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Cannabusiness Group (Cannabusiness Group) Return-on-Tangible-Equity : 0.00% (As of Dec. 2007)


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What is Cannabusiness 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. Cannabusiness Group's annualized net income for the quarter that ended in Dec. 2007 was $-1.02 Mil. Cannabusiness Group's average shareholder tangible equity for the quarter that ended in Dec. 2007 was $-2.46 Mil. Therefore, Cannabusiness Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2007 was N/A%.

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

CBGI's Return-on-Tangible-Equity is not ranked *
in the Real Estate industry.
Industry Median: 3.015
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Cannabusiness Group Return-on-Tangible-Equity Historical Data

The historical data trend for Cannabusiness 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.

Cannabusiness Group Return-on-Tangible-Equity Chart

Cannabusiness Group Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -84.66 -1.68 -9.28 - -

Cannabusiness Group Semi-Annual Data
Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -84.66 -1.68 -9.28 - -

Competitive Comparison of Cannabusiness Group's Return-on-Tangible-Equity

For the Real Estate Services subindustry, Cannabusiness 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.


Cannabusiness Group's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Cannabusiness Group's Return-on-Tangible-Equity distribution charts can be found below:

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



Cannabusiness Group Return-on-Tangible-Equity Calculation

Cannabusiness Group's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2007 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2007 )  (A: Dec. 2006 )(A: Dec. 2007 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2007 )  (A: Dec. 2006 )(A: Dec. 2007 )
=-1.02/( (-2.463+-2.449 )/ 2 )
=-1.02/-2.456
=N/A %

Cannabusiness Group's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2007 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2007 )  (Q: Dec. 2006 )(Q: Dec. 2007 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2007 )  (Q: Dec. 2006 )(Q: Dec. 2007 )
=-1.02/( (-2.463+-2.449)/ 2 )
=-1.02/-2.456
=N/A %

* 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 one times the annual (Dec. 2007) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Cannabusiness Group  (OTCPK:CBGI) 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.


Cannabusiness Group Return-on-Tangible-Equity Related Terms

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Cannabusiness Group (Cannabusiness Group) Business Description

Traded in Other Exchanges
N/A
Address
3133 Fortune Way, Suite 15, Wellington, FL, USA, 33414
Cannabusiness Group Inc is engaged in manufacturing sports nutrition. The company offers products including Napalm, Mre, Nuke and Thermofuse.

Cannabusiness Group (Cannabusiness Group) Headlines

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