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Trilogy Metals (Trilogy Metals) ROE %

: -10.53% (As of Feb. 2024)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Trilogy Metals's annualized net income for the quarter that ended in Feb. 2024 was $-14.40 Mil. Trilogy Metals's average Total Stockholders Equity over the quarter that ended in Feb. 2024 was $136.83 Mil. Therefore, Trilogy Metals's annualized ROE % for the quarter that ended in Feb. 2024 was -10.53%.

The historical rank and industry rank for Trilogy Metals's ROE % or its related term are showing as below:

TMQ' s ROE % Range Over the Past 10 Years
Min: -110.76   Med: -19.85   Max: 159.93
Current: -9.64

During the past 13 years, Trilogy Metals's highest ROE % was 159.93%. The lowest was -110.76%. And the median was -19.85%.

TMQ's ROE % is ranked better than
60.89% of 2483 companies
in the Metals & Mining industry
Industry Median: -16.01 vs TMQ: -9.64

Trilogy Metals ROE % Historical Data

The historical data trend for Trilogy Metals's ROE % 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.

Trilogy Metals Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -110.59 160.11 -12.38 -15.58 -10.57

Trilogy Metals Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
ROE % 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 Premium Member Only Premium Member Only Premium Member Only -14.08 -7.83 -11.43 -8.72 -10.53

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Trilogy Metals's ROE %, along with its competitors' market caps and ROE % 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.


Trilogy Metals ROE % Distribution

For the Metals & Mining industry and Basic Materials sector, Trilogy Metals's ROE % distribution charts can be found below:

* The bar in red indicates where Trilogy Metals's ROE % falls into.



Trilogy Metals ROE % Calculation

Trilogy Metals's annualized ROE % for the fiscal year that ended in Nov. 2023 is calculated as

ROE %=Net Income (A: Nov. 2023 )/( (Total Stockholders Equity (A: Nov. 2022 )+Total Stockholders Equity (A: Nov. 2023 ))/ count )
=-14.951/( (145.428+137.555)/ 2 )
=-14.951/141.4915
=-10.57 %

Trilogy Metals's annualized ROE % for the quarter that ended in Feb. 2024 is calculated as

ROE %=Net Income (Q: Feb. 2024 )/( (Total Stockholders Equity (Q: Nov. 2023 )+Total Stockholders Equity (Q: Feb. 2024 ))/ count )
=-14.404/( (137.555+136.095)/ 2 )
=-14.404/136.825
=-10.53 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Feb. 2024) net income data. ROE % is displayed in the 30-year financial page.


Trilogy Metals  (AMEX:TMQ) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Feb. 2024 )
=Net Income/Total Stockholders Equity
=-14.404/136.825
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-14.404 / 0)*(0 / 137.2895)*(137.2895 / 136.825)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.0034
=ROA %*Equity Multiplier
=N/A %*1.0034
=-10.53 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Feb. 2024 )
=Net Income/Total Stockholders Equity
=-14.404/136.825
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-14.404 / -14.404) * (-14.404 / -11.272) * (-11.272 / 0) * (0 / 137.2895) * (137.2895 / 136.825)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.2779 * N/A % * 0 * 1.0034
=-10.53 %

Note: The net income data used here is four times the quarterly (Feb. 2024) net income data. The Revenue data used here is four times the quarterly (Feb. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Trilogy Metals ROE % Related Terms

Thank you for viewing the detailed overview of Trilogy Metals's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Trilogy Metals (Trilogy Metals) Business Description

Traded in Other Exchanges
Address
609 Granville Street, Suite 1150, Vancouver, BC, CAN, V7Y 1G5
Trilogy Metals Inc is an exploration stage company engaged in mineral exploration. The company focuses on exploring and developing its mineral resource properties, which include the Upper Kobuk Mineral Projects (UKMP or UKMP Projects), in the Ambler mining district located in Alaska, the United States. Its properties have the Arctic copper-zinc- lead-gold-silver project and other mineralized targets within a volcanogenic massive sulfide belt, and it also has a bornite carbonate-hosted copper project.
Executives
Elaine Sanders officer: VP & CFO C/O TRILOGY METALS, 1950 - 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4
Diana J Walters director 5430 LBJ FREEWAY, SUITE 1800, DALLAS TX 75240
William Beckwith Hayden director C/O TRILOGY METALS INC., SUITE 1950, 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4
Tony Giardini director, officer: President and CEO C/O TRILOGY METALS, 1950 - 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4
Hensley William L. Iggiagruk director C/O TRILOGY METALS INC., SUITE 1150, 609 GRANVILLE STREET, VANCOUVER A1 V7Y 1G5
James Gowans director C/O TRILOGY METALS INC., SUITE 1150, 609 GRANVILLE STREET, VANCOUVER A1 V7Y 1G5
Gregory A. Lang director C/O TRILOGY METALS INC., 1950 - 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4
Kalidas V Madhavpeddi other: Former Director 511 ARROYO SQ, SOUTH PASADENA CA 91030
South32 Ltd 10 percent owner LEVEL 35 108 ST GEORGES TERRACE, PERTH WA C3 6000
Electrum Strategic Opportunities Fund L.p. 10 percent owner, other: Possible Member of 10% Group C/O THE ELECTRUM GROUP LLC, 700 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10065
Janice Stairs director C/O TRILOGY METALS, 1950 - 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4
Paulson & Co. Inc. 10 percent owner 1133 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10036
South32 International Investment Holdings Proprietary Ltd 10 percent owner LEVEL 35, 108 ST GEORGES TERRACE, PERTH C3 WA 6000
Nieuwenhuyse Rick Van director, officer: President & CEO C/O TRILOGY METALS, 1950 - 777 DUNSMUIR STREET, VANCOUVER A1 V7Y 1K4
Esof Gp Ltd. 10 percent owner, other: Possible Member of 10% Group C/O THE ELECTRUM GROUP LLC, 700 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10065