KLXDF (Carbon Done Right Developments) Return-on-Tangible-Equity: 0.00% (As of Dec. 2024)

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What is Carbon Done Right Developments Return-on-Tangible-Equity?

Carbon Done Right Developments KLXDF Return-on-Tangible-Equity is 0.00% as of Dec. 2024.

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. Carbon Done Right Developments's annualized net income for the quarter that ended in Dec. 2024 was $-1.80 Mil. Carbon Done Right Developments's average shareholder tangible equity for the quarter that ended in Dec. 2024 was $-0.42 Mil. Therefore, Carbon Done Right Developments's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was N/A%.

The historical rank and industry rank for Carbon Done Right Developments's Return-on-Tangible-Equity or its related term are showing as below:

KLXDF's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 9.03
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Carbon Done Right Developments  (OTCPK:KLXDF) 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.


Carbon Done Right Developments Return-on-Tangible-Equity Related Terms


Carbon Done Right Developments Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Carbon Done Right Developments'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.

Carbon Done Right Developments Return-on-Tangible-Equity Chart

Carbon Done Right Developments Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -45.21 -2,007.45 -113.48 -65.62 -265.18

Carbon Done Right Developments Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -74.20 -63.22 -71.73 -956.97 0.00

KLXDF vs IBM, ACN, FI: Return-on-Tangible-Equity Comparison

For the Information Technology Services subindustry, Carbon Done Right Developments'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.


Carbon Done Right Developments Return-on-Tangible-Equity vs Software Industry

For the Software industry and Technology sector, Carbon Done Right Developments's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Carbon Done Right Developments's Return-on-Tangible-Equity falls into.



Carbon Done Right Developments Return-on-Tangible-Equity Calculation

Carbon Done Right Developments's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-4.414/( (3.926+-0.597 )/ 2 )
=-4.414/1.6645
=-265.18 %

Carbon Done Right Developments's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=-1.804/( (-0.233+-0.597)/ 2 )
=-1.804/-0.415
=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 (Dec. 2024) 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?
Carbon Done Right Developments (KLXDF) has a Return-on-Tangible-Equity of 0.00% as of Dec. 2024. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Carbon Done Right Developments and its competitors.
Is Carbon Done Right Developments' Return-on-Tangible-Equity too high?
Carbon Done Right Developments' current Return-on-Tangible-Equity is 0.00%.
How does Carbon Done Right Developments' Return-on-Tangible-Equity compare to IBM and ACN?
Carbon Done Right Developments' Return-on-Tangible-Equity of 0.00% can be compared against companies in the Software industry. The industry median Return-on-Tangible-Equity is 9.03. 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 Software company?
The median Return-on-Tangible-Equity among Software companies is 9.03, based on 2,487 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. 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 Carbon Done Right Developments and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 9.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carbon Done Right Developments'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 Carbon Done Right Developments stock overvalued right now?
Carbon Done Right Developments (KLXDF) 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 Carbon Done Right Developments (KLXDF), the current Return-on-Tangible-Equity is 0.00% as of Dec. 2024. 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.

Carbon Done Right Developments Business Description

Address 1030 West Georgia Street, Suite 1012, Vancouver, BC, CAN, V6E 2Y3
Carbon Done Right Developments Inc is a carbon exploration and development company with reach into jurisdictions with production potential from forestry carbon sequestration projects. The Company has two reportable segments (corporate, and carbon credits production) as the nature of services provided.