BMSPF (Biomass Secure Power) Return-on-Tangible-Equity: 0.00% (As of Jun. 2010)


What is Biomass Secure Power Return-on-Tangible-Equity?

Biomass Secure Power BMSPF Return-on-Tangible-Equity is 0.00% as of Jun. 2010.

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. Biomass Secure Power's annualized net income for the quarter that ended in Jun. 2010 was $-0.26 Mil. Biomass Secure Power's average shareholder tangible equity for the quarter that ended in Jun. 2010 was $-0.22 Mil. Therefore, Biomass Secure Power's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2010 was N/A%.

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

BMSPF's Return-on-Tangible-Equity is not ranked *
in the Forest Products industry.
Industry Median: 2.12
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Biomass Secure Power  (OTCPK:BMSPF) 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.


Biomass Secure Power Return-on-Tangible-Equity Related Terms


Biomass Secure Power Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Biomass Secure Power'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.

Biomass Secure Power Return-on-Tangible-Equity Chart

Biomass Secure Power Annual Data
Trend Jun04 Jun05 Jun09 Jun10
Return-on-Tangible-Equity
-755.56 -367.65 -2,190.48 0.00

Biomass Secure Power Semi-Annual Data
Jun04 Jun05 Jun09 Jun10
Return-on-Tangible-Equity -755.56 -367.65 -2,190.48 0.00

Biomass Secure Power Return-on-Tangible-Equity Competitor Comparison

For the Lumber & Wood Production subindustry, Biomass Secure Power'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.


Biomass Secure Power Return-on-Tangible-Equity vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Biomass Secure Power's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Biomass Secure Power's Return-on-Tangible-Equity falls into.



Biomass Secure Power Return-on-Tangible-Equity Calculation

Biomass Secure Power's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2010 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2010 )  (A: Jun. 2009 )(A: Jun. 2010 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2010 )  (A: Jun. 2009 )(A: Jun. 2010 )
=-0.257/( (-0.088+-0.345 )/ 2 )
=-0.257/-0.2165
=N/A %

Biomass Secure Power's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2010 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2010 )  (Q: Jun. 2009 )(Q: Jun. 2010 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2010 )  (Q: Jun. 2009 )(Q: Jun. 2010 )
=-0.257/( (-0.088+-0.345)/ 2 )
=-0.257/-0.2165
=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 one times the annual (Jun. 2010) 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?
Biomass Secure Power (BMSPF) has a Return-on-Tangible-Equity of 0.00% as of Jun. 2010. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Biomass Secure Power and its competitors.
Is Biomass Secure Power's Return-on-Tangible-Equity too high?
Biomass Secure Power's current Return-on-Tangible-Equity is 0.00%.
How does Biomass Secure Power's Return-on-Tangible-Equity compare to competitors?
Biomass Secure Power's Return-on-Tangible-Equity of 0.00% can be compared against companies in the Forest Products industry. The industry median Return-on-Tangible-Equity is 2.12. 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 Forest Products company?
The median Return-on-Tangible-Equity among Forest Products companies is 2.12, based on 279 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 Biomass Secure Power and its competitors. For the Forest Products industry, the median Return-on-Tangible-Equity is 2.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Biomass Secure Power'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 Biomass Secure Power stock overvalued right now?
Biomass Secure Power (BMSPF) 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 Biomass Secure Power (BMSPF), the current Return-on-Tangible-Equity is 0.00% as of Jun. 2010. 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.

Biomass Secure Power Business Description

Address 125 8590 Sunrise Drive, Chilliwack, BC, CAN, V2R 3Z4
Biomass Secure Power Inc is engaged in the development of a wood pellet plant in Louisiana. The company has two patents that allow it to produce Biocoal with up to 30% more energy per tonne than whitewood pellets. The second patent concerns the briquetting of torrefied chips at high temperature maintaining the adhesive properties of the natural lignin and furans present in the wood fiber. It has developed two revenue streams, Biocoal supply and high carbon product which provides a byproduct that can be used for SAF.