GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cindisue Mining Corp (OTCPK:CDMC) » Definitions » Return-on-Tangible-Equity

Cindisue Mining (Cindisue Mining) Return-on-Tangible-Equity : 0.00% (As of Apr. 2015)


View and export this data going back to 2011. Start your Free Trial

What is Cindisue Mining 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. Cindisue Mining's annualized net income for the quarter that ended in Apr. 2015 was $-0.02 Mil. Cindisue Mining's average shareholder tangible equity for the quarter that ended in Apr. 2015 was $-0.02 Mil. Therefore, Cindisue Mining's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2015 was N/A%.

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

CDMC's Return-on-Tangible-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: -15.95
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Cindisue Mining Return-on-Tangible-Equity Historical Data

The historical data trend for Cindisue Mining'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.

Cindisue Mining Return-on-Tangible-Equity Chart

Cindisue Mining Annual Data
Trend Jan10 Jan11 Jan12 Jan13 Jan14 Jan15
Return-on-Tangible-Equity
Get a 7-Day Free Trial - - - - -

Cindisue Mining Quarterly Data
Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15
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 - - - - -

Competitive Comparison of Cindisue Mining's Return-on-Tangible-Equity

For the Other Industrial Metals & Mining subindustry, Cindisue Mining'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.


Cindisue Mining's Return-on-Tangible-Equity Distribution in the Metals & Mining Industry

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

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



Cindisue Mining Return-on-Tangible-Equity Calculation

Cindisue Mining's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jan. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jan. 2015 )  (A: Jan. 2014 )(A: Jan. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jan. 2015 )  (A: Jan. 2014 )(A: Jan. 2015 )
=-0.025/( (-0.043+-0.033 )/ 2 )
=-0.025/-0.038
=N/A %

Cindisue Mining's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Apr. 2015 )  (Q: Jan. 2015 )(Q: Apr. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Apr. 2015 )  (Q: Jan. 2015 )(Q: Apr. 2015 )
=-0.024/( (-0.033+-0.007)/ 2 )
=-0.024/-0.02
=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 (Apr. 2015) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Cindisue Mining  (OTCPK:CDMC) 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.


Cindisue Mining Return-on-Tangible-Equity Related Terms

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


Cindisue Mining (Cindisue Mining) Business Description

Traded in Other Exchanges
N/A
Address
Website
Cindisue Mining Corp is an exploration stage company. The Company is engaged in the acquisition, exploration and development of natural resource properties.

Cindisue Mining (Cindisue Mining) Headlines

No Headlines