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Emperor Oil (FRA:8CV) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Jul. 2017)


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What is Emperor Oil 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. Emperor Oil's annualized net income for the quarter that ended in Jul. 2017 was €0.32 Mil. Emperor Oil's average shareholder tangible equity for the quarter that ended in Jul. 2017 was €-4.06 Mil. Therefore, Emperor Oil's annualized Return-on-Tangible-Equity for the quarter that ended in Jul. 2017 was Negative Tangible Equity%.

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

FRA:8CV's Return-on-Tangible-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 8.085
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Emperor Oil Return-on-Tangible-Equity Historical Data

The historical data trend for Emperor Oil'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.

Emperor Oil Return-on-Tangible-Equity Chart

Emperor Oil Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -236.02 - - - -

Emperor Oil Quarterly Data
Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
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 Emperor Oil's Return-on-Tangible-Equity

For the Oil & Gas E&P subindustry, Emperor Oil'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.


Emperor Oil's Return-on-Tangible-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Emperor Oil's Return-on-Tangible-Equity distribution charts can be found below:

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



Emperor Oil Return-on-Tangible-Equity Calculation

Emperor Oil's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jan. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jan. 2017 )  (A: Jan. 2016 )(A: Jan. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jan. 2017 )  (A: Jan. 2016 )(A: Jan. 2017 )
=-0.143/( (-3.628+-4.133 )/ 2 )
=-0.143/-3.8805
=N/A %

Emperor Oil's annualized Return-on-Tangible-Equity for the quarter that ended in Jul. 2017 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jul. 2017 )  (Q: Apr. 2017 )(Q: Jul. 2017 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jul. 2017 )  (Q: Apr. 2017 )(Q: Jul. 2017 )
=0.316/( (-4.135+-3.989)/ 2 )
=0.316/-4.062
=Negative Tangible Equity %

* 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 (Jul. 2017) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Emperor Oil  (FRA:8CV) 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.


Emperor Oil Return-on-Tangible-Equity Related Terms

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Emperor Oil (FRA:8CV) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2750 3rd Avenue NE, Suite 201, Calgary, AB, CAN, T2A 2L5
Emperor Oil Ltd is a Canadian based exploration and development company. Its principal business activities include the acquisition, exploration, and development of oil and gas properties. Further, it focuses on the exploration and near-term production projects in Sudan.

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