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. Marin Software's annualized net income for the quarter that ended in Mar. 2024 was $-9.64 Mil. Marin Software's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $12.61 Mil. Therefore, Marin Software's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was -76.47%.
The historical rank and industry rank for Marin Software's Return-on-Tangible-Equity or its related term are showing as below:
MRIN'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -123.06 Med: -49.79 Max: -26.31
Current: -97.63
During the past 13 years, Marin Software's highest Return-on-Tangible-Equity was -26.31%. The lowest was -123.06%. And the median was -49.79%.
MRIN's Return-on-Tangible-Equity is ranked worse than 89.75% of 2381
companies
in the Software industry
Industry Median: 7.93
vs MRIN: -97.63
Marin Software Return-on-Tangible-Equity Historical Data
The historical data trend for Marin Software'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 Marin Software's Return-on-Tangible-Equity
For the Software - Application subindustry, Marin Software'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.
Marin Software's Return-on-Tangible-Equity Distribution in the Software Industry
For the Software industry and Technology sector, Marin Software's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Marin Software's Return-on-Tangible-Equity falls into.
* 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.
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.
Marin Software Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Marin Software's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Marin Software (Marin Software) Business Description
Marin Software Inc provides a cloud-based digital advertising management solution for search, display, social and mobile advertising channels to improve financial performance, realize efficiencies and time savings and improve business decisions. The company's enterprise marketing software platform is offered as an integrated software-as-a-service (SaaS) solution for advertisers and agencies. Its software solution is designed to help its customers measure the effectiveness of their advertising campaigns through its reporting and analytics capabilities; manage and execute campaigns through its user interface and underlying technology that streamlines and automates functions. All the business activity of the firm is functioned through the geographical regions of The United States.
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