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Bettermoo(d) Food (Bettermoo(d) Food) Return-on-Tangible-Equity : 0.00% (As of Jan. 2024)


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What is Bettermoo(d) Food 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. Bettermoo(d) Food's annualized net income for the quarter that ended in Jan. 2024 was $-5.71 Mil. Bettermoo(d) Food's average shareholder tangible equity for the quarter that ended in Jan. 2024 was $-0.16 Mil. Therefore, Bettermoo(d) Food's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 was N/A%.

The historical rank and industry rank for Bettermoo(d) Food's Return-on-Tangible-Equity or its related term are showing as below:

MOOOF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -23968.25   Med: -104.71   Max: -19.15
Current: -23968.25

During the past 13 years, Bettermoo(d) Food's highest Return-on-Tangible-Equity was -19.15%. The lowest was -23,968.25%. And the median was -104.71%.

MOOOF's Return-on-Tangible-Equity is ranked worse than
100% of 1791 companies
in the Consumer Packaged Goods industry
Industry Median: 7.78 vs MOOOF: -23968.25

Bettermoo(d) Food Return-on-Tangible-Equity Historical Data

The historical data trend for Bettermoo(d) Food'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.

Bettermoo(d) Food Return-on-Tangible-Equity Chart

Bettermoo(d) Food Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity - Negative Tangible Equity -

Bettermoo(d) Food Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Oct22 Jan23 Apr23 Oct23 Jan24
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 -269.97 - -2,094.62 -1,809.09 -

Competitive Comparison of Bettermoo(d) Food's Return-on-Tangible-Equity

For the Packaged Foods subindustry, Bettermoo(d) Food'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.


Bettermoo(d) Food's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bettermoo(d) Food's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Bettermoo(d) Food's Return-on-Tangible-Equity falls into.



Bettermoo(d) Food Return-on-Tangible-Equity Calculation

Bettermoo(d) Food's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2020 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=0/( (-0.591+0.251 )/ 2 )
=0/-0.17
=N/A %

Bettermoo(d) Food's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=-5.708/( (-0.161+-0.162)/ 2 )
=-5.708/-0.1615
=N/A %

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


Bettermoo(d) Food  (OTCPK:MOOOF) 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.


Bettermoo(d) Food Return-on-Tangible-Equity Related Terms

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Bettermoo(d) Food (Bettermoo(d) Food) Business Description

Traded in Other Exchanges
Address
1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5
Bettermoo(d) Food Corp is a Nut-based dairy alternative company driven by the motto What A Cow Eats and A Human Needs. Based in Vancouver, It offers plant-based dairy alternatives infused with a proprietary blend of herbs and environmentally conscious and vegan food. Its products comprise plant-based Buetter (Butter), Moogurt (Yogurt), Cheese, Ice Cream, Sour Cream, and Creme Fraiche. The company is focused on delivering high-quality products through online and in-store retail platforms. It utilizes social media to deliver educational experiences for its customer base while demonstrating - pioneering beverage technologies.

Bettermoo(d) Food (Bettermoo(d) Food) Headlines

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