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Instadose Pharma (Instadose Pharma) Return-on-Tangible-Equity : 0.00% (As of Feb. 2022)


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What is Instadose Pharma 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. Instadose Pharma's annualized net income for the quarter that ended in Feb. 2022 was $-3.62 Mil. Instadose Pharma's average shareholder tangible equity for the quarter that ended in Feb. 2022 was $-1.80 Mil. Therefore, Instadose Pharma's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2022 was N/A%.

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

INSD's Return-on-Tangible-Equity is not ranked *
in the Drug Manufacturers industry.
Industry Median: 6.44
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Instadose Pharma Return-on-Tangible-Equity Historical Data

The historical data trend for Instadose Pharma'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.

Instadose Pharma Return-on-Tangible-Equity Chart

Instadose Pharma Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Return-on-Tangible-Equity
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Instadose Pharma Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
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Competitive Comparison of Instadose Pharma's Return-on-Tangible-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Instadose Pharma'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.


Instadose Pharma's Return-on-Tangible-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Instadose Pharma's Return-on-Tangible-Equity distribution charts can be found below:

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



Instadose Pharma Return-on-Tangible-Equity Calculation

Instadose Pharma's annualized Return-on-Tangible-Equity for the fiscal year that ended in Nov. 2021 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Nov. 2021 )  (A: Nov. 2020 )(A: Nov. 2021 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Nov. 2021 )  (A: Nov. 2020 )(A: Nov. 2021 )
=-0.469/( (-0.082+-0.165 )/ 2 )
=-0.469/-0.1235
=N/A %

Instadose Pharma's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Feb. 2022 )  (Q: Nov. 2021 )(Q: Feb. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Feb. 2022 )  (Q: Nov. 2021 )(Q: Feb. 2022 )
=-3.624/( (-0.165+-3.432)/ 2 )
=-3.624/-1.7985
=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 (Feb. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Instadose Pharma  (OTCPK:INSD) 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.


Instadose Pharma Return-on-Tangible-Equity Related Terms

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Instadose Pharma (Instadose Pharma) Business Description

Traded in Other Exchanges
N/A
Address
5500 North Service Road, Suite 301, Burlington, ON, CAN, L7L 6W6
Instadose Pharma Corp, formerly Mikrocoze Inc is seeking to create a global distribution platform for medicinal cannabis and cannabinoid oil. The company endeavors to utilize the Global Distribution Platform to open the commercial gateway to a new wholesale marketplace along with providing pharmaceutical industry companies with large, sustainable, consistent, diverse, and low?cost supplies of high?quality medicinal cannabis and cannabinoid oil for use in bulk as an active pharmaceutical ingredient.

Instadose Pharma (Instadose Pharma) Headlines

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