BHHKF (Craftport Cannabis) Return-on-Tangible-Equity: % (As of Sep. 2022)

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BHHKF Craftport Cannabis Corp BHHKF
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What is Craftport Cannabis Return-on-Tangible-Equity?

Craftport Cannabis BHHKF 10 Return-on-Tangible-Equity is % as of Sep. 2022. GuruFocus rates BHHKF with a GF Score™ of 10/100.

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. Craftport Cannabis's annualized net income for the quarter that ended in Sep. 2022 was $-2.26 Mil. Craftport Cannabis's average shareholder tangible equity for the quarter that ended in Sep. 2022 was $0.00 Mil. Therefore, Craftport Cannabis's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2022 was N/A%.

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

BHHKF's Return-on-Tangible-Equity is not ranked *
in the Drug Manufacturers industry.
Industry Median: 7.515
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Craftport Cannabis  (OTCPK:BHHKF) 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.


Craftport Cannabis Return-on-Tangible-Equity Related Terms


Craftport Cannabis Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Craftport Cannabis'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.

Craftport Cannabis Return-on-Tangible-Equity Chart

Craftport Cannabis Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -76.25 -88.21 -35.98 -81.58 -691.39

Craftport Cannabis 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 -137.93 - - - -

BHHKF vs ZTS, CTLT, VTRS: Return-on-Tangible-Equity Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Craftport Cannabis'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.


Craftport Cannabis Return-on-Tangible-Equity vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Craftport Cannabis's Return-on-Tangible-Equity distribution charts can be found below:

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


BHHKF
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Craftport Cannabis Corp BHHKF
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Craftport Cannabis Return-on-Tangible-Equity Calculation

Craftport Cannabis'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 )
=-8.0254216852075/( (+ )/ 1 )
=-8.0254216852075/0
=N/A %

Craftport Cannabis'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 )
=-2.2628676427088/( (+)/ 1 )
=-2.2628676427088/0
=N/A %

* 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 % mean?
Craftport Cannabis (BHHKF) has a Return-on-Tangible-Equity of % 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 Craftport Cannabis and its competitors.
Is Craftport Cannabis' Return-on-Tangible-Equity too high?
Craftport Cannabis' current Return-on-Tangible-Equity is %. Overall, Craftport Cannabis has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Craftport Cannabis' Return-on-Tangible-Equity compare to ZTS and CTLT?
Craftport Cannabis' Return-on-Tangible-Equity of % can be compared against companies in the Drug Manufacturers industry. The industry median Return-on-Tangible-Equity is 7.52. 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 Drug Manufacturers company?
The median Return-on-Tangible-Equity among Drug Manufacturers companies is 7.52, based on 902 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. 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 Craftport Cannabis and its competitors. For the Drug Manufacturers industry, the median Return-on-Tangible-Equity is 7.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Craftport Cannabis's current Return-on-Tangible-Equity is %. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Craftport Cannabis stock overvalued right now?
Craftport Cannabis (BHHKF) has a current Return-on-Tangible-Equity of %. The current Return-on-Tangible-Equity is %. Craftport Cannabis' overall GF Score™ is 10/100. 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 Craftport Cannabis (BHHKF), the current Return-on-Tangible-Equity is % 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.

Craftport Cannabis Business Description

Address 4715 Paradise Valley Drive, Peachland, BC, CAN, V0H 1X3
Craftport Cannabis Corp is a cannabis licensed producer based in British Columbia. The Company intends to focus on the Canadian premium craft cannabis recreational market by initially utilizing an asset light model. It intends to leverage legacy roots and know how in order to introduce unique genetics and strains to the Canadian market.
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