GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Wildcat Petroleum PLC (LSE:WCAT) » Definitions » Return-on-Tangible-Equity

Wildcat Petroleum (LSE:WCAT) Return-on-Tangible-Equity : -122.95% (As of Dec. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Wildcat Petroleum 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. Wildcat Petroleum's annualized net income for the quarter that ended in Dec. 2024 was £-0.31 Mil. Wildcat Petroleum's average shareholder tangible equity for the quarter that ended in Dec. 2024 was £0.25 Mil. Therefore, Wildcat Petroleum's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was -122.95%.

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

LSE:WCAT' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -242.59   Med: -141.27   Max: -119.07
Current: -184.72

During the past 4 years, Wildcat Petroleum's highest Return-on-Tangible-Equity was -119.07%. The lowest was -242.59%. And the median was -141.27%.

LSE:WCAT's Return-on-Tangible-Equity is ranked worse than
96.95% of 982 companies
in the Oil & Gas industry
Industry Median: 6.785 vs LSE:WCAT: -184.72

Wildcat Petroleum Return-on-Tangible-Equity Historical Data

The historical data trend for Wildcat Petroleum'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.

Wildcat Petroleum Return-on-Tangible-Equity Chart

Wildcat Petroleum Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Return-on-Tangible-Equity
- -119.07 -242.59 -141.27

Wildcat Petroleum Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Return-on-Tangible-Equity Get a 7-Day Free Trial -175.38 -139.34 108.26 -245.47 -122.95

Competitive Comparison of Wildcat Petroleum's Return-on-Tangible-Equity

For the Oil & Gas E&P subindustry, Wildcat Petroleum'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.


Wildcat Petroleum's Return-on-Tangible-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Wildcat Petroleum's Return-on-Tangible-Equity distribution charts can be found below:

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


;
;

Wildcat Petroleum Return-on-Tangible-Equity Calculation

Wildcat Petroleum's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=-0.255/( (0.108+0.253 )/ 2 )
=-0.255/0.1805
=-141.27 %

Wildcat Petroleum'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: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=-0.308/( (0.253+0.248)/ 2 )
=-0.308/0.2505
=-122.95 %

* 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. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Wildcat Petroleum  (LSE:WCAT) 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.


Wildcat Petroleum Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Wildcat Petroleum's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Wildcat Petroleum Business Description

Traded in Other Exchanges
N/A
Address
Belmont Road, Third Floor, Suite Asco-303, Belmont House, Uxbridge, London, GBR, UB8 1HE
Wildcat Petroleum PLC is engaged in the upstream sector of the petroleum industry such as exploration, appraisal, development, and production of oil and gas. Its project portfolio includes the Sierra Leone Reconnaissance Project situated on the West African Continental Margin and neighbouring Guinea and Liberia.

Wildcat Petroleum Headlines

No Headlines