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Kallo (KALO) Return-on-Tangible-Equity : 0.00% (As of Jun. 2022)


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What is Kallo 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. Kallo's annualized net income for the quarter that ended in Jun. 2022 was $-0.51 Mil. Kallo's average shareholder tangible equity for the quarter that ended in Jun. 2022 was $-6.88 Mil. Therefore, Kallo's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2022 was N/A%.

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

KALO's Return-on-Tangible-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.59
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Kallo Return-on-Tangible-Equity Historical Data

The historical data trend for Kallo'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.

Kallo Return-on-Tangible-Equity Chart

Kallo Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Equity
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Kallo Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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Competitive Comparison of Kallo's Return-on-Tangible-Equity

For the Shell Companies subindustry, Kallo'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.


Kallo's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

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

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


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Kallo Return-on-Tangible-Equity Calculation

Kallo's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=-8.093/( (-42.872+-6.496 )/ 2 )
=-8.093/-24.684
=N/A %

Kallo's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=-0.508/( (-6.831+-6.926)/ 2 )
=-0.508/-6.8785
=N/A %

* 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 (Jun. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Kallo  (OTCPK:KALO) 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.


Kallo Return-on-Tangible-Equity Related Terms

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


Kallo Business Description

Traded in Other Exchanges
N/A
Address
255 Duncan Mills Road, Suite 504, Toronto, ON, CAN, M3B 3H9
Kallo Inc is focused on developing customized health care solutions designed to improve or enhance the delivery of care.
Executives
Lloyd A Chiotti director, 10 percent owner, officer: Executive Vice President 954404 7TH LINE EHS, MONO A6 L9W 6G1
Rajni Kassett 10 percent owner 67 SIMMS DRIVE, AJAX A6 L1T3K1
Fe Pharmacy Inc. 10 percent owner 97 KING STREET EAST, OSHAWA A6 LQH 1B8
Vince Leitao director, 10 percent owner, officer: President & COO 150 REGENT STREET, RICHMOND HILL A6 L4C 9N9
Cecil John Thiagaraj Rajarathnam director, 10 percent owner, officer: Chairman, CEO, CFO 410 - 168 BONIS AVENUE, SCARBOROUGH A6 M1T 3V6
Kallo Inc. 10 percent owner 255 DUNCAN MILLS ROAD, SUITE 504, TORONTO A6 M3B 3H9
Samuel Baker director, officer: Secretary 255 DUNCAN MILL ROAD, SUITE 504, TORONTO A6 M3B 3H9
Vinod Gandhi director, officer: Treasurer, CFO 924 MOHAWK ROAD WEST, HAMILTON A6 L9C 6Z3
Mary Kricfalusi director, 10 percent owner, officer: Secretary 186 MAURICE DRIVE, OAKVILLE A6 L6K 2W9
John C Dow director, 10 percent owner, officer: CFO 261 PENN DRIVE, BURLINGTON A6 L7N 2B9
Herb Adams director, 10 percent owner, officer: President 636 MOHAWK ROAD EAST, HAMILTON A6 L8V 2K1

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