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Reelcause (Reelcause) Return-on-Tangible-Equity : -86.35% (As of Sep. 2012)


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What is Reelcause 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. Reelcause's annualized net income for the quarter that ended in Sep. 2012 was $-0.74 Mil. Reelcause's average shareholder tangible equity for the quarter that ended in Sep. 2012 was $0.86 Mil. Therefore, Reelcause's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2012 was -86.35%.

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

RCIT's Return-on-Tangible-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 7.56
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Reelcause Return-on-Tangible-Equity Historical Data

The historical data trend for Reelcause'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.

Reelcause Return-on-Tangible-Equity Chart

Reelcause Annual Data
Trend Oct08 Oct09 Dec10 Dec11
Return-on-Tangible-Equity
-10.94 -53.47 177.09 -106.99

Reelcause Quarterly Data
Apr08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 -309.79 -1,988.21 Negative Tangible Equity 651.41 -86.35

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

For the Specialty Industrial Machinery subindustry, Reelcause'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.


Reelcause's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Reelcause's Return-on-Tangible-Equity distribution charts can be found below:

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



Reelcause Return-on-Tangible-Equity Calculation

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

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=-2.311/( (4.634+-0.314 )/ 2 )
=-2.311/2.16
=-106.99 %

Reelcause's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2012 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2012 )  (Q: Jun. 2012 )(Q: Sep. 2012 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2012 )  (Q: Jun. 2012 )(Q: Sep. 2012 )
=-0.74/( (0.927+0.787)/ 2 )
=-0.74/0.857
=-86.35 %

* 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. 2012) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Reelcause  (OTCPK:RCIT) 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.


Reelcause Return-on-Tangible-Equity Related Terms

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Reelcause (Reelcause) Business Description

Traded in Other Exchanges
N/A
Address
4760 S Pecos Road, Suite 103, Las Vegas, NV, USA, 89121
Reelcause Inc focuses on commercializing patented technology related to new renewable energy projects. Its Product family include hydrogen gas range, hydrogen boiler, hydrogen hot air fan, hydrogen water purifier, hydrogen water source wave, hydrogen drone, hydrogen ene farm, and realization of smart farm using hydrogen boiler.

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