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MOJO Data Solutions (MOJO Data Solutions) Return-on-Tangible-Equity : 0.00% (As of Dec. 2021)


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What is MOJO Data Solutions 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. MOJO Data Solutions's annualized net income for the quarter that ended in Dec. 2021 was $-0.02 Mil. MOJO Data Solutions's average shareholder tangible equity for the quarter that ended in Dec. 2021 was $-0.02 Mil. Therefore, MOJO Data Solutions's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2021 was N/A%.

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

MJDS's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 7.93
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

MOJO Data Solutions Return-on-Tangible-Equity Historical Data

The historical data trend for MOJO Data Solutions'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.

MOJO Data Solutions Return-on-Tangible-Equity Chart

MOJO Data Solutions Annual Data
Trend Apr11 Apr12 Apr13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21
Return-on-Tangible-Equity
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MOJO Data Solutions Semi-Annual Data
Apr11 Apr12 Apr13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21
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Competitive Comparison of MOJO Data Solutions's Return-on-Tangible-Equity

For the Software - Application subindustry, MOJO Data Solutions'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.


MOJO Data Solutions's Return-on-Tangible-Equity Distribution in the Software Industry

For the Software industry and Technology sector, MOJO Data Solutions's Return-on-Tangible-Equity distribution charts can be found below:

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



MOJO Data Solutions Return-on-Tangible-Equity Calculation

MOJO Data Solutions's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=-0.016/( (0+-0.016 )/ 1 )
=-0.016/-0.016
=N/A %

MOJO Data Solutions's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2021 )  (Q: Dec. 2020 )(Q: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2021 )  (Q: Dec. 2020 )(Q: Dec. 2021 )
=-0.016/( (0+-0.016)/ 1 )
=-0.016/-0.016
=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. 2021) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


MOJO Data Solutions  (OTCPK:MJDS) 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.


MOJO Data Solutions Return-on-Tangible-Equity Related Terms

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MOJO Data Solutions (MOJO Data Solutions) Business Description

Traded in Other Exchanges
N/A
Address
E21 Calle Las Palmas, URB Dorado Reef, Dorado, PRI, 00646
MOJO Data Solutions Inc is engaged in the development of smartphone applications that enable consumers to interact with traditional media. The firm delivers multimedia mobile visual search and content delivery platforms on the handset with data processing and campaign management tools. It offers a campaign management suite that includes Mojo Tags, which allows consumers to connect with the digital content and experiences of brands through smartphones; Mojo Insights which offers solutions for managing mobile campaigns and connecting consumers to Internet content from traditional media; Mojo Tags App, a multimedia scanning application; and Mojo Touch solutions. The company also has Mojo Beacons, which delivers in-store customer experiences.