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Alaska Energy Metals (FRA:V7F) Return-on-Tangible-Equity : -62.57% (As of Mar. 2024)


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What is Alaska Energy Metals 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. Alaska Energy Metals's annualized net income for the quarter that ended in Mar. 2024 was €-8.96 Mil. Alaska Energy Metals's average shareholder tangible equity for the quarter that ended in Mar. 2024 was €14.32 Mil. Therefore, Alaska Energy Metals's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was -62.57%.

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

FRA:V7F' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -93.54   Med: -55.28   Max: -5.63
Current: -93.54

During the past 13 years, Alaska Energy Metals's highest Return-on-Tangible-Equity was -5.63%. The lowest was -93.54%. And the median was -55.28%.

FRA:V7F's Return-on-Tangible-Equity is ranked worse than
84.28% of 2449 companies
in the Metals & Mining industry
Industry Median: -15.97 vs FRA:V7F: -93.54

Alaska Energy Metals Return-on-Tangible-Equity Historical Data

The historical data trend for Alaska Energy Metals'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.

Alaska Energy Metals Return-on-Tangible-Equity Chart

Alaska Energy Metals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -91.44 -28.88 -38.15 -29.67 -72.79

Alaska Energy Metals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -21.87 -102.29 -95.36 -119.27 -62.57

Competitive Comparison of Alaska Energy Metals's Return-on-Tangible-Equity

For the Other Precious Metals & Mining subindustry, Alaska Energy Metals'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.


Alaska Energy Metals's Return-on-Tangible-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Alaska Energy Metals's Return-on-Tangible-Equity falls into.



Alaska Energy Metals Return-on-Tangible-Equity Calculation

Alaska Energy Metals's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-6.69/( (3.631+14.751 )/ 2 )
=-6.69/9.191
=-72.79 %

Alaska Energy Metals's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-8.96/( (14.751+13.891)/ 2 )
=-8.96/14.321
=-62.57 %

* 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. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Alaska Energy Metals  (FRA:V7F) 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.


Alaska Energy Metals Return-on-Tangible-Equity Related Terms

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


Alaska Energy Metals (FRA:V7F) Business Description

Traded in Other Exchanges
Address
355 Burrard Street, Suite 1000, Vancouver, BC, CAN, V6C 2G8
Alaska Energy Metals Corp is a Canada-based company engaged in the business activities of exploration and development of mineral resources. Through research and early-stage exploration, the company generates new exploration ideas, acquires mineral rights, and performs exploration work to identify drilling targets. The company derives revenue from contracts with customers through overhead recovery fees and exploration services. Its geographical segments include the USA, Mexico, and Canada, where the majority of its revenue comes from the USA.

Alaska Energy Metals (FRA:V7F) Headlines

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