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Tamino Minerals (Tamino Minerals) ROE % : -65.06% (As of Jun. 2006)


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What is Tamino Minerals ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Tamino Minerals's annualized net income for the quarter that ended in Jun. 2006 was $-2.02 Mil. Tamino Minerals's average Total Stockholders Equity over the quarter that ended in Jun. 2006 was $3.10 Mil. Therefore, Tamino Minerals's annualized ROE % for the quarter that ended in Jun. 2006 was -65.06%.

The historical rank and industry rank for Tamino Minerals's ROE % or its related term are showing as below:

TINO's ROE % is not ranked *
in the Metals & Mining industry.
Industry Median: -16.065
* Ranked among companies with meaningful ROE % only.

Tamino Minerals ROE % Historical Data

The historical data trend for Tamino Minerals's ROE % 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.

Tamino Minerals ROE % Chart

Tamino Minerals Annual Data
Trend Jun96 Jun97 Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -750.06 Negative Equity 172.57 65.44 -4.45

Tamino Minerals Quarterly Data
Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06
ROE % 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 -34.43 -6.39 -26.91 -28.73 -65.06

Competitive Comparison of Tamino Minerals's ROE %

For the Other Industrial Metals & Mining subindustry, Tamino Minerals's ROE %, along with its competitors' market caps and ROE % 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.


Tamino Minerals's ROE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Tamino Minerals's ROE % distribution charts can be found below:

* The bar in red indicates where Tamino Minerals's ROE % falls into.



Tamino Minerals ROE % Calculation

Tamino Minerals's annualized ROE % for the fiscal year that ended in Jun. 2005 is calculated as

ROE %=Net Income (A: Jun. 2005 )/( (Total Stockholders Equity (A: Jun. 2004 )+Total Stockholders Equity (A: Jun. 2005 ))/ count )
=-0.155/( (3.572+3.397)/ 2 )
=-0.155/3.4845
=-4.45 %

Tamino Minerals's annualized ROE % for the quarter that ended in Jun. 2006 is calculated as

ROE %=Net Income (Q: Jun. 2006 )/( (Total Stockholders Equity (Q: Mar. 2006 )+Total Stockholders Equity (Q: Jun. 2006 ))/ count )
=-2.016/( (3.34+2.857)/ 2 )
=-2.016/3.0985
=-65.06 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jun. 2006) net income data. ROE % is displayed in the 30-year financial page.


Tamino Minerals  (OTCPK:TINO) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Jun. 2006 )
=Net Income/Total Stockholders Equity
=-2.016/3.0985
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2.016 / 4.172)*(4.172 / 4.039)*(4.039 / 3.0985)
=Net Margin %*Asset Turnover*Equity Multiplier
=-48.32 %*1.0329*1.3035
=ROA %*Equity Multiplier
=-49.91 %*1.3035
=-65.06 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Jun. 2006 )
=Net Income/Total Stockholders Equity
=-2.016/3.0985
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-2.016 / -2.016) * (-2.016 / -2.048) * (-2.048 / 4.172) * (4.172 / 4.039) * (4.039 / 3.0985)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.9844 * -49.09 % * 1.0329 * 1.3035
=-65.06 %

Note: The net income data used here is four times the quarterly (Jun. 2006) net income data. The Revenue data used here is four times the quarterly (Jun. 2006) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Tamino Minerals ROE % Related Terms

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Tamino Minerals (Tamino Minerals) Business Description

Traded in Other Exchanges
N/A
Address
367 Muskoka Road 3N, Toronto, ON, CAN, P1H 1H6
Tamino Minerals Inc is engaged in exploration in Mexico for precious metals including copper, lead and zinc. It has several properties in a highly prospective area for gold in Mexico known as the Las Amalias Mine and it continues to evaluate and develop economic opportunities.
Executives
Lars Fuhrken Batista officer: V.P. of Development CO EGAMES, INC. 2000 CABOT BLVD. WEST, SUITE 110 LANGHORNE PA 19047-1811
Aiken Robert M Jr director