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Reservoir Capital (Reservoir Capital) Return-on-Tangible-Equity : -4.77% (As of Sep. 2021)


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What is Reservoir Capital 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. Reservoir Capital's annualized net income for the quarter that ended in Sep. 2021 was $-1.10 Mil. Reservoir Capital's average shareholder tangible equity for the quarter that ended in Sep. 2021 was $23.04 Mil. Therefore, Reservoir Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2021 was -4.77%.

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

RSERF's Return-on-Tangible-Equity is not ranked *
in the Asset Management industry.
Industry Median: 5.07
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Reservoir Capital Return-on-Tangible-Equity Historical Data

The historical data trend for Reservoir Capital'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.

Reservoir Capital Return-on-Tangible-Equity Chart

Reservoir Capital Annual Data
Trend Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Dec19 Dec20
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -292.70 - - 1.22 6.94

Reservoir Capital Quarterly Data
Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 4.98 8.29 -1.31 -3.47 -4.77

Competitive Comparison of Reservoir Capital's Return-on-Tangible-Equity

For the Asset Management subindustry, Reservoir Capital'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.


Reservoir Capital's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Reservoir Capital's Return-on-Tangible-Equity distribution charts can be found below:

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



Reservoir Capital Return-on-Tangible-Equity Calculation

Reservoir Capital's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2020 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=1.534/( (21.841+22.37 )/ 2 )
=1.534/22.1055
=6.94 %

Reservoir Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=-1.1/( (23.394+22.695)/ 2 )
=-1.1/23.0445
=-4.77 %

* 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. 2021) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Reservoir Capital  (OTCPK:RSERF) 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.


Reservoir Capital Return-on-Tangible-Equity Related Terms

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


Reservoir Capital (Reservoir Capital) Business Description

Traded in Other Exchanges
N/A
Address
595 Howe Street, 10th Floor, Vancouver, BC, CAN, V6C 2T5
Reservoir Capital Corp is a clean power investment vehicle concentrating on operational power projects located in emerging markets. The company's investment policy is to take carefully selected minority economic interests in key geographies, target regular dividend income over long periods, and offer capital gains in medium term. The company's acquisition plan is to approach owners of privately-held quality clean energy assets and to offer their investors diversification, liquidity, and exposure to growing balanced portfolio of assets following a disciplined investment policy.

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