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KBXFF (Kobrea Exploration) Return-on-Tangible-Equity : -135.81% (As of Jan. 2025)


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What is Kobrea 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. Kobrea Exploration's annualized net income for the quarter that ended in Jan. 2025 was $-2.78 Mil. Kobrea Exploration's average shareholder tangible equity for the quarter that ended in Jan. 2025 was $2.04 Mil. Therefore, Kobrea Exploration's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2025 was -135.81%.

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

KBXFF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -122.11   Med: -71.65   Max: -67.88
Current: -122.11

During the past 3 years, Kobrea Exploration's highest Return-on-Tangible-Equity was -67.88%. The lowest was -122.11%. And the median was -71.65%.

KBXFF's Return-on-Tangible-Equity is ranked worse than
86.47% of 2372 companies
in the Metals & Mining industry
Industry Median: -17.26 vs KBXFF: -122.11

Kobrea Exploration Return-on-Tangible-Equity Historical Data

The historical data trend for Kobrea 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.

Kobrea Exploration Return-on-Tangible-Equity Chart

Kobrea Exploration Annual Data
Trend Jan23 Jan24 Jan25
Return-on-Tangible-Equity
- -68.02 -75.11

Kobrea Exploration Quarterly Data
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 -113.13 -77.19 -155.98 -226.45 -135.81

Competitive Comparison of Kobrea Exploration's Return-on-Tangible-Equity

For the Other Industrial Metals & Mining subindustry, Kobrea 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.


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

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

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


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Kobrea Exploration Return-on-Tangible-Equity Calculation

Kobrea Exploration's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jan. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jan. 2025 )  (A: Jan. 2024 )(A: Jan. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jan. 2025 )  (A: Jan. 2024 )(A: Jan. 2025 )
=-1.441/( (0.259+3.578 )/ 2 )
=-1.441/1.9185
=-75.11 %

Kobrea Exploration'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 )
=-2.776/( (0.51+3.578)/ 2 )
=-2.776/2.044
=-135.81 %

* 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.


Kobrea Exploration  (OTCPK:KBXFF) 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.


Kobrea Exploration Return-on-Tangible-Equity Related Terms

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Kobrea Exploration Business Description

Traded in Other Exchanges
Address
330 - 890 Pender Street West, Vancouver, BC, CAN, V6C 1J9
Kobrea Exploration Corp is engaged in the acquisition, exploration, and evaluation of resource properties. Its objective is to locate and develop economic base metal properties of merit and to conduct its exploration program on the Upland property. The Upland property is located in Barriere, British Columbia consisting of eight mineral claims.