BMXI (Brookmount Explorations) Return-on-Tangible-Equity: 0.00% (As of Nov. 2009)

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What is Brookmount Explorations Return-on-Tangible-Equity?

Brookmount Explorations BMXI +1.50% Return-on-Tangible-Equity is 0.00% as of Nov. 2009.

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. Brookmount Explorations's annualized net income for the quarter that ended in Nov. 2009 was $-0.37 Mil. Brookmount Explorations's average shareholder tangible equity for the quarter that ended in Nov. 2009 was $-0.68 Mil. Therefore, Brookmount Explorations's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2009 was N/A%.

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

BMXI's Return-on-Tangible-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: -16.48
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Brookmount Explorations  (OTCPK:BMXI) 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.


Brookmount Explorations Return-on-Tangible-Equity Related Terms


Brookmount Explorations Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Brookmount Explorations'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.

Brookmount Explorations Return-on-Tangible-Equity Chart

Brookmount Explorations Annual Data
Trend Nov03 Nov04 Nov05 Nov06 Nov07 Nov08 Nov09
Return-on-Tangible-Equity
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Brookmount Explorations Semi-Annual Data
Nov03 Nov04 Nov05 Nov06 Nov07 Nov08 Nov09
Return-on-Tangible-Equity Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

BMXI vs GLNS, MAGE, RYES: Return-on-Tangible-Equity Comparison

For the Gold subindustry, Brookmount Explorations'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.


Brookmount Explorations Return-on-Tangible-Equity vs Metals & Mining Industry

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

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



Brookmount Explorations Return-on-Tangible-Equity Calculation

Brookmount Explorations's annualized Return-on-Tangible-Equity for the fiscal year that ended in Nov. 2009 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Nov. 2009 )  (A: Nov. 2008 )(A: Nov. 2009 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Nov. 2009 )  (A: Nov. 2008 )(A: Nov. 2009 )
=-0.366/( (-0.594+-0.763 )/ 2 )
=-0.366/-0.6785
=N/A %

Brookmount Explorations's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2009 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Nov. 2009 )  (Q: Nov. 2008 )(Q: Nov. 2009 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Nov. 2009 )  (Q: Nov. 2008 )(Q: Nov. 2009 )
=-0.366/( (-0.594+-0.763)/ 2 )
=-0.366/-0.6785
=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 (Nov. 2009) 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?
Brookmount Explorations (BMXI) has a Return-on-Tangible-Equity of 0.00% as of Nov. 2009. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Brookmount Explorations and its competitors.
Is Brookmount Explorations' Return-on-Tangible-Equity too high?
Brookmount Explorations' current Return-on-Tangible-Equity is 0.00%.
How does Brookmount Explorations' Return-on-Tangible-Equity compare to GLNS and MAGE?
Brookmount Explorations' 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 Brookmount Explorations and its competitors. Brookmount Explorations'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 Brookmount Explorations stock overvalued right now?
Brookmount Explorations (BMXI) 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 Brookmount Explorations (BMXI), the current Return-on-Tangible-Equity is 0.00% as of Nov. 2009. 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.

Brookmount Explorations Business Description

Address 1 East Liberty, Suite 600, Reno, NV, USA, 89501
Brookmount Explorations is a United States-based company that encompasses the exploration, extraction, processing, and sale of gold bullion through locally based trading houses. The Company currently operates two individual mining sites in the North Minahasa region of Sulawesi Province, Indonesia: one at Talawaan, near the regional capital Manado. The other site is located at Ratatotock. In addition, the Company has also acquired an interest in the Moosehorn Gold Project, located southwest of Dawson City, Yukon, Canada, and two additional gold projects in the Tintina Gold Belt in Alaska. The Company operates predominantly in one industry and one geographical segment, those being gold mining and Indonesia.