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Green Cures & Botanical Distribution (Green Cures & Botanical Distribution) Return-on-Tangible-Equity : 0.00% (As of Sep. 2008)


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What is Green Cures & Botanical Distribution 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. Green Cures & Botanical Distribution's annualized net income for the quarter that ended in Sep. 2008 was $-9.05 Mil. Green Cures & Botanical Distribution's average shareholder tangible equity for the quarter that ended in Sep. 2008 was $-7.68 Mil. Therefore, Green Cures & Botanical Distribution's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2008 was N/A%.

The historical rank and industry rank for Green Cures & Botanical Distribution's Return-on-Tangible-Equity or its related term are showing as below:

GRCU's Return-on-Tangible-Equity is not ranked *
in the Drug Manufacturers industry.
Industry Median: 6.31
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Green Cures & Botanical Distribution Return-on-Tangible-Equity Historical Data

The historical data trend for Green Cures & Botanical Distribution'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.

Green Cures & Botanical Distribution Return-on-Tangible-Equity Chart

Green Cures & Botanical Distribution Annual Data
Trend Dec05 Dec06 Dec07
Return-on-Tangible-Equity
- -459.15 -1,999.20

Green Cures & Botanical Distribution Quarterly Data
Mar05 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 Premium Member Only -694.54 - - - -

Competitive Comparison of Green Cures & Botanical Distribution's Return-on-Tangible-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Green Cures & Botanical Distribution'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.


Green Cures & Botanical Distribution's Return-on-Tangible-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Green Cures & Botanical Distribution's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Green Cures & Botanical Distribution's Return-on-Tangible-Equity falls into.



Green Cures & Botanical Distribution Return-on-Tangible-Equity Calculation

Green Cures & Botanical Distribution'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 )
=-12.525/( (2.863+-1.61 )/ 2 )
=-12.525/0.6265
=-1,999.20 %

Green Cures & Botanical Distribution'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 )
=-9.052/( (-6.894+-8.469)/ 2 )
=-9.052/-7.6815
=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.


Green Cures & Botanical Distribution  (OTCPK:GRCU) 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.


Green Cures & Botanical Distribution Return-on-Tangible-Equity Related Terms

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Green Cures & Botanical Distribution (Green Cures & Botanical Distribution) Business Description

Traded in Other Exchanges
N/A
Address
7535 East Avenue, Suite 400, Denver, CO, USA, 93401
Green Cures & Botanical Distribution Inc is engaged in the healthcare sector. It retails and wholesales hemp infused nutritional, medicinal and body care products in the hemp and botanical industry, including nutritional supplements and sports wellness. Its brands include Original Hollywood Hemp, Green Foods, and Green Cures Spirits which are sold through its e-commerce sites, originalhollywoodhemp.com, and other third-party e-commerce sites.
Executives
Mathis Family Partners Ltd. other: See explanation 2560 W. MAIN STREET, SUITE 200, LITTLETON CO 80120
Kevin Pickard officer: Chief Financial Officer 28245 AVENUE CROCKER, SUITE 220, VALENCIA CA 91355

Green Cures & Botanical Distribution (Green Cures & Botanical Distribution) Headlines