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Paramount Gold Nevada (Paramount Gold Nevada) ROE %

: -15.21% (As of Dec. 2023)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Paramount Gold Nevada's annualized net income for the quarter that ended in Dec. 2023 was $-6.30 Mil. Paramount Gold Nevada's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $41.43 Mil. Therefore, Paramount Gold Nevada's annualized ROE % for the quarter that ended in Dec. 2023 was -15.21%.

The historical rank and industry rank for Paramount Gold Nevada's ROE % or its related term are showing as below:

PZG' s ROE % Range Over the Past 10 Years
Min: -30.16   Med: -14.04   Max: -10.52
Current: -16.11

During the past 12 years, Paramount Gold Nevada's highest ROE % was -10.52%. The lowest was -30.16%. And the median was -14.04%.

PZG's ROE % is ranked worse than
50.16% of 2480 companies
in the Metals & Mining industry
Industry Median: -16 vs PZG: -16.11

Paramount Gold Nevada ROE % Historical Data

The historical data trend for Paramount Gold Nevada'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.

Paramount Gold Nevada Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -12.37 -13.62 -12.50 -16.72 -14.46

Paramount Gold Nevada Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -12.95 -15.30 -14.33 -19.54 -15.21

Competitive Comparison

For the Gold subindustry, Paramount Gold Nevada'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.


Paramount Gold Nevada ROE % Distribution

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

* The bar in red indicates where Paramount Gold Nevada's ROE % falls into.



Paramount Gold Nevada ROE % Calculation

Paramount Gold Nevada's annualized ROE % for the fiscal year that ended in Jun. 2023 is calculated as

ROE %=Net Income (A: Jun. 2023 )/( (Total Stockholders Equity (A: Jun. 2022 )+Total Stockholders Equity (A: Jun. 2023 ))/ count )
=-6.451/( (46.4+42.84)/ 2 )
=-6.451/44.62
=-14.46 %

Paramount Gold Nevada's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Sep. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-6.3/( (42.081+40.785)/ 2 )
=-6.3/41.433
=-15.21 %

* 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 (Dec. 2023) net income data. ROE % is displayed in the 30-year financial page.


Paramount Gold Nevada  (AMEX:PZG) 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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-6.3/41.433
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-6.3 / 0)*(0 / 57.977)*(57.977 / 41.433)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.3993
=ROA %*Equity Multiplier
=N/A %*1.3993
=-15.21 %

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: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-6.3/41.433
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-6.3 / -6.3) * (-6.3 / -10.436) * (-10.436 / 0) * (0 / 57.977) * (57.977 / 41.433)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.6037 * N/A % * 0 * 1.3993
=-15.21 %

Note: The net income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


Paramount Gold Nevada ROE % Related Terms

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


Paramount Gold Nevada (Paramount Gold Nevada) Business Description

Traded in Other Exchanges
Address
665 Anderson Street, Winnemucca, NV, USA, 89445
Paramount Gold Nevada Corp is an exploration-stage mining company. Together with its subsidiaries, it is engaged in the business of acquiring, exploring, and developing precious metal projects in the United States. Also, it explores for gold and silver. It enhances the value of projects by implementing exploration and engineering programs that are likely to expand and upgrade known mineralized material to reserves. Paramount tries to realize the value of its projects by selling its projects to producers; joint venturing its projects with other companies; or building and operating small mines on its own. Its projects include sleeper gold, grassy mountain gold, frost project; other non-material, and mineral resources.
Executives
Fcmi Parent Co. 10 percent owner 181 BAY STREET, SUITE 250, TORONTO A6 M5J 2T3
Charitable Foundation Buckingham 10 percent owner 467 LYTTON BLVD., TORONTO A6 M5N 1S5
Samantha Jane Espley director 102 HIDDEN RIDGE COURT, SUDBURY A6 P3E 0G1
Rachel Louise Goldman director, officer: Chief Executive Officer 4721 CIRCLE ROAD, MONTREAL A8 H3W 1Z2
Christopher J. Reynolds director 40 UNIVERSITY AVE., SUITE 102, TORONTO A6 L6J 2K6
John Carden director 925 NORTH HOMESTEAD DR., LIBERTY LAKE WA 99019
John W. Seaberg director C/O KLONDEX MINES LTD, 1055 WEST HASTINGS ST., SUITE 200, VANCOUVER A1 V6C 2E9
Van Treek Glen Alex director, officer: President VIRGINIA 7556 VITACURA, SANTIAGO F3 7630340
Rudi Fronk director 33 LOMBARD STREET #4503, TORONTO A6 M5C 3H8
Carlo Buffone officer: Chief Financial Officer 346 WAVERLEY STREET, OTTAWA A6 K2P0K6
David Stewart Smith director 2997 ROSEBERY AVE, WEST VANCOUVER A1 V7V3A8
Pierre Clement Pelletier director 911 KENNEDY AVE., NORTH VANCOUVER A1 V7R1L4
Fcmi Financial Corp Et Al 10 percent owner BCE PLACE, 181 BAY STREET SUITE 250, TORONTO CANADA A6
Albert Friedberg 10 percent owner
Eliseo Gonzalez-urien director 10911 CORP RANCH, ASHLAND OR 97520