GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Fusion Fuel Green PLC (NAS:HTOO) » Definitions » Return-on-Tangible-Equity

Fusion Fuel Green (Fusion Fuel Green) Return-on-Tangible-Equity : 0.00% (As of Dec. 2023)


View and export this data going back to 2020. Start your Free Trial

What is Fusion Fuel Green 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. Fusion Fuel Green's annualized net income for the quarter that ended in Dec. 2023 was $0.00 Mil. Fusion Fuel Green's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $5.71 Mil. Therefore, Fusion Fuel Green's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 0.00%.

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

HTOO' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -7095.1   Med: -200   Max: 92.01
Current: -167.98

During the past 5 years, Fusion Fuel Green's highest Return-on-Tangible-Equity was 92.01%. The lowest was -7,095.10%. And the median was -200.00%.

HTOO's Return-on-Tangible-Equity is ranked worse than
97.37% of 419 companies
in the Utilities - Independent Power Producers industry
Industry Median: 7.37 vs HTOO: -167.98

Fusion Fuel Green Return-on-Tangible-Equity Historical Data

The historical data trend for Fusion Fuel Green'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.

Fusion Fuel Green Return-on-Tangible-Equity Chart

Fusion Fuel Green Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
-200.00 -7,095.10 92.01 -75.22 -295.78

Fusion Fuel Green Quarterly Data
Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - -28.73 -223.97 - -

Competitive Comparison of Fusion Fuel Green's Return-on-Tangible-Equity

For the Utilities - Renewable subindustry, Fusion Fuel Green'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.


Fusion Fuel Green's Return-on-Tangible-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Fusion Fuel Green's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Fusion Fuel Green's Return-on-Tangible-Equity falls into.



Fusion Fuel Green Return-on-Tangible-Equity Calculation

Fusion Fuel Green's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-33.823/( (25.427+-2.557 )/ 2 )
=-33.823/11.435
=-295.78 %

Fusion Fuel Green'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: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=0/( (13.971+-2.557)/ 2 )
=0/5.707
=0.00 %

* 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.


Fusion Fuel Green  (NAS:HTOO) 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.


Fusion Fuel Green Return-on-Tangible-Equity Related Terms

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


Fusion Fuel Green (Fusion Fuel Green) Business Description

Traded in Other Exchanges
Address
15 - 18 Earlsfort Terrace, Saint Kevin’s, Dublin, IRL, D02 YX28
Fusion Fuel Green PLC is a company that has developed a Green Hydrogen production technology. It is focused on generating cost-effective and competitively priced Green Hydrogen.