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Metalla Royalty & Streaming (TSXV:MTA) ROE % : -1.84% (As of Sep. 2024)


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What is Metalla Royalty & Streaming ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Metalla Royalty & Streaming's annualized net income for the quarter that ended in Sep. 2024 was C$-6.34 Mil. Metalla Royalty & Streaming's average Total Stockholders Equity over the quarter that ended in Sep. 2024 was C$343.50 Mil. Therefore, Metalla Royalty & Streaming's annualized ROE % for the quarter that ended in Sep. 2024 was -1.84%.

The historical rank and industry rank for Metalla Royalty & Streaming's ROE % or its related term are showing as below:

TSXV:MTA' s ROE % Range Over the Past 10 Years
Min: -216.1   Med: -13.63   Max: -2.74
Current: -2.74

During the past 13 years, Metalla Royalty & Streaming's highest ROE % was -2.74%. The lowest was -216.10%. And the median was -13.63%.

TSXV:MTA's ROE % is ranked better than
72.79% of 2418 companies
in the Metals & Mining industry
Industry Median: -16.995 vs TSXV:MTA: -2.74

Metalla Royalty & Streaming ROE % Historical Data

The historical data trend for Metalla Royalty & Streaming'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.

Metalla Royalty & Streaming ROE % Chart

Metalla Royalty & Streaming Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 Dec21 Dec22 Dec23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.37 -9.64 -13.63 -10.25 -3.13

Metalla Royalty & Streaming Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROE % 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 -6.52 -3.89 -2.75 -2.38 -1.84

Competitive Comparison of Metalla Royalty & Streaming's ROE %

For the Other Precious Metals & Mining subindustry, Metalla Royalty & Streaming'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.


Metalla Royalty & Streaming's ROE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Metalla Royalty & Streaming's ROE % distribution charts can be found below:

* The bar in red indicates where Metalla Royalty & Streaming's ROE % falls into.



Metalla Royalty & Streaming ROE % Calculation

Metalla Royalty & Streaming's annualized ROE % for the fiscal year that ended in Dec. 2023 is calculated as

ROE %=Net Income (A: Dec. 2023 )/( (Total Stockholders Equity (A: Dec. 2022 )+Total Stockholders Equity (A: Dec. 2023 ))/ count )
=-7.831/( (161.065+339.273)/ 2 )
=-7.831/250.169
=-3.13 %

Metalla Royalty & Streaming's annualized ROE % for the quarter that ended in Sep. 2024 is calculated as

ROE %=Net Income (Q: Sep. 2024 )/( (Total Stockholders Equity (Q: Jun. 2024 )+Total Stockholders Equity (Q: Sep. 2024 ))/ count )
=-6.336/( (345.314+341.679)/ 2 )
=-6.336/343.4965
=-1.84 %

* 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 four times the quarterly (Sep. 2024) net income data. ROE % is displayed in the 30-year financial page.


Metalla Royalty & Streaming  (TSXV:MTA) 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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-6.336/343.4965
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-6.336 / 8.788)*(8.788 / 365.545)*(365.545 / 343.4965)
=Net Margin %*Asset Turnover*Equity Multiplier
=-72.1 %*0.024*1.0642
=ROA %*Equity Multiplier
=-1.73 %*1.0642
=-1.84 %

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: Sep. 2024 )
=Net Income/Total Stockholders Equity
=-6.336/343.4965
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-6.336 / -5.588) * (-5.588 / -4.452) * (-4.452 / 8.788) * (8.788 / 365.545) * (365.545 / 343.4965)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.1339 * 1.2552 * -50.66 % * 0.024 * 1.0642
=-1.84 %

Note: The net income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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.


Metalla Royalty & Streaming ROE % Related Terms

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Metalla Royalty & Streaming Business Description

Traded in Other Exchanges
Address
543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8
Metalla Royalty & Streaming Ltd is a precious metals royalty and streaming company, which engages in the acquisition and management of precious metal royalties, streams, and similar production-based interests. It's a pure-play gold and silver streaming and royalty company. It generates revenue from royalties, streams, and other interests.
Executives
Lawrence Roulston Director
Sundeep Sara Senior Officer
Brett Heath Director, Senior Officer
Kim Charisse Casswell Senior Officer
Drew Clark Senior Officer
James Beeby Director
Alexander Molyneux Director
Saurabh Handa Senior Officer
E.b. Tucker Director
Douglas Silver Director
Terry Krepiakevich Director
Inc. Coeur Mining 10% Security Holder