GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Hallador Energy Co (NAS:HNRG) » Definitions » Return-on-Tangible-Equity

Hallador Energy Co (Hallador Energy Co) Return-on-Tangible-Equity : -15.17% (As of Dec. 2023)


View and export this data going back to 1981. Start your Free Trial

What is Hallador Energy Co 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. Hallador Energy Co's annualized net income for the quarter that ended in Dec. 2023 was $-41.0 Mil. Hallador Energy Co's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $270.1 Mil. Therefore, Hallador Energy Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -15.17%.

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

HNRG' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -26.82   Med: 5.7   Max: 18.52
Current: 17.95

During the past 13 years, Hallador Energy Co's highest Return-on-Tangible-Equity was 18.52%. The lowest was -26.82%. And the median was 5.70%.

HNRG's Return-on-Tangible-Equity is ranked better than
60.69% of 173 companies
in the Other Energy Sources industry
Industry Median: 8.56 vs HNRG: 17.95

Hallador Energy Co Return-on-Tangible-Equity Historical Data

The historical data trend for Hallador Energy Co'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.

Hallador Energy Co Return-on-Tangible-Equity Chart

Hallador Energy Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26.82 -3.30 -2.04 9.11 18.52

Hallador Energy Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 60.18 39.01 27.50 24.42 -15.17

Competitive Comparison of Hallador Energy Co's Return-on-Tangible-Equity

For the Thermal Coal subindustry, Hallador Energy Co'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.


Hallador Energy Co's Return-on-Tangible-Equity Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Hallador Energy Co's Return-on-Tangible-Equity distribution charts can be found below:

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



Hallador Energy Co Return-on-Tangible-Equity Calculation

Hallador Energy Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=44.793/( (215.024+268.588 )/ 2 )
=44.793/241.806
=18.52 %

Hallador Energy Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-40.992/( (271.689+268.588)/ 2 )
=-40.992/270.1385
=-15.17 %

* 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 (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Hallador Energy Co  (NAS:HNRG) 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.


Hallador Energy Co Return-on-Tangible-Equity Related Terms

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


Hallador Energy Co (Hallador Energy Co) Business Description

Traded in Other Exchanges
Address
1183 East Canvasback Drive, Terre Haute, IN, USA, 47802
Hallador Energy Co is a coal mining company with operations in Indiana, USA, and it is part of the electric power generation industry. The operations of the company are divided into two primary reportable segments, the Coal Operations and Electric Operations segments. The majority of revenue is earned from the Coal Operations segment.
Executives
David C Hardie director, officer: Chairman of the Board 555 DALE DRIVE, INCLINE VILLAGE NV 89451
Heath Aaron Lovell other: President-Hallador Power 10130 NORTH GREEN RIVER ROAD, EVANSVILLE IN 47725
Bryan H Lawrence director C/O CROSSTEX ENERGY HOLDINGS INC, 2501 CEDAR SPRINGS STE 600, DALLAS TX 75201
Robert Todd Davis officer: SVP & CAO 1183 E. CANVASBACK DRIVE, TERRE HAUTE IN 47802
Wesley Charles Ray Iv director 3033 EAST 1ST AVENUE, DENVER CO 80206
Yorktown Energy Partners Viii, L.p. 10 percent owner 410 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022
Yorktown Viii Associates Llc 10 percent owner 410 PARK AVENUE, 19TH FLOOR, NEW YORK NY 10022
David J Lubar director 770 NORTH WATER STREET, ATTN: CORPORATE SECRETARIES DEPT., MILWAUKEE WI 53202
Lawrence D Martin other: CFO - Sunrise Coal, LLC 1183 CANVASBACK DRIVE, TERRE HAUTE IN 47802
Brent K Bilsland director, officer: President 1183 EAST CANVASBACK DRIVE, TERRE HAUTE IN 47802
Victor P Stabio officer: Chairman & Corporate Secretary
W Anderson Bishop officer: Chief Financial Officer 6120 SOUTH YALE AVENUE, SUITE 700, TULSA OK 74136
Hallador Alternative Assets Fund, Llc 10 percent owner 555 DALE DRIVE, INCLINE VILLAGE NV 89451
Steven Hardie director
Yorktown Energy Partners Vii, L.p. 10 percent owner 410 PARK AVENUE, 20TH FLOOR, NEW YORK NY 10022