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Industrial Nanotech (Industrial Nanotech) Return-on-Tangible-Equity : 0.00% (As of . 20)


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What is Industrial Nanotech 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. Industrial Nanotech's annualized net income for the quarter that ended in . 20 was $ Mil. Industrial Nanotech's average shareholder tangible equity for the quarter that ended in . 20 was $ Mil. Therefore, Industrial Nanotech's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

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

INTK's Return-on-Tangible-Equity is not ranked *
in the Chemicals industry.
Industry Median: 5.855
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Industrial Nanotech Return-on-Tangible-Equity Historical Data

The historical data trend for Industrial Nanotech'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.

Industrial Nanotech Return-on-Tangible-Equity Chart

Industrial Nanotech Annual Data
Trend
Return-on-Tangible-Equity

Industrial Nanotech Quarterly Data
Return-on-Tangible-Equity

Competitive Comparison of Industrial Nanotech's Return-on-Tangible-Equity

For the Specialty Chemicals subindustry, Industrial Nanotech'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.


Industrial Nanotech's Return-on-Tangible-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Industrial Nanotech's Return-on-Tangible-Equity distribution charts can be found below:

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



Industrial Nanotech Return-on-Tangible-Equity Calculation

Industrial Nanotech's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

Industrial Nanotech's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

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


Industrial Nanotech  (OTCPK:INTK) 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.


Industrial Nanotech Return-on-Tangible-Equity Related Terms

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


Industrial Nanotech (Industrial Nanotech) Business Description

Traded in Other Exchanges
N/A
Address
1415 Panther Lane, Suite 397, Naples, FL, USA, 34109
Industrial Nanotech Inc. is a rising nanoscience solution and research leader. The Company develops and commercializes applications for sustainable manufacturing and buildings which are sold worldwide, including patented thermal insulation and asset protection coatings which provide energy savings, thermal insulation, corrosion resistance, prevention of CUI, moisture resistance, UV resistance, chemical resistance, and other protective benefits. The coatings are low VOC, water-based, and sustainable. The Company manufactures the products at a factory in Sumter, South Carolina, and sells the products directly through the Company's subsidiaries and through distributors in the .U.S and internationally.