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Quantum Metal Exchange (Quantum Metal Exchange) Return-on-Tangible-Equity : 0.00% (As of Feb. 2013)


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What is Quantum Metal Exchange 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. Quantum Metal Exchange's annualized net income for the quarter that ended in Feb. 2013 was $-1.22 Mil. Quantum Metal Exchange's average shareholder tangible equity for the quarter that ended in Feb. 2013 was $-0.73 Mil. Therefore, Quantum Metal Exchange's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2013 was N/A%.

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

QMEI's Return-on-Tangible-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.68
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Quantum Metal Exchange Return-on-Tangible-Equity Historical Data

The historical data trend for Quantum Metal Exchange'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.

Quantum Metal Exchange Return-on-Tangible-Equity Chart

Quantum Metal Exchange Annual Data
Trend Aug09 Aug10
Return-on-Tangible-Equity
-28.26 -61.97

Quantum Metal Exchange Quarterly Data
May09 Aug09 Nov09 Feb10 May10 Aug10 Nov10 Feb11 May11 Aug11 Nov11 Feb12 Nov12 Feb13
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 -27.59 -218.18 - - -

Competitive Comparison of Quantum Metal Exchange's Return-on-Tangible-Equity

For the Shell Companies subindustry, Quantum Metal Exchange'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.


Quantum Metal Exchange's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Quantum Metal Exchange's Return-on-Tangible-Equity distribution charts can be found below:

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



Quantum Metal Exchange Return-on-Tangible-Equity Calculation

Quantum Metal Exchange's annualized Return-on-Tangible-Equity for the fiscal year that ended in Aug. 2010 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Aug. 2010 )  (A: Aug. 2009 )(A: Aug. 2010 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Aug. 2010 )  (A: Aug. 2009 )(A: Aug. 2010 )
=-0.022/( (0.046+0.025 )/ 2 )
=-0.022/0.0355
=-61.97 %

Quantum Metal Exchange's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2013 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Feb. 2013 )  (Q: Nov. 2012 )(Q: Feb. 2013 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Feb. 2013 )  (Q: Nov. 2012 )(Q: Feb. 2013 )
=-1.216/( (-0.206+-1.249)/ 2 )
=-1.216/-0.7275
=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 four times the quarterly (Feb. 2013) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Quantum Metal Exchange  (OTCPK:QMEI) 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.


Quantum Metal Exchange Return-on-Tangible-Equity Related Terms

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


Quantum Metal Exchange (Quantum Metal Exchange) Business Description

Traded in Other Exchanges
N/A
Address
One World Trade Center, Suite 8500, New York, NY, USA, 10007
Quantum Metal Exchange Inc is a company with bullion based technology capacities, empowering people and businesses from upstream to downstream of the precious metal industry through technologies and cutting-edge corporate solutions. The company geographically operates in Malaysia, Singapore, Thailand, Australia, Indonesia and Nigeria.

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