Therefore, Atomera's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was -105.47%.

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

ATOM' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -198.16   Med: -73.09   Max: -47.82
Current: -102.25

During the past 10 years, Atomera's highest Return-on-Tangible-Equity was -47.82%. The lowest was -198.16%. And the median was -73.09%.

ATOM's Return-on-Tangible-Equity is ranked worse than
96.24% of 958 companies
in the Semiconductors industry
Industry Median: 5.235 vs ATOM: -102.25

Atomera Return-on-Tangible-Equity Historical Data

The historical data trend for Atomera'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.

Atomera Return-on-Tangible-Equity Chart

Atomera Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -84.40 -58.21 -47.82 -71.63 -102.85

Atomera Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -108.97 -103.63 -94.40 -97.36 -105.47

Competitive Comparison of Atomera's Return-on-Tangible-Equity

For the Semiconductor Equipment & Materials subindustry, Atomera'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.


Atomera's Return-on-Tangible-Equity Distribution in the Semiconductors Industry

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

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



Atomera Return-on-Tangible-Equity Calculation

Atomera's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-19.79/( (20.314+18.17 )/ 2 )
=-19.79/19.242
=-102.85 %

Atomera's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-19.288/( (18.17+18.407)/ 2 )
=-19.288/18.2885
=-105.47 %

* 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 (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Atomera  (NAS:ATOM) 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.


Atomera Return-on-Tangible-Equity Related Terms

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


Atomera (Atomera) Business Description

Industry
Traded in Other Exchanges
N/A
Address
750 University Avenue, Suite 280, Los Gatos, CA, USA, 95032
Atomera Inc is engaged in the business of developing, commercializing, and licensing proprietary processes and technologies for the semiconductor industry. The mears silicon technology of the company can be used for applications like Analog, DRAM, FinFET technology, logic and processors, and SRAM.
Executives
Robert J Mears officer: Chief Technology Officer 750 UNIVERSITY AVENUE, SUITE 280, LOS GATOS CA 95032
Scott A. Bibaud director, officer: CEO and President 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Francis Laurencio officer: See Remarks 750 UNIVERSITY AVENUE, SUITE 280, LOS GATOS CA 95032
Jeffrey A Lewis officer: SVP, Marketing & Business Dev. C/O ATOMERA INCORPORATED, 750 UNIVERSITY AVENUE, SUITE 280, LOS GATOS CA 95032
Suja Ramnath director 321 CORAL CIRCLE, EL SEGUNDO CA 90245
Sudarsan Srinivasan officer: VP Engineering C/O ATOMERA INCORPORATED, 750 UNIVERSITY AVENUE, SUITE 280, LOS GATOS CA 95032
John Gerber director 750 UNIVERSITY AVENUE, SUITE 280, LOS GATOS CA 95032
Steven K Shevick director
Erwin Trautmann director, officer: See Remarks 750 UNIVERSITY AVENUE, SUITE 280, LOS GATOS CA 95032
C Rinn Cleavelin director 750 UNIVERSITY AVENUE, SUITE 280, LOS GATOS CA 95032
Le Duy Loan T director C/O NATIONAL INSTRUMENTS, 11500 MOPAC BLDG B, AUSTIN TX 78759
Rolf Stadheim director 750 UNIVERSITY AVENUE, SUITE 280, LOS GATOS CA 95032