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Copper Fox Metals (TSXV:CUU) ROE %

: -1.13% (As of Jan. 2024)
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ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Copper Fox Metals's annualized net income for the quarter that ended in Jan. 2024 was C$-0.92 Mil. Copper Fox Metals's average Total Stockholders Equity over the quarter that ended in Jan. 2024 was C$81.76 Mil. Therefore, Copper Fox Metals's annualized ROE % for the quarter that ended in Jan. 2024 was -1.13%.

The historical rank and industry rank for Copper Fox Metals's ROE % or its related term are showing as below:

TSXV:CUU' s ROE % Range Over the Past 10 Years
Min: -3.44   Med: -1.41   Max: -0.72
Current: -1.32

During the past 13 years, Copper Fox Metals's highest ROE % was -0.72%. The lowest was -3.44%. And the median was -1.41%.

TSXV:CUU's ROE % is ranked better than
77.38% of 2480 companies
in the Metals & Mining industry
Industry Median: -16.015 vs TSXV:CUU: -1.32

Copper Fox Metals ROE % Historical Data

The historical data trend for Copper Fox Metals'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.

Copper Fox Metals Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
ROE %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.44 -0.72 -1.11 -1.63 -1.38

Copper Fox Metals Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
ROE % 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 Premium Member Only Premium Member Only Premium Member Only -1.40 -1.26 -1.74 -1.15 -1.13

Competitive Comparison

For the Copper subindustry, Copper Fox Metals'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.


Copper Fox Metals ROE % Distribution

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

* The bar in red indicates where Copper Fox Metals's ROE % falls into.



Copper Fox Metals ROE % Calculation

Copper Fox Metals's annualized ROE % for the fiscal year that ended in Oct. 2023 is calculated as

ROE %=Net Income (A: Oct. 2023 )/( (Total Stockholders Equity (A: Oct. 2022 )+Total Stockholders Equity (A: Oct. 2023 ))/ count )
=-1.115/( (79.124+82.213)/ 2 )
=-1.115/80.6685
=-1.38 %

Copper Fox Metals's annualized ROE % for the quarter that ended in Jan. 2024 is calculated as

ROE %=Net Income (Q: Jan. 2024 )/( (Total Stockholders Equity (Q: Oct. 2023 )+Total Stockholders Equity (Q: Jan. 2024 ))/ count )
=-0.924/( (82.213+81.308)/ 2 )
=-0.924/81.7605
=-1.13 %

* 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 (Jan. 2024) net income data. ROE % is displayed in the 30-year financial page.


Copper Fox Metals  (TSXV:CUU) 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: Jan. 2024 )
=Net Income/Total Stockholders Equity
=-0.924/81.7605
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-0.924 / 0)*(0 / 83.439)*(83.439 / 81.7605)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*1.0205
=ROA %*Equity Multiplier
=N/A %*1.0205
=-1.13 %

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: Jan. 2024 )
=Net Income/Total Stockholders Equity
=-0.924/81.7605
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-0.924 / -0.924) * (-0.924 / -0.996) * (-0.996 / 0) * (0 / 83.439) * (83.439 / 81.7605)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 0.9277 * N/A % * 0 * 1.0205
=-1.13 %

Note: The net income data used here is four times the quarterly (Jan. 2024) net income data. The Revenue data used here is four times the quarterly (Jan. 2024) 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.


Copper Fox Metals ROE % Related Terms

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Copper Fox Metals (TSXV:CUU) Business Description

Traded in Other Exchanges
Address
340 - 12th Avenue South West, Suite 650, Calgary, AB, CAN, T2R 1L5
Copper Fox Metals Inc is a Canadian-based resource company. It is focused on the exploration and development of copper mineral properties in Canada and the United States. It has interests in the Van Dyke Project, Sombrero Butte Project, Mineral Mountain Project, and Schaft Creek Properties, among others. The geographic segments of the group are Canada and the United States. It derives a majority of its revenue from Canada.

Copper Fox Metals (TSXV:CUU) Headlines

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