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BuildDirect.com Technologies (TSXV:BILD) Return-on-Tangible-Equity : 0.00% (As of Dec. 2023)


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What is BuildDirect.com Technologies 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. BuildDirect.com Technologies's annualized net income for the quarter that ended in Dec. 2023 was C$-10.58 Mil. BuildDirect.com Technologies's average shareholder tangible equity for the quarter that ended in Dec. 2023 was C$-3.00 Mil. Therefore, BuildDirect.com Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was N/A%.

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

TSXV:BILD's Return-on-Tangible-Equity is not ranked *
in the Interactive Media industry.
Industry Median: 2.92
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

BuildDirect.com Technologies Return-on-Tangible-Equity Historical Data

The historical data trend for BuildDirect.com Technologies'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.

BuildDirect.com Technologies Return-on-Tangible-Equity Chart

BuildDirect.com Technologies Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
- - - -

BuildDirect.com Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of BuildDirect.com Technologies's Return-on-Tangible-Equity

For the Internet Content & Information subindustry, BuildDirect.com Technologies'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.


BuildDirect.com Technologies's Return-on-Tangible-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, BuildDirect.com Technologies's Return-on-Tangible-Equity distribution charts can be found below:

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



BuildDirect.com Technologies Return-on-Tangible-Equity Calculation

BuildDirect.com Technologies'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 )
=-5.061/( (-4.399+-2.513 )/ 2 )
=-5.061/-3.456
=N/A %

BuildDirect.com Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-10.584/( (-3.483+-2.513)/ 2 )
=-10.584/-2.998
=N/A %

* 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 (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


BuildDirect.com Technologies  (TSXV:BILD) 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.


BuildDirect.com Technologies Return-on-Tangible-Equity Related Terms

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BuildDirect.com Technologies (TSXV:BILD) Business Description

Traded in Other Exchanges
Address
200 Granville Street, Suite 90, Vancouver, BC, CAN, V6C 1S4
BuildDirect.com Technologies Inc is a marketplace for purchasing and selling building materials online. It has two operating segments, BuildDirect.com and Independent Retailers. The platform connects homeowners and home improvement professionals in North America with suppliers and sellers of quality building materials from around the world, including flooring, tile, decking, and more.
Executives
Milan Roy Director

BuildDirect.com Technologies (TSXV:BILD) Headlines

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