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. The BC Bud's annualized net income for the quarter that ended in Aug. 2024 was C$-1.59 Mil. The BC Bud's average shareholder tangible equity for the quarter that ended in Aug. 2024 was C$0.25 Mil. Therefore, The BC Bud's annualized Return-on-Tangible-Equity for the quarter that ended in Aug. 2024 was -638.08%.
The historical rank and industry rank for The BC Bud's Return-on-Tangible-Equity or its related term are showing as below:
XCNQ:BCBC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -259.05 Med: -161.47 Max: -104.32
Current: -255.78
During the past 3 years, The BC Bud's highest Return-on-Tangible-Equity was -104.32%. The lowest was -259.05%. And the median was -161.47%.
XCNQ:BCBC's Return-on-Tangible-Equity is ranked worse than 95.93% of 908
companies
in the Drug Manufacturers industry
Industry Median: 6.35
vs XCNQ:BCBC: -255.78
The BC Bud Return-on-Tangible-Equity Historical Data
The historical data trend for The BC Bud'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.
Competitive Comparison of The BC Bud's Return-on-Tangible-Equity
For the Drug Manufacturers - Specialty & Generic subindustry, The BC Bud'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.
The BC Bud's Return-on-Tangible-Equity Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, The BC Bud's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where The BC Bud's Return-on-Tangible-Equity falls into.
The BC Bud Return-on-Tangible-Equity Calculation
The BC Bud's annualized Return-on-Tangible-Equity for the fiscal year that ended in Feb. 2024 is calculated as
* 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 (Aug. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
The BC Bud (XCNQ:BCBC) 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.
The BC Bud Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of The BC Bud's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
The BC Bud Corp is a house of brands based in British Columbia, Canada selling products in the dried flower, concentrates, vape cartridges, and edibles categories under The BC Bud Co., Solventless Solutions. brands. As a cannabis company, it focuses on creating a brand model rather than investing in redundant and low-margin cultivation facilities. Coming with a vision to embrace a world with fewer distribution borders, prioritizing the brand experience.
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