GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » GreenBank Capital Inc (OTCPK:GRNBF) » Definitions » Return-on-Tangible-Equity

GreenBank Capital (GreenBank Capital) Return-on-Tangible-Equity : -17.80% (As of Jan. 2024)


View and export this data going back to 2014. Start your Free Trial

What is GreenBank Capital 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. GreenBank Capital's annualized net income for the quarter that ended in Jan. 2024 was $-0.98 Mil. GreenBank Capital's average shareholder tangible equity for the quarter that ended in Jan. 2024 was $5.53 Mil. Therefore, GreenBank Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 was -17.80%.

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

GRNBF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -568.6   Med: -238.75   Max: 32.83
Current: -55.69

During the past 11 years, GreenBank Capital's highest Return-on-Tangible-Equity was 32.83%. The lowest was -568.60%. And the median was -238.75%.

GRNBF's Return-on-Tangible-Equity is ranked worse than
94.13% of 767 companies
in the Capital Markets industry
Industry Median: 5.46 vs GRNBF: -55.69

GreenBank Capital Return-on-Tangible-Equity Historical Data

The historical data trend for GreenBank Capital'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.

GreenBank Capital Return-on-Tangible-Equity Chart

GreenBank Capital Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -571.65 - -210.99 32.37 -172.70

GreenBank Capital Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 72.71 -4.91 -173.96 -20.98 -17.80

Competitive Comparison of GreenBank Capital's Return-on-Tangible-Equity

For the Capital Markets subindustry, GreenBank Capital'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.


GreenBank Capital's Return-on-Tangible-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, GreenBank Capital's Return-on-Tangible-Equity distribution charts can be found below:

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



GreenBank Capital Return-on-Tangible-Equity Calculation

GreenBank Capital's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jul. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jul. 2023 )  (A: Jul. 2022 )(A: Jul. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jul. 2023 )  (A: Jul. 2022 )(A: Jul. 2023 )
=-7.476/( (2.56+6.098 )/ 2 )
=-7.476/4.329
=-172.70 %

GreenBank Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=-0.984/( (5.57+5.488)/ 2 )
=-0.984/5.529
=-17.80 %

* 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 (Jan. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


GreenBank Capital  (OTCPK:GRNBF) 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.


GreenBank Capital Return-on-Tangible-Equity Related Terms

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


GreenBank Capital (GreenBank Capital) Business Description

Traded in Other Exchanges
Address
100 King Street West, Suite 5700, Toronto, ON, CAN, M5X 1C7
GreenBank Capital Inc is a merchant bank. The company's operating segment include merchant banking, financial services, software development, and mineral exploration. The company is specialized in private equity, public listings, small-cap investments, corporate restructuring, mergers and acquisitions, reverse mergers, and small business incubating.