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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. MainStreetChamber Holdings's annualized net income for the quarter that ended in Dec. 2022 was $-0.11 Mil. MainStreetChamber Holdings's average shareholder tangible equity for the quarter that ended in Dec. 2022 was $0.06 Mil. Therefore, MainStreetChamber Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2022 was -189.47%.
The historical rank and industry rank for MainStreetChamber Holdings's Return-on-Tangible-Equity or its related term are showing as below:
The historical data trend for MainStreetChamber Holdings'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.
MainStreetChamber Holdings Annual Data | |||||||||||||||||||||
Trend | Jul09 | Jul10 | Jul11 | Jul12 | Jul13 | Jul14 | Dec19 | Dec20 | Dec21 | Dec22 | |||||||||||
Return-on-Tangible-Equity | Get a 7-Day Free Trial | - | - | 300.00 | - | -2,600.00 |
MainStreetChamber Holdings Quarterly Data | ||||||||||||||||||||
Oct13 | Jan14 | Apr14 | Jul14 | Oct14 | Jan15 | Apr15 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | |
Return-on-Tangible-Equity | Get a 7-Day Free Trial | - | - | - | -387.50 | -189.47 |
For the Oil & Gas E&P subindustry, MainStreetChamber Holdings'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.
For the Oil & Gas industry and Energy sector, MainStreetChamber Holdings's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where MainStreetChamber Holdings's Return-on-Tangible-Equity falls into.
MainStreetChamber Holdings's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as
Return-on-Tangible-Equity | = | Net Income | / | ( (Total Tangible Equity | + | Total Tangible Equity) | / count ) |
(A: Dec. 2022 ) | (A: Dec. 2021 ) | (A: Dec. 2022 ) | |||||
= | Net Income | / | ( (Total Stockholders Equity - Intangible Assets | + | Total Stockholders Equity - Intangible Assets ) | / count ) | |
(A: Dec. 2022 ) | (A: Dec. 2021 ) | (A: Dec. 2022 ) | |||||
= | -0.065 | / | ( (-0.04 | + | 0.045 ) | / 2 ) | |
= | -0.065 | / | 0.0025 | ||||
= | -2,600.00 % |
MainStreetChamber Holdings's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2022 is calculated as
Return-on-Tangible-Equity | = | Net Income | / | ( (Total Tangible Equity | + | Total Tangible Equity) | / count ) |
(Q: Dec. 2022 ) | (Q: Sep. 2022 ) | (Q: Dec. 2022 ) | |||||
= | Net Income | / | ( (Total Stockholders Equity - Intangible Assets | + | Total Stockholders Equity - Intangible Assets) | / count ) | |
(Q: Dec. 2022 ) | (Q: Sep. 2022 ) | (Q: Dec. 2022 ) | |||||
= | -0.108 | / | ( (0.069 | + | 0.045) | / 2 ) | |
= | -0.108 | / | 0.057 | ||||
= | -189.47 % |
* 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. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.
MainStreetChamber Holdings (OTCPK:MSCH) 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.
Thank you for viewing the detailed overview of MainStreetChamber Holdings's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Huntley Barr Andrews | 10 percent owner, other: CEO of Subsidiary | 975A ELGIN ST. WEST, SUITE 413, COBOURG A6 K9A 5J3 |
Ted Riley Sharp | director, officer: CFO | 714 WHISPERWOOD COURT, NAMPA ID 83686 |
Eric Stevenson | 10 percent owner, officer: VP Business Development | 4098 QUINN DRIVE, CARSON CITY NV 89701 |
Steven Kendall Jones | director, 10 percent owner, officer: President | 14674 GOLD RUN DRIVE, RENO NV 89521 |
Keith Adrian Simon | director, officer: Secretary-Treasurer | 963 CHIP CREEK COURT, MINDEN NV 89423 |
Thomas Mancuso | director | 1421 SANDIA COURT, RENO NV 89523 |
Trevor A Moss | director | 3645 CROWN HILL DRIVE, SANTA ROSA CA 95404 |
Sje Mining Llc | 10 percent owner, other: 70% owner | 205 RED WING DRIVE, DAYTON NV 89403 |
Barbara Jean Erdmann | officer: Corporate Secretary | 23537 WINDOM ST, WEST HILLS CA 91304 |
Leon Caldwell | director, officer: President/CFO | 12021 WILSHIRE BLVD 535, LOS ANGELES CA 90025 |
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