GRNH (GreenGro Technologies) Return-on-Tangible-Equity: 0.00% (As of Mar. 2004)

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What is GreenGro Technologies Return-on-Tangible-Equity?

GreenGro Technologies GRNH -99.00% Return-on-Tangible-Equity is 0.00% as of Mar. 2004.

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. GreenGro Technologies's annualized net income for the quarter that ended in Mar. 2004 was $-0.14 Mil. GreenGro Technologies's average shareholder tangible equity for the quarter that ended in Mar. 2004 was $-1.09 Mil. Therefore, GreenGro Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2004 was N/A%.

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

GRNH's Return-on-Tangible-Equity is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 9.15
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

GreenGro Technologies  (OTCPK:GRNH) 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.


GreenGro Technologies Return-on-Tangible-Equity Related Terms


GreenGro Technologies Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for GreenGro Technologies'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.

GreenGro Technologies Return-on-Tangible-Equity Chart

GreenGro Technologies Annual Data
Trend Dec96 Dec97 Dec98 Jun99 Jun00 Jun01 Jun02
Return-on-Tangible-Equity
Get a 7-Day Free Trial -486.12 0.00 -35.82 -105.99 -733.00

GreenGro Technologies Quarterly Data
Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04
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 Negative Tangible Equity Negative Tangible Equity 0.00 0.00 0.00

GRNH vs EYTH, TAKD, AMMX: Return-on-Tangible-Equity Comparison

For the Farm & Heavy Construction Machinery subindustry, GreenGro Technologies'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.


GreenGro Technologies Return-on-Tangible-Equity vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, GreenGro Technologies's Return-on-Tangible-Equity distribution charts can be found below:

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



GreenGro Technologies Return-on-Tangible-Equity Calculation

GreenGro Technologies's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2002 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2002 )  (A: Jun. 2001 )(A: Jun. 2002 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2002 )  (A: Jun. 2001 )(A: Jun. 2002 )
=-14.081/( (6.423+-2.581 )/ 2 )
=-14.081/1.921
=-733.00 %

GreenGro Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2004 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2004 )  (Q: Dec. 2003 )(Q: Mar. 2004 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2004 )  (Q: Dec. 2003 )(Q: Mar. 2004 )
=-0.136/( (-1.07+-1.104)/ 2 )
=-0.136/-1.087
=N/A %

* 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. 2004) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 0.00% mean?
GreenGro Technologies (GRNH) has a Return-on-Tangible-Equity of 0.00% as of Mar. 2004. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on GreenGro Technologies and its competitors.
Is GreenGro Technologies' Return-on-Tangible-Equity too high?
GreenGro Technologies' current Return-on-Tangible-Equity is 0.00%.
How does GreenGro Technologies' Return-on-Tangible-Equity compare to EYTH and TAKD?
GreenGro Technologies' Return-on-Tangible-Equity of 0.00% can be compared against companies in the Farm & Heavy Construction Machinery industry. The industry median Return-on-Tangible-Equity is 9.15. 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 Farm & Heavy Construction Machinery company?
The median Return-on-Tangible-Equity among Farm & Heavy Construction Machinery companies is 9.15, based on 199 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. 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 GreenGro Technologies and its competitors. For the Farm & Heavy Construction Machinery industry, the median Return-on-Tangible-Equity is 9.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GreenGro Technologies's current Return-on-Tangible-Equity is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GreenGro Technologies stock overvalued right now?
GreenGro Technologies (GRNH) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. 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 GreenGro Technologies (GRNH), the current Return-on-Tangible-Equity is 0.00% as of Mar. 2004. 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.

GreenGro Technologies Business Description

Address 68374 Keiley Road, Cathedral City, CA, USA, 92234
GreenGro Technologies Inc provides manufacturing and sales of green, eco-friendly, sustainable vertical cultivation systems, and facilities design. Its products and services are targeted at consumers, industrial farming operations. The company's products and services are designed to provide all of these customers' solutions to achieve maximum efficiency, whether that be a balcony garden or industrial cultivator.