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Blue Wave Water Capital (XTAE:BLWV-M) Return-on-Tangible-Equity : 0.00% (As of Dec. 2024)


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What is Blue Wave Water 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. Blue Wave Water Capital's annualized net income for the quarter that ended in Dec. 2024 was ₪-2.43 Mil. Blue Wave Water Capital's average shareholder tangible equity for the quarter that ended in Dec. 2024 was ₪-0.50 Mil. Therefore, Blue Wave Water Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was N/A%.

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

During the past 13 years, Blue Wave Water Capital's highest Return-on-Tangible-Equity was 54.79%. The lowest was -330.66%. And the median was -157.78%.

XTAE:BLWV-M's Return-on-Tangible-Equity is not ranked *
in the Drug Manufacturers industry.
Industry Median: 6.7
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Blue Wave Water Capital Return-on-Tangible-Equity Historical Data

The historical data trend for Blue Wave Water 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.

Blue Wave Water Capital Return-on-Tangible-Equity Chart

Blue Wave Water Capital Annual Data
Trend Dec10 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.95 -60.13 -157.78 -228.39 -

Blue Wave Water Capital Semi-Annual Data
Dec08 Dec09 Jun10 Dec10 Jun11 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -261.34 -253.14 -260.44 -769.11 -

Competitive Comparison of Blue Wave Water Capital's Return-on-Tangible-Equity

For the Drug Manufacturers - Specialty & Generic subindustry, Blue Wave Water 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.


Blue Wave Water Capital's Return-on-Tangible-Equity Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Blue Wave Water Capital's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Blue Wave Water Capital's Return-on-Tangible-Equity falls into.


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Blue Wave Water Capital Return-on-Tangible-Equity Calculation

Blue Wave Water Capital's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-3.105/( (0.761+-1.229 )/ 2 )
=-3.105/-0.234
=N/A %

Blue Wave Water Capital's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=-2.426/( (0.223+-1.229)/ 2 )
=-2.426/-0.503
=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 two times the semi-annual (Dec. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Blue Wave Water Capital  (XTAE:BLWV-M) 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.


Blue Wave Water Capital Return-on-Tangible-Equity Related Terms

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


Blue Wave Water Capital Business Description

Traded in Other Exchanges
N/A
Address
Ramat Yishai, PO Box 305, Kiryat Tivon, ISR, 3601201
Blue Wave Water Capital Ltd Formerly Pharmocann Global Ltd is an Israel-based company engaged in producing medical-related cannabis products which include oil, ointments, tablets, inhalers, rectal and vaginal suppositories, and pre-rolled cigarettes of various types of THC/CBD strains.

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