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Canadian Silver Hunter (TSXV:AGH.H) Return-on-Tangible-Equity : -79.22% (As of Dec. 2023)


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What is Canadian Silver Hunter 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. Canadian Silver Hunter's annualized net income for the quarter that ended in Dec. 2023 was C$-0.36 Mil. Canadian Silver Hunter's average shareholder tangible equity for the quarter that ended in Dec. 2023 was C$0.46 Mil. Therefore, Canadian Silver Hunter's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -79.22%.

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

TSXV:AGH.H' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -94.49   Med: -33.7   Max: 13.56
Current: 11.2

During the past 13 years, Canadian Silver Hunter's highest Return-on-Tangible-Equity was 13.56%. The lowest was -94.49%. And the median was -33.70%.

TSXV:AGH.H's Return-on-Tangible-Equity is ranked better than
90.46% of 2463 companies
in the Metals & Mining industry
Industry Median: -16.55 vs TSXV:AGH.H: 11.20

Canadian Silver Hunter Return-on-Tangible-Equity Historical Data

The historical data trend for Canadian Silver Hunter'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.

Canadian Silver Hunter Return-on-Tangible-Equity Chart

Canadian Silver Hunter Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -88.14 -94.49 -40.56 -42.01 13.56

Canadian Silver Hunter Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -54.95 -46.85 322.59 -155.36 -79.22

Competitive Comparison of Canadian Silver Hunter's Return-on-Tangible-Equity

For the Other Industrial Metals & Mining subindustry, Canadian Silver Hunter'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.


Canadian Silver Hunter's Return-on-Tangible-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Canadian Silver Hunter's Return-on-Tangible-Equity falls into.



Canadian Silver Hunter Return-on-Tangible-Equity Calculation

Canadian Silver Hunter's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=0.052/( (0.353+0.414 )/ 2 )
=0.052/0.3835
=13.56 %

Canadian Silver Hunter's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-0.364/( (0.505+0.414)/ 2 )
=-0.364/0.4595
=-79.22 %

* 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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Canadian Silver Hunter  (TSXV:AGH.H) 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.


Canadian Silver Hunter Return-on-Tangible-Equity Related Terms

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


Canadian Silver Hunter (TSXV:AGH.H) Business Description

Traded in Other Exchanges
N/A
Address
65 Harbour Square, Suite 904, Toronto, ON, CAN, M5J 2L4
Canadian Silver Hunter Inc is an exploration stage company engaged in the exploration and development of base and precious metal mineral properties. Its South Lorrain project is located in South Lorrain Township, Larder Lake Mining Division, Ontario and is comprised of the past-producing Keeley and Frontier silver-cobalt mines, the Veinlode Silver Mines mining leases, the Montreal River Extension claims, and the Tooth Lake claim. The other properties of the company include the Lost Dog property and the Dark Horse property. The company operates in one business segment being, the exploration for gold and silver. It operates in one business segment, the exploration of gold, silver and battery tech metals.

Canadian Silver Hunter (TSXV:AGH.H) Headlines

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