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Crown Energy AB (NGM:CRWN) Return-on-Tangible-Equity : 0.00% (As of Mar. 2024)


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What is Crown Energy AB 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. Crown Energy AB's annualized net income for the quarter that ended in Mar. 2024 was kr-152.32 Mil. Crown Energy AB's average shareholder tangible equity for the quarter that ended in Mar. 2024 was kr-1,922.46 Mil. Therefore, Crown Energy AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was N/A%.

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

During the past 13 years, Crown Energy AB's highest Return-on-Tangible-Equity was 22.17%. The lowest was -33.53%. And the median was -2.39%.

NGM:CRWN's Return-on-Tangible-Equity is not ranked *
in the Real Estate industry.
Industry Median: 2.85
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Crown Energy AB Return-on-Tangible-Equity Historical Data

The historical data trend for Crown Energy AB'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.

Crown Energy AB Return-on-Tangible-Equity Chart

Crown Energy AB 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 17.67 7.15 -5.13 -2.39 Negative Tangible Equity

Crown Energy AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - Negative Tangible Equity Negative Tangible Equity - -

Competitive Comparison of Crown Energy AB's Return-on-Tangible-Equity

For the Real Estate Services subindustry, Crown Energy AB'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.


Crown Energy AB's Return-on-Tangible-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Crown Energy AB's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Crown Energy AB's Return-on-Tangible-Equity falls into.



Crown Energy AB Return-on-Tangible-Equity Calculation

Crown Energy AB'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 )
=11.751/( (725.365+-1904.441 )/ 2 )
=11.751/-589.538
=Negative Tangible Equity %

Crown Energy AB's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-152.32/( (-1904.441+-1940.488)/ 2 )
=-152.32/-1922.4645
=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 (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Crown Energy AB  (NGM:CRWN) 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.


Crown Energy AB Return-on-Tangible-Equity Related Terms

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


Crown Energy AB (NGM:CRWN) Business Description

Traded in Other Exchanges
Address
Skeppargatan 27, Stockholm, SWE, SE-114 52
Crown Energy AB is a Sweden based oil and gas company. It is principally engaged in the business activity of exploration and production in underexplored areas, initially in Africa and the Middle East. The firm creates value by finding and developing assets in early stages and then introducing oil and gas industry participants to the projects for further development and production. The group has operations in Equatorial Guinea, South Africa, Madagascar, and Iraq.

Crown Energy AB (NGM:CRWN) Headlines

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