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Mawson Gold (Mawson Gold) Return-on-Tangible-Equity : -26.65% (As of Feb. 2024)


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What is Mawson Gold 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. Mawson Gold's annualized net income for the quarter that ended in Feb. 2024 was $-3.69 Mil. Mawson Gold's average shareholder tangible equity for the quarter that ended in Feb. 2024 was $13.84 Mil. Therefore, Mawson Gold's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2024 was -26.65%.

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

MWSNF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -101.18   Med: -8.48   Max: -5.33
Current: -101.18

During the past 13 years, Mawson Gold's highest Return-on-Tangible-Equity was -5.33%. The lowest was -101.18%. And the median was -8.48%.

MWSNF's Return-on-Tangible-Equity is ranked worse than
85.63% of 2449 companies
in the Metals & Mining industry
Industry Median: -15.97 vs MWSNF: -101.18

Mawson Gold Return-on-Tangible-Equity Historical Data

The historical data trend for Mawson Gold'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.

Mawson Gold Return-on-Tangible-Equity Chart

Mawson Gold Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.53 -5.37 -5.72 -6.73 -8.19

Mawson Gold Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -24.84 -3.12 -7.96 -415.20 -26.65

Competitive Comparison of Mawson Gold's Return-on-Tangible-Equity

For the Gold subindustry, Mawson Gold'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.


Mawson Gold's Return-on-Tangible-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mawson Gold's Return-on-Tangible-Equity distribution charts can be found below:

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



Mawson Gold Return-on-Tangible-Equity Calculation

Mawson Gold's annualized Return-on-Tangible-Equity for the fiscal year that ended in May. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: May. 2023 )  (A: May. 2022 )(A: May. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: May. 2023 )  (A: May. 2022 )(A: May. 2023 )
=-3.664/( (45.248+44.214 )/ 2 )
=-3.664/44.731
=-8.19 %

Mawson Gold's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Feb. 2024 )  (Q: Nov. 2023 )(Q: Feb. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Feb. 2024 )  (Q: Nov. 2023 )(Q: Feb. 2024 )
=-3.688/( (13.806+13.873)/ 2 )
=-3.688/13.8395
=-26.65 %

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


Mawson Gold  (OTCPK:MWSNF) 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.


Mawson Gold Return-on-Tangible-Equity Related Terms

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


Mawson Gold (Mawson Gold) Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
Mawson Gold Ltd is a gold exploration company. Its projects include Rompas-Rajapalot project, Skelleftea North, Sunday Creek, Redcastle, Whroo JV and Mt Isa among others. The Company operates in one reportable segment, the exploration and development of unproven exploration and evaluation assets.