Advanced Bitcoin Technologies AG (HAM:ABT) Return-on-Tangible-Equity : -48.02% (As of Jun. 2023)

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What is Advanced Bitcoin Technologies AG 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. Advanced Bitcoin Technologies AG's annualized net income for the quarter that ended in Jun. 2023 was €-1.19 Mil. Advanced Bitcoin Technologies AG's average shareholder tangible equity for the quarter that ended in Jun. 2023 was €2.48 Mil. Therefore, Advanced Bitcoin Technologies AG's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was -48.02%.

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

HAM:ABT' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -151.19 Med: -143.55 Max: -116.9
Current: -116.9

During the past 4 years, Advanced Bitcoin Technologies AG's highest Return-on-Tangible-Equity was -116.90%. The lowest was -151.19%. And the median was -143.55%.

HAM:ABT's Return-on-Tangible-Equity is ranked worse than
90.85% of 2371 companies
in the Software industry
Industry Median: 7.97 vs HAM:ABT: -116.90

Advanced Bitcoin Technologies AG Return-on-Tangible-Equity Historical Data

The historical data trend for Advanced Bitcoin Technologies AG'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.

Advanced Bitcoin Technologies AG Return-on-Tangible-Equity Chart

Advanced Bitcoin Technologies AG Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Return-on-Tangible-Equity

-135.91

-151.19

Advanced Bitcoin Technologies AG Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Return-on-Tangible-Equity	Get a 7-Day Free Trial			-8.57	-103.50	-107.10	-196.84	-48.02

Competitive Comparison of Advanced Bitcoin Technologies AG's Return-on-Tangible-Equity

For the Software - Infrastructure subindustry, Advanced Bitcoin Technologies AG'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.

Advanced Bitcoin Technologies AG's Return-on-Tangible-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Advanced Bitcoin Technologies AG's Return-on-Tangible-Equity distribution charts can be found below:

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

Advanced Bitcoin Technologies AG Return-on-Tangible-Equity Calculation

Advanced Bitcoin Technologies AG's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	-2.893	/	( (1.474	+	2.353 )	/ 2 )
	=	-2.893	/	1.9135
	=	-151.19 %

Advanced Bitcoin Technologies AG's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets)	/ count )
		(Q: Jun. 2023 )		(Q: Dec. 2022 )		(Q: Jun. 2023 )
	=	-1.192	/	( (2.353	+	2.612)	/ 2 )
	=	-1.192	/	2.4825
	=	-48.02 %

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 two times the semi-annual (Jun. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

Advanced Bitcoin Technologies AG (HAM:ABT) 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.

Advanced Bitcoin Technologies AG Return-on-Tangible-Equity Related Terms

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Advanced Bitcoin Technologies AG (HAM:ABT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Advanced Bitcoin Technologies AG (HAM:ABT) » Definitions » Return-on-Tangible-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Grüneburgweg 58 - 62, Frankfurt am Main, DEU, D - 60322

Website

https://www.abt-ag.com

Advanced Bitcoin Technologies AG is a Germany based company engaged in the business of cryptocurrencies which enables the users to handle their daily financial transactions.