GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » B/E Aerospace Inc (NAS:BEAV) » Definitions » Return-on-Tangible-Equity

B/E Aerospace (B/E Aerospace) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Dec. 2016)


View and export this data going back to 1990. Start your Free Trial

What is B/E Aerospace 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. B/E Aerospace's annualized net income for the quarter that ended in Dec. 2016 was $242 Mil. B/E Aerospace's average shareholder tangible equity for the quarter that ended in Dec. 2016 was $-819 Mil. Therefore, B/E Aerospace's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2016 was Negative Tangible Equity%.

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

BEAV's Return-on-Tangible-Equity is not ranked *
in the Aerospace & Defense industry.
Industry Median: 7.635
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

B/E Aerospace Return-on-Tangible-Equity Historical Data

The historical data trend for B/E Aerospace'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.

B/E Aerospace Return-on-Tangible-Equity Chart

B/E Aerospace Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 68.26 94.20 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

B/E Aerospace Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Competitive Comparison of B/E Aerospace's Return-on-Tangible-Equity

For the Aerospace & Defense subindustry, B/E Aerospace'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.


B/E Aerospace's Return-on-Tangible-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, B/E Aerospace's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where B/E Aerospace's Return-on-Tangible-Equity falls into.



B/E Aerospace Return-on-Tangible-Equity Calculation

B/E Aerospace's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=311.1/( (-989+-795.2 )/ 2 )
=311.1/-892.1
=Negative Tangible Equity %

B/E Aerospace's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2016 )  (Q: Sep. 2016 )(Q: Dec. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2016 )  (Q: Sep. 2016 )(Q: Dec. 2016 )
=241.6/( (-843.4+-795.2)/ 2 )
=241.6/-819.3
=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 (Dec. 2016) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


B/E Aerospace  (NAS:BEAV) 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.


B/E Aerospace Return-on-Tangible-Equity Related Terms

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


B/E Aerospace (B/E Aerospace) Business Description

Traded in Other Exchanges
N/A
Address
B/E Aerospace Inc is a Delaware corporation incorporated in 1987. The Company manufactures aircraft cabin interior products. It designs, develops and manufactures products for both commercial aircrafts and business jets. It offers products including aircraft cabin seating, lighting systems, oxygen systems, food and beverage preparation and storage equipment, galley systems, and modular lavatory systems. It also provides cabin interior reconfiguration, program management and certification services. In addition, it also designs, engineers and manufactures customized and fully integrated thermal and power management solutions. The Company sells and supports its products through its direct sales and product support organization. The Company's operations are subject to changing federal, state and foreign laws and regulations establishing health and environmental quality standards, including those governing discharges of pollutants into the air and water and the management and disposal of hazardous substances and wastes.
Executives
James F Albaugh director C/O THE BOEING COMPANY, 100 NORTH RIVERSIDE PLAZA, CHICAGO IL 60606
David J Anderson director C/O HONEYWELL INTERNATIONAL INC, 101 COLUMBIA ROAD, MORRISTOWN NJ 09762
Mary M Vandeweghe director 1601 W. DIEHL ROAD, NAPERVILLE IL 60563
Amin J Khoury director, officer: Executive Chairman 1300 CORPORATE CENTER WAY, WELLINGTON FL 33414
Joseph T Lower officer: VP and CFO 200 SW 1ST AVE, SUITE 1600, FORT LAUDERDALE FL 33301
Richard Hamermesh director C/O BE AEROSPACE, INC., 1400 CORPORATE CENTER WAY, WELLINGTON FL 33414
John T Whates director 1400 CORPORATE CENTER WAY, WELLINGTON FL 33414
John A Cuomo officer: Vice President & GM 6348 WALKER LANE, ALEXANDRIA VA 22310
Thomas P Mccaffrey officer: Sr. VP & CFO 1300 CORPORATE CENTER WAY, WELLINGTON FL 33414
Charles L Chadwell director C/O BE AEROSPACE, INC., 1400 CORPORATE CENTER WAY, WELLINGTON FL 33414
Kyri Loupis other: VP/CFO Consumable Mgmt Grp C/O JULIEN YOO, GOLDMAN SACHS, 200 WEST STREET, NEW YORK NY 10282
David C Hurley director C/O BE AEROSPACE INC, 1400 CORPORATE CENTERWAY, WELLINGTON FL 33414
Brian H Rowe director 538 COMMONS DRIVE, GOLDEN CO 80401

B/E Aerospace (B/E Aerospace) Headlines

From GuruFocus

BE Aerospace Inc. Reports Operating Results (10-K)

By gurufocus 10qk 02-24-2011

BE Aerospace Inc. (BEAV) Chairman & CEO Amin J Khoury sells 116,504 Shares

By GuruFocus Research GuruFocus Editor 12-17-2009

BE Aerospace Inc. (BEAV) Chairman & CEO Amin J Khoury sells 94,626 Shares

By GuruFocus Research GuruFocus Editor 02-16-2011

BE Aerospace Inc. (BEAV) Sr. VP & CFO Thomas P Mccaffrey sells 53,580 Shares

By GuruFocus Research GuruFocus Editor 12-17-2009

BE Aerospace Inc. (BEAV) President and COO Michael B Baughan sells 46,632 Shares

By GuruFocus Research GuruFocus Editor 12-17-2010

BE Aerospace Inc. (BEAV) President and COO Michael B Baughan sells 98,634 Shares

By GuruFocus Research GuruFocus Editor 12-22-2010

BE Aerospace Inc. (BEAV) President & COO Michael B Baughan sells 41,564 Shares

By GuruFocus Research GuruFocus Editor 12-17-2009

BE Aerospace Inc. Reports Operating Results (10-Q)

By gurufocus 10qk 08-04-2010