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Halo Collective (FRA:A9K0) Return-on-Tangible-Equity : -217.07% (As of Jun. 2023)


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What is Halo Collective 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. Halo Collective's annualized net income for the quarter that ended in Jun. 2023 was €-25.29 Mil. Halo Collective's average shareholder tangible equity for the quarter that ended in Jun. 2023 was €11.65 Mil. Therefore, Halo Collective's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was -217.07%.

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

FRA:A9K0' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -404.29   Med: -229.93   Max: 16.85
Current: -267.2

During the past 13 years, Halo Collective's highest Return-on-Tangible-Equity was 16.85%. The lowest was -404.29%. And the median was -229.93%.

FRA:A9K0's Return-on-Tangible-Equity is ranked worse than
94.78% of 939 companies
in the Drug Manufacturers industry
Industry Median: 6.47 vs FRA:A9K0: -267.20

Halo Collective Return-on-Tangible-Equity Historical Data

The historical data trend for Halo Collective'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.

Halo Collective Return-on-Tangible-Equity Chart

Halo Collective Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -110.79 -405.10 -240.03 -325.26 -300.07

Halo Collective Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -96.29 -51.24 -666.21 -139.65 -217.07

Competitive Comparison of Halo Collective's Return-on-Tangible-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Halo Collective'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.


Halo Collective's Return-on-Tangible-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Halo Collective's Return-on-Tangible-Equity distribution charts can be found below:

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



Halo Collective Return-on-Tangible-Equity Calculation

Halo Collective'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 )
=-79.172/( (35.064+17.705 )/ 2 )
=-79.172/26.3845
=-300.07 %

Halo Collective's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=-25.292/( (14.776+8.527)/ 2 )
=-25.292/11.6515
=-217.07 %

* 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 (Jun. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Halo Collective  (FRA:A9K0) 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.


Halo Collective Return-on-Tangible-Equity Related Terms

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


Halo Collective (FRA:A9K0) Business Description

Traded in Other Exchanges
Address
550 Burrard Street, Suite 2300, Vancouver, BC, CAN, V6C 2B5
Halo Collective Inc is a cannabis extraction company. It is engaged in manufacturing cannabis oil and concentrates and distributing cannabis products for recreational use in the states of Oregon, Nevada and California.

Halo Collective (FRA:A9K0) Headlines

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