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Sustainable Green Team (Sustainable Green Team) Return-on-Tangible-Equity : -12.05% (As of Mar. 2024)


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What is Sustainable Green Team 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. Sustainable Green Team's annualized net income for the quarter that ended in Mar. 2024 was $-9.60 Mil. Sustainable Green Team's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $79.63 Mil. Therefore, Sustainable Green Team's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was -12.05%.

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

SGTM' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7.63   Med: 12.79   Max: 18.01
Current: -7.63

During the past 3 years, Sustainable Green Team's highest Return-on-Tangible-Equity was 18.01%. The lowest was -7.63%. And the median was 12.79%.

SGTM's Return-on-Tangible-Equity is ranked worse than
83.28% of 287 companies
in the Forest Products industry
Industry Median: 4.11 vs SGTM: -7.63

Sustainable Green Team Return-on-Tangible-Equity Historical Data

The historical data trend for Sustainable Green Team'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.

Sustainable Green Team Return-on-Tangible-Equity Chart

Sustainable Green Team Annual Data
Trend Dec21 Dec22 Dec23
Return-on-Tangible-Equity
12.79 18.01 -5.29

Sustainable Green Team Quarterly Data
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 -3.58 -21.70 40.29 -35.77 -12.05

Competitive Comparison of Sustainable Green Team's Return-on-Tangible-Equity

For the Lumber & Wood Production subindustry, Sustainable Green Team'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.


Sustainable Green Team's Return-on-Tangible-Equity Distribution in the Forest Products Industry

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

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



Sustainable Green Team Return-on-Tangible-Equity Calculation

Sustainable Green Team'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 )
=-3.582/( (57.978+77.326 )/ 2 )
=-3.582/67.652
=-5.29 %

Sustainable Green Team'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 )
=-9.596/( (77.326+81.929)/ 2 )
=-9.596/79.6275
=-12.05 %

* 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.


Sustainable Green Team  (OTCPK:SGTM) 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.


Sustainable Green Team Return-on-Tangible-Equity Related Terms

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


Sustainable Green Team (Sustainable Green Team) Business Description

Traded in Other Exchanges
N/A
Address
24200 County RD 561, Astatula, FL, USA, 34705
Sustainable Green Team Ltd, along with its subsidiaries, is engaged in mulch manufacturing. It acquires wood-based, feedstock, and other natural materials used for its mulch products. The company provides tree services, debris hauling, and removal, biomass recycling, mulch manufacturing, packaging, and sales. Its customers include governmental, residential, commercial customers, and retailers.

Sustainable Green Team (Sustainable Green Team) Headlines

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