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Terra Energy & Res Tech (Terra Energy & Res Tech) Return-on-Tangible-Equity : 0.00% (As of Sep. 2011)


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What is Terra Energy & Res Tech 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. Terra Energy & Res Tech's annualized net income for the quarter that ended in Sep. 2011 was $-0.60 Mil. Terra Energy & Res Tech's average shareholder tangible equity for the quarter that ended in Sep. 2011 was $-1.44 Mil. Therefore, Terra Energy & Res Tech's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2011 was N/A%.

The historical rank and industry rank for Terra Energy & Res Tech's Return-on-Tangible-Equity or its related term are showing as below:

TEGR's Return-on-Tangible-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 8.01
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Terra Energy & Res Tech Return-on-Tangible-Equity Historical Data

The historical data trend for Terra Energy & Res Tech'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.

Terra Energy & Res Tech Return-on-Tangible-Equity Chart

Terra Energy & Res Tech Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only -1,446.52 - - - -

Terra Energy & Res Tech Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 -

Competitive Comparison of Terra Energy & Res Tech's Return-on-Tangible-Equity

For the Oil & Gas Equipment & Services subindustry, Terra Energy & Res Tech'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.


Terra Energy & Res Tech's Return-on-Tangible-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Terra Energy & Res Tech's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Terra Energy & Res Tech's Return-on-Tangible-Equity falls into.



Terra Energy & Res Tech Return-on-Tangible-Equity Calculation

Terra Energy & Res Tech's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2010 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2010 )  (A: Dec. 2009 )(A: Dec. 2010 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2010 )  (A: Dec. 2009 )(A: Dec. 2010 )
=-1.764/( (-1.113+-0.88 )/ 2 )
=-1.764/-0.9965
=N/A %

Terra Energy & Res Tech's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2011 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2011 )  (Q: Jun. 2011 )(Q: Sep. 2011 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2011 )  (Q: Jun. 2011 )(Q: Sep. 2011 )
=-0.604/( (-1.423+-1.449)/ 2 )
=-0.604/-1.436
=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 (Sep. 2011) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Terra Energy & Res Tech  (OTCPK:TEGR) 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.


Terra Energy & Res Tech Return-on-Tangible-Equity Related Terms

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Terra Energy & Res Tech (Terra Energy & Res Tech) Business Description

Traded in Other Exchanges
N/A
Address
99 Park Avenue, 16th Floor, New York, NY, USA, 10016
Terra Energy & Res Tech provides mapping and analytic services. The services are offered to exploration, drilling and mining companies, using an integrated approach with proprietary attributes to gather, manage and interpret geologic and satellite data.

Terra Energy & Res Tech (Terra Energy & Res Tech) Headlines

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