Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Century Cobalt's annualized net income for the quarter that ended in Aug. 2022 was $-0.57 Mil. Century Cobalt's average shareholder tangible equity for the quarter that ended in Aug. 2022 was $-1.75 Mil. Therefore, Century Cobalt's annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2022 was N/A%.
The historical rank and industry rank for Century Cobalt's Return-on-Tangible-Equity or its related term are showing as below:
CCOB's Return-on-Tangible-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: -16.49 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Century Cobalt (OTCPK:CCOB) 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.
Century Cobalt Return-on-Tangible-Equity Related Terms
Century Cobalt Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Century Cobalt'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.
CCOB vs LBSR, BOXS, BONZ: Return-on-Tangible-Equity Comparison
For the Other Industrial Metals & Mining subindustry, Century Cobalt'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.
Century Cobalt Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Century Cobalt's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Century Cobalt's Return-on-Tangible-Equity falls into.
* 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 (Aug. 2022) 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?
Century Cobalt (CCOB) has a Return-on-Tangible-Equity of 0.00% as of Aug. 2022. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Century Cobalt and its competitors.
Is Century Cobalt's Return-on-Tangible-Equity too high?
Century Cobalt's current Return-on-Tangible-Equity is 0.00%.
How does Century Cobalt's Return-on-Tangible-Equity compare to LBSR and BOXS?
Century Cobalt's 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 Century Cobalt and its competitors. Century Cobalt'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 Century Cobalt stock overvalued right now?
Century Cobalt (CCOB) 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 Century Cobalt (CCOB), the current Return-on-Tangible-Equity is 0.00% as of Aug. 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.
Century Cobalt Corp is an exploration stage company engaged in the acquisition, exploration, and development of mineral properties for the purposes of discovering economical cobalt assets.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CCOB has been successfully added to your 
