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Interfor (Interfor) Return-on-Tangible-Equity : -30.78% (As of Mar. 2024)


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What is Interfor 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. Interfor's annualized net income for the quarter that ended in Mar. 2024 was $-215 Mil. Interfor's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $700 Mil. Therefore, Interfor's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was -30.78%.

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

IFSPF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -27.27   Med: 15.27   Max: 83.38
Current: -27.27

During the past 13 years, Interfor's highest Return-on-Tangible-Equity was 83.38%. The lowest was -27.27%. And the median was 15.27%.

IFSPF's Return-on-Tangible-Equity is ranked worse than
93.77% of 289 companies
in the Forest Products industry
Industry Median: 4.32 vs IFSPF: -27.27

Interfor Return-on-Tangible-Equity Historical Data

The historical data trend for Interfor'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.

Interfor Return-on-Tangible-Equity Chart

Interfor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.96 40.29 83.40 48.75 -24.74

Interfor Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -13.47 -4.74 -14.22 -64.06 -30.78

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

For the Lumber & Wood Production subindustry, Interfor'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.


Interfor's Return-on-Tangible-Equity Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Interfor's Return-on-Tangible-Equity distribution charts can be found below:

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



Interfor Return-on-Tangible-Equity Calculation

Interfor's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-198.867/( (899.889+707.662 )/ 2 )
=-198.867/803.7755
=-24.74 %

Interfor's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-215.424/( (707.662+692.007)/ 2 )
=-215.424/699.8345
=-30.78 %

* 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.


Interfor  (OTCPK:IFSPF) 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.


Interfor Return-on-Tangible-Equity Related Terms

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


Interfor (Interfor) Business Description

Traded in Other Exchanges
Address
1600-4720 Kingsway, Metrotower II, Burnaby, BC, CAN, V5H 4N2
Interfor Corp produces and sells lumber, timber, and other wood products. The company operates sawmills to convert timber into lumber, logs, wood chips, and other wood products for sale. The firm also harvests timber for its sawmills on forest land owned by the Canadian government. Interfor pays the Canadian government stumpage fees based on the number of trees it harvests. The company's primary customers are in the construction and renovation industries. The majority of revenue is generated from the sale of lumber. The majority of Interfor's revenue comes from the United States.

Interfor (Interfor) Headlines

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