GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Exeo Entertainment Inc (OTCPK:EXEO) » Definitions » Return-on-Tangible-Equity

Exeo Entertainment (Exeo Entertainment) Return-on-Tangible-Equity : 0.00% (As of Feb. 2022)


View and export this data going back to 2014. Start your Free Trial

What is Exeo Entertainment 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. Exeo Entertainment's annualized net income for the quarter that ended in Feb. 2022 was $-0.73 Mil. Exeo Entertainment's average shareholder tangible equity for the quarter that ended in Feb. 2022 was $-3.46 Mil. Therefore, Exeo Entertainment's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2022 was N/A%.

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

EXEO's Return-on-Tangible-Equity is not ranked *
in the Hardware industry.
Industry Median: 5.305
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Exeo Entertainment Return-on-Tangible-Equity Historical Data

The historical data trend for Exeo Entertainment'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.

Exeo Entertainment Return-on-Tangible-Equity Chart

Exeo Entertainment Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Exeo Entertainment Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
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 Exeo Entertainment's Return-on-Tangible-Equity

For the Consumer Electronics subindustry, Exeo Entertainment'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.


Exeo Entertainment's Return-on-Tangible-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Exeo Entertainment's Return-on-Tangible-Equity distribution charts can be found below:

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



Exeo Entertainment Return-on-Tangible-Equity Calculation

Exeo Entertainment's annualized Return-on-Tangible-Equity for the fiscal year that ended in Nov. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Nov. 2021 )  (A: Nov. 2020 )(A: Nov. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Nov. 2021 )  (A: Nov. 2020 )(A: Nov. 2021 )
=-1.44/( (-2.029+-3.369 )/ 2 )
=-1.44/-2.699
=N/A %

Exeo Entertainment's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Feb. 2022 )  (Q: Nov. 2021 )(Q: Feb. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Feb. 2022 )  (Q: Nov. 2021 )(Q: Feb. 2022 )
=-0.732/( (-3.369+-3.548)/ 2 )
=-0.732/-3.4585
=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 (Feb. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Exeo Entertainment  (OTCPK:EXEO) 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.


Exeo Entertainment Return-on-Tangible-Equity Related Terms

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


Exeo Entertainment (Exeo Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
4478 Wagon Trail Avenue, Las Vegas, NV, USA, 89118
Exeo Entertainment Inc is a United States based company engaged in designing, developing, licensing, manufacturing, and marketing consumer electronics in the video gaming, music and smart television sector. The company is focused on the development of Psyko, which is a surround sound gaming headphone for consoles; Krankz MAXX Bluetooth wireless headphones; Zaaz Smart television keyboards; the Extreme Gamer; a multi-disc video game changer, and an Android-based portable gaming system.
Executives
Robert Scott Amaral director, 10 percent owner, officer: CEO 4478 WAGON TRAIL AVE, LAS VEGAS NV 89118
Jeffrey Alan Weiland director, 10 percent owner, officer: President 4478 WAGON TRAIL AVE, LAS VEGAS NV 89118

Exeo Entertainment (Exeo Entertainment) Headlines