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Interspeed (Interspeed) Return-on-Tangible-Equity : -458.95% (As of Sep. 2000)


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What is Interspeed 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. Interspeed's annualized net income for the quarter that ended in Sep. 2000 was $-47.44 Mil. Interspeed's average shareholder tangible equity for the quarter that ended in Sep. 2000 was $10.34 Mil. Therefore, Interspeed's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2000 was -458.95%.

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

ISPD's Return-on-Tangible-Equity is not ranked *
in the Hardware industry.
Industry Median: 5.375
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Interspeed Return-on-Tangible-Equity Historical Data

The historical data trend for Interspeed'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.

Interspeed Return-on-Tangible-Equity Chart

Interspeed Annual Data
Trend Sep98 Sep99 Sep00
Return-on-Tangible-Equity
- -117.32 -153.22

Interspeed Quarterly Data
Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only -214.17 -47.39 -81.02 -51.00 -458.95

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

For the Communication Equipment subindustry, Interspeed'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.


Interspeed's Return-on-Tangible-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Interspeed's Return-on-Tangible-Equity distribution charts can be found below:

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



Interspeed Return-on-Tangible-Equity Calculation

Interspeed's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2000 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2000 )  (A: Sep. 2099 )(A: Sep. 2000 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2000 )  (A: Sep. 2099 )(A: Sep. 2000 )
=-20.441/( (22.2+4.482 )/ 2 )
=-20.441/13.341
=-153.22 %

Interspeed's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2000 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2000 )  (Q: Jun. 2000 )(Q: Sep. 2000 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2000 )  (Q: Jun. 2000 )(Q: Sep. 2000 )
=-47.444/( (16.193+4.482)/ 2 )
=-47.444/10.3375
=-458.95 %

* 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. 2000) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Interspeed  (GREY:ISPD) 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.


Interspeed Return-on-Tangible-Equity Related Terms

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


Interspeed (Interspeed) Business Description

Industry
Traded in Other Exchanges
N/A
Address
39 High Street, North Andover, MA, USA, 01845
Interspeed Inc operates in the communication equipment industry. The company is engaged in designing, developing, and marketing high speed data communications based on digital subscriber line or DSL technology.

Interspeed (Interspeed) Headlines

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