Return on Tangible Equity (Quarterly)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

Envirotech Vehicles, Inc. (EVTV) had Return on Tangible Equity of -258.73% for the most recently reported fiscal quarter, ending 2025-03-31.

Quarterly Annual

Figures for fiscal quarter ending 2025-03-31

Income Statement Financials
Revenue	$0.59M
Net Income	$-14.04M
Cost of Goods Sold	$0.47M
Gross Profit	$0.12M
Operating Expenses	$14.32M
Operating Income	$-13.73M
Non-Operating Income/Expense	$-0.30M
Pre-Tax Income	$-14.04M
Normalized Pre-Tax Income	$-14.04M
Income after Taxes	$-14.04M
Income from Continuous Operations	$-14.04M
Consolidated Net Income/Loss	$-14.04M
Normalized Income after Taxes	$-14.04M
EBIT	$-13.73M
EBITDA	$-3.35M
Weighted-Average Shares Outstanding (Basic)	21.81M
Weighted-Average Shares Outstanding (Diluted)	21.81M
Earnings per Share (EPS) (Basic)	$-0.64
Earnings per Share (EPS) (Diluted)	$-0.64
Balance Sheet Financials
Current Assets	$20.07M
Property, Plant, and Equipment	$0.71M
Long-Term Assets	$4.78M
Total Assets	$24.84M
Current Liabilities	$15.67M
Long-Term Debt	$0.00M
Long-Term Liabilities	$0.00M
Total Liabilities	$15.67M
Common Equity	$9.17M
Tangible Shareholders Equity	$5.43M
Shareholders Equity	$9.17M
Common Shares Outstanding	23.11M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$-4.22M
Cash Flow from Investing Activities	$-0.18M
Cash Flow from Financial Activities	$2.66M
Beginning Cash	$1.94M
End Cash	$0.21M
Increase/Decrease in Cash	$-1.73M
Stock-Based Compensation	$0.55M
Common Stock Dividends Paid	--
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.28
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.00
Debt to Equity Ratio	0.54
Gross Margin	20.22%
Operating Margin	-2325.17%
EBIT Margin	-2325.17%
EBITDA Margin	--
Pre-Tax Profit Margin	-2376.76%
Profit Margin	-2376.76%
Free Cash Flow	$-4.39M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.02
Inventory Turnover	0.08
Receiveable Turnover	0.19
Days Sales in Receivables	472.68
Return on Equity	-153.05%
Return on Tangible Equity	-258.73%
Return on Assets	-56.50%
Return on Investments	-153.01%
Book Value Per Share	$0.40
Free Cash Flow per Share	$-0.20
Operating Cash Flow per Share	$-0.19

Data from Zacks Investment Research, Inc.