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Non-Tech : Littlefield Corporation (LTFD) -- Ignore unavailable to you. Want to Upgrade?

To: Vinnie who wrote (7213)2/9/1998 9:59:00 PM
From: Market Tracker  Read Replies (2) | Respond to of 10368
 
Vinnie, - ROE can be easily figured by taking net income, (after taxes), and dividing it by the common stockholder's equity. A slightly more refined definition would be to take the stockholder's equity at the beginning of the period under consideration as the divisor. An even more refined version would use the TANGIBLE stockholder's equity, which would subtract the intangible assets on the balance sheet from the stkhldrs. equity in the divisor.

So if BNGO were to earn $3,000,000 net profit on a beginning stockholder's equity of $10,000,000, the ROE would be 30 %

Hope this helps.

MT



To: Vinnie who wrote (7213)2/10/1998 7:43:00 AM
From: Jonathan Bulkeley  Read Replies (1) | Respond to of 10368
 
Vinnie:

Markt tracker gave you a good answer, but to elaborate a tad, ROE is a good measure of a companys ability to create value for its investors. BNGO to date has done a stellar job and I fully expect it will continue to do so after we recoup from the last few weeks bumps and bruises.

Jonathan


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