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CanAm Coal (FRA:RHE) Return-on-Tangible-Equity : 0.00% (As of Sep. 2014)


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What is CanAm Coal 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. CanAm Coal's annualized net income for the quarter that ended in Sep. 2014 was €-6.76 Mil. CanAm Coal's average shareholder tangible equity for the quarter that ended in Sep. 2014 was €-4.92 Mil. Therefore, CanAm Coal's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2014 was N/A%.

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

FRA:RHE's Return-on-Tangible-Equity is not ranked *
in the Other Energy Sources industry.
Industry Median: 8.035
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

CanAm Coal Return-on-Tangible-Equity Historical Data

The historical data trend for CanAm Coal'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.

CanAm Coal Return-on-Tangible-Equity Chart

CanAm Coal Annual Data
Trend Jan04 Jan05 Jan06 Jan07 Jan08 Jan09 Jan10 Jan11 Dec12 Dec13
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -26.77 -22.32 -41.89 -789.28 -

CanAm Coal Quarterly Data
Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 - - - - -

Competitive Comparison of CanAm Coal's Return-on-Tangible-Equity

For the Thermal Coal subindustry, CanAm Coal'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.


CanAm Coal's Return-on-Tangible-Equity Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, CanAm Coal's Return-on-Tangible-Equity distribution charts can be found below:

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



CanAm Coal Return-on-Tangible-Equity Calculation

CanAm Coal's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2013 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2013 )  (A: Dec. 2012 )(A: Dec. 2013 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2013 )  (A: Dec. 2012 )(A: Dec. 2013 )
=-5.793/( (-2.597+-6.583 )/ 2 )
=-5.793/-4.59
=N/A %

CanAm Coal's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2014 )  (Q: Jun. 2014 )(Q: Sep. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2014 )  (Q: Jun. 2014 )(Q: Sep. 2014 )
=-6.764/( (-6.84+-2.998)/ 2 )
=-6.764/-4.919
=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. 2014) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


CanAm Coal  (FRA:RHE) 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.


CanAm Coal Return-on-Tangible-Equity Related Terms

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


CanAm Coal (FRA:RHE) Business Description

Traded in Other Exchanges
N/A
Address
1201-5th Street S W, Suite 202, Calgary, AB, CAN, T2R 0Y6
CanAm Coal Corp acquires, explores and develops coal resources and resource related technologies. It owns and operates coal mines in Alabama. It also evaluates on an ongoing basis other coal and related opportunities.