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Ceres Ventures (Ceres Ventures) Return-on-Tangible-Equity : 0.00% (As of Sep. 2012)


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What is Ceres Ventures 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. Ceres Ventures's annualized net income for the quarter that ended in Sep. 2012 was $-0.60 Mil. Ceres Ventures's average shareholder tangible equity for the quarter that ended in Sep. 2012 was $-0.40 Mil. Therefore, Ceres Ventures's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2012 was N/A%.

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

CEVE's Return-on-Tangible-Equity is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 10.09
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Ceres Ventures Return-on-Tangible-Equity Historical Data

The historical data trend for Ceres Ventures'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.

Ceres Ventures Return-on-Tangible-Equity Chart

Ceres Ventures Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -369.47 - Negative Tangible Equity -

Ceres Ventures Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 Ceres Ventures's Return-on-Tangible-Equity

For the Medical Care Facilities subindustry, Ceres Ventures'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.


Ceres Ventures's Return-on-Tangible-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ceres Ventures's Return-on-Tangible-Equity distribution charts can be found below:

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



Ceres Ventures Return-on-Tangible-Equity Calculation

Ceres Ventures's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2011 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=-0.572/( (-0.112+-0.445 )/ 2 )
=-0.572/-0.2785
=N/A %

Ceres Ventures's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2012 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2012 )  (Q: Jun. 2012 )(Q: Sep. 2012 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2012 )  (Q: Jun. 2012 )(Q: Sep. 2012 )
=-0.596/( (-0.324+-0.479)/ 2 )
=-0.596/-0.4015
=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. 2012) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Ceres Ventures  (OTCPK:CEVE) 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.


Ceres Ventures Return-on-Tangible-Equity Related Terms

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Ceres Ventures (Ceres Ventures) Business Description

Traded in Other Exchanges
N/A
Address
430 Park Avenue, Suite 702, New York, NY, USA, 10022
Ceres Ventures Inc to identify, acquire and develop a comprehensive portfolio of technologies relating to clean resources technologies which it believe has potential for global commercialization and application.
Executives
Meetesh V Patel director 8775 CENTRE PARK DRIVE, # 210, COLUMBIA MD 21045
Joseph Sierchio director, 10 percent owner 430 PARK AVENUE, SUITE 702, NEW YORK NY 10022
Jeet Sidhu director 5667 SUNRISE CRESCENT WEST, SURREY, BC A1 V3S 7M4
Harmel S Rayat 10 percent owner 700 - 688 WEST HASTINGS STREET, VANCOUVER A1 V6B 1P1
1420525 Alberta Ltd. 10 percent owner 1628 WEST 1ST AVENUE, SUITE 216, VANCOUVER A1 V6J1G1
Derek Cooper director, officer: Secretary/Treasurer

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