Royal HeliumRHCCF Return-on-Tangible-Equity is -28.38% as of Sep. 2024.
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. Royal Helium's annualized net income for the quarter that ended in Sep. 2024 was $-10.17 Mil. Royal Helium's average shareholder tangible equity for the quarter that ended in Sep. 2024 was $35.83 Mil. Therefore, Royal Helium's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was -28.38%.
The historical rank and industry rank for Royal Helium's Return-on-Tangible-Equity or its related term are showing as below:
RHCCF's Return-on-Tangible-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 6.74 * Ranked among companies with meaningful Return-on-Tangible-Equity only.
Royal Helium (OTCPK:RHCCF) 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.
Royal Helium Return-on-Tangible-Equity Related Terms
Royal Helium Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for Royal Helium'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.
RHCCF vs GRVE, SPOWF, LEEN: Return-on-Tangible-Equity Comparison
For the Oil & Gas E&P subindustry, Royal Helium'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.
Royal Helium Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Royal Helium's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Royal Helium's Return-on-Tangible-Equity falls into.
* 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 (Sep. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of -28.38% mean?
Royal Helium (RHCCF) has a Return-on-Tangible-Equity of -28.38% as of Sep. 2024. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Royal Helium and its competitors.
Is Royal Helium's Return-on-Tangible-Equity too high?
Royal Helium's current Return-on-Tangible-Equity is -28.38%.
How does Royal Helium's Return-on-Tangible-Equity compare to GRVE and SPOWF?
Royal Helium's Return-on-Tangible-Equity of -28.38% can be compared against companies in the Oil & Gas industry. The industry median Return-on-Tangible-Equity is 6.74. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.74, based on 945 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Royal Helium and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Helium's current Return-on-Tangible-Equity is -28.38%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Royal Helium stock overvalued right now?
Royal Helium (RHCCF) has a current Return-on-Tangible-Equity of -28.38%. The current Return-on-Tangible-Equity is -28.38%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Royal Helium (RHCCF), the current Return-on-Tangible-Equity is -28.38% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Royal Helium Ltd is focused on the exploration and development of primary helium production in southern Saskatchewan. Royal is the helium leaseholder in North America. Located next to highways, roads, and cities, and importantly close to existing oil and gas infrastructure, the company's projects were methodically evaluated for helium potential for over two years, and have been vetted by helium experts, professional geologists, and engineers. The company's project includes Saskatchewan Helium Play Elements for Success.
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