ESGI (enSurge) Return-on-Tangible-Equity: 0.00% (As of Sep. 2017)


What is enSurge Return-on-Tangible-Equity?

enSurge ESGI Return-on-Tangible-Equity is 0.00% as of Sep. 2017.

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. enSurge's annualized net income for the quarter that ended in Sep. 2017 was $0.00 Mil. enSurge's average shareholder tangible equity for the quarter that ended in Sep. 2017 was $-0.26 Mil. Therefore, enSurge's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2017 was N/A%.

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

ESGI's Return-on-Tangible-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: -16.19
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

enSurge  (OTCPK:ESGI) 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.


enSurge Return-on-Tangible-Equity Related Terms


enSurge Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for enSurge'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.

enSurge Return-on-Tangible-Equity Chart

enSurge Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity 0.00 0.00 0.00

enSurge Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Sep14 Dec14 Mar15 Sep15 Dec15 Mar16 Sep16 Dec16 Mar17 Sep17
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 0.00 0.00 0.00 0.00 0.00

ESGI vs RYES, MXSG: Return-on-Tangible-Equity Comparison

For the Other Precious Metals & Mining subindustry, enSurge'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.


enSurge Return-on-Tangible-Equity vs Metals & Mining Industry

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

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



enSurge Return-on-Tangible-Equity Calculation

enSurge's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2016 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=-2.194/( (-1.097+-1.558 )/ 2 )
=-2.194/-1.3275
=N/A %

enSurge's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2017 )  (Q: Mar. 2017 )(Q: Sep. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2017 )  (Q: Mar. 2017 )(Q: Sep. 2017 )
=0/( (-1.038+0.515)/ 2 )
=0/-0.2615
=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 (Sep. 2017) 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?
enSurge (ESGI) has a Return-on-Tangible-Equity of 0.00% as of Sep. 2017. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on enSurge and its competitors.
Is enSurge's Return-on-Tangible-Equity too high?
enSurge's current Return-on-Tangible-Equity is 0.00%.
How does enSurge's Return-on-Tangible-Equity compare to RYES and MXSG?
enSurge'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 enSurge and its competitors. enSurge'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 enSurge stock overvalued right now?
enSurge (ESGI) 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 enSurge (ESGI), the current Return-on-Tangible-Equity is 0.00% as of Sep. 2017. 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.

enSurge Business Description

Address 1024 Iron Point Road, Folsom, CA, USA, 95630
enSurge Inc is a United States-based mining company. The company is engaged in the business of exploring, prospecting, developing, and conducting mining opportunities in the precious metals and diamond industry in Guyana, South America. It has the right to develop land near Higgins Landing on the Mazaruni river and large blocks of land on the Kaburi river region. The activities of the group include both river dredging and land dredging operations.