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. Issuer Direct's annualized net income for the quarter that ended in Mar. 2024 was $-0.56 Mil. Issuer Direct's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $-16.43 Mil. Therefore, Issuer Direct's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was N/A%.
The historical rank and industry rank for Issuer Direct's Return-on-Tangible-Equity or its related term are showing as below:
ISDR'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 4.43 Med: 14.35 Max: 406.3
Current: Negative Tangible Equity
During the past 13 years, Issuer Direct's highest Return-on-Tangible-Equity was 406.30%. The lowest was 4.43%. And the median was 14.35%.
ISDR's Return-on-Tangible-Equity is ranked better than 99.87% of 2379
companies
in the Software industry
Industry Median: 7.82
vs ISDR: Negative Tangible Equity
Issuer Direct Return-on-Tangible-Equity Historical Data
The historical data trend for Issuer Direct'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.
Competitive Comparison of Issuer Direct's Return-on-Tangible-Equity
For the Software - Application subindustry, Issuer Direct'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.
Issuer Direct's Return-on-Tangible-Equity Distribution in the Software Industry
For the Software industry and Technology sector, Issuer Direct's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Issuer Direct's Return-on-Tangible-Equity falls into.
Issuer Direct Return-on-Tangible-Equity Calculation
Issuer Direct's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 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 (Mar. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Issuer Direct (AMEX:ISDR) 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.
Issuer Direct Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Issuer Direct's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Issuer Direct (Issuer Direct) Business Description
Issuer Direct Corp is a communications and compliance company. It focuses on the needs of corporate issuers. It provides disclosure management solutions, shareholder communications tools, and cloud-based compliance technologies. The company serves a diverse range of client base in the financial services industry, including brokerage firms, banks, mutual funds, accounting and the legal communities. Its current brands and products include the following: Issuer Direct, Accesswire, Investor Network, Blueprint, Classify, iProxy Direct, iR Direct and annual report service. Its primary geographic markets are North America and Europe of which North America contributes the vast majority of total revenue.
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