GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Future Farm Technologies Inc (XCNQ:FFT) » Definitions » Return-on-Tangible-Equity

Future Farm Technologies (XCNQ:FFT) Return-on-Tangible-Equity : 0.00% (As of Nov. 2019)


View and export this data going back to 2016. Start your Free Trial

What is Future Farm Technologies 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. Future Farm Technologies's annualized net income for the quarter that ended in Nov. 2019 was C$-8.02 Mil. Future Farm Technologies's average shareholder tangible equity for the quarter that ended in Nov. 2019 was C$-0.78 Mil. Therefore, Future Farm Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2019 was N/A%.

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

XCNQ:FFT's Return-on-Tangible-Equity is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 7.66
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Future Farm Technologies Return-on-Tangible-Equity Historical Data

The historical data trend for Future Farm Technologies'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.

Future Farm Technologies Return-on-Tangible-Equity Chart

Future Farm Technologies Annual Data
Trend Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -298.15 -407.24 -1,607.10 -556.05

Future Farm Technologies Quarterly Data
Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19
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 -380.92 -829.23 -1,727.87 -

Competitive Comparison of Future Farm Technologies's Return-on-Tangible-Equity

For the Farm Products subindustry, Future Farm Technologies'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.


Future Farm Technologies's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Future Farm Technologies's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Future Farm Technologies's Return-on-Tangible-Equity falls into.



Future Farm Technologies Return-on-Tangible-Equity Calculation

Future Farm Technologies's annualized Return-on-Tangible-Equity for the fiscal year that ended in Feb. 2019 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Feb. 2019 )  (A: Feb. 2018 )(A: Feb. 2019 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Feb. 2019 )  (A: Feb. 2018 )(A: Feb. 2019 )
=-9.122/( (0.113+3.168 )/ 2 )
=-9.122/1.6405
=-556.05 %

Future Farm Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2019 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Nov. 2019 )  (Q: Aug. 2019 )(Q: Nov. 2019 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Nov. 2019 )  (Q: Aug. 2019 )(Q: Nov. 2019 )
=-8.02/( (0.036+-1.599)/ 2 )
=-8.02/-0.7815
=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 (Nov. 2019) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Future Farm Technologies  (XCNQ:FFT) 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.


Future Farm Technologies Return-on-Tangible-Equity Related Terms

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


Future Farm Technologies (XCNQ:FFT) Business Description

Traded in Other Exchanges
N/A
Address
543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8
Future Farm Technologies Inc is an indoor plant growth technology company. It operates through the following segments: Indoor plant growth technology specializing in LED lighting and vertical farming solutions; and the operation of an ornamental plant greenhouse. The firm generates majority revenue from Nursery plants.

Future Farm Technologies (XCNQ:FFT) Headlines

No Headlines