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Enable Ipc (Enable Ipc) Return-on-Tangible-Equity : 0.00% (As of Sep. 2008)


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What is Enable Ipc 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. Enable Ipc's annualized net income for the quarter that ended in Sep. 2008 was $-1.23 Mil. Enable Ipc's average shareholder tangible equity for the quarter that ended in Sep. 2008 was $-0.97 Mil. Therefore, Enable Ipc's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2008 was N/A%.

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

EIPC's Return-on-Tangible-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 7.52
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Enable Ipc Return-on-Tangible-Equity Historical Data

The historical data trend for Enable Ipc'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.

Enable Ipc Return-on-Tangible-Equity Chart

Enable Ipc Annual Data
Trend Mar05 Mar06 Mar07 Mar08
Return-on-Tangible-Equity
-126.67 - - -

Enable Ipc Quarterly Data
Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 - - - - -

Competitive Comparison of Enable Ipc's Return-on-Tangible-Equity

For the Electrical Equipment & Parts subindustry, Enable Ipc'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.


Enable Ipc's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Enable Ipc's Return-on-Tangible-Equity distribution charts can be found below:

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



Enable Ipc Return-on-Tangible-Equity Calculation

Enable Ipc's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2008 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2008 )  (A: Mar. 2007 )(A: Mar. 2008 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2008 )  (A: Mar. 2007 )(A: Mar. 2008 )
=-0.998/( (-1.205+-0.929 )/ 2 )
=-0.998/-1.067
=N/A %

Enable Ipc's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2008 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2008 )  (Q: Jun. 2008 )(Q: Sep. 2008 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2008 )  (Q: Jun. 2008 )(Q: Sep. 2008 )
=-1.228/( (-0.932+-1.014)/ 2 )
=-1.228/-0.973
=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 four times the quarterly (Sep. 2008) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Enable Ipc  (OTCPK:EIPC) 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.


Enable Ipc Return-on-Tangible-Equity Related Terms

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


Enable Ipc (Enable Ipc) Business Description

Traded in Other Exchanges
N/A
Address
26893 Bouquet Canyon Road, Suite C-110, Saugus, CA, USA, 91350
Enable Ipc Corp. is engaged in the development of new power technologies that combine thin films and nanotechnology. The company's products include potentiostat, galvanostat and impedance anaylzer systems.

Enable Ipc (Enable Ipc) Headlines

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