What is Fabled Silver Gold 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. Fabled Silver Gold's annualized net income for the quarter that ended in Sep. 2023 was C$-2.10 Mil. Fabled Silver Gold's average shareholder tangible equity for the quarter that ended in Sep. 2023 was C$-0.78 Mil. Therefore, Fabled Silver Gold's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was N/A%.
The historical rank and industry rank for Fabled Silver Gold's Return-on-Tangible-Equity or its related term are showing as below:
TSXV:FCO.H'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -946.55 Med: -118.96 Max: -4.54
Current: -946.55
During the past 9 years, Fabled Silver Gold's highest Return-on-Tangible-Equity was -4.54%. The lowest was -946.55%. And the median was -118.96%.
TSXV:FCO.H's Return-on-Tangible-Equity is ranked worse than 99.35% of 2451
companies
in the Metals & Mining industry
Industry Median: -15.97
vs TSXV:FCO.H: -946.55
Fabled Silver Gold Return-on-Tangible-Equity Historical Data
The historical data trend for Fabled Silver Gold'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.
Competitive Comparison of Fabled Silver Gold's Return-on-Tangible-Equity
For the Other Precious Metals & Mining subindustry, Fabled Silver Gold'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.
Fabled Silver Gold's Return-on-Tangible-Equity Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Fabled Silver Gold's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Fabled Silver Gold'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. 2023) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
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.
Fabled Silver Gold Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Fabled Silver Gold's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Fabled Silver Gold (TSXV:FCO.H) Business Description
Fabled Silver Gold Corp is focused on acquiring, exploring and operating properties that yield near-term metal production. The company focuses on acquiring precious metal properties in Mexico with blue-sky exploration potential. It has entered into an agreement with Golden Minerals Company to acquire the Santa Maria Property, a high-grade silver-gold property situated in the center of the Mexican epithermal silver-gold belt. The belt has been recognized as a metallogenic province, which has reportedly produced more silver than any other equivalent area in the world. The Company operates in one single reportable segment, which is the acquisition and exploration of mineral resource properties.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSXV:FCO.H has been successfully added to your 