GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Continental Beverage Brands Corp (OTCPK:CBBB) » Definitions » Return-on-Tangible-Equity

Continental Beverage Brands (Continental Beverage Brands) Return-on-Tangible-Equity : 0.00% (As of Sep. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Continental Beverage Brands 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. Continental Beverage Brands's annualized net income for the quarter that ended in Sep. 2023 was $-11.75 Mil. Continental Beverage Brands's average shareholder tangible equity for the quarter that ended in Sep. 2023 was $-0.42 Mil. Therefore, Continental Beverage Brands's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 was N/A%.

The historical rank and industry rank for Continental Beverage Brands's Return-on-Tangible-Equity or its related term are showing as below:

CBBB's Return-on-Tangible-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.545
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Continental Beverage Brands Return-on-Tangible-Equity Historical Data

The historical data trend for Continental Beverage Brands'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.

Continental Beverage Brands Return-on-Tangible-Equity Chart

Continental Beverage Brands Annual Data
Trend
Return-on-Tangible-Equity

Continental Beverage Brands Quarterly Data
Sep09 Sep10 Sep22 Sep23
Return-on-Tangible-Equity - - - -

Competitive Comparison of Continental Beverage Brands's Return-on-Tangible-Equity

For the Shell Companies subindustry, Continental Beverage Brands'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.


Continental Beverage Brands's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Continental Beverage Brands's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Continental Beverage Brands's Return-on-Tangible-Equity falls into.



Continental Beverage Brands Return-on-Tangible-Equity Calculation

Continental Beverage Brands's annualized Return-on-Tangible-Equity for the fiscal year that ended in . 20 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+ )/ )
=/
= %

Continental Beverage Brands's annualized Return-on-Tangible-Equity for the quarter that ended in Sep. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Sep. 2023 )  (Q: Sep. 2022 )(Q: Sep. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Sep. 2022 )(Q: Sep. 2023 )
=-11.752/( (0+-0.421)/ 1 )
=-11.752/-0.421
=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. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Continental Beverage Brands  (OTCPK:CBBB) 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.


Continental Beverage Brands Return-on-Tangible-Equity Related Terms

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


Continental Beverage Brands (Continental Beverage Brands) Business Description

Traded in Other Exchanges
N/A
Address
800-855 West Georgia Street, Vancouver, BC, CAN, V6C 3H1
Continental Beverage Brands Corp is a shell company.

Continental Beverage Brands (Continental Beverage Brands) Headlines

No Headlines