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CLNV (Clean Vision) Return-on-Tangible-Equity : 0.00% (As of Dec. 2024)


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What is Clean Vision 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. Clean Vision's annualized net income for the quarter that ended in Dec. 2024 was $-33.86 Mil. Clean Vision's average shareholder tangible equity for the quarter that ended in Dec. 2024 was $-14.91 Mil. Therefore, Clean Vision's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was N/A%.

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

During the past 9 years, Clean Vision's highest Return-on-Tangible-Equity was 41.92%. The lowest was -2.33%. And the median was 8.25%.

CLNV's Return-on-Tangible-Equity is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 6.785
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Clean Vision Return-on-Tangible-Equity Historical Data

The historical data trend for Clean Vision'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.

Clean Vision Return-on-Tangible-Equity Chart

Clean Vision Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
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Clean Vision Quarterly Data
Mar11 Jun11 Sep11 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of Clean Vision's Return-on-Tangible-Equity

For the Utilities - Renewable subindustry, Clean Vision'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.


Clean Vision's Return-on-Tangible-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Clean Vision's Return-on-Tangible-Equity distribution charts can be found below:

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


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Clean Vision Return-on-Tangible-Equity Calculation

Clean Vision's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-14.003/( (-10.544+-18.029 )/ 2 )
=-14.003/-14.2865
=N/A %

Clean Vision'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: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=-33.86/( (-11.789+-18.029)/ 2 )
=-33.86/-14.909
=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 (Dec. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Clean Vision  (OTCPK:CLNV) 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.


Clean Vision Return-on-Tangible-Equity Related Terms

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


Clean Vision Business Description

Traded in Other Exchanges
N/A
Address
2711 N. Sepulveda Boulevard, Suite 1051, Manhattan Beach, CA, USA, 90266
Clean Vision Corp is a new entrant in the clean energy and waste-to-energy industries focused on clean technology and sustainability opportunities. It is focused on providing a solution to the plastic waste problem by recycling the waste and converting it into saleable byproducts, such as hydrogen and other clean-burning fuels. Using a technology known as pyrolysis, which heats the feedstock at high temperatures in the absence of oxygen so that the material does not burn, It is able to turn the feedstock into (i) clean fuels, (ii) clean hydrogen and (iii) carbon black or char.
Executives
Jukun Huang director NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Feng Gu director, officer: Chief Executive Officer NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Shubin Wang director NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Yan Zheng officer: Chief Financial Officer NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Liming Gong director NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Laifu Zhong director NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620
Xun Yuan director NO. 108-1 SOUTH ROAD, ZHONGSHAN DISTRICT F4 116620