Cosmo Gold (ASX:CSM) Return-on-Tangible-Equity: 0.00% (As of . 20)


What is Cosmo Gold Return-on-Tangible-Equity?

Cosmo Gold ASX:CSM Return-on-Tangible-Equity is 0.00% as of . 20.

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. Cosmo Gold's annualized net income for the quarter that ended in . 20 was A$ Mil. Cosmo Gold's average shareholder tangible equity for the quarter that ended in . 20 was A$ Mil. Therefore, Cosmo Gold's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

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

ASX:CSM's Return-on-Tangible-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: -16.21
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Cosmo Gold  (ASX:CSM) 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.

Cosmo Gold Return-on-Tangible-Equity Related Terms

Cosmo Gold Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Cosmo Gold'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.

Cosmo Gold Return-on-Tangible-Equity Chart

Cosmo Gold Annual Data
Trend
Return-on-Tangible-Equity

Cosmo Gold Semi-Annual Data
Return-on-Tangible-Equity

ASX:CSM vs : Return-on-Tangible-Equity Comparison

For the Gold subindustry, Cosmo Gold'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.

Cosmo Gold Return-on-Tangible-Equity vs Metals & Mining Industry

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

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


Cosmo Gold Return-on-Tangible-Equity Calculation

Cosmo Gold's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

Cosmo Gold's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 0.00% mean?
Cosmo Gold (ASX:CSM) has a Return-on-Tangible-Equity of 0.00% as of . 20. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Cosmo Gold and its competitors.
Is Cosmo Gold's Return-on-Tangible-Equity too high?
Cosmo Gold's current Return-on-Tangible-Equity is 0.00%.
How does Cosmo Gold's Return-on-Tangible-Equity compare to ?
Cosmo Gold's Return-on-Tangible-Equity of 0.00% can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Metals & Mining company?
A good Return-on-Tangible-Equity depends on the Metals & Mining industry context. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Cosmo Gold and its competitors. Cosmo Gold's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cosmo Gold stock overvalued right now?
Cosmo Gold (ASX:CSM) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Cosmo Gold (ASX:CSM), the current Return-on-Tangible-Equity is 0.00% as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cosmo Gold Business Description

Comparable Companies
Address Level 4, 91 William Street, Melbourne, VIC, AUS, 3000
Cosmo Gold Ltd is a gold exploration and development company focused on the Cosmo Newbery Project located in Western Australia.