What is Everybody Loves Languages 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. Everybody Loves Languages's annualized net income for the quarter that ended in Sep. 2021 was C$-1.13 Mil. Everybody Loves Languages's average shareholder tangible equity for the quarter that ended in Sep. 2021 was C$1.94 Mil. Therefore, Everybody Loves Languages's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2021 was -58.17%.
The historical rank and industry rank for Everybody Loves Languages's Return-on-Tangible-Equity or its related term are showing as below:
TSXV:ELL's Return-on-Tangible-Equity is not ranked *
in the Education industry.
Industry Median: 10.13 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Everybody Loves Languages Return-on-Tangible-Equity Historical Data
The historical data trend for Everybody Loves Languages'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.
Everybody Loves Languages Return-on-Tangible-Equity Chart
Competitive Comparison of Everybody Loves Languages's Return-on-Tangible-Equity
For the Education & Training Services subindustry, Everybody Loves Languages'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.
Everybody Loves Languages's Return-on-Tangible-Equity Distribution in the Education Industry
For the Education industry and Consumer Defensive sector, Everybody Loves Languages's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Everybody Loves Languages's Return-on-Tangible-Equity falls into.
Everybody Loves Languages Return-on-Tangible-Equity Calculation
Everybody Loves Languages's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2020 is calculated as
* 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.
Everybody Loves Languages (TSXV:ELL) 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.
Everybody Loves Languages Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Everybody Loves Languages's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Everybody Loves Languages (TSXV:ELL) Business Description
Everybody Loves Languages Corp is an Ed-tech language-learning and content development company empowering language educators to easily transition from traditional teaching methods to digital learning by integrating education, edutainment, and technology. It has two business segments; The license of intellectual property: Lingo Learning is a content-based publisher of English language learning textbook programs in China. It earns royalties from Licensing Sales compared to Finished Product Sales, and Online and Offline Language Learning; a web-based educational technology language learning, training, and assessment company. The Company provides the right to access to hosted software over a contract term without the customer taking possession of the software.
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