IPCIQ (IntelliPharmaCeutics International) Return-on-Tangible-Equity: 0.00% (As of Aug. 2023)

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IPCIQ IntelliPharmaCeutics International Inc IPCIQ
16 GF Score
Price $0.15
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What is IntelliPharmaCeutics International Return-on-Tangible-Equity?

IntelliPharmaCeutics International IPCIQ -100.00% 16 Return-on-Tangible-Equity is 0.00% as of Aug. 2023. GuruFocus rates IPCIQ with a GF Score™ of 16/100.

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. IntelliPharmaCeutics International's annualized net income for the quarter that ended in Aug. 2023 was $-7.56 Mil. IntelliPharmaCeutics International's average shareholder tangible equity for the quarter that ended in Aug. 2023 was $-11.93 Mil. Therefore, IntelliPharmaCeutics International's annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2023 was N/A%.

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

IPCIQ's Return-on-Tangible-Equity is not ranked *
in the Biotechnology industry.
Industry Median: -41.415
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

IntelliPharmaCeutics International  (OTCPK:IPCIQ) 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.


IntelliPharmaCeutics International Return-on-Tangible-Equity Related Terms


IntelliPharmaCeutics International Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for IntelliPharmaCeutics International'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.

IntelliPharmaCeutics International Return-on-Tangible-Equity Chart

IntelliPharmaCeutics International Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -612.61 -3,943.90 0.00 0.00 0.00

IntelliPharmaCeutics International Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
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

IPCIQ vs CHRO, KTTA, FRTX: Return-on-Tangible-Equity Comparison

For the Biotechnology subindustry, IntelliPharmaCeutics International'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.


IntelliPharmaCeutics International Return-on-Tangible-Equity vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, IntelliPharmaCeutics International's Return-on-Tangible-Equity distribution charts can be found below:

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


IPCIQ
16GF Score
IntelliPharmaCeutics International Inc IPCIQ
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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IntelliPharmaCeutics International Return-on-Tangible-Equity Calculation

IntelliPharmaCeutics International's annualized Return-on-Tangible-Equity for the fiscal year that ended in Nov. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Nov. 2022 )  (A: Nov. 2021 )(A: Nov. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Nov. 2022 )  (A: Nov. 2021 )(A: Nov. 2022 )
=-2.892/( (-8.155+-10.577 )/ 2 )
=-2.892/-9.366
=N/A %

IntelliPharmaCeutics International's annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Aug. 2023 )  (Q: May. 2023 )(Q: Aug. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Aug. 2023 )  (Q: May. 2023 )(Q: Aug. 2023 )
=-7.556/( (-10.987+-12.876)/ 2 )
=-7.556/-11.9315
=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 (Aug. 2023) 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?
IntelliPharmaCeutics International (IPCIQ) has a Return-on-Tangible-Equity of 0.00% as of Aug. 2023. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on IntelliPharmaCeutics International and its competitors.
Is IntelliPharmaCeutics International's Return-on-Tangible-Equity too high?
IntelliPharmaCeutics International's current Return-on-Tangible-Equity is 0.00%. Overall, IntelliPharmaCeutics International has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does IntelliPharmaCeutics International's Return-on-Tangible-Equity compare to CHRO and KTTA?
IntelliPharmaCeutics International's Return-on-Tangible-Equity of 0.00% can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Return-on-Tangible-Equity depends on the Biotechnology 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 IntelliPharmaCeutics International and its competitors. IntelliPharmaCeutics International'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 IntelliPharmaCeutics International stock overvalued right now?
IntelliPharmaCeutics International (IPCIQ) has a current Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. IntelliPharmaCeutics International's overall GF Score™ is 16/100. 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 IntelliPharmaCeutics International (IPCIQ), the current Return-on-Tangible-Equity is 0.00% as of Aug. 2023. 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.

IntelliPharmaCeutics International Business Description

Address 30 Worcester Road, Toronto, ON, CAN, M9W 5X2
IntelliPharmaCeutics International Inc is a pharmaceutical company specializing in the research, development and manufacture of novel and generic controlled-release and targeted-release oral solid dosage drugs. The company's patented Hypermatrix technology is a multidimensional controlled-release drug delivery platform that can be applied to a wide range of existing and new pharmaceuticals. It has developed several drug delivery systems based on this technology platform, with a pipeline of products in various stages of development. The company has ANDA and NDA 505(b)(2) drug product candidates in its development pipeline.
16GF Score

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Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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