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CFN Enterprises (CFN Enterprises) Return-on-Tangible-Equity : 0.00% (As of Mar. 2024)


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What is CFN Enterprises 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. CFN Enterprises's annualized net income for the quarter that ended in Mar. 2024 was $-2.59 Mil. CFN Enterprises's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $-13.75 Mil. Therefore, CFN Enterprises's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was N/A%.

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

CNFN's Return-on-Tangible-Equity is not ranked *
in the Media - Diversified industry.
Industry Median: 5.41
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

CFN Enterprises Return-on-Tangible-Equity Historical Data

The historical data trend for CFN Enterprises'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.

CFN Enterprises Return-on-Tangible-Equity Chart

CFN Enterprises Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity - - - -

CFN Enterprises Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of CFN Enterprises's Return-on-Tangible-Equity

For the Advertising Agencies subindustry, CFN Enterprises'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.


CFN Enterprises's Return-on-Tangible-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, CFN Enterprises's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where CFN Enterprises's Return-on-Tangible-Equity falls into.



CFN Enterprises Return-on-Tangible-Equity Calculation

CFN Enterprises's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-15.187/( (-9.172+-13.431 )/ 2 )
=-15.187/-11.3015
=N/A %

CFN Enterprises's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-2.592/( (-13.431+-14.068)/ 2 )
=-2.592/-13.7495
=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 (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


CFN Enterprises  (OTCPK:CNFN) 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.


CFN Enterprises Return-on-Tangible-Equity Related Terms

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


CFN Enterprises (CFN Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
600 E.8th Street, Whitefish, MT, USA, 59937
CFN Enterprises Inc is a creative agency and media network dedicated to the legal cannabis industry. Its CFN Business generates revenue through sponsored content, articles, press releases, videos, podcasts, advertisements, and other media, email advertisements, and other marketing campaigns run on behalf of public and private companies in the cannabis industry.
Executives
Anness Ziadeh officer: Chief Sales/Marketing Officer 600 EAST 8TH STREET, WHITEFISH MT 59937
Rami Abi 10 percent owner, officer: Chief Strategy Officer 600 EAST 8TH STREET, WHITEFISH MT 59937
Allen Park 10 percent owner, officer: Chief Operating Officer 600 EAST 8TH STREET, WHITEFISH MT 59937
Brian S Ross director, officer: President & CEO C/O ACCELERIZE NEW MEDIA, INC., 6477 HIGHWAY 93 SOUTH, SUITE 303, WHITEFISH MT 59937
Anthony Zingarelli 10 percent owner 600 E. 8TH STREET, WHITEFISH MT 59937
Frank Lane officer: President of CFN Media 2601 OCEAN PARK BLVD., SUITE 310, SANTA MONICA CA 90405
Darren Dayton 10 percent owner 143 CALLE MAYOR, REDONDO BEACH CA 90277
Ryan Beedie Family Trust Iii 10 percent owner 1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Ryan Beedie 10 percent owner 1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
4358 Investments Ltd 10 percent owner 1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Beedie Oyii Holdings Ltd. 10 percent owner 1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Beedie Investments Ltd 10 percent owner 1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Beedie Holdings Ltd. 10 percent owner 1730-1111 WEST GEORGIA STREET, VANCOUVER A1 V6E 4M3
Paul Dumais officer: Sr. VP, Product Development C/O ACCELERIZE, INC., 20411 SW BIRCH STREET, SUITE 250, NEWPORT BEACH CA 92660
Damon S Stein officer: General Counsel C/O ACCELERIZE NEW MEDIA, INC., 6477 HIGHWAY 93 SOUTH, SUITE 303, WHITEFISH MT 59937