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Advanced Proteome Therapeutics (Advanced Proteome Therapeutics) Return-on-Tangible-Equity : -3,519.05% (As of Apr. 2023)


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What is Advanced Proteome Therapeutics 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. Advanced Proteome Therapeutics's annualized net income for the quarter that ended in Apr. 2023 was $-5.91 Mil. Advanced Proteome Therapeutics's average shareholder tangible equity for the quarter that ended in Apr. 2023 was $0.17 Mil. Therefore, Advanced Proteome Therapeutics's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2023 was -3,519.05%.

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

APTCF's Return-on-Tangible-Equity is not ranked *
in the Biotechnology industry.
Industry Median: -46.43
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Advanced Proteome Therapeutics Return-on-Tangible-Equity Historical Data

The historical data trend for Advanced Proteome Therapeutics'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.

Advanced Proteome Therapeutics Return-on-Tangible-Equity Chart

Advanced Proteome Therapeutics Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -116.41 -54.50 -94.45 - 198.43

Advanced Proteome Therapeutics Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -196.23 -34.00 -101.94 -237.10 -3,519.05

Competitive Comparison of Advanced Proteome Therapeutics's Return-on-Tangible-Equity

For the Biotechnology subindustry, Advanced Proteome Therapeutics'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.


Advanced Proteome Therapeutics's Return-on-Tangible-Equity Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Advanced Proteome Therapeutics's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Advanced Proteome Therapeutics's Return-on-Tangible-Equity falls into.



Advanced Proteome Therapeutics Return-on-Tangible-Equity Calculation

Advanced Proteome Therapeutics's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jul. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jul. 2022 )  (A: Jul. 2021 )(A: Jul. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jul. 2022 )  (A: Jul. 2021 )(A: Jul. 2022 )
=0.76/( (-0.302+1.068 )/ 2 )
=0.76/0.383
=198.43 %

Advanced Proteome Therapeutics's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Apr. 2023 )  (Q: Jan. 2023 )(Q: Apr. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Apr. 2023 )  (Q: Jan. 2023 )(Q: Apr. 2023 )
=-5.912/( (0.358+-0.022)/ 2 )
=-5.912/0.168
=-3,519.05 %

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


Advanced Proteome Therapeutics  (OTCPK:APTCF) 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.


Advanced Proteome Therapeutics Return-on-Tangible-Equity Related Terms

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Advanced Proteome Therapeutics (Advanced Proteome Therapeutics) Business Description

Traded in Other Exchanges
Address
8337 Eastlake Drive, Suite 104, Burnaby, BC, CAN, V5A 4W2
Advanced Proteome Therapeutics Corp is a biotechnology company. It develops and commercializes a platform to use protein modification technologies to create proprietary human protein pharmaceuticals with therapeutic properties. The company develops anti-cancer drugs for cancerous tumors that will destroy a cancer patient's tumor cells selectively, sparing healthy cells. All the operations of the organization are principally carried out in the United States.

Advanced Proteome Therapeutics (Advanced Proteome Therapeutics) Headlines