Golden Ridge ResourcesGORIF Return-on-Tangible-Equity is 57.34% as of Mar. 2026. Among 2,378 Metals & Mining companies, Golden Ridge Resources ranks better than 79.69% on this metric.
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. Golden Ridge Resources's annualized net income for the quarter that ended in Mar. 2026 was $2.90 Mil. Golden Ridge Resources's average shareholder tangible equity for the quarter that ended in Mar. 2026 was $5.05 Mil. Therefore, Golden Ridge Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 57.34%.
The historical rank and industry rank for Golden Ridge Resources's Return-on-Tangible-Equity or its related term are showing as below:
GORIF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1365.38 Med: -29.5 Max: 8.08
Current: 8.08
During the past 13 years, Golden Ridge Resources's highest Return-on-Tangible-Equity was 8.08%. The lowest was -1,365.38%. And the median was -29.50%.
GORIF's Return-on-Tangible-Equity is ranked better than 79.69% of 2378
companies
in the Metals & Mining industry
Industry Median: -16.365
vs GORIF: 8.08
Golden Ridge Resources (OTCPK:GORIF) 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.
Golden Ridge Resources Return-on-Tangible-Equity Related Terms
Golden Ridge Resources Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Golden Ridge 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.
Golden Ridge Resources Return-on-Tangible-Equity Chart
For the Other Precious Metals & Mining subindustry, Golden Ridge 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.
Golden Ridge Resources Return-on-Tangible-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Golden Ridge Resources's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Golden Ridge Resources's Return-on-Tangible-Equity falls into.
* 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. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 57.34% mean?
Golden Ridge Resources (GORIF) has a Return-on-Tangible-Equity of 57.34% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Golden Ridge Resources and its competitors. According to the industry distribution chart, Golden Ridge Resources ranks #483 out of 2378 companies in the Metals & Mining industry, placing it in the top 20.3%.
Is Golden Ridge Resources' Return-on-Tangible-Equity too high?
Golden Ridge Resources' current Return-on-Tangible-Equity is 57.34%. Based on the distribution chart, Golden Ridge Resources ranks #483 out of 2378 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Golden Ridge Resources' Return-on-Tangible-Equity compare to HL?
According to the Metals & Mining industry distribution chart, Golden Ridge Resources ranks #483 out of 2378 companies for Return-on-Tangible-Equity. This places Golden Ridge Resources in the top 20% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Metals & Mining company?
A good Return-on-Tangible-Equity depends on the Metals & Mining industry context. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Golden Ridge Resources and its competitors. Golden Ridge Resources's current Return-on-Tangible-Equity is 57.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Ridge Resources stock overvalued right now?
Golden Ridge Resources (GORIF) has a current Return-on-Tangible-Equity of 57.34%. The current Return-on-Tangible-Equity is 57.34%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Golden Ridge Resources (GORIF), the current Return-on-Tangible-Equity is 57.34% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Golden Ridge Resources Ltd is an exploration-stage company. It is engaged in the identification, evaluation, and acquisition of mineral properties. Its current properties include mineral properties located in British Columbia and the Yukon. Its projects are Hank Property, Newfoundland, Heritage Project and North Canol. It has one reportable operating segment, being that of acquisition and exploration and evaluation activities in Canada.
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