GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Coin Hodl Inc (GREY:SMURF) » Definitions » Return-on-Tangible-Equity

Coin Hodl (Coin Hodl) Return-on-Tangible-Equity : 267.12% (As of Dec. 2020)


View and export this data going back to . Start your Free Trial

What is Coin Hodl 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. Coin Hodl's annualized net income for the quarter that ended in Dec. 2020 was $9.47 Mil. Coin Hodl's average shareholder tangible equity for the quarter that ended in Dec. 2020 was $3.55 Mil. Therefore, Coin Hodl's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2020 was 267.12%.

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

SMURF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -142.91   Med: -47.61   Max: 79.23
Current: 79.23

During the past 13 years, Coin Hodl's highest Return-on-Tangible-Equity was 79.23%. The lowest was -142.91%. And the median was -47.61%.

SMURF's Return-on-Tangible-Equity is not ranked
in the Capital Markets industry.
Industry Median: 5.64 vs SMURF: 79.23

Coin Hodl Return-on-Tangible-Equity Historical Data

The historical data trend for Coin Hodl'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.

Coin Hodl Return-on-Tangible-Equity Chart

Coin Hodl Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep14 Dec16 Dec17 Dec18 Dec19 Dec20
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -23.02 -11.62 -43.52 -1.29 62.94

Coin Hodl Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 12.90 -0.88 -10.71 -5.95 267.12

Competitive Comparison of Coin Hodl's Return-on-Tangible-Equity

For the Capital Markets subindustry, Coin Hodl'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.


Coin Hodl's Return-on-Tangible-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Coin Hodl's Return-on-Tangible-Equity distribution charts can be found below:

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



Coin Hodl Return-on-Tangible-Equity Calculation

Coin Hodl's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2020 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=2.266/( (2.337+4.863 )/ 2 )
=2.266/3.6
=62.94 %

Coin Hodl's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2020 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2020 )  (Q: Sep. 2020 )(Q: Dec. 2020 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2020 )  (Q: Sep. 2020 )(Q: Dec. 2020 )
=9.472/( (2.229+4.863)/ 2 )
=9.472/3.546
=267.12 %

* 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. 2020) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Coin Hodl  (GREY:SMURF) 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.


Coin Hodl Return-on-Tangible-Equity Related Terms

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


Coin Hodl (Coin Hodl) Business Description

Traded in Other Exchanges
N/A
Address
82 Richmond Street East, Suite 200, Canadian Venture Building, Toronto, ON, CAN, M5C 1P1
Coin Hodl Inc operates as a merchant banking and financial advisory company focused on the small-cap market, with investments in cryptocurrency and blockchain sectors.

Coin Hodl (Coin Hodl) Headlines

From GuruFocus

Q1 2023 Tokens.com Corp Earnings Call Transcript

By GuruFocus Research 02-28-2024

Q1 2022 Tokens.com Corp Earnings Call Transcript

By GuruFocus Research 02-28-2024

Q3 2023 Tokens.com Corp Earnings Call Transcript

By GuruFocus Research 02-28-2024

Tokens.com Corp Annual Shareholders Meeting Transcript

By GuruFocus Research 02-28-2024

Q2 2023 Tokens.com Corp Earnings Call Transcript

By GuruFocus Research 02-28-2024

Q4 2023 Tokens.com Corp Earnings Call Transcript

By GuruFocus Research 02-28-2024

Q3 2022 Tokens.com Corp Earnings Call Transcript

By GuruFocus Research 02-28-2024