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International Luxury Products (International Luxury Products) Return-on-Tangible-Equity : 0.00% (As of Dec. 2004)


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What is International Luxury Products 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. International Luxury Products's annualized net income for the quarter that ended in Dec. 2004 was $0.00 Mil. International Luxury Products's average shareholder tangible equity for the quarter that ended in Dec. 2004 was $-0.00 Mil. Therefore, International Luxury Products's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2004 was N/A%.

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

ILXP's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 7.88
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

International Luxury Products Return-on-Tangible-Equity Historical Data

The historical data trend for International Luxury Products'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.

International Luxury Products Return-on-Tangible-Equity Chart

International Luxury Products Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04
Return-on-Tangible-Equity
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International Luxury Products Semi-Annual Data
Dec99 Dec00 Dec01 Dec02 Dec03 Dec04
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Competitive Comparison of International Luxury Products's Return-on-Tangible-Equity

For the Software - Application subindustry, International Luxury Products'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.


International Luxury Products's Return-on-Tangible-Equity Distribution in the Software Industry

For the Software industry and Technology sector, International Luxury Products's Return-on-Tangible-Equity distribution charts can be found below:

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



International Luxury Products Return-on-Tangible-Equity Calculation

International Luxury Products's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2004 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2004 )  (A: Dec. 2003 )(A: Dec. 2004 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2004 )  (A: Dec. 2003 )(A: Dec. 2004 )
=0/( (-0.001+-0.001 )/ 2 )
=0/-0.001
=N/A %

International Luxury Products's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2004 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2004 )  (Q: Dec. 2003 )(Q: Dec. 2004 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2004 )  (Q: Dec. 2003 )(Q: Dec. 2004 )
=0/( (-0.001+-0.001)/ 2 )
=0/-0.001
=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. 2004) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


International Luxury Products  (OTCPK:ILXP) 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.


International Luxury Products Return-on-Tangible-Equity Related Terms

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


International Luxury Products (International Luxury Products) Business Description

Traded in Other Exchanges
N/A
Address
1 Elm Drive West No. 610, Mississauga, ON, CAN, l5B 4M1
Website
International Luxury Products Inc is a shell company.

International Luxury Products (International Luxury Products) Headlines

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