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Graphite One (TSXV:GPH) Return-on-Tangible-Equity : -9.72% (As of Sep. 2024)


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What is Graphite One 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. Graphite One's annualized net income for the quarter that ended in Sep. 2024 was C$-8.08 Mil. Graphite One's average shareholder tangible equity for the quarter that ended in Sep. 2024 was C$83.13 Mil. Therefore, Graphite One's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was -9.72%.

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

TSXV:GPH' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -34.55   Med: -15.8   Max: -7.99
Current: -10.99

During the past 13 years, Graphite One's highest Return-on-Tangible-Equity was -7.99%. The lowest was -34.55%. And the median was -15.80%.

TSXV:GPH's Return-on-Tangible-Equity is ranked better than
58.57% of 2404 companies
in the Metals & Mining industry
Industry Median: -17.29 vs TSXV:GPH: -10.99

Graphite One Return-on-Tangible-Equity Historical Data

The historical data trend for Graphite One'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.

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Graphite One Return-on-Tangible-Equity Chart

Graphite One Annual Data
Trend Sep14 Sep15 Sep16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.56 -15.78 -34.55 -14.34 -15.82

Graphite One Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -12.84 -15.54 -7.94 -10.83 -9.72

Competitive Comparison of Graphite One's Return-on-Tangible-Equity

For the Other Industrial Metals & Mining subindustry, Graphite One'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.


Graphite One's Return-on-Tangible-Equity Distribution in the Metals & Mining Industry

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

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



Graphite One Return-on-Tangible-Equity Calculation

Graphite One'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 )
=-11.339/( (64.409+78.945 )/ 2 )
=-11.339/71.677
=-15.82 %

Graphite One's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=-8.08/( (83.914+82.337)/ 2 )
=-8.08/83.1255
=-9.72 %

* 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. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Graphite One  (TSXV:GPH) 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.


Graphite One Return-on-Tangible-Equity Related Terms

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


Graphite One Business Description

Traded in Other Exchanges
Address
777 Hornby Street, Suite 600, Vancouver, BC, CAN, V6Z 1S4
Graphite One Inc is developing its Graphite One Project to become a producer of high-grade anode materials integrated with a U.S. graphite resource. The project would mine, process, and manufacture anode materials for the lithium-ion battery market. Graphite would be mined at the company's Graphite Creek Property about 60 km north of Nome, Alaska, and processed into concentrate at an adjacent plant. Natural and artificial graphite anode materials and other graphite products would be manufactured from the concentrate and other materials at the company's proposed graphite materials manufacturing facility in Washington State.
Executives
Zhengli Tan Senior Officer
Patrick Smith Director

Graphite One Headlines

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