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Indophil Resources NL (ASX:IRN) Return-on-Tangible-Equity : -0.02% (As of Jun. 2014)


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What is Indophil Resources NL 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. Indophil Resources NL's annualized net income for the quarter that ended in Jun. 2014 was A$-0.08 Mil. Indophil Resources NL's average shareholder tangible equity for the quarter that ended in Jun. 2014 was A$402.88 Mil. Therefore, Indophil Resources NL's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2014 was -0.02%.

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

ASX:IRN' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -50.24   Med: -0.58   Max: 626.68
Current: 0.03

During the past 12 years, Indophil Resources NL's highest Return-on-Tangible-Equity was 626.68%. The lowest was -50.24%. And the median was -0.58%.

ASX:IRN's Return-on-Tangible-Equity is not ranked
in the Metals & Mining industry.
Industry Median: -16.58 vs ASX:IRN: 0.03

Indophil Resources NL Return-on-Tangible-Equity Historical Data

The historical data trend for Indophil Resources NL'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.

Indophil Resources NL Return-on-Tangible-Equity Chart

Indophil Resources NL Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.17 1.12 0.30 1.17 -23.14

Indophil Resources NL Semi-Annual Data
Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
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 2.24 0.10 -46.36 0.07 -0.02

Competitive Comparison of Indophil Resources NL's Return-on-Tangible-Equity

For the Copper subindustry, Indophil Resources NL'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.


Indophil Resources NL's Return-on-Tangible-Equity Distribution in the Metals & Mining Industry

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

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



Indophil Resources NL Return-on-Tangible-Equity Calculation

Indophil Resources NL's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2013 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2013 )  (A: Dec. 2012 )(A: Dec. 2013 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2013 )  (A: Dec. 2012 )(A: Dec. 2013 )
=-105.452/( (508.353+402.901 )/ 2 )
=-105.452/455.627
=-23.14 %

Indophil Resources NL's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2014 )  (Q: Dec. 2013 )(Q: Jun. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2014 )  (Q: Dec. 2013 )(Q: Jun. 2014 )
=-0.078/( (402.901+402.862)/ 2 )
=-0.078/402.8815
=-0.02 %

* 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 (Jun. 2014) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Indophil Resources NL  (ASX:IRN) 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.


Indophil Resources NL Return-on-Tangible-Equity Related Terms

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Indophil Resources NL (ASX:IRN) Business Description

Traded in Other Exchanges
N/A
Address
Indophil Resources NL (IRN) is a minerals exploration company operating solely within the Philippines. IRN have a focus on gold and base metal projects. Their main focus is on the development of the Tampakan Copper Project.

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