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hhgregg (hhgregg) Return-on-Tangible-Equity : -37.21% (As of Mar. 2016)


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What is hhgregg 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. hhgregg's annualized net income for the quarter that ended in Mar. 2016 was $-55 Mil. hhgregg's average shareholder tangible equity for the quarter that ended in Mar. 2016 was $147 Mil. Therefore, hhgregg's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2016 was -37.21%.

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

HGGG's Return-on-Tangible-Equity is not ranked *
in the Retail - Cyclical industry.
Industry Median: 7.28
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

hhgregg Return-on-Tangible-Equity Historical Data

The historical data trend for hhgregg'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.

hhgregg Return-on-Tangible-Equity Chart

hhgregg Annual Data
Trend Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.07 7.18 0.07 -55.23 -37.21

hhgregg Semi-Annual Data
Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16
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 24.07 7.18 0.07 -55.23 -37.21

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

For the Specialty Retail subindustry, hhgregg'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.


hhgregg's Return-on-Tangible-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, hhgregg's Return-on-Tangible-Equity distribution charts can be found below:

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



hhgregg Return-on-Tangible-Equity Calculation

hhgregg's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2016 )  (A: Mar. 2015 )(A: Mar. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2016 )  (A: Mar. 2015 )(A: Mar. 2016 )
=-54.879/( (173.588+121.354 )/ 2 )
=-54.879/147.471
=-37.21 %

hhgregg's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2016 )  (Q: Mar. 2015 )(Q: Mar. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2016 )  (Q: Mar. 2015 )(Q: Mar. 2016 )
=-54.879/( (173.588+121.354)/ 2 )
=-54.879/147.471
=-37.21 %

* 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 (Mar. 2016) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


hhgregg  (OTCPK:HGGG) 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.


hhgregg Return-on-Tangible-Equity Related Terms

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


hhgregg (hhgregg) Business Description

Traded in Other Exchanges
N/A
Address
4151 East 96th Street, Indianapolis, IN, USA, 46240
hhgregg Inc is a part of the retail sector. It is a multi-regional retailer which provides an extensive selection of premium appliances, consumer electronics, home products and computers and tablets in its brick-and-mortar stores in the United States via hhgregg.com. The company's sales are categorized into four products; Appliances, which include refrigerators, cooking ranges, dishwashers; Consumer electronics such as 4K and OLED televisions and audio systems; Home Products which include furniture and mattresses and computer systems.
Executives
Aaron Trahan officer: Chief Merchandising Officer 4151 E 96TH STREET, INDIANAPOLIS IN 46240
Michael Andretti director 4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Thomas Joseph Schuetz officer: Chief Information Officer 4151 E 96TH STREET, INDIANAPOLIS IN 46240
Samuel J Johnson officer: Chief Retail Officer 4151 E 96TH STREET, INDIANAPOLIS IN 46240
Kenneth Kocher director GENESCO INC., 1415 MURFREESBORO ROAD, NASHVILLE TN 37217
Kevin Kovacs officer: Principal Accounting Officer HHGREGG INC., 4151 EAST 96TH STREET, INDIANAPOLIS IN 46420
William P Carmichael director 3308 N. MITTHOEFFER ROAD, INDIANAPOLIS IN 46235
Catherine A Langham director LANGHAM LOGISTICS, INC., 5335 WEST 74TH STREET, INDIANAPOLIS IN 46268
Keith M Zimmerman officer: Chief Merchandising Officer HHGREGG, INC., 4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Robert James Riesbeck officer: Chief Financial Officer 100 PIER 1 PLACE, FORT WORTH TX 76102
Troy H Risch officer: Chief Operating Officer 300 RADIOSHACK CIRCLE, MS CF3-203, FORT WORTH TX 76102
Andrew S Giesler officer: INTERIM CFO 4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Julie Clare Lyle officer: Chief Marketing Officer 4151 E. 96TH STREET, INDIANAPOLIS IN 46240
Greg Bettinelli director 4151 EAST 96TH STREET, INDIANAPOLIS IN 46240
Jeffery G Haines officer: Chief Merchandising Officer 4151 EAST 96TH STREET, INDIANAPOLIS IN 46240

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