HHSRF (Hi Ho Silver Resources) Return-on-Tangible-Equity: 0.00% (As of Apr. 2021)


What is Hi Ho Silver Resources Return-on-Tangible-Equity?

Hi Ho Silver Resources HHSRF -99.75% Return-on-Tangible-Equity is 0.00% as of Apr. 2021.

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. Hi Ho Silver Resources's annualized net income for the quarter that ended in Apr. 2021 was $-0.47 Mil. Hi Ho Silver Resources's average shareholder tangible equity for the quarter that ended in Apr. 2021 was $-0.32 Mil. Therefore, Hi Ho Silver Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2021 was N/A%.

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

HHSRF's Return-on-Tangible-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: -16.19
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Hi Ho Silver Resources  (OTCPK:HHSRF) 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.

Hi Ho Silver Resources Return-on-Tangible-Equity Related Terms

Hi Ho Silver Resources Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Hi Ho Silver 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.

Hi Ho Silver Resources Return-on-Tangible-Equity Chart

Hi Ho Silver Resources Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -679.49 0.00

Hi Ho Silver Resources Quarterly Data
Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21
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 0.00 0.00 0.00 0.00 0.00

Hi Ho Silver Resources Return-on-Tangible-Equity Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Hi Ho Silver 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.

Hi Ho Silver Resources Return-on-Tangible-Equity vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hi Ho Silver Resources's Return-on-Tangible-Equity distribution charts can be found below:

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


Hi Ho Silver Resources Return-on-Tangible-Equity Calculation

Hi Ho Silver Resources's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jul. 2020 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jul. 2020 )  (A: Jul. 2019 )(A: Jul. 2020 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jul. 2020 )  (A: Jul. 2019 )(A: Jul. 2020 )
=-0.335/( (-0.082+-0.29 )/ 2 )
=-0.335/-0.186
=N/A %

Hi Ho Silver Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Apr. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Apr. 2021 )  (Q: Jan. 2021 )(Q: Apr. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Apr. 2021 )  (Q: Jan. 2021 )(Q: Apr. 2021 )
=-0.472/( (-0.44+-0.198)/ 2 )
=-0.472/-0.319
=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 (Apr. 2021) 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?
Hi Ho Silver Resources (HHSRF) has a Return-on-Tangible-Equity of 0.00% as of Apr. 2021. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Hi Ho Silver Resources and its competitors.
Is Hi Ho Silver Resources' Return-on-Tangible-Equity too high?
Hi Ho Silver Resources' current Return-on-Tangible-Equity is 0.00%.
How does Hi Ho Silver Resources' Return-on-Tangible-Equity compare to competitors?
Hi Ho Silver Resources' Return-on-Tangible-Equity of 0.00% can be compared against companies in the Metals & Mining industry. 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 Hi Ho Silver Resources and its competitors. Hi Ho Silver Resources'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 Hi Ho Silver Resources stock overvalued right now?
Hi Ho Silver Resources (HHSRF) 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 Hi Ho Silver Resources (HHSRF), the current Return-on-Tangible-Equity is 0.00% as of Apr. 2021. 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.

Hi Ho Silver Resources Business Description

Address Maple Ridge Square, P.O. Box 21199, Maple Ridge, BC, CAN, V2X 1P7
Hi Ho Silver Resources Inc is a Canadian based exploration company. It is engaged in the acquisition and exploration of mineral properties in British Columbia, Newfoundland, Labrador, and California. The company holds an interest in Norbeau Gold Property, Fairview South Okanagan Property, and Illite Clay project.