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Stitch Fix Return-on-Tangible-Asset

: -22.94% (As of Jul. 2020)
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Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Stitch Fix's annualized Net Income for the quarter that ended in Jul. 2020 was $-178 Mil. Stitch Fix's average total tangible assets for the quarter that ended in Jul. 2020 was $776 Mil. Therefore, Stitch Fix's annualized Return-on-Tangible-Asset for the quarter that ended in Jul. 2020 was -22.94%.

NAS:SFIX' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.69   Med: 6.72   Max: 17.32
Current: -8.92

-9.69
17.32

During the past 5 years, Stitch Fix's highest Return-on-Tangible-Asset was 17.32%. The lowest was -9.69%. And the median was 6.72%.

NAS:SFIX's Return-on-Tangible-Asset is ranked lower than
81% of the 1030 Companies
in the Retail - Cyclical industry.

( Industry Median: 1.02 vs. NAS:SFIX: -8.92 )

Stitch Fix Return-on-Tangible-Asset Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Stitch Fix Annual Data
Jul16 Jul17 Jul18 Jul19 Jul20
Return-on-Tangible-Asset 17.32 -0.26 12.16 6.72 -9.69

Stitch Fix Quarterly Data
Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20
Return-on-Tangible-Asset 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 4.76 -0.10 5.73 -17.15 -22.94

Competitive Comparison
* 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.


Stitch Fix Return-on-Tangible-Asset Distribution

* The bar in red indicates where Stitch Fix's Return-on-Tangible-Asset falls into.



Stitch Fix Return-on-Tangible-Asset Calculation

Stitch Fix's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jul. 2020 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jul. 2020 )  (A: Jul. 2019 )(A: Jul. 2020 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jul. 2020 )  (A: Jul. 2019 )(A: Jul. 2020 )
=-67.117/( (616.066+769.429)/ 2 )
=-67.117/692.7475
=-9.69 %

Stitch Fix's annualized Return-on-Tangible-Asset for the quarter that ended in Jul. 2020 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jul. 2020 )  (Q: Apr. 2020 )(Q: Jul. 2020 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jul. 2020 )  (Q: Apr. 2020 )(Q: Jul. 2020 )
=-177.868/( (781.629+769.429)/ 2 )
=-177.868/775.529
=-22.94 %

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Jul. 2020) net income data.


Stitch Fix  (NAS:SFIX) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Stitch Fix Return-on-Tangible-Asset Related Terms


Stitch Fix Return-on-Tangible-Asset Headlines

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