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BGDFF (Barton Gold Holdings) ROE % : -178.98% (As of Dec. 2023)


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What is Barton Gold Holdings ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Barton Gold Holdings's annualized net income for the quarter that ended in Dec. 2023 was $-7.88 Mil. Barton Gold Holdings's average Total Stockholders Equity over the quarter that ended in Dec. 2023 was $4.41 Mil. Therefore, Barton Gold Holdings's annualized ROE % for the quarter that ended in Dec. 2023 was -178.98%.

The historical rank and industry rank for Barton Gold Holdings's ROE % or its related term are showing as below:

BGDFF' s ROE % Range Over the Past 10 Years
Min: -144.91   Med: -54.18   Max: -33.45
Current: -144.91

During the past 4 years, Barton Gold Holdings's highest ROE % was -33.45%. The lowest was -144.91%. And the median was -54.18%.

BGDFF's ROE % is ranked worse than
89.16% of 2418 companies
in the Metals & Mining industry
Industry Median: -16.985 vs BGDFF: -144.91

Barton Gold Holdings ROE % Historical Data

The historical data trend for Barton Gold Holdings's ROE % 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.

Barton Gold Holdings ROE % Chart

Barton Gold Holdings Annual Data
Trend Jun21 Jun22 Jun23 Jun24
ROE %
-54.18 -31.83 -58.37 -124.35

Barton Gold Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROE % Get a 7-Day Free Trial 6.16 -89.38 -45.29 -178.98 -130.14

Competitive Comparison of Barton Gold Holdings's ROE %

For the Gold subindustry, Barton Gold Holdings's ROE %, along with its competitors' market caps and ROE % 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.


Barton Gold Holdings's ROE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Barton Gold Holdings's ROE % distribution charts can be found below:

* The bar in red indicates where Barton Gold Holdings's ROE % falls into.



Barton Gold Holdings ROE % Calculation

Barton Gold Holdings's annualized ROE % for the fiscal year that ended in Jun. 2023 is calculated as

ROE %=Net Income (A: Jun. 2023 )/( (Total Stockholders Equity (A: Jun. 2022 )+Total Stockholders Equity (A: Jun. 2023 ))/ count )
=-3.811/( (7.216+5.841)/ 2 )
=-3.811/6.5285
=-58.37 %

Barton Gold Holdings's annualized ROE % for the quarter that ended in Dec. 2023 is calculated as

ROE %=Net Income (Q: Dec. 2023 )/( (Total Stockholders Equity (Q: Jun. 2023 )+Total Stockholders Equity (Q: Dec. 2023 ))/ count )
=-7.884/( (5.841+2.969)/ 2 )
=-7.884/4.405
=-178.98 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder 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. 2023) net income data. ROE % is displayed in the 30-year financial page.


Barton Gold Holdings  (OTCPK:BGDFF) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-7.884/4.405
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-7.884 / 0)*(0 / 15.0805)*(15.0805 / 4.405)
=Net Margin %*Asset Turnover*Equity Multiplier
=N/A %*0*3.4235
=ROA %*Equity Multiplier
=N/A %*3.4235
=-178.98 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2023 )
=Net Income/Total Stockholders Equity
=-7.884/4.405
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-7.884 / -7.884) * (-7.884 / -6.742) * (-6.742 / 0) * (0 / 15.0805) * (15.0805 / 4.405)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.1694 * N/A % * 0 * 3.4235
=-178.98 %

Note: The net income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 2023) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Barton Gold Holdings ROE % Related Terms

Thank you for viewing the detailed overview of Barton Gold Holdings's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Barton Gold Holdings Business Description

Traded in Other Exchanges
Address
12 Gilles Street, Level 4, Adelaide, SA, AUS, 5000
Barton Gold Holdings Ltd is a mineral exploration company. Its projects comprise Tarcoola, Tunkillia and Challenger, among others. The company operates in one operating segment, being exploration in Australia.

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