GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dundee Sustainable Technologies Inc (XCNQ:DST) » Definitions » Return-on-Tangible-Equity

Dundee Sustainable Technologies (XCNQ:DST) Return-on-Tangible-Equity : 0.00% (As of Sep. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Dundee Sustainable Technologies 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. Dundee Sustainable Technologies's annualized net income for the quarter that ended in Sep. 2024 was C$-3.74 Mil. Dundee Sustainable Technologies's average shareholder tangible equity for the quarter that ended in Sep. 2024 was C$-22.14 Mil. Therefore, Dundee Sustainable Technologies's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2024 was N/A%.

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

XCNQ:DST's Return-on-Tangible-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 7.06
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Dundee Sustainable Technologies Return-on-Tangible-Equity Historical Data

The historical data trend for Dundee Sustainable Technologies'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.

Dundee Sustainable Technologies Return-on-Tangible-Equity Chart

Dundee Sustainable Technologies 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 - - - - -

Dundee Sustainable Technologies 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 - - - -

Competitive Comparison of Dundee Sustainable Technologies's Return-on-Tangible-Equity

For the Pollution & Treatment Controls subindustry, Dundee Sustainable Technologies'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.


Dundee Sustainable Technologies's Return-on-Tangible-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dundee Sustainable Technologies's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Dundee Sustainable Technologies's Return-on-Tangible-Equity falls into.



Dundee Sustainable Technologies Return-on-Tangible-Equity Calculation

Dundee Sustainable Technologies'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 )
=-2.264/( (-17.881+-19.683 )/ 2 )
=-2.264/-18.782
=N/A %

Dundee Sustainable Technologies'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 )
=-3.744/( (-21.73+-22.551)/ 2 )
=-3.744/-22.1405
=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.


Dundee Sustainable Technologies  (XCNQ:DST) 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.


Dundee Sustainable Technologies Return-on-Tangible-Equity Related Terms

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


Dundee Sustainable Technologies Business Description

Traded in Other Exchanges
N/A
Address
2000 Peel Street, Suite 860, Montreal, QC, CAN, H3A 2W5
Dundee Sustainable Technologies Inc is engaged in offering metallurgical processes for the treatment of complex and refractory material from mining operations. The company processes are applied for the extraction of precious metals and for the removal and stabilization of contaminants, such as arsenic, antimony, and cadmium from ores and concentrates.

Dundee Sustainable Technologies Headlines