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GRHPQ.PFD (GreenHunter Resources) Return-on-Tangible-Equity : -67.93% (As of Sep. 2015)


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What is GreenHunter Resources 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. GreenHunter Resources's annualized net income for the quarter that ended in Sep. 2015 was $-5.31 Mil. GreenHunter Resources's average shareholder tangible equity for the quarter that ended in Sep. 2015 was $7.81 Mil. Therefore, GreenHunter Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2015 was -67.93%.

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

GRHPQ.PFD' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -2094.04   Med: -88.65   Max: -73.65
Current: -110.65

During the past 12 years, GreenHunter Resources's highest Return-on-Tangible-Equity was -73.65%. The lowest was -2,094.04%. And the median was -88.65%.

GRHPQ.PFD's Return-on-Tangible-Equity is not ranked
in the Industrial Products industry.
Industry Median: 7.67 vs GRHPQ.PFD: -110.65

GreenHunter Resources Return-on-Tangible-Equity Historical Data

The historical data trend for GreenHunter 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.

* Premium members only.

GreenHunter Resources Return-on-Tangible-Equity Chart

GreenHunter Resources Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity -67.08 -130.55 -51.56 -47.73

GreenHunter Resources Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 -77.32 -63.99 -57.86 -89.64 -67.93

Competitive Comparison of GreenHunter Resources's Return-on-Tangible-Equity

For the Pollution & Treatment Controls subindustry, GreenHunter 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.


GreenHunter Resources's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, GreenHunter Resources's Return-on-Tangible-Equity distribution charts can be found below:

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



GreenHunter Resources Return-on-Tangible-Equity Calculation

GreenHunter Resources's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=-6.755/( (18.356+9.95 )/ 2 )
=-6.755/14.153
=-47.73 %

GreenHunter Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2015 )  (Q: Jun. 2015 )(Q: Sep. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2015 )  (Q: Jun. 2015 )(Q: Sep. 2015 )
=-5.308/( (8.383+7.244)/ 2 )
=-5.308/7.8135
=-67.93 %

* 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.


GreenHunter Resources  (OTCPK:GRHPQ.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.


GreenHunter Resources Return-on-Tangible-Equity Related Terms

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


GreenHunter Resources Business Description

Traded in Other Exchanges
N/A
Address
GreenHunter Resources Inc through its subsidiary, GreenHunter Water, LLC, provides Total Water Management Solutions to oil and gas operators who are active in the Marcellus, Eagle Ford and Bakken shale plays.
Executives
Kirk Trosclair officer: Exec VP and COO 1048 TEXAN TRAIL, GRAPEVINE TX 76051
Ronald Mcclung officer: CFO 1048 TEXAN TRAIL, GRAPEVINE TX 76051
Ronlad H Walker director 135335 N PLACITA MONTANAS DE ORO, TUCSON AZ 85737
Roy Ernest Easley director 1048 TEXAN TRAIL, GRAPEVINE TX 76051
Julie Silcock director
Evans Equities, Lp 10 percent owner PO BOX 540308, DALLAS TX 75354
Ronald D Ormand director 11622 MONICA STREET, HOUSTON TX 77024
Jonathan David Hoopes director, officer: PRESIDENT AND COO 1048 TEXAN TRAIL, GRAPEVINE TX 76051
Investment Hunter Llc 10 percent owner PO BOX 540308, DALLAS TX 75354
Gary C Evans director, officer: CEO, President & Chairman 1048 TEXAN TRAIL, GRAPEVINE TX 76051
James R. Sasser director 1048 TEXAN TRAIL, GRAPEVINE TX 76051
Lance W Helfert 10 percent owner 2151 ALESSANDRO DRIVE, SUITE 100, VENTURA CA 93001
Paul J Orfalea 10 percent owner 2151 ALESSANDRO DRIVE, SUITE 100, VENTURA CA 93001
West Coast Asset Management Inc 10 percent owner 1205 COAST VILLAGE ROAD, MONTECITO CA 93108
West Coast Opportunity Fund Llc 10 percent owner C/O WEST COAST ASSET MANAGEMENT INC, 2151 ALESANDRO DRIVE, SUITE 100, VENTURA CA 93001

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