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Hampton Financial (TSXV:HFC.PR.A.PFD) Return-on-Tangible-Equity : 0.00% (As of Nov. 2023)


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What is Hampton Financial 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. Hampton Financial's annualized net income for the quarter that ended in Nov. 2023 was C$-2.25 Mil. Hampton Financial's average shareholder tangible equity for the quarter that ended in Nov. 2023 was C$-3.58 Mil. Therefore, Hampton Financial's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2023 was N/A%.

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

TSXV:HFC.PR.A.PFD's Return-on-Tangible-Equity is not ranked *
in the Capital Markets industry.
Industry Median: 5.525
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Hampton Financial Return-on-Tangible-Equity Historical Data

The historical data trend for Hampton Financial'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.

Hampton Financial Return-on-Tangible-Equity Chart

Hampton Financial Annual Data
Trend Jun15 Jun16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only - - Negative Tangible Equity Negative Tangible Equity -

Hampton Financial Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 - - - - -

Competitive Comparison of Hampton Financial's Return-on-Tangible-Equity

For the Capital Markets subindustry, Hampton Financial'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.


Hampton Financial's Return-on-Tangible-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Hampton Financial's Return-on-Tangible-Equity distribution charts can be found below:

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



Hampton Financial Return-on-Tangible-Equity Calculation

Hampton Financial's annualized Return-on-Tangible-Equity for the fiscal year that ended in Aug. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Aug. 2023 )  (A: Aug. 2022 )(A: Aug. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Aug. 2023 )  (A: Aug. 2022 )(A: Aug. 2023 )
=-2.92/( (-0.426+-3.303 )/ 2 )
=-2.92/-1.8645
=N/A %

Hampton Financial's annualized Return-on-Tangible-Equity for the quarter that ended in Nov. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Nov. 2023 )  (Q: Aug. 2023 )(Q: Nov. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Nov. 2023 )  (Q: Aug. 2023 )(Q: Nov. 2023 )
=-2.252/( (-3.303+-3.865)/ 2 )
=-2.252/-3.584
=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 (Nov. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Hampton Financial  (TSXV:HFC.PR.A.PFD) 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.


Hampton Financial Return-on-Tangible-Equity Related Terms

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


Hampton Financial (TSXV:HFC.PR.A.PFD) Business Description

Traded in Other Exchanges
Address
141 Adelaide Street West, Suite 1800, Toronto, ON, CAN, M5H 3L5
Hampton Financial Corp along with its subsidiaries operates as an investment dealer and provides investment advisory and brokerage services. It also offers wealth management services to retail and institutional clients. In addition, the company provides investment banking services, which include assisting companies with raising capital, advising on mergers and acquisitions, and aiding issuers in obtaining a listing on a recognized securities exchange in Canada. The Company operates in only one business segment, namely investment advisory and brokerage services.

Hampton Financial (TSXV:HFC.PR.A.PFD) Headlines

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