Lakes Blue Energy NLLKOLF 29 Return-on-Tangible-Equity is -41.60% as of Dec. 2025. GuruFocus rates LKOLF with a GF Score™ of 29/100. Among 947 Oil & Gas companies, Lakes Blue Energy NL ranks worse than 68.53% on this metric.
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. Lakes Blue Energy NL's annualized net income for the quarter that ended in Dec. 2025 was $-6.13 Mil. Lakes Blue Energy NL's average shareholder tangible equity for the quarter that ended in Dec. 2025 was $14.73 Mil. Therefore, Lakes Blue Energy NL's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2025 was -41.60%.
The historical rank and industry rank for Lakes Blue Energy NL's Return-on-Tangible-Equity or its related term are showing as below:
LKOLF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -157.85 Med: -25.8 Max: 24.2
Current: -1.88
During the past 13 years, Lakes Blue Energy NL's highest Return-on-Tangible-Equity was 24.20%. The lowest was -157.85%. And the median was -25.80%.
LKOLF's Return-on-Tangible-Equity is ranked worse than 68.53% of 947
companies
in the Oil & Gas industry
Industry Median: 6.74
vs LKOLF: -1.88
Lakes Blue Energy NL (OTCPK:LKOLF) 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.
Lakes Blue Energy NL Return-on-Tangible-Equity Related Terms
Lakes Blue Energy NL Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Lakes Blue Energy NL'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.
Lakes Blue Energy NL Return-on-Tangible-Equity Chart
LKOLF vs COP, EOG, FANG: Return-on-Tangible-Equity Comparison
For the Oil & Gas E&P subindustry, Lakes Blue Energy NL'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.
Lakes Blue Energy NL Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Lakes Blue Energy NL's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Lakes Blue Energy NL'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 two times the semi-annual (Dec. 2025) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -41.60% mean?
Lakes Blue Energy NL (LKOLF) has a Return-on-Tangible-Equity of -41.60% as of Dec. 2025. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Lakes Blue Energy NL and its competitors. According to the industry distribution chart, Lakes Blue Energy NL ranks #649 out of 947 companies in the Oil & Gas industry, placing it in the top 68.5%.
Is Lakes Blue Energy NL's Return-on-Tangible-Equity too high?
Lakes Blue Energy NL's current Return-on-Tangible-Equity is -41.60%. Based on the distribution chart, Lakes Blue Energy NL ranks #649 out of 947 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Lakes Blue Energy NL has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Lakes Blue Energy NL's Return-on-Tangible-Equity compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Lakes Blue Energy NL ranks #649 out of 947 companies for Return-on-Tangible-Equity. This places Lakes Blue Energy NL in the lower half of its industry. The industry median Return-on-Tangible-Equity is 6.74. 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 an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.74, based on 947 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 Lakes Blue Energy NL and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lakes Blue Energy NL's current Return-on-Tangible-Equity is -41.60%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lakes Blue Energy NL stock overvalued right now?
Lakes Blue Energy NL (LKOLF) has a current Return-on-Tangible-Equity of -41.60%. The current Return-on-Tangible-Equity is -41.60%. Lakes Blue Energy NL's overall GF Score™ is 29/100. 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 Lakes Blue Energy NL (LKOLF), the current Return-on-Tangible-Equity is -41.60% as of Dec. 2025. 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.
Lakes Blue Energy NL is engaged in the operation and exploration of oil and gas reserves. The projects of the company include Wombat Gas Field, Trifon-Gangell Gas Field, Baragwanath Gas Field, Portland Energy Project, Roma Shelf Projec, Buna, and other projects.
29GF Score
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