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SOPerior Fertilizer (TSXV:SOP.H) Return-on-Tangible-Equity : 0.00% (As of Sep. 2024)


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What is SOPerior Fertilizer 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. SOPerior Fertilizer's annualized net income for the quarter that ended in Sep. 2024 was C$-2.76 Mil. SOPerior Fertilizer's average shareholder tangible equity for the quarter that ended in Sep. 2024 was C$-7.70 Mil. Therefore, SOPerior Fertilizer's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was N/A%.

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

During the past 13 years, SOPerior Fertilizer's highest Return-on-Tangible-Equity was 10.70%. The lowest was -269.41%. And the median was -9.15%.

TSXV:SOP.H's Return-on-Tangible-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: -17.17
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

SOPerior Fertilizer Return-on-Tangible-Equity Historical Data

The historical data trend for SOPerior Fertilizer'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.

SOPerior Fertilizer Return-on-Tangible-Equity Chart

SOPerior Fertilizer Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -269.41 - - Negative Tangible Equity -

SOPerior Fertilizer Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - Negative Tangible Equity Negative Tangible Equity -

Competitive Comparison of SOPerior Fertilizer's Return-on-Tangible-Equity

For the Other Industrial Metals & Mining subindustry, SOPerior Fertilizer'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.


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

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

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


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SOPerior Fertilizer Return-on-Tangible-Equity Calculation

SOPerior Fertilizer's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-3.095/( (-5.068+-6.983 )/ 2 )
=-3.095/-6.0255
=N/A %

SOPerior Fertilizer's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=-2.76/( (-7.615+-7.784)/ 2 )
=-2.76/-7.6995
=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 (Sep. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


SOPerior Fertilizer  (TSXV:SOP.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.


SOPerior Fertilizer Return-on-Tangible-Equity Related Terms

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SOPerior Fertilizer Business Description

Traded in Other Exchanges
N/A
Address
5213 Durie Road, Suite 401, Mississauga, ON, CAN, L5M 2C6
SOPerior Fertilizer Corp is an exploration and development-stage company. The company's principal activity is to develop projects focused on the production of sulfate of potash (SOP). Its principal mineral project is the Blawn Mountain project and its manufacturing project is the Valleyfield Fertilizer project. The Blawn Mountain Project is focused on the exploration, development and production of mineral resources for alunite in order to produce SOP, co-product sulphuric acid and alumina. The Corporation manages its business under a single operating segment, consisting of exploration and evaluation activities.

SOPerior Fertilizer Headlines

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