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BBHC (TRNX) Return-on-Tangible-Equity : -199.94% (As of Sep. 2019)


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What is BBHC 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. BBHC's annualized net income for the quarter that ended in Sep. 2019 was $-33.06 Mil. BBHC's average shareholder tangible equity for the quarter that ended in Sep. 2019 was $16.53 Mil. Therefore, BBHC's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2019 was -199.94%.

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

TRNX's Return-on-Tangible-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 8.96
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

BBHC Return-on-Tangible-Equity Historical Data

The historical data trend for BBHC'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.

BBHC Return-on-Tangible-Equity Chart

BBHC Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -67.29 -75.59 -262.77 -365.34 -168.26

BBHC Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 -145.96 -162.90 -170.38 -138.26 -199.94

Competitive Comparison of BBHC's Return-on-Tangible-Equity

For the Oil & Gas Integrated subindustry, BBHC'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.


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

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

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



BBHC Return-on-Tangible-Equity Calculation

BBHC's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2018 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=-15.037/( (4.752+13.122 )/ 2 )
=-15.037/8.937
=-168.26 %

BBHC's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2019 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2019 )  (Q: Jun. 2019 )(Q: Sep. 2019 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2019 )  (Q: Jun. 2019 )(Q: Sep. 2019 )
=-33.056/( (15.29+17.776)/ 2 )
=-33.056/16.533
=-199.94 %

* 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 (Sep. 2019) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


BBHC  (OTCPK:TRNX) 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.


BBHC Return-on-Tangible-Equity Related Terms

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


BBHC (TRNX) Business Description

Industry
Traded in Other Exchanges
N/A
Address
300 West Clarendon Avenue, Suite 230, Phoenix, AZ, USA, 85013
BBHC Inc, formerly Taronis Technologies Inc owns a patented plasma arc technology that enable two end use applications for fuel generation and water decontamination. The company's fuel technology enables use of hydrocarbon based waste streams to be converted to fossil fuel substitutes.
Executives
Kevin Pollack director 150 RAINVILLE ROAD, TARPON SPRINGS FL 34689
Scott Mahoney director, officer: CEO, President & Director 4800 NORTH SCOTTSDALE ROAD SUITE 1400 SCOTTSDALE AZ 85251
Dingess, Robert L. director 150 RAINVILLE ROAD TARPON SPRINGS FL 34689
Tyler B. Wilson officer: CFO P.O. BOX 8129 ASPEN CO 81612
Staunton William W Iii director
Luisa Ingargiola director 4826 BLUE JAY CIRCLE, PALM HARBOR FL 34683
Carla Santilli director 90 EASTWINDS CT., PALM HARBOR FL 34683
Jacques Kerrest director 7436 OLD MAPLE SQUARE, MCLEAN VA 22102-2817
Ruggero M Santilli director, 10 percent owner 35246 US 19 NORTH N.215, PALM HARBOR FL 34684
Global Beta, Llc 10 percent owner 150 RAINVILLE ROAD, TARPON SPRINGS FL 34689

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