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. Uranerz Energy's annualized net income for the quarter that ended in Mar. 2015 was €-15.73 Mil. Uranerz Energy's average shareholder tangible equity for the quarter that ended in Mar. 2015 was €-6.68 Mil. Therefore, Uranerz Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2015 was N/A%.
The historical rank and industry rank for Uranerz Energy's Return-on-Tangible-Equity or its related term are showing as below:
FRA:U9E's Return-on-Tangible-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: -15.95 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Uranerz Energy Return-on-Tangible-Equity Historical Data
The historical data trend for Uranerz Energy'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.
Competitive Comparison of Uranerz Energy's Return-on-Tangible-Equity
For the Other Industrial Metals & Mining subindustry, Uranerz Energy'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.
Uranerz Energy's Return-on-Tangible-Equity Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Uranerz Energy's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Uranerz Energy's Return-on-Tangible-Equity falls into.
Uranerz Energy Return-on-Tangible-Equity Calculation
Uranerz Energy's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2014 is calculated as
* 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 (Mar. 2015) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
Uranerz Energy (FRA:U9E) 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.
Uranerz Energy Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Uranerz Energy's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Uranerz Energy Corp was incorporated under the laws of the State of Nevada on May 26, 1999. On July 5, 2005, it changed its name from Carleton Ventures Corp. to Uranerz Energy Corporation. The Company is an exploration stage company engaged in the acquisition, exploration and, if warranted, development of uranium properties. It is a United States based uranium company focused on constructing an in-situ recovery uranium facility. ISR is a mining process that uses a leaching solution to extract uranium from underground sandstone-hosted uranium deposits, it is the generally accepted extraction technology used in the Powder River Basin area of Wyoming. It is principally focused on the exploitation of its properties in the Powder River Basin. The commercial use of uranium is to fuel nuclear power plants for the generation of electricity. All the uranium produced from its mines will be used to generate electricity. The Company competes with other mining and exploration companies in connection with the acquisition of uranium mineral properties and the equipment, materials and personnel necessary to explore and develop such properties. Its exploration and production activities are subject to certain federal and state laws and regulations relating to environmental quality and pollution control.
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