AURQF (Aurelius Minerals) Return-on-Tangible-Equity: -204.57% (As of Sep. 2022)

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What is Aurelius Minerals Return-on-Tangible-Equity?

Aurelius Minerals AURQF +50.00% Return-on-Tangible-Equity is -204.57% as of Sep. 2022.

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. Aurelius Minerals's annualized net income for the quarter that ended in Sep. 2022 was $-3.00 Mil. Aurelius Minerals's average shareholder tangible equity for the quarter that ended in Sep. 2022 was $1.46 Mil. Therefore, Aurelius Minerals's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 was -204.57%.

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

AURQF's Return-on-Tangible-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: -16.41
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Aurelius Minerals  (OTCPK:AURQF) 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.


Aurelius Minerals Return-on-Tangible-Equity Related Terms


Aurelius Minerals Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Aurelius Minerals'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.

Aurelius Minerals Return-on-Tangible-Equity Chart

Aurelius Minerals Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -164.60 -118.18 -139.24 -162.80 -220.31

Aurelius Minerals Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -164.63 -263.75 -165.05 -183.39 -204.57

AURQF vs NEM: Return-on-Tangible-Equity Comparison

For the Gold subindustry, Aurelius Minerals'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.


Aurelius Minerals Return-on-Tangible-Equity vs Metals & Mining Industry

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

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



Aurelius Minerals Return-on-Tangible-Equity Calculation

Aurelius Minerals's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=-6.313/( (3.418+2.313 )/ 2 )
=-6.313/2.8655
=-220.31 %

Aurelius Minerals's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=-2.996/( (1.756+1.173)/ 2 )
=-2.996/1.4645
=-204.57 %

* 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. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of -204.57% mean?
Aurelius Minerals (AURQF) has a Return-on-Tangible-Equity of -204.57% as of Sep. 2022. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Aurelius Minerals and its competitors.
Is Aurelius Minerals' Return-on-Tangible-Equity too high?
Aurelius Minerals' current Return-on-Tangible-Equity is -204.57%.
How does Aurelius Minerals' Return-on-Tangible-Equity compare to NEM?
Aurelius Minerals' Return-on-Tangible-Equity of -204.57% 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 Aurelius Minerals and its competitors. Aurelius Minerals's current Return-on-Tangible-Equity is -204.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aurelius Minerals stock overvalued right now?
Aurelius Minerals (AURQF) has a current Return-on-Tangible-Equity of -204.57%. The current Return-on-Tangible-Equity is -204.57%. 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 Aurelius Minerals (AURQF), the current Return-on-Tangible-Equity is -204.57% as of Sep. 2022. 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.

Aurelius Minerals Business Description

Address 110 Yonge Street, Suite 1900, Toronto, ON, CAN, M5C 1T4
Aurelius Minerals Inc is a gold exploration company which holds the Aureus Gold Properties, including Aureus East and West and the Forest Hill Gold Project located in Nova Scotia. The company also holds a gold project in the Abitibi Greenstone Belt in Ontario, Canada; the 968- hectare Mikwam Property, in the Burntbush area on the Casa Berardi trend.