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Lithium Energi Exploration (HAM:L09) Return-on-Tangible-Equity : 0.00% (As of Nov. 2024)


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What is Lithium Energi Exploration 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. Lithium Energi Exploration's annualized net income for the quarter that ended in Nov. 2024 was €-2.04 Mil. Lithium Energi Exploration's average shareholder tangible equity for the quarter that ended in Nov. 2024 was €-0.35 Mil. Therefore, Lithium Energi Exploration's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2024 was N/A%.

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

HAM:L09's Return-on-Tangible-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: -17.28
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Lithium Energi Exploration Return-on-Tangible-Equity Historical Data

The historical data trend for Lithium Energi Exploration'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.

Lithium Energi Exploration Return-on-Tangible-Equity Chart

Lithium Energi Exploration Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -254.64 - - - -

Lithium Energi Exploration Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 -507.89 - - - -

Competitive Comparison of Lithium Energi Exploration's Return-on-Tangible-Equity

For the Other Industrial Metals & Mining subindustry, Lithium Energi Exploration'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.


Lithium Energi Exploration's Return-on-Tangible-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lithium Energi Exploration's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Lithium Energi Exploration's Return-on-Tangible-Equity falls into.


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Lithium Energi Exploration Return-on-Tangible-Equity Calculation

Lithium Energi Exploration's annualized Return-on-Tangible-Equity for the fiscal year that ended in Feb. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Feb. 2024 )  (A: Feb. 2023 )(A: Feb. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Feb. 2024 )  (A: Feb. 2023 )(A: Feb. 2024 )
=-6.567/( (-4.677+-0.773 )/ 2 )
=-6.567/-2.725
=N/A %

Lithium Energi Exploration's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Nov. 2024 )  (Q: Aug. 2024 )(Q: Nov. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Nov. 2024 )  (Q: Aug. 2024 )(Q: Nov. 2024 )
=-2.036/( (-1.21+0.504)/ 2 )
=-2.036/-0.353
=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 (Nov. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Lithium Energi Exploration  (HAM:L09) 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.


Lithium Energi Exploration Return-on-Tangible-Equity Related Terms

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Lithium Energi Exploration Business Description

Traded in Other Exchanges
Address
161 Bay Street, 27th Floor, TD Canada Trust Tower, Toronto, ON, CAN, M5J 2S1
Lithium Energi Exploration Inc is a Canada-based exploration company. It is engaged in the acquisition, exploration, identification, and evaluation of assets in the lithium industry. The company mainly focuses on its portfolio of lithium properties. It holds an interest in the Laguna Caro Project, Antofalla North Project, and Antofalla South Project.

Lithium Energi Exploration Headlines

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