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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. Green Block Mining's annualized net income for the quarter that ended in Aug. 2021 was $-5.54 Mil. Green Block Mining's average shareholder tangible equity for the quarter that ended in Aug. 2021 was $0.00 Mil. Therefore, Green Block Mining's annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2021 was N/A%.
The historical rank and industry rank for Green Block Mining's Return-on-Tangible-Equity or its related term are showing as below:
LGLOF's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 9.72 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Green Block Mining (OTCPK:LGLOF) 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.
Green Block Mining Return-on-Tangible-Equity Related Terms
Green Block Mining Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Green Block Mining'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.
Green Block Mining Return-on-Tangible-Equity Chart
LGLOF vs CRM, INTU, NOW: Return-on-Tangible-Equity Comparison
For the Software - Application subindustry, Green Block Mining'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.
Green Block Mining Return-on-Tangible-Equity vs Software Industry
For the Software industry and Technology sector, Green Block Mining's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Green Block Mining's Return-on-Tangible-Equity falls into.
* 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. 2021) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -242.90% mean?
Green Block Mining (LGLOF) has a Return-on-Tangible-Equity of -242.90% as of Aug. 2021. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Green Block Mining and its competitors.
Is Green Block Mining's Return-on-Tangible-Equity too high?
Green Block Mining's current Return-on-Tangible-Equity is -242.90%.
How does Green Block Mining's Return-on-Tangible-Equity compare to CRM and INTU?
Green Block Mining's Return-on-Tangible-Equity of -242.90% can be compared against companies in the Software industry. The industry median Return-on-Tangible-Equity is 9.72. 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 9.72, based on 2,493 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 Green Block Mining and its competitors. For the Software industry, the median Return-on-Tangible-Equity is 9.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Block Mining's current Return-on-Tangible-Equity is -242.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Block Mining stock overvalued right now?
Green Block Mining (LGLOF) has a current Return-on-Tangible-Equity of -242.90%. The current Return-on-Tangible-Equity is -242.90%. 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 Green Block Mining (LGLOF), the current Return-on-Tangible-Equity is -242.90% as of Aug. 2021. 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.
Green Block Mining Corp, formerly Link Global Technologies Inc is a innovative power and infrastructure solution provider for digital mining and data hosting operations. LINK maximizes the potential of today's technologies through power solutions. It builds and manages semi-portable, self-contained power solutions that can be rapidly deployed in virtually any environment. With the low-cost, energy-efficient and smart infrastructure company provides digital mining services to third parties.
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