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SOLCF (SOL Global Investments) Return-on-Tangible-Equity : 0.00% (As of Feb. 2025)


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What is SOL Global Investments 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. SOL Global Investments's annualized net income for the quarter that ended in Feb. 2025 was $-17.91 Mil. SOL Global Investments's average shareholder tangible equity for the quarter that ended in Feb. 2025 was $-12.91 Mil. Therefore, SOL Global Investments's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2025 was N/A%.

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

During the past 13 years, SOL Global Investments's highest Return-on-Tangible-Equity was 87.13%. The lowest was -179.76%. And the median was -44.42%.

SOLCF's Return-on-Tangible-Equity is not ranked *
in the Asset Management industry.
Industry Median: 8.275
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

SOL Global Investments Return-on-Tangible-Equity Historical Data

The historical data trend for SOL Global Investments'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.

SOL Global Investments Return-on-Tangible-Equity Chart

SOL Global Investments Annual Data
Trend Dec14 Dec15 Dec16 Mar18 Mar19 Nov20 Nov21 Nov22 Nov23 Nov24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.48 55.86 -136.62 -135.67 -

SOL Global Investments Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 -84.00 -258.44 -294.21 - -

Competitive Comparison of SOL Global Investments's Return-on-Tangible-Equity

For the Asset Management subindustry, SOL Global Investments'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.


SOL Global Investments's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, SOL Global Investments's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where SOL Global Investments's Return-on-Tangible-Equity falls into.


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SOL Global Investments Return-on-Tangible-Equity Calculation

SOL Global Investments's annualized Return-on-Tangible-Equity for the fiscal year that ended in Nov. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Nov. 2024 )  (A: Nov. 2023 )(A: Nov. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Nov. 2024 )  (A: Nov. 2023 )(A: Nov. 2024 )
=-36.947/( (5.626+-26.558 )/ 2 )
=-36.947/-10.466
=N/A %

SOL Global Investments's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Feb. 2025 )  (Q: Nov. 2024 )(Q: Feb. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Feb. 2025 )  (Q: Nov. 2024 )(Q: Feb. 2025 )
=-17.908/( (-26.558+0.744)/ 2 )
=-17.908/-12.907
=N/A %

* 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. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


SOL Global Investments  (OTCPK:SOLCF) 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.


SOL Global Investments Return-on-Tangible-Equity Related Terms

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


SOL Global Investments Business Description

Traded in Other Exchanges
Address
100 King Street West, Suite 5600, Toronto, ON, CAN, M5X 1C9
SOL Global Investments Corp is a cannabis company with a focus on legal U.S. states. Its strategic investments and partnerships across cultivation, distribution and retail complement the company's R&D program with the University of Miami. It is also involved in Retail, Agriculture, Quick Service Restaurants & Hospitality, Media Technology & Gaming, Energy and New Age Wellness.