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Balamara Resources (FRA:CDU) Return-on-Tangible-Equity : -78.60% (As of Dec. 2014)


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What is Balamara Resources 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. Balamara Resources's annualized net income for the quarter that ended in Dec. 2014 was €-3.94 Mil. Balamara Resources's average shareholder tangible equity for the quarter that ended in Dec. 2014 was €5.02 Mil. Therefore, Balamara Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2014 was -78.60%.

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

FRA:CDU's Return-on-Tangible-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: -16.12
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Balamara Resources Return-on-Tangible-Equity Historical Data

The historical data trend for Balamara Resources'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.

Balamara Resources Return-on-Tangible-Equity Chart

Balamara Resources Annual Data
Trend Jun02 Jun03 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -52.17 -49.05 -139.40 -117.49 -324.05

Balamara Resources Semi-Annual Data
Dec02 Jun03 Dec03 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
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 -88.98 -100.67 -157.73 -309.70 -78.60

Competitive Comparison of Balamara Resources's Return-on-Tangible-Equity

For the Other Industrial Metals & Mining subindustry, Balamara Resources'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.


Balamara Resources's Return-on-Tangible-Equity Distribution in the Metals & Mining Industry

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

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



Balamara Resources Return-on-Tangible-Equity Calculation

Balamara Resources's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2014 )  (A: Jun. 2013 )(A: Jun. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2014 )  (A: Jun. 2013 )(A: Jun. 2014 )
=-8.717/( (4.018+1.362 )/ 2 )
=-8.717/2.69
=-324.05 %

Balamara Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2014 )  (Q: Jun. 2014 )(Q: Dec. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2014 )  (Q: Jun. 2014 )(Q: Dec. 2014 )
=-3.944/( (1.362+8.673)/ 2 )
=-3.944/5.0175
=-78.60 %

* 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 (Dec. 2014) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Balamara Resources  (FRA:CDU) 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.


Balamara Resources Return-on-Tangible-Equity Related Terms

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


Balamara Resources (FRA:CDU) Business Description

Traded in Other Exchanges
N/A
Address
Balamara Resources Ltd formerly known as Sultan Corporation Limited was incorporated in New South Wales on 16 August 1993 under the name of Asia-Pacific Minerals NL and on 21 November 1993 it changed its name to Caledonian Pacific Minerals NL. On 13 May, 2000 the Company changed its name again to Quadtel NL. The name of the Company was changed once more to Wytomic Limited on 17 February, 2005. The Company is engaged in exploration of mineral resources and reserves, primarily in Central Europe. It acquires assets at low cost with significant upside potential and develops them to a pre-production status. The Company's projects are located in Poland, Montenegro, Bosnia and NSW Australia. It operates in three reportable segments: Exploration Balkans region, Exploration Poland, and Exploration Australia.

Balamara Resources (FRA:CDU) Headlines

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