Mawson West (TSX:MWE) Return-on-Tangible-Equity : 0.00% (As of Sep. 2016)

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What is Mawson West 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 West's annualized net income for the quarter that ended in Sep. 2016 was C$-20.96 Mil. Mawson West's average shareholder tangible equity for the quarter that ended in Sep. 2016 was C$-20.45 Mil. Therefore, Mawson West's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2016 was N/A%.

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

TSX:MWE's Return-on-Tangible-Equity is not ranked ^*
in the Metals & Mining industry.
Industry Median: -16.55
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Mawson West Return-on-Tangible-Equity Historical Data

The historical data trend for Mawson West'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 West Return-on-Tangible-Equity Chart

Mawson West Annual Data

Trend

Jun09

Jun10

Jun11

Dec12

Dec13

Dec14

Dec15

Return-on-Tangible-Equity

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5.92

-15.39

7.49

-128.26

-966.20

Mawson West Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
Return-on-Tangible-Equity	Get a 7-Day Free Trial															-76.88	-78,418.39	-	-	-

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

For the Other Industrial Metals & Mining subindustry, Mawson West'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 West's Return-on-Tangible-Equity Distribution in the Metals & Mining Industry

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

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

Mawson West Return-on-Tangible-Equity Calculation

Mawson West's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2015 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(A: Dec. 2015 )		(A: Dec. 2014 )		(A: Dec. 2015 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets )	/ count )
		(A: Dec. 2015 )		(A: Dec. 2014 )		(A: Dec. 2015 )
	=	-125.123	/	( (49.868	+	-23.968 )	/ 2 )
	=	-125.123	/	12.95
	=	-966.20 %

Mawson West's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2016 is calculated as

Return-on-Tangible-Equity	=	Net Income	/	( (Total Tangible Equity	+	Total Tangible Equity)	/ count )
		(Q: Sep. 2016 )		(Q: Jun. 2016 )		(Q: Sep. 2016 )
	=	Net Income	/	( (Total Stockholders Equity - Intangible Assets	+	Total Stockholders Equity - Intangible Assets)	/ count )
		(Q: Sep. 2016 )		(Q: Jun. 2016 )		(Q: Sep. 2016 )
	=	-20.964	/	( (-18.939	+	-21.969)	/ 2 )
	=	-20.964	/	-20.454
	=	N/A %

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. 2016) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

Mawson West (TSX:MWE) 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 West Return-on-Tangible-Equity Related Terms

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