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Prosper Gold (TSXV:PGX) Return-on-Tangible-Equity : -55.29% (As of Jan. 2025)


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What is Prosper 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. Prosper Gold's annualized net income for the quarter that ended in Jan. 2025 was C$-1.18 Mil. Prosper Gold's average shareholder tangible equity for the quarter that ended in Jan. 2025 was C$2.14 Mil. Therefore, Prosper Gold's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2025 was -55.29%.

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

TSXV:PGX' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -206.4   Med: -128.58   Max: -17.79
Current: -62.73

During the past 13 years, Prosper Gold's highest Return-on-Tangible-Equity was -17.79%. The lowest was -206.40%. And the median was -128.58%.

TSXV:PGX's Return-on-Tangible-Equity is ranked worse than
75.11% of 2378 companies
in the Metals & Mining industry
Industry Median: -17.44 vs TSXV:PGX: -62.73

Prosper Gold Return-on-Tangible-Equity Historical Data

The historical data trend for Prosper 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.

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Prosper Gold Return-on-Tangible-Equity Chart

Prosper Gold Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -45.77 -206.40 -157.83 -136.96 -88.73

Prosper Gold Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 -144.46 -46.48 -77.64 -76.68 -55.29

Competitive Comparison of Prosper Gold's Return-on-Tangible-Equity

For the Other Industrial Metals & Mining subindustry, Prosper 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.


Prosper Gold's Return-on-Tangible-Equity Distribution in the Metals & Mining Industry

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

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


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Prosper Gold Return-on-Tangible-Equity Calculation

Prosper Gold's annualized Return-on-Tangible-Equity for the fiscal year that ended in Oct. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Oct. 2024 )  (A: Oct. 2023 )(A: Oct. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Oct. 2024 )  (A: Oct. 2023 )(A: Oct. 2024 )
=-1.646/( (1.709+2.001 )/ 2 )
=-1.646/1.855
=-88.73 %

Prosper Gold's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jan. 2025 )  (Q: Oct. 2024 )(Q: Jan. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2025 )  (Q: Oct. 2024 )(Q: Jan. 2025 )
=-1.184/( (2.001+2.282)/ 2 )
=-1.184/2.1415
=-55.29 %

* 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 (Jan. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Prosper Gold  (TSXV:PGX) 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.


Prosper Gold Return-on-Tangible-Equity Related Terms

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


Prosper Gold Business Description

Traded in Other Exchanges
Address
200 Burrard Street, Suite 1570, Vancouver, BC, CAN, V6C 3L6
Prosper Gold Corp is an exploration and development company. Principally, it is engaged in the acquisition, exploration, and development of mineral resource properties in British Columbia and Ontario. The company is focused on the exploration and development of the Star property in British Columbia, Canada, and exploration and development of the Ontario Projects in Ontario, Canada which includes sub-projects such as Golden Sidewalk Project, Mohave Gold Project, Nevada, United States, Cyprus Project, British Columbia, Canada and many-more.
Executives
Peter Bernier Director, Senior Officer
Rory Ritchie Senior Officer
Jason Franklin Hynes Director

Prosper Gold Headlines

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