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Cooper Metals (ASX:CPM) Return-on-Tangible-Equity : -6.66% (As of Dec. 2024)


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What is Cooper Metals 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. Cooper Metals's annualized net income for the quarter that ended in Dec. 2024 was A$-0.74 Mil. Cooper Metals's average shareholder tangible equity for the quarter that ended in Dec. 2024 was A$11.16 Mil. Therefore, Cooper Metals's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was -6.66%.

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

ASX:CPM' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -16.49   Med: -15.47   Max: -9.17
Current: -9.17

During the past 3 years, Cooper Metals's highest Return-on-Tangible-Equity was -9.17%. The lowest was -16.49%. And the median was -15.47%.

ASX:CPM's Return-on-Tangible-Equity is ranked better than
60.21% of 2370 companies
in the Metals & Mining industry
Industry Median: -17.26 vs ASX:CPM: -9.17

Cooper Metals Return-on-Tangible-Equity Historical Data

The historical data trend for Cooper Metals'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.

Cooper Metals Return-on-Tangible-Equity Chart

Cooper Metals Annual Data
Trend Jun22 Jun23 Jun24
Return-on-Tangible-Equity
-13.34 -16.49 -15.47

Cooper Metals Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Return-on-Tangible-Equity Get a 7-Day Free Trial -16.84 -13.32 -21.57 -11.50 -6.66

Competitive Comparison of Cooper Metals's Return-on-Tangible-Equity

For the Other Industrial Metals & Mining subindustry, Cooper Metals'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.


Cooper Metals's Return-on-Tangible-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Cooper Metals's Return-on-Tangible-Equity distribution charts can be found below:

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


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Cooper Metals Return-on-Tangible-Equity Calculation

Cooper Metals's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=-1.42/( (7.013+11.346 )/ 2 )
=-1.42/9.1795
=-15.47 %

Cooper Metals's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=-0.744/( (11.346+10.981)/ 2 )
=-0.744/11.1635
=-6.66 %

* 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 two times the semi-annual (Dec. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Cooper Metals  (ASX:CPM) 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.


Cooper Metals Return-on-Tangible-Equity Related Terms

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


Cooper Metals Business Description

Traded in Other Exchanges
N/A
Address
216 St Georges Terrace, Level 8, Perth, WA, AUS, 6000
Cooper Metals Ltd is engaged in identifying, exploring and developing copper and gold deposits in Queensland and Western Australia. The company has only one operating segment, being mineral exploration. The company's project includes Mount Isa East and Gooroo Gold.

Cooper Metals Headlines

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