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Metal Reclamation Bhd (XKLS:7059) Return-on-Tangible-Equity : -86.78% (As of Mar. 2015)


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What is Metal Reclamation Bhd 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. Metal Reclamation Bhd's annualized net income for the quarter that ended in Mar. 2015 was RM-13.81 Mil. Metal Reclamation Bhd's average shareholder tangible equity for the quarter that ended in Mar. 2015 was RM15.91 Mil. Therefore, Metal Reclamation Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2015 was -86.78%.

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

XKLS:7059' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -62.19   Med: -17.34   Max: 32.72
Current: -62.19

During the past 9 years, Metal Reclamation Bhd's highest Return-on-Tangible-Equity was 32.72%. The lowest was -62.19%. And the median was -17.34%.

XKLS:7059's Return-on-Tangible-Equity is not ranked
in the Metals & Mining industry.
Industry Median: -15.95 vs XKLS:7059: -62.19

Metal Reclamation Bhd Return-on-Tangible-Equity Historical Data

The historical data trend for Metal Reclamation Bhd'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.

Metal Reclamation Bhd Return-on-Tangible-Equity Chart

Metal Reclamation Bhd Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only 32.72 10.94 -56.88 -15.50 -22.25

Metal Reclamation Bhd Quarterly Data
Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 13.44 -62.90 -45.59 -58.89 -86.78

Competitive Comparison of Metal Reclamation Bhd's Return-on-Tangible-Equity

For the Other Industrial Metals & Mining subindustry, Metal Reclamation Bhd'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.


Metal Reclamation Bhd's Return-on-Tangible-Equity Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Metal Reclamation Bhd's Return-on-Tangible-Equity falls into.



Metal Reclamation Bhd Return-on-Tangible-Equity Calculation

Metal Reclamation Bhd's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jun. 2014 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jun. 2014 )  (A: Jun. 2013 )(A: Jun. 2014 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jun. 2014 )  (A: Jun. 2013 )(A: Jun. 2014 )
=-5.196/( (25.475+21.222 )/ 2 )
=-5.196/23.3485
=-22.25 %

Metal Reclamation Bhd's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2015 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2015 )  (Q: Dec. 2014 )(Q: Mar. 2015 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2015 )  (Q: Dec. 2014 )(Q: Mar. 2015 )
=-13.808/( (17.73+14.092)/ 2 )
=-13.808/15.911
=-86.78 %

* 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. 2015) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Metal Reclamation Bhd  (XKLS:7059) 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.


Metal Reclamation Bhd Return-on-Tangible-Equity Related Terms

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Metal Reclamation Bhd (XKLS:7059) Business Description

Traded in Other Exchanges
N/A
Address
Metal Reclamation Bhd, through its subsidiaries, is engaged in reclamation and sale of lead and lead alloys; and design, fabrication and sales of industrial machinery and equipment.

Metal Reclamation Bhd (XKLS:7059) Headlines

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