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Oragin Foods (TSXV:OG.H) Return-on-Tangible-Equity : -106.94% (As of Jul. 2022)


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What is Oragin Foods 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. Oragin Foods's annualized net income for the quarter that ended in Jul. 2022 was C$-3.16 Mil. Oragin Foods's average shareholder tangible equity for the quarter that ended in Jul. 2022 was C$2.96 Mil. Therefore, Oragin Foods's annualized Return-on-Tangible-Equity for the quarter that ended in Jul. 2022 was -106.94%.

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

TSXV:OG.H's Return-on-Tangible-Equity is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 8.075
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Oragin Foods Return-on-Tangible-Equity Historical Data

The historical data trend for Oragin Foods'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.

Oragin Foods Return-on-Tangible-Equity Chart

Oragin Foods Annual Data
Trend Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.99 -34.22 -124.26 -7.78 -77.68

Oragin Foods Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22
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 -34.40 -75.67 -92.39 -73.55 -106.94

Competitive Comparison of Oragin Foods's Return-on-Tangible-Equity

For the Packaged Foods subindustry, Oragin Foods'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.


Oragin Foods's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Oragin Foods's Return-on-Tangible-Equity distribution charts can be found below:

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



Oragin Foods Return-on-Tangible-Equity Calculation

Oragin Foods's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jan. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jan. 2022 )  (A: Jan. 2021 )(A: Jan. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jan. 2022 )  (A: Jan. 2021 )(A: Jan. 2022 )
=-2.987/( (3.912+3.779 )/ 2 )
=-2.987/3.8455
=-77.68 %

Oragin Foods's annualized Return-on-Tangible-Equity for the quarter that ended in Jul. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jul. 2022 )  (Q: Apr. 2022 )(Q: Jul. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jul. 2022 )  (Q: Apr. 2022 )(Q: Jul. 2022 )
=-3.16/( (3.291+2.619)/ 2 )
=-3.16/2.955
=-106.94 %

* 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 (Jul. 2022) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Oragin Foods  (TSXV:OG.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.


Oragin Foods Return-on-Tangible-Equity Related Terms

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Oragin Foods Business Description

Traded in Other Exchanges
N/A
Address
579 Kerr Street, Oakville, ON, CAN, V6B 4M9
Oragin Foods Inc is a Canadian multi-pronged food company, that owns and operates canada's natural and organic food retailers, where new and innovativefood and beverage brands are developed, acquired, grown and commercialized through a Consumer-Packaged Goods (CPG) Division.

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