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Petra Diamonds (CHIX:PDLL) Return-on-Tangible-Equity : -55.63% (As of Dec. 2024)


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What is Petra Diamonds 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. Petra Diamonds's annualized net income for the quarter that ended in Dec. 2024 was £-87.0 Mil. Petra Diamonds's average shareholder tangible equity for the quarter that ended in Dec. 2024 was £156.4 Mil. Therefore, Petra Diamonds's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was -55.63%.

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

CHIX:PDLl' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -112.33   Med: -11.27   Max: 77.16
Current: -55.27

During the past 13 years, Petra Diamonds's highest Return-on-Tangible-Equity was 77.16%. The lowest was -112.33%. And the median was -11.27%.

CHIX:PDLl's Return-on-Tangible-Equity is ranked worse than
72.45% of 2370 companies
in the Metals & Mining industry
Industry Median: -17.28 vs CHIX:PDLl: -55.27

Petra Diamonds Return-on-Tangible-Equity Historical Data

The historical data trend for Petra Diamonds'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.

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Petra Diamonds Return-on-Tangible-Equity Chart

Petra Diamonds Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -112.33 77.16 15.87 -26.03 -30.31

Petra Diamonds Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -10.52 -42.25 -5.62 -54.57 -55.63

Competitive Comparison of Petra Diamonds's Return-on-Tangible-Equity

For the Other Precious Metals & Mining subindustry, Petra Diamonds'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.


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

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

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


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Petra Diamonds Return-on-Tangible-Equity Calculation

Petra Diamonds's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=-67.596/( (254.232+191.784 )/ 2 )
=-67.596/223.008
=-30.31 %

Petra Diamonds's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=-87.01/( (191.784+121.023)/ 2 )
=-87.01/156.4035
=-55.63 %

* 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 two times the semi-annual (Dec. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Petra Diamonds  (CHIX:PDLl) 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.


Petra Diamonds Return-on-Tangible-Equity Related Terms

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


Petra Diamonds Business Description

Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM11
Petra Diamonds Ltd is an independent diamond mining company and supplier of rough diamonds to the international market. Group functions through Mining and Exploration segment which include extraction and sale of rough diamonds from mining operations in South Africa and Tanzania and exploration activities in Botswana. Its operating mines include Finsch, Cullinan, Koffiefontein, and Williamson. Revenue for the firm is derived from the sale of goods.

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