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MOJO (Equator Beverage Co) Return-on-Tangible-Equity : -223.70% (As of Dec. 2024)


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What is Equator Beverage Co 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. Equator Beverage Co's annualized net income for the quarter that ended in Dec. 2024 was $-0.84 Mil. Equator Beverage Co's average shareholder tangible equity for the quarter that ended in Dec. 2024 was $0.38 Mil. Therefore, Equator Beverage Co's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was -223.70%.

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

MOJO' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -1770.3   Med: -158.43   Max: 12.88
Current: -241.7

During the past 13 years, Equator Beverage Co's highest Return-on-Tangible-Equity was 12.88%. The lowest was -1,770.30%. And the median was -158.43%.

MOJO's Return-on-Tangible-Equity is ranked worse than
98.1% of 105 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 14.19 vs MOJO: -241.70

Equator Beverage Co Return-on-Tangible-Equity Historical Data

The historical data trend for Equator Beverage Co'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.

Equator Beverage Co Return-on-Tangible-Equity Chart

Equator Beverage Co 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 -39.90 12.88 -92.46 -86.33 -263.92

Equator Beverage Co 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 -235.11 -146.88 -75.59 -450.53 -223.70

Competitive Comparison of Equator Beverage Co's Return-on-Tangible-Equity

For the Beverages - Non-Alcoholic subindustry, Equator Beverage Co'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.


Equator Beverage Co's Return-on-Tangible-Equity Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Equator Beverage Co's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Equator Beverage Co's Return-on-Tangible-Equity falls into.


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Equator Beverage Co Return-on-Tangible-Equity Calculation

Equator Beverage Co'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 )
=-0.801/( (0.271+0.336 )/ 2 )
=-0.801/0.3035
=-263.92 %

Equator Beverage Co'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 )
=-0.84/( (0.415+0.336)/ 2 )
=-0.84/0.3755
=-223.70 %

* 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.


Equator Beverage Co  (OTCPK:MOJO) 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.


Equator Beverage Co Return-on-Tangible-Equity Related Terms

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


Equator Beverage Co Business Description

Traded in Other Exchanges
N/A
Address
185 Hudson Street, Suite 2500, Jersey City, NJ, USA, 07302
Equator Beverage Co is engaged in developing, producing, distributing, and marketing new beverage products. Its beverages have been certified Non-GMO Project Verified and USDA Organic, and It offers both nonalcoholic and ready-to-drink alcoholic options. In addition, It has a line of sparkling energy beverages targeted towards female consumers. Its beverages can be found in North America, the Caribbean, and Bermuda. It is committed to sustainability and use 100 percent recyclable, eco-friendly packaging that has a minimal impact on the environment. Furthermore, its products are plant-based, renewable, and eco-friendly. Coconut water is nature's hydration drink for the skin and body.
Executives
Peter Spinner director, 10 percent owner, officer: Chief Operating Officer 101 HUDSON STREET, 21ST FLOOR, JERSEY CITY NJ 07302
Robert Kaufman director C/O MOJO ORGANICS, INC., 101 HUDSON STREET, 21ST FLOOR, JERSEY CITY NJ 07302
Jeffrey Devlin director 875 NORTH MICHIGAN AVENUE, 2929, CHICAGO IL 60611
Glenn Simpson director, 10 percent owner, officer: Chief Executive Officer 101 HUDSON STREET, 21ST FLOOR, JERSEY CITY NJ 07302
Richard X. Seet director 101 HUDSON STREET, 21ST FLOOR, JERSEY CITY NJ 07302