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Sterling Metals (TSXV:SAG) Return-on-Tangible-Equity : -37.82% (As of Mar. 2025)


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What is Sterling Metals 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. Sterling Metals's annualized net income for the quarter that ended in Mar. 2025 was C$-3.17 Mil. Sterling Metals's average shareholder tangible equity for the quarter that ended in Mar. 2025 was C$8.39 Mil. Therefore, Sterling Metals's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was -37.82%.

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

TSXV:SAG' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -444.77   Med: -25.28   Max: -8.34
Current: -70.21

During the past 13 years, Sterling Metals's highest Return-on-Tangible-Equity was -8.34%. The lowest was -444.77%. And the median was -25.28%.

TSXV:SAG's Return-on-Tangible-Equity is ranked worse than
77.54% of 2369 companies
in the Metals & Mining industry
Industry Median: -17.28 vs TSXV:SAG: -70.21

Sterling Metals Return-on-Tangible-Equity Historical Data

The historical data trend for Sterling Metals'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.

Sterling Metals Return-on-Tangible-Equity Chart

Sterling Metals Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -68.36 -18.07 -25.28 -45.10 -444.77

Sterling Metals Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -8.80 -2.54 -1.00 -332.27 -37.82

Competitive Comparison of Sterling Metals's Return-on-Tangible-Equity

For the Other Industrial Metals & Mining subindustry, Sterling Metals'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.


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

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

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


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Sterling Metals Return-on-Tangible-Equity Calculation

Sterling Metals's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-10.719/( (3.598+1.222 )/ 2 )
=-10.719/2.41
=-444.77 %

Sterling Metals's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=-3.172/( (1.222+15.55)/ 2 )
=-3.172/8.386
=-37.82 %

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


Sterling Metals  (TSXV:SAG) 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.


Sterling Metals Return-on-Tangible-Equity Related Terms

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


Sterling Metals Business Description

Traded in Other Exchanges
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Sterling Metals Corp is a Canadian mineral exploration company focused on copper and silver projects. It is advancing the Copper Road Project in Ontario and the Adeline Project in Labrador, both with exploration potential. The company also holds the Sail Pond project in Newfoundland.
Executives
Mathew Wilson Senior Officer
Richard J Patricio Director
Stephen Keith Director

Sterling Metals Headlines

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