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Emperor Metals (XCNQ:AUOZ) Return-on-Tangible-Equity : -12.37% (As of Oct. 2023)


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What is Emperor Metals 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. Emperor Metals's annualized net income for the quarter that ended in Oct. 2023 was C$-0.52 Mil. Emperor Metals's average shareholder tangible equity for the quarter that ended in Oct. 2023 was C$4.24 Mil. Therefore, Emperor Metals's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2023 was -12.37%.

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

XCNQ:AUOZ' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -28.22   Med: -21.76   Max: -20.07
Current: -24.55

During the past 3 years, Emperor Metals's highest Return-on-Tangible-Equity was -20.07%. The lowest was -28.22%. And the median was -21.76%.

XCNQ:AUOZ's Return-on-Tangible-Equity is ranked worse than
58.26% of 2458 companies
in the Metals & Mining industry
Industry Median: -16.485 vs XCNQ:AUOZ: -24.55

Emperor Metals Return-on-Tangible-Equity Historical Data

The historical data trend for Emperor Metals'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.

Emperor Metals Return-on-Tangible-Equity Chart

Emperor Metals Annual Data
Trend Jan21 Jan22 Jan23
Return-on-Tangible-Equity
-20.07 -21.76 -28.22

Emperor Metals Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -40.48 -55.79 -27.53 -9.19 -12.37

Competitive Comparison of Emperor Metals's Return-on-Tangible-Equity

For the Gold subindustry, Emperor Metals'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.


Emperor Metals's Return-on-Tangible-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Emperor Metals's Return-on-Tangible-Equity distribution charts can be found below:

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



Emperor Metals Return-on-Tangible-Equity Calculation

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

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jan. 2023 )  (A: Jan. 2022 )(A: Jan. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jan. 2023 )  (A: Jan. 2022 )(A: Jan. 2023 )
=-0.783/( (1.609+3.94 )/ 2 )
=-0.783/2.7745
=-28.22 %

Emperor Metals's annualized Return-on-Tangible-Equity for the quarter that ended in Oct. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Oct. 2023 )  (Q: Jul. 2023 )(Q: Oct. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Oct. 2023 )  (Q: Jul. 2023 )(Q: Oct. 2023 )
=-0.524/( (4.308+4.166)/ 2 )
=-0.524/4.237
=-12.37 %

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


Emperor Metals  (XCNQ:AUOZ) 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.


Emperor Metals Return-on-Tangible-Equity Related Terms

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


Emperor Metals (XCNQ:AUOZ) Business Description

Traded in Other Exchanges
Address
10545 - 45 Avenue NW, 250 Southridge, Suite 300, Edmonton, AB, CAN, T6H 4M9
Emperor Metals Inc is engaged in the business of mineral exploration in Ontario. It is focused on proving the potential of Pine Grove and other early-stage gold projects located near the Hemlo Gold Mine within the western portion of the prolific Wawa-Abitibi Gold Belt of Ontario, Canada.
Executives
John Florek Director, Senior Officer

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