SheerVision (SheerVision) Return-on-Tangible-Equity : Negative Tangible Equity% (As of May. 2010)

SheerVision Return-on-Tangible-Equity Chart

SheerVision Annual Data
	Trend	Jun00	Jun01	Jun02	Jun03	Jun04	Jun05	Aug06	Aug07	Aug08	Aug09
Return-on-Tangible-Equity		Get a 7-Day Free Trial					-	-375.24	-131.35	-	-

SheerVision Quarterly Data
	Jun05	Sep05	Dec05	Mar06	Aug06	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10
Return-on-Tangible-Equity	Get a 7-Day Free Trial															-	-	-	-	Negative Tangible Equity

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

For the Medical Instruments & Supplies subindustry, SheerVision'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.

SheerVision's Return-on-Tangible-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, SheerVision's Return-on-Tangible-Equity distribution charts can be found below:

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

SheerVision Return-on-Tangible-Equity Calculation

SheerVision's annualized Return-on-Tangible-Equity for the fiscal year that ended in Aug. 2009 is calculated as

SheerVision's annualized Return-on-Tangible-Equity for the quarter that ended in May. 2010 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 (May. 2010) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

SheerVision  (OTCPK:SVSO) 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.

SheerVision Return-on-Tangible-Equity Related Terms

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

SheerVision (SheerVision) Business Description