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HMMR (Hammer Fiber Optics Holdings) Return-on-Tangible-Equity : Negative Tangible Equity% (As of Jan. 2025)


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What is Hammer Fiber Optics Holdings 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. Hammer Fiber Optics Holdings's annualized net income for the quarter that ended in Jan. 2025 was $5.50 Mil. Hammer Fiber Optics Holdings's average shareholder tangible equity for the quarter that ended in Jan. 2025 was $-3.55 Mil. Therefore, Hammer Fiber Optics Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2025 was Negative Tangible Equity%.

The historical rank and industry rank for Hammer Fiber Optics Holdings's Return-on-Tangible-Equity or its related term are showing as below:

HMMR's Return-on-Tangible-Equity is not ranked *
in the Telecommunication Services industry.
Industry Median: 16.61
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Hammer Fiber Optics Holdings Return-on-Tangible-Equity Historical Data

The historical data trend for Hammer Fiber Optics Holdings'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.

Hammer Fiber Optics Holdings Return-on-Tangible-Equity Chart

Hammer Fiber Optics Holdings Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only - Negative Tangible Equity - - -

Hammer Fiber Optics Holdings Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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

Competitive Comparison of Hammer Fiber Optics Holdings's Return-on-Tangible-Equity

For the Telecom Services subindustry, Hammer Fiber Optics Holdings'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.


Hammer Fiber Optics Holdings's Return-on-Tangible-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Hammer Fiber Optics Holdings's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Hammer Fiber Optics Holdings's Return-on-Tangible-Equity falls into.


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Hammer Fiber Optics Holdings Return-on-Tangible-Equity Calculation

Hammer Fiber Optics Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jul. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jul. 2024 )  (A: Jul. 2023 )(A: Jul. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jul. 2024 )  (A: Jul. 2023 )(A: Jul. 2024 )
=-1.233/( (-3.348+-3.741 )/ 2 )
=-1.233/-3.5445
=N/A %

Hammer Fiber Optics Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jan. 2025 )  (Q: Oct. 2024 )(Q: Jan. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2025 )  (Q: Oct. 2024 )(Q: Jan. 2025 )
=5.504/( (-4.008+-3.088)/ 2 )
=5.504/-3.548
=Negative Tangible Equity %

* 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 (Jan. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Hammer Fiber Optics Holdings  (OTCPK:HMMR) 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.


Hammer Fiber Optics Holdings Return-on-Tangible-Equity Related Terms

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


Hammer Fiber Optics Holdings Business Description

Traded in Other Exchanges
N/A
Address
6151 Lake Osprey Drive, Sarasota, FL, USA, 34240
Hammer Fiber Optics Holdings Corp is a telecommunications company. Its products and services include Financial Services such as Digital Payment Systems, Telecommunications, and Data Services such as Wireless and over-the-Top Services such as voice, messaging, video, and hosting. HammerPay, is a mobile-first digital solution designed to deliver seamless stored-value digital services to both businesses and consumers, including those traditionally underserved by the digital economy.
Executives
Mark Stogdill director 311 BROADWAY, POINT PLEASANT BEACH NJ 08742
Erik B Levitt director, officer: CEO & President C/O HAMMER FIBER OPTICS HOLDINGS CORP., 401 EAST 34TH STREET, SUITE #N27J, NEW YORK NY 10016
Michael Cothill director, officer: Pres, CEO, CFO, Secy, Treas 311 BROADWAY, POINT PLEASANT BEACH NJ 08742
Helen E. Stogdill 10 percent owner 3722 RIVER RD., POINT PLEASANT BORO NJ 08742
Michael Leonard Adamcik, officer: Corporate Secretary 311 BROADWAY, PT. PLEASANT BEACH NJ 08742
Dennis W Doll director 1500 RONSON ROAD, ISELIN NJ 08830
Don Macneil director 311 BROADWAY, POINT PLEASANT BEACH NJ 08742
Michael Sevell director, 10 percent owner 311 BROADWAY, POINT PLEASANT BEACH NJ 08742
James Pomposello officer: Secretary 311 BROADWAY, POINT PLEASANT BEACH NJ 08742
Bruce Farmer director C/O RECURSOS MONTANA, S.A., 1ST STREET, #3, CERROS DEL ATLANTICO, PUERTO PLATA G8 006234