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Charging Robotics (Charging Robotics) Return-on-Tangible-Equity : 0.00% (As of Dec. 2023)


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What is Charging Robotics 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. Charging Robotics's annualized net income for the quarter that ended in Dec. 2023 was $-1.00 Mil. Charging Robotics's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $-0.04 Mil. Therefore, Charging Robotics's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was N/A%.

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

During the past 7 years, Charging Robotics's highest Return-on-Tangible-Equity was 6.82%. The lowest was -1,311.35%. And the median was -924.74%.

FDOCD's Return-on-Tangible-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 7.68
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Charging Robotics Return-on-Tangible-Equity Historical Data

The historical data trend for Charging Robotics'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.

Charging Robotics Return-on-Tangible-Equity Chart

Charging Robotics Annual Data
Trend Dec09 Dec10 Dec11 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial -924.74 6.82 - - -

Charging Robotics Quarterly Data
Dec11 Mar12 Jun12 Sep12 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - -474.53 -582.19 -

Competitive Comparison of Charging Robotics's Return-on-Tangible-Equity

For the Electrical Equipment & Parts subindustry, Charging Robotics'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.


Charging Robotics's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Charging Robotics's Return-on-Tangible-Equity distribution charts can be found below:

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



Charging Robotics Return-on-Tangible-Equity Calculation

Charging Robotics's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-0.778/( (-0.442+-0.174 )/ 2 )
=-0.778/-0.308
=N/A %

Charging Robotics's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-1/( (0.085+-0.174)/ 2 )
=-1/-0.0445
=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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Charging Robotics  (OTCPK:FDOCD) 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.


Charging Robotics Return-on-Tangible-Equity Related Terms

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


Charging Robotics (Charging Robotics) Business Description

Traded in Other Exchanges
N/A
Address
20 Raul Wallenberg Street, Tel Aviv, ISR
Fuel Doctor Holdings Inc is seeking a merger target and has been evaluating various opportunities.

Charging Robotics (Charging Robotics) Headlines

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