GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » NAPC Defense Inc (OTCPK:BLIS) » Definitions » Return-on-Tangible-Equity

NAPC Defense (NAPC Defense) Return-on-Tangible-Equity : 0.00% (As of Jan. 2024)


View and export this data going back to 2018. Start your Free Trial

What is NAPC Defense 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. NAPC Defense's annualized net income for the quarter that ended in Jan. 2024 was $-0.35 Mil. NAPC Defense's average shareholder tangible equity for the quarter that ended in Jan. 2024 was $-0.91 Mil. Therefore, NAPC Defense's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 was N/A%.

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

BLIS's Return-on-Tangible-Equity is not ranked *
in the Aerospace & Defense industry.
Industry Median: 8.005
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

NAPC Defense Return-on-Tangible-Equity Historical Data

The historical data trend for NAPC Defense'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.

NAPC Defense Return-on-Tangible-Equity Chart

NAPC Defense Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Return-on-Tangible-Equity
Get a 7-Day Free Trial - - -748.72 - -

NAPC Defense Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - - - -

Competitive Comparison of NAPC Defense's Return-on-Tangible-Equity

For the Aerospace & Defense subindustry, NAPC Defense'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.


NAPC Defense's Return-on-Tangible-Equity Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, NAPC Defense's Return-on-Tangible-Equity distribution charts can be found below:

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



NAPC Defense Return-on-Tangible-Equity Calculation

NAPC Defense's annualized Return-on-Tangible-Equity for the fiscal year that ended in Apr. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Apr. 2023 )  (A: Apr. 2022 )(A: Apr. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Apr. 2023 )  (A: Apr. 2022 )(A: Apr. 2023 )
=-0.941/( (-0.871+-0.799 )/ 2 )
=-0.941/-0.835
=N/A %

NAPC Defense's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=-0.352/( (-0.945+-0.866)/ 2 )
=-0.352/-0.9055
=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 (Jan. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


NAPC Defense  (OTCPK:BLIS) 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.


NAPC Defense Return-on-Tangible-Equity Related Terms

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


NAPC Defense (NAPC Defense) Business Description

Traded in Other Exchanges
N/A
Address
13046 Racetrack Road, Suite 234, Tampa, FL, USA, 33626
Treasure & Shipwreck Recovery Inc is engaged in the business of exploration and recovery of historic shipwrecks. The company owns a research vessel and specialized sensing equipment which is used to locate and recover artifacts and treasures from historic shipwrecks, generally from the colonial era. It is also developing gaming app based on treasure search and salvage.