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Farmhouse (Farmhouse) Return-on-Tangible-Equity : 0.00% (As of Sep. 2023)


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What is Farmhouse 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. Farmhouse's annualized net income for the quarter that ended in Sep. 2023 was $-0.46 Mil. Farmhouse's average shareholder tangible equity for the quarter that ended in Sep. 2023 was $-1.84 Mil. Therefore, Farmhouse's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was N/A%.

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

During the past 13 years, Farmhouse's highest Return-on-Tangible-Equity was 77.49%. The lowest was -130.03%. And the median was -96.34%.

FMHS's Return-on-Tangible-Equity is not ranked *
in the Interactive Media industry.
Industry Median: 3.605
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Farmhouse Return-on-Tangible-Equity Historical Data

The historical data trend for Farmhouse'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.

Farmhouse Return-on-Tangible-Equity Chart

Farmhouse Annual Data
Trend Dec00 Dec01 Apr03 Apr04 Apr05 Apr06 Apr07 Dec20 Dec21 Dec22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -111.98 - - - -

Farmhouse Quarterly Data
Jul06 Oct06 Jan07 Apr07 Jul07 Oct07 Mar08 Jun08 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - Negative Tangible Equity - - -

Competitive Comparison of Farmhouse's Return-on-Tangible-Equity

For the Internet Content & Information subindustry, Farmhouse'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.


Farmhouse's Return-on-Tangible-Equity Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Farmhouse's Return-on-Tangible-Equity distribution charts can be found below:

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



Farmhouse Return-on-Tangible-Equity Calculation

Farmhouse's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-0.443/( (-1.571+-1.584 )/ 2 )
=-0.443/-1.5775
=N/A %

Farmhouse's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=-0.464/( (-1.792+-1.888)/ 2 )
=-0.464/-1.84
=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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Farmhouse  (OTCPK:FMHS) 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.


Farmhouse Return-on-Tangible-Equity Related Terms

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


Farmhouse (Farmhouse) Business Description

Traded in Other Exchanges
N/A
Address
548 Market Street, Suite 90355, San Francisco, CA, USA, 94104
Farmhouse Inc is a platform provider to the regulated cannabis industry. Its core product is the WeedClub social network platform, which allows its members to digitally network with actual vetted cannabis industry stakeholders. It serves a wide range of areas within the professional cannabis and hemp industries, such as licensed growers, dispensers, laboratories, distributors, investors, accountants, lawyers, consultants, and others.

Farmhouse (Farmhouse) Headlines