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Kaiser Reef (FRA:7YR) Return-on-Tangible-Equity : -22.86% (As of Jun. 2024)


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What is Kaiser Reef 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. Kaiser Reef's annualized net income for the quarter that ended in Jun. 2024 was €-3.58 Mil. Kaiser Reef's average shareholder tangible equity for the quarter that ended in Jun. 2024 was €15.67 Mil. Therefore, Kaiser Reef's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 was -22.86%.

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

FRA:7YR' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -22.44   Med: -9.92   Max: 4.88
Current: -21.8

During the past 3 years, Kaiser Reef's highest Return-on-Tangible-Equity was 4.88%. The lowest was -22.44%. And the median was -9.92%.

FRA:7YR's Return-on-Tangible-Equity is ranked worse than
54.81% of 2410 companies
in the Metals & Mining industry
Industry Median: -17.18 vs FRA:7YR: -21.80

Kaiser Reef Return-on-Tangible-Equity Historical Data

The historical data trend for Kaiser Reef'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.

Kaiser Reef Return-on-Tangible-Equity Chart

Kaiser Reef Annual Data
Trend Jun22 Jun23 Jun24
Return-on-Tangible-Equity
-9.92 4.72 -22.40

Kaiser Reef Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Return-on-Tangible-Equity Get a 7-Day Free Trial 3.65 12.52 -2.68 -20.12 -22.86

Competitive Comparison of Kaiser Reef's Return-on-Tangible-Equity

For the Gold subindustry, Kaiser Reef'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.


Kaiser Reef's Return-on-Tangible-Equity Distribution in the Metals & Mining Industry

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

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



Kaiser Reef Return-on-Tangible-Equity Calculation

Kaiser Reef'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 )
=-3.414/( (15.622+14.864 )/ 2 )
=-3.414/15.243
=-22.40 %

Kaiser Reef's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=-3.582/( (16.479+14.864)/ 2 )
=-3.582/15.6715
=-22.86 %

* 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 (Jun. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Kaiser Reef  (FRA:7YR) 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.


Kaiser Reef Return-on-Tangible-Equity Related Terms

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


Kaiser Reef Business Description

Traded in Other Exchanges
Address
36 Rowland Street, Level 2, Subiaco, WA, AUS, 6008
Kaiser Reef Ltd is a gold producer and exploration company with a clear focus on gold within the Lachlan Fold Belt. Its projects include A1 Gold Mine, Porcupine Flat Processing Plant, Maldon Goldfield, and Stuart Town Gold Project.

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