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InCapta (InCapta) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Dec. 2020)


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What is InCapta 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. InCapta's annualized net income for the quarter that ended in Dec. 2020 was $0.18 Mil. InCapta's average shareholder tangible equity for the quarter that ended in Dec. 2020 was $-1.33 Mil. Therefore, InCapta's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2020 was Negative Tangible Equity%.

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

INCT's Return-on-Tangible-Equity is not ranked *
in the Media - Diversified industry.
Industry Median: 5.33
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

InCapta Return-on-Tangible-Equity Historical Data

The historical data trend for InCapta'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.

InCapta Return-on-Tangible-Equity Chart

InCapta Annual Data
Trend Dec07 Dec08 Dec09 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - Negative Tangible Equity Negative Tangible Equity

InCapta Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
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 - - - Negative Tangible Equity Negative Tangible Equity

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

For the Broadcasting subindustry, InCapta'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.


InCapta's Return-on-Tangible-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, InCapta's Return-on-Tangible-Equity distribution charts can be found below:

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



InCapta Return-on-Tangible-Equity Calculation

InCapta's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2020 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=0.175/( (-1.422+-1.247 )/ 2 )
=0.175/-1.3345
=Negative Tangible Equity %

InCapta's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2020 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2020 )  (Q: Dec. 2019 )(Q: Dec. 2020 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2020 )  (Q: Dec. 2019 )(Q: Dec. 2020 )
=0.175/( (-1.422+-1.247)/ 2 )
=0.175/-1.3345
=Negative Tangible Equity %

* 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 one times the annual (Dec. 2020) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


InCapta  (OTCPK:INCT) 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.


InCapta Return-on-Tangible-Equity Related Terms

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


InCapta (InCapta) Business Description

Traded in Other Exchanges
N/A
Address
1876 Horse Creek Road, Cheyenne, WY, USA, 82009
InCapta Inc is a media holding company which invests in radio, television, movie production, and television productions to be used in online cloud television and radio. The company is engaged in pre-production of two full-length movies; developing half-hour television shows and producing radio talk shows on Leading Edge Radio Network. It derives revenue from media consulting, online television clients, monthly fees for online cloud television networks, websites, and membership fees with clients. In addition, the company also owns a nationwide wholesale grocery operation with clients in 48 states and is developing an online movie channel.
Executives
Creative Financial Services Inc. director, 10 percent owner, officer: Chief Executive Officer 638 N. 5TH AVENUE PHOENIX AZ 85003
Gregory Bryan Martin officer: President 1950 FIFTH AVE #100 SAN DIEGO CA 92101
Acunto John P Jr 10 percent owner 1609 SCOTLAND AVE, CHARLOTTE NC 28207
Arlene Mcmachen 10 percent owner PO BOX 5532 LIGHTHOUSE POINT FL 33074
Glenn Sr Mcmachen director, 10 percent owner PO BOX 5532 LIGHTHOUSE POINT FL 33074
Marty Schiff director 61 LEMON ST. UNIONTOWN PA 15401
Flexible Growth & Income Fund Co, Llc 10 percent owner 1015 MASSACHUSETTS AVE. LEXINGTON MA 02420
Mark Crist director
Donald Neal Gallent officer: President 701 WOODRIDGE COURT BRENTWOOD TN 37027
Joya Arthur De officer: CFO 361 WISETON AVENUE, LAS VEGAS NV 89123
Gary J Hohman officer: President
Ismat Sawaqed director 1535 BLACKJACK ROAD FRANKLIN KY 42134
John Fleming director, 10 percent owner, officer: CEO ONE AMERICAN ROAD, DEARBORN MI 48126
John Fleming director, 10 percent owner, officer: CEO 1535 BLACKJACK ROAD FRANKLIN KY 42134

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