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Romana Food Blockchain (Romana Food Blockchain) Return-on-Tangible-Equity : 0.00% (As of Jul. 2010)


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What is Romana Food Blockchain 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. Romana Food Blockchain's annualized net income for the quarter that ended in Jul. 2010 was $0.00 Mil. Romana Food Blockchain's average shareholder tangible equity for the quarter that ended in Jul. 2010 was $0.00 Mil. Therefore, Romana Food Blockchain's annualized Return-on-Tangible-Equity for the quarter that ended in Jul. 2010 was N/A%.

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

RFBC's Return-on-Tangible-Equity is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 7.73
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Romana Food Blockchain Return-on-Tangible-Equity Historical Data

The historical data trend for Romana Food Blockchain'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.

Romana Food Blockchain Return-on-Tangible-Equity Chart

Romana Food Blockchain Annual Data
Trend Oct07 Oct08 Oct09
Return-on-Tangible-Equity
-223.08 -4,020.00 -

Romana Food Blockchain Quarterly Data
Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10
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 - - - - -

Competitive Comparison of Romana Food Blockchain's Return-on-Tangible-Equity

For the Packaged Foods subindustry, Romana Food Blockchain'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.


Romana Food Blockchain's Return-on-Tangible-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Romana Food Blockchain's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Romana Food Blockchain's Return-on-Tangible-Equity falls into.



Romana Food Blockchain Return-on-Tangible-Equity Calculation

Romana Food Blockchain's annualized Return-on-Tangible-Equity for the fiscal year that ended in Oct. 2009 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Oct. 2009 )  (A: Oct. 2008 )(A: Oct. 2009 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Oct. 2009 )  (A: Oct. 2008 )(A: Oct. 2009 )
=-0.025/( (-0.003+-0.017 )/ 2 )
=-0.025/-0.01
=N/A %

Romana Food Blockchain's annualized Return-on-Tangible-Equity for the quarter that ended in Jul. 2010 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jul. 2010 )  (Q: Apr. 2010 )(Q: Jul. 2010 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jul. 2010 )  (Q: Apr. 2010 )(Q: Jul. 2010 )
=0/( (0+0)/ 1 )
=0/0
=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 (Jul. 2010) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Romana Food Blockchain  (OTCPK:RFBC) 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.


Romana Food Blockchain Return-on-Tangible-Equity Related Terms

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


Romana Food Blockchain (Romana Food Blockchain) Business Description

Traded in Other Exchanges
N/A
Address
2910 Sheridan Way, Oakville, ON, CAN, L6J 7J8
Romana Food Blockchain Corp is a USA based company that owns and operates a food processing plants specializing in Italian products. Its clients include Costco, Imvescor, Loblaws, Maxi, Metro, Provigo, Sobeys, Super C and Trader Joe's.

Romana Food Blockchain (Romana Food Blockchain) Headlines

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