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Quad Energy (Quad Energy) Return-on-Tangible-Equity : 0.00% (As of . 20)


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What is Quad Energy Return-on-Tangible-Equity?

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. Quad Energy's annualized net income for the quarter that ended in . 20 was $ Mil. Quad Energy's average shareholder tangible equity for the quarter that ended in . 20 was $ Mil. Therefore, Quad Energy's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 was %.

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

CDID's Return-on-Tangible-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 8.13
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Quad Energy Return-on-Tangible-Equity Historical Data

The historical data trend for Quad Energy'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.

* Premium members only.

Quad Energy Return-on-Tangible-Equity Chart

Quad Energy Annual Data
Trend
Return-on-Tangible-Equity

Quad Energy Quarterly Data
Return-on-Tangible-Equity

Competitive Comparison of Quad Energy's Return-on-Tangible-Equity

For the Oil & Gas E&P subindustry, Quad Energy'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.


Quad Energy's Return-on-Tangible-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Quad Energy's Return-on-Tangible-Equity distribution charts can be found below:

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



Quad Energy Return-on-Tangible-Equity Calculation

Quad Energy's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

Quad Energy's annualized Return-on-Tangible-Equity for the quarter that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

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


Quad Energy  (OTCPK:CDID) 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.


Quad Energy Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Quad Energy's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Quad Energy (Quad Energy) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3208C East Colonial Drive, Suite 227, Orlando, FL, USA, 32803
Quad Energy Corp is engaged in the exploration and development of mineral, oil and gas properties, with offices located in Calgary, Alberta, Canada.

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