Trafford Resources (ASX:TRF) Return-on-Tangible-Equity : -66.30% (As of Dec. 2014)

Trafford Resources Return-on-Tangible-Equity Chart

Trafford Resources Annual Data
	Trend	Jun06	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14
Return-on-Tangible-Equity		Get a 7-Day Free Trial				-13.60	15.31	-1.25	-101.12	-42.45

Trafford Resources Semi-Annual Data
	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14
Return-on-Tangible-Equity	Get a 7-Day Free Trial														-34.32	-204.96	34.16	-111.35	-66.30

Competitive Comparison of Trafford Resources's Return-on-Tangible-Equity

For the Other Industrial Metals & Mining subindustry, Trafford Resources'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.

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

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

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

Trafford Resources Return-on-Tangible-Equity Calculation

Trafford Resources's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2014 is calculated as

Trafford Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2014 is calculated as

* 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 two times the semi-annual (Dec. 2014) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

Trafford Resources  (ASX:TRF) 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.

Trafford Resources Return-on-Tangible-Equity Related Terms

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Trafford Resources (ASX:TRF) Business Description