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Volcan Compania MineraA (LIM:VOLCABC1) Return-on-Tangible-Equity : 17.27% (As of Jun. 2024)


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What is Volcan Compania MineraA 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. Volcan Compania MineraA's annualized net income for the quarter that ended in Jun. 2024 was S/.157 Mil. Volcan Compania MineraA's average shareholder tangible equity for the quarter that ended in Jun. 2024 was S/.907 Mil. Therefore, Volcan Compania MineraA's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 was 17.27%.

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

LIM:VOLCABC1' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -252.53   Med: -11.86   Max: 14.62
Current: -2.59

During the past 13 years, Volcan Compania MineraA's highest Return-on-Tangible-Equity was 14.62%. The lowest was -252.53%. And the median was -11.86%.

LIM:VOLCABC1's Return-on-Tangible-Equity is ranked better than
73.68% of 2413 companies
in the Metals & Mining industry
Industry Median: -17.65 vs LIM:VOLCABC1: -2.59

Volcan Compania MineraA Return-on-Tangible-Equity Historical Data

The historical data trend for Volcan Compania MineraA'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.

Volcan Compania MineraA Return-on-Tangible-Equity Chart

Volcan Compania MineraA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -161.41 9.63 -20.81 -2.91

Volcan Compania MineraA Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -13.64 0.12 1.14 -30.26 17.27

Competitive Comparison of Volcan Compania MineraA's Return-on-Tangible-Equity

For the Other Industrial Metals & Mining subindustry, Volcan Compania MineraA'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.


Volcan Compania MineraA's Return-on-Tangible-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Volcan Compania MineraA's Return-on-Tangible-Equity falls into.



Volcan Compania MineraA Return-on-Tangible-Equity Calculation

Volcan Compania MineraA'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 )
=-37.661/( (1318.73+1269.876 )/ 2 )
=-37.661/1294.303
=-2.91 %

Volcan Compania MineraA's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=156.664/( (645.455+1169.162)/ 2 )
=156.664/907.3085
=17.27 %

* 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 (Jun. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Volcan Compania MineraA  (LIM:VOLCABC1) 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.


Volcan Compania MineraA Return-on-Tangible-Equity Related Terms

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Volcan Compania MineraA Business Description

Traded in Other Exchanges
Address
Avenida Manuel Olguin 373, Santiago de Surco, Lima, PER
Volcan Compania Minera SAA is a Peruvian mining company. All of its operations are located in the central mountains of the Peruvian Andes, which include operating units such as Yauli, Chungar, Alpamarca, and Cerro de Pasco. These four operating units include a total of 10 mines, seven concentrator plants, and an oxide leaching plant. Zinc constitutes the largest contribution to consolidated revenue, and with silver, makes up the vast majority of sales. In addition to the zinc and silver business, the company also mines lead, copper, and gold.

Volcan Compania MineraA Headlines

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