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Scripps Networks Interactive (Scripps Networks Interactive) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Dec. 2017)


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What is Scripps Networks Interactive 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. Scripps Networks Interactive's annualized net income for the quarter that ended in Dec. 2017 was $263 Mil. Scripps Networks Interactive's average shareholder tangible equity for the quarter that ended in Dec. 2017 was $-424 Mil. Therefore, Scripps Networks Interactive's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2017 was Negative Tangible Equity%.

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

SNI's Return-on-Tangible-Equity is not ranked *
in the Media - Diversified industry.
Industry Median: 5.45
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Scripps Networks Interactive Return-on-Tangible-Equity Historical Data

The historical data trend for Scripps Networks Interactive'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.

Scripps Networks Interactive Return-on-Tangible-Equity Chart

Scripps Networks Interactive Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 96.48 543.32 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Scripps Networks Interactive Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 Negative Tangible Equity Negative Tangible Equity

Competitive Comparison of Scripps Networks Interactive's Return-on-Tangible-Equity

For the Broadcasting subindustry, Scripps Networks Interactive'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.


Scripps Networks Interactive's Return-on-Tangible-Equity Distribution in the Media - Diversified Industry

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

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



Scripps Networks Interactive Return-on-Tangible-Equity Calculation

Scripps Networks Interactive's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=623.935/( (-1335.104+-625.89 )/ 2 )
=623.935/-980.497
=Negative Tangible Equity %

Scripps Networks Interactive's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2017 )  (Q: Sep. 2017 )(Q: Dec. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2017 )  (Q: Sep. 2017 )(Q: Dec. 2017 )
=263.488/( (-221.429+-625.89)/ 2 )
=263.488/-423.6595
=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 (Dec. 2017) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Scripps Networks Interactive  (NAS:SNI) 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.


Scripps Networks Interactive Return-on-Tangible-Equity Related Terms

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


Scripps Networks Interactive (Scripps Networks Interactive) Business Description

Traded in Other Exchanges
N/A
Address
Scripps is a vertically integrated content company that operates six domestic cable channels and owns 98% of the content that airs on its channels. Spun off from E.W. Scripps in 2008, Scripps' three largest networks (Food Network, HGTV, and Travel Channel) reach over 90 million households subscribing to basic cable in the U.S. While two (HGTV and Food Network) networks regularly rank within the top 25 networks in the U.S., Scripps has very little exposure to international markets with only 3% of revenue earned from outside the U.S.
Executives
Mitchell Jenny Sue Scripps 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
Careen Cardin 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT. MITCHELL KY 41017
Eva Scripps Attal 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT. MITCHELL KY 41017
Savannah Brickner 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017
Scripps William A. Jr. 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017
Wesley W. Scripps director, 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017
Samantha J. Brickner 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017
Estate Of Robert P. Scripps, Jr. 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT. MITCHELL KY 41017
Nathaniel W Heidt 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017
Austin S Heidt 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017
Heidt Robert S Iii 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE., SUITE 400, FT MITCHELL KY 41017
Crystal Vasquez Lozano 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
Jessica L. Scripps 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
Dubuc Cody 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT MITCHELL KY 41017
J. Sebastian Scripps 10 percent owner C/O MIRAMAR SERVICES, INC., 250 GRANDVIEW AVE, SUITE 400, FT. MITCHELL KY 41017

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