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Bengal Energy (TSX:BNG) Return-on-Tangible-Equity : -47.05% (As of Mar. 2025)


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What is Bengal 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. Bengal Energy's annualized net income for the quarter that ended in Mar. 2025 was C$-11.97 Mil. Bengal Energy's average shareholder tangible equity for the quarter that ended in Mar. 2025 was C$25.44 Mil. Therefore, Bengal Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was -47.05%.

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

TSX:BNG' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -38.96   Med: -12.88   Max: 14.11
Current: -15.41

During the past 13 years, Bengal Energy's highest Return-on-Tangible-Equity was 14.11%. The lowest was -38.96%. And the median was -12.88%.

TSX:BNG's Return-on-Tangible-Equity is ranked worse than
80.32% of 986 companies
in the Oil & Gas industry
Industry Median: 6.795 vs TSX:BNG: -15.41

Bengal Energy Return-on-Tangible-Equity Historical Data

The historical data trend for Bengal 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.

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Bengal Energy Return-on-Tangible-Equity Chart

Bengal Energy Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.11 -0.93 1.68 -36.76 -16.16

Bengal Energy Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -137.12 -2.99 -8.53 -5.34 -47.05

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

For the Oil & Gas E&P subindustry, Bengal 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.


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

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

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


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Bengal Energy Return-on-Tangible-Equity Calculation

Bengal Energy's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=-4.181/( (27.706+24.036 )/ 2 )
=-4.181/25.871
=-16.16 %

Bengal Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=-11.972/( (26.851+24.036)/ 2 )
=-11.972/25.4435
=-47.05 %

* 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 (Mar. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Bengal Energy  (TSX:BNG) 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.


Bengal Energy Return-on-Tangible-Equity Related Terms

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


Bengal Energy Business Description

Industry
Traded in Other Exchanges
Address
630 – 6th Avenue SouthWest, Suite 640, Calgary, AB, CAN, T2P 0S8
Bengal Energy Ltd is involved in the exploration, development, and production of oil and gas reserves in Australia. It has two reportable operating segments the Australian oil and gas operations and corporate. The Company's producing assets are predominantly situated in Australia, in the Cooper Basin, a region featuring large hydrocarbon pools.
Executives
Richard Norman Edgar Senior Officer

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