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Marketing Worldwide (Marketing Worldwide) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Mar. 2013)


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What is Marketing Worldwide 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. Marketing Worldwide's annualized net income for the quarter that ended in Mar. 2013 was $5.89 Mil. Marketing Worldwide's average shareholder tangible equity for the quarter that ended in Mar. 2013 was $-9.25 Mil. Therefore, Marketing Worldwide's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2013 was Negative Tangible Equity%.

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

MWWC's Return-on-Tangible-Equity is not ranked *
in the Media - Diversified industry.
Industry Median: 5.41
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Marketing Worldwide Return-on-Tangible-Equity Historical Data

The historical data trend for Marketing Worldwide'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.

Marketing Worldwide Return-on-Tangible-Equity Chart

Marketing Worldwide Annual Data
Trend Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11
Return-on-Tangible-Equity
Get a 7-Day Free Trial -2,720.24 - - - -

Marketing Worldwide Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Negative Tangible Equity - - Negative Tangible Equity Negative Tangible Equity

Competitive Comparison of Marketing Worldwide's Return-on-Tangible-Equity

For the Entertainment subindustry, Marketing Worldwide'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.


Marketing Worldwide's Return-on-Tangible-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Marketing Worldwide's Return-on-Tangible-Equity distribution charts can be found below:

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



Marketing Worldwide Return-on-Tangible-Equity Calculation

Marketing Worldwide's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2011 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2011 )  (A: Sep. 2010 )(A: Sep. 2011 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2011 )  (A: Sep. 2010 )(A: Sep. 2011 )
=-2.274/( (-6.232+-7.569 )/ 2 )
=-2.274/-6.9005
=N/A %

Marketing Worldwide's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2013 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2013 )  (Q: Dec. 2012 )(Q: Mar. 2013 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2013 )  (Q: Dec. 2012 )(Q: Mar. 2013 )
=5.888/( (-10.185+-8.308)/ 2 )
=5.888/-9.2465
=Negative Tangible Equity %

* 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 (Mar. 2013) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Marketing Worldwide  (OTCPK:MWWC) 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.


Marketing Worldwide Return-on-Tangible-Equity Related Terms

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


Marketing Worldwide (Marketing Worldwide) Business Description

Traded in Other Exchanges
N/A
Address
16730 Creek Bend Drive, Sugar Land, TX, USA, 77478
Marketing Worldwide Corp through its wholly-owned subsidiary, Marketing Worldwide LLC, is engaged in the design, import and distribution of automotive accessories for motor vehicles in the automotive aftermarket industry. The Company intends to expand as an acquisition incubator, purchasing companies and patents built by passionate visionaries.