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Hunter Technology (TSXV:HOC.H) Return-on-Tangible-Equity : 0.00% (As of Jun. 2023)


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What is Hunter Technology 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. Hunter Technology's annualized net income for the quarter that ended in Jun. 2023 was C$-0.31 Mil. Hunter Technology's average shareholder tangible equity for the quarter that ended in Jun. 2023 was C$-1.12 Mil. Therefore, Hunter Technology's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2023 was N/A%.

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

TSXV:HOC.H's Return-on-Tangible-Equity is not ranked *
in the Software industry.
Industry Median: 8.47
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Hunter Technology Return-on-Tangible-Equity Historical Data

The historical data trend for Hunter Technology'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.

Hunter Technology Return-on-Tangible-Equity Chart

Hunter Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -50.17 -43.39 -154.95 - -

Hunter Technology Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 - - Negative Tangible Equity - -

Competitive Comparison of Hunter Technology's Return-on-Tangible-Equity

For the Software - Application subindustry, Hunter Technology'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.


Hunter Technology's Return-on-Tangible-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Hunter Technology's Return-on-Tangible-Equity distribution charts can be found below:

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



Hunter Technology Return-on-Tangible-Equity Calculation

Hunter Technology's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-0.091/( (-0.841+-0.977 )/ 2 )
=-0.091/-0.909
=N/A %

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

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=-0.312/( (-1.095+-1.141)/ 2 )
=-0.312/-1.118
=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 (Jun. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Hunter Technology  (TSXV:HOC.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.


Hunter Technology Return-on-Tangible-Equity Related Terms

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


Hunter Technology Business Description

Traded in Other Exchanges
N/A
Address
510 West Georgia Street, Suite 1800, Vancouver, BC, CAN, V6B 0M3
Hunter Technology Corp is a technology company, dedicated to providing a physical oil trading platform powered by a proprietary blockchain to enable independent crude oil producers to access a global market for the marketing and sale of their production; allowing buyers to access production that would otherwise be inaccessible or uneconomic to acquire or trade.

Hunter Technology Headlines

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