GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Coloured Ties Capital Inc (TSXV:TIE) » Definitions » Return-on-Tangible-Equity

Coloured Ties Capital (TSXV:TIE) Return-on-Tangible-Equity : -95.79% (As of Jun. 2024)


View and export this data going back to 2007. Start your Free Trial

What is Coloured Ties Capital 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. Coloured Ties Capital's annualized net income for the quarter that ended in Jun. 2024 was C$-12.32 Mil. Coloured Ties Capital's average shareholder tangible equity for the quarter that ended in Jun. 2024 was C$12.86 Mil. Therefore, Coloured Ties Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 was -95.79%.

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

TSXV:TIE' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -120.65   Med: -19.21   Max: 19.91
Current: -120.65

During the past 13 years, Coloured Ties Capital's highest Return-on-Tangible-Equity was 19.91%. The lowest was -120.65%. And the median was -19.21%.

TSXV:TIE's Return-on-Tangible-Equity is ranked worse than
98.54% of 1644 companies
in the Asset Management industry
Industry Median: 7.17 vs TSXV:TIE: -120.65

Coloured Ties Capital Return-on-Tangible-Equity Historical Data

The historical data trend for Coloured Ties Capital'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.

Coloured Ties Capital Return-on-Tangible-Equity Chart

Coloured Ties Capital Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Sep21 Sep22 Sep23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -98.52 -27.82 -16.95 -2.44 19.91

Coloured Ties Capital Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 75.47 -207.60 -89.64 -51.18 -95.79

Competitive Comparison of Coloured Ties Capital's Return-on-Tangible-Equity

For the Asset Management subindustry, Coloured Ties Capital'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.


Coloured Ties Capital's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Coloured Ties Capital's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Coloured Ties Capital's Return-on-Tangible-Equity falls into.



Coloured Ties Capital Return-on-Tangible-Equity Calculation

Coloured Ties Capital's annualized Return-on-Tangible-Equity for the fiscal year that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Sep. 2023 )  (A: Sep. 2022 )(A: Sep. 2023 )
=4.069/( (21.111+19.771 )/ 2 )
=4.069/20.441
=19.91 %

Coloured Ties Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=-12.32/( (14.316+11.406)/ 2 )
=-12.32/12.861
=-95.79 %

* 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. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Coloured Ties Capital  (TSXV:TIE) 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.


Coloured Ties Capital Return-on-Tangible-Equity Related Terms

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


Coloured Ties Capital Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, PO box 11117, Vancouver, BC, CAN, V6G 2Z6
Coloured Ties Capital Inc, is an investment company, focusing on opportunities that disrupt their business sectors. The company is having extensive expertise in portfolio allocation, investment selection, and due diligence. The company has one operating segment, being the acquisition and sale of investments in other companies.
Executives
Rauni Malhi 10% Security Holder
Zahara Kanji-aquino Senior Officer
Christopher Cooper Director
Kulwant Malhi 10% Security Holder

Coloured Ties Capital Headlines

No Headlines