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. FX Energy's annualized net income for the quarter that ended in Sep. 2015 was $-9.42 Mil. FX Energy's average shareholder tangible equity for the quarter that ended in Sep. 2015 was $9.38 Mil. Therefore, FX Energy's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2015 was -100.40%.
The historical rank and industry rank for FX Energy's Return-on-Tangible-Equity or its related term are showing as below:
FXENP.PFD'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -297.03 Med: -29.4 Max: 7.26
Current: -297.03
During the past 13 years, FX Energy's highest Return-on-Tangible-Equity was 7.26%. The lowest was -297.03%. And the median was -29.40%.
FXENP.PFD's Return-on-Tangible-Equity is not ranked
in the Oil & Gas industry.
Industry Median: 8.085
vs FXENP.PFD: -297.03
FX Energy Return-on-Tangible-Equity Historical Data
The historical data trend for FX 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 FX Energy's Return-on-Tangible-Equity
For the Oil & Gas E&P subindustry, FX 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.
FX Energy's Return-on-Tangible-Equity Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, FX Energy's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where FX Energy's Return-on-Tangible-Equity falls into.
FX Energy Return-on-Tangible-Equity Calculation
FX 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 (Sep. 2015) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
FX Energy (NAS:FXENP.PFD) 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.
FX Energy Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of FX Energy's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
FX Energy Inc was founded in 1989. The Company is an independent oil and gas exploration and production company with principal production, reserves, and exploration in Poland and oil production, oilfield service, and exploration activities in the United States. Company concentrates its exploration efforts in Poland on the Rotliegend sandstones of the Permian Basin. As of December 31, 2013, Company held oil and gas exploration rights in Poland in a number of separately designated project areas encompassing approximately 2.7 million gross acres. In Poland, it has projects involving the exploration and exploitation of oil and gas prospects in partnership with Polskie Górnictwo Naftowe i Gazownictwo or PGNiG, the Polish national oil and gas company, other industry partners, and for its own account. In the United States, it explores for and produces oil from fields in Montana and Nevada, and it have an oilfield services company in northern Montana that performs contract drilling and well-servicing operations. Company operates within two segments of the oil and gas industry: the exploration and production, or E&P, segment in Poland and the United States, and the oilfield services segment in the United States. The Company faces competition from larger oil and gas companies. The Companys oil and gas exploration, development, and production activities in Poland are subject to Polands laws and regulations and its United States operations are subject to governmental risks that may impact its operations.
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