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Horisont Energi AS (OSL:HRGI) Return-on-Tangible-Equity : -92.07% (As of Dec. 2024)


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What is Horisont Energi AS 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. Horisont Energi AS's annualized net income for the quarter that ended in Dec. 2024 was kr-82.78 Mil. Horisont Energi AS's average shareholder tangible equity for the quarter that ended in Dec. 2024 was kr89.91 Mil. Therefore, Horisont Energi AS's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was -92.07%.

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

OSL:HRGI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -109.77   Med: -74.44   Max: -55.85
Current: -83.94

During the past 6 years, Horisont Energi AS's highest Return-on-Tangible-Equity was -55.85%. The lowest was -109.77%. And the median was -74.44%.

OSL:HRGI's Return-on-Tangible-Equity is ranked worse than
96.42% of 2930 companies
in the Industrial Products industry
Industry Median: 6.69 vs OSL:HRGI: -83.94

Horisont Energi AS Return-on-Tangible-Equity Historical Data

The historical data trend for Horisont Energi AS'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.

Horisont Energi AS Return-on-Tangible-Equity Chart

Horisont Energi AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial - -109.77 -55.85 -67.15 -81.73

Horisont Energi AS Quarterly Data
Dec19 Sep20 Dec20 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 -38.30 -81.96 -81.91 -85.64 -92.07

Competitive Comparison of Horisont Energi AS's Return-on-Tangible-Equity

For the Pollution & Treatment Controls subindustry, Horisont Energi AS'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.


Horisont Energi AS's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Horisont Energi AS's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Horisont Energi AS's Return-on-Tangible-Equity falls into.


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Horisont Energi AS Return-on-Tangible-Equity Calculation

Horisont Energi AS'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 )
=-109.842/( (191.488+77.289 )/ 2 )
=-109.842/134.3885
=-81.73 %

Horisont Energi AS'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 )
=-82.78/( (102.529+77.289)/ 2 )
=-82.78/89.909
=-92.07 %

* 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.


Horisont Energi AS  (OSL:HRGI) 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.


Horisont Energi AS Return-on-Tangible-Equity Related Terms

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Horisont Energi AS Business Description

Traded in Other Exchanges
Address
Grenseveien 21, Sandnes, NOR, 4313
Horisont Energi AS is a Norwegian clean energy, carbon infrastructure, and storage company. It is developing blue hydrogen, blue ammonia, and carbon storage solutions, providing clean energy and carbon transport, and storage services. The company transforms gas, water, and renewable energy into clean ammonia and hydrogen and offers CO2 transportation and storage services using proprietary technology. Its Project includes the Gismarvik CO2 hub, the Polaris carbon storage project, and the Barents Blue project for the production of clean ammonia, featuring a low carbon footprint.

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