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Cheetah Oil & Gas (Cheetah Oil & Gas) Return-on-Tangible-Equity : 0.00% (As of Jun. 2011)


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What is Cheetah Oil & Gas 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. Cheetah Oil & Gas's annualized net income for the quarter that ended in Jun. 2011 was $-0.10 Mil. Cheetah Oil & Gas's average shareholder tangible equity for the quarter that ended in Jun. 2011 was $-0.01 Mil. Therefore, Cheetah Oil & Gas's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2011 was N/A%.

The historical rank and industry rank for Cheetah Oil & Gas's Return-on-Tangible-Equity or its related term are showing as below:

COHG's Return-on-Tangible-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 8.085
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Cheetah Oil & Gas Return-on-Tangible-Equity Historical Data

The historical data trend for Cheetah Oil & Gas'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.

Cheetah Oil & Gas Return-on-Tangible-Equity Chart

Cheetah Oil & Gas Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -40.19 -166.73 -274.01 - -

Cheetah Oil & Gas Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11
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 Cheetah Oil & Gas's Return-on-Tangible-Equity

For the Oil & Gas E&P subindustry, Cheetah Oil & Gas'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.


Cheetah Oil & Gas's Return-on-Tangible-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cheetah Oil & Gas's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Cheetah Oil & Gas's Return-on-Tangible-Equity falls into.



Cheetah Oil & Gas Return-on-Tangible-Equity Calculation

Cheetah Oil & Gas's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2010 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2010 )  (A: Dec. 2009 )(A: Dec. 2010 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2010 )  (A: Dec. 2009 )(A: Dec. 2010 )
=-0.26/( (0.02+-0.169 )/ 2 )
=-0.26/-0.0745
=N/A %

Cheetah Oil & Gas's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2011 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2011 )  (Q: Mar. 2011 )(Q: Jun. 2011 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2011 )  (Q: Mar. 2011 )(Q: Jun. 2011 )
=-0.104/( (0.002+-0.024)/ 2 )
=-0.104/-0.011
=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 (Jun. 2011) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Cheetah Oil & Gas  (OTCPK:COHG) 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.


Cheetah Oil & Gas Return-on-Tangible-Equity Related Terms

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


Cheetah Oil & Gas (Cheetah Oil & Gas) Business Description

Traded in Other Exchanges
N/A
Address
498 Ellis Street, Second Floor, Penticton, BC, CAN, V2A 4MS
Cheetah Oil & Gas Ltd is an exploration stage oil and gas company which engages in the exploration for petroleum and natural gas.
Executives
Robert Mcallister other: formerCEO #203 - 688 LEQUIME ROAD, KELOWNA A1 V1W 1A4
Donald James Findlay director #30 NEW STREET SE, CALGARY A0 T2G 3X9

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