BTAEF (Beta Energy) Return-on-Tangible-Equity : 0.00% (As of . 20)

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What is Beta Energy 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. Beta Energy's annualized net income for the quarter that ended in . 20 was $ Mil. Beta Energy's average shareholder tangible equity for the quarter that ended in . 20 was $ Mil. Therefore, Beta Energy's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

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

BTAEF's Return-on-Tangible-Equity is not ranked ^*
in the Oil & Gas industry.
Industry Median: 6.79
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Beta Energy Return-on-Tangible-Equity Historical Data

The historical data trend for Beta Energy'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.

Beta Energy Return-on-Tangible-Equity Chart

Beta Energy Annual Data

Trend

Return-on-Tangible-Equity

Beta Energy Semi-Annual Data

Return-on-Tangible-Equity

Competitive Comparison of Beta Energy's Return-on-Tangible-Equity

For the Oil & Gas E&P subindustry, Beta Energy'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.

Beta Energy's Return-on-Tangible-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Beta Energy's Return-on-Tangible-Equity distribution charts can be found below:

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

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Beta Energy Return-on-Tangible-Equity Calculation

Beta Energy's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( (	+	)	/ )
	=		/
	=	%

Beta Energy's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( (	+	)	/ )
	=		/
	=	%

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 one times the annual (. 20) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

Beta Energy (OTCPK:BTAEF) 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.

Beta Energy Return-on-Tangible-Equity Related Terms

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

Beta Energy Business Description

Industry

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Address

789 West Pender Street, Suite 1450, Vancouver, BC, CAN, V6C 1H2

Website

Beta Energy Corp is a development and production company. It is principally engaged in the acquisition and development of oil in Alberta's deep basin.

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