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Regulus Resources (FRA:3LI) Return-on-Tangible-Equity : -5.04% (As of Dec. 2023)


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What is Regulus Resources 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. Regulus Resources's annualized net income for the quarter that ended in Dec. 2023 was €-2.40 Mil. Regulus Resources's average shareholder tangible equity for the quarter that ended in Dec. 2023 was €47.53 Mil. Therefore, Regulus Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -5.04%.

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

FRA:3LI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -23.64   Med: -10.72   Max: 13.53
Current: -3.14

During the past 13 years, Regulus Resources's highest Return-on-Tangible-Equity was 13.53%. The lowest was -23.64%. And the median was -10.72%.

FRA:3LI's Return-on-Tangible-Equity is ranked better than
73.89% of 2463 companies
in the Metals & Mining industry
Industry Median: -16.55 vs FRA:3LI: -3.14

Regulus Resources Return-on-Tangible-Equity Historical Data

The historical data trend for Regulus Resources'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.

Regulus Resources Return-on-Tangible-Equity Chart

Regulus Resources Annual Data
Trend Mar14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.83 -9.94 -10.63 -5.78 -4.89

Regulus Resources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 -7.57 -9.72 -7.63 - -5.04

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

For the Other Industrial Metals & Mining subindustry, Regulus 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.


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

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

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



Regulus Resources Return-on-Tangible-Equity Calculation

Regulus Resources's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=-2.125/( (38.328+48.534 )/ 2 )
=-2.125/43.431
=-4.89 %

Regulus Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-2.396/( (48.534+46.516)/ 2 )
=-2.396/47.525
=-5.04 %

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


Regulus Resources  (FRA:3LI) 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.


Regulus Resources Return-on-Tangible-Equity Related Terms

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


Regulus Resources (FRA:3LI) Business Description

Traded in Other Exchanges
Address
200 Granville Street, Suite 2710, Vancouver, BC, CAN, V6C 1S4
Regulus Resources Inc is an international mineral exploration company. The principal project held by the company is the AntaKori copper-gold-silver project in northern Peru. The AntaKori project hosts a resource with indicated mineral resources of 250 million tonnes with a grade of 0.48 % Cu, 0.29 g/t Au and 7.5 g/t Ag and inferred mineral resources of 267 million tonnes with a grade of 0.41 % Cu, 0.26 g/t Au, and 7.8 g/t Ag. Mineralization remains open in most directions.

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