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. Stuhini Exploration's annualizedNet Income for the quarter that ended in Nov. 2022 was C$0.36 Mil. Stuhini Exploration's average total tangible assets for the quarter that ended in Nov. 2022 was C$8.17 Mil. Therefore, Stuhini Exploration's annualized Return-on-Tangible-Asset for the quarter that ended in Nov. 2022 was 4.45%.
The historical rank and industry rank for Stuhini Exploration's Return-on-Tangible-Asset or its related term are showing as below:
TSXV:STU'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -39.78 Med: -25.84 Max: -5.07
Current: -5.07
During the past 5 years, Stuhini Exploration's highest Return-on-Tangible-Asset was -5.07%. The lowest was -39.78%. And the median was -25.84%.
TSXV:STU's Return-on-Tangible-Asset is ranked better than 68.32% of 2614
companies
in the Metals & Mining industry
Industry Median: -14.68
vs TSXV:STU: -5.07
Stuhini Exploration Return-on-Tangible-Asset Historical Data
The historical data trend for Stuhini Exploration's Return-on-Tangible-Asset 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.
Stuhini Exploration Annual Data
Trend
Feb18
Feb19
Feb20
Feb21
Feb22
Return-on-Tangible-Asset
-
-39.78
-39.31
-11.80
-12.37
Stuhini Exploration Quarterly Data
May18
Aug18
Nov18
Feb19
May19
Aug19
Nov19
Feb20
May20
Aug20
Nov20
Feb21
May21
Aug21
Nov21
Feb22
May22
Aug22
Nov22
Return-on-Tangible-Asset
-15.62
-8.09
-15.78
-3.74
4.45
Competitive Comparison
For the Other Industrial Metals & Mining subindustry, Stuhini Exploration's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.
Stuhini Exploration Return-on-Tangible-Asset Distribution
For the Metals & Mining industry and Basic Materials sector, Stuhini Exploration's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Stuhini Exploration's Return-on-Tangible-Asset falls in comparison to its industry or sector. The grey bar indicates the Return-on-Tangible-Asset's extreme value range as defined by GuruFocus.
* 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-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 (Nov. 2022) net income data.
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 companys 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 companys 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.
Stuhini Exploration Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Stuhini Exploration's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Stuhini Exploration (TSXV:STU) Business Description
Stuhini Exploration Ltd is a mineral exploration company. It is focused on the exploration and development of base and precious metals projects in western Canada. Its flagship Ruby Creek Project in British Columbia contains the historic Adanac molybdenum deposit as well as numerous greenfields silver and gold showings. The company's property portfolio also includes the South Thompson Nickel Project in Manitoba, the Big Ledge Zinc Project in southern British Columbia and the Que Project in the Yukon.
Create New Portfolio
Portfolio Contest
Personalize
Premium Gurus 
(1.85%) Volume: 31,803 Mar. 20
Email Alerts
Stock PDF
RSS
Website
Sources
Download
Manual of Stocks™ Web APP
TSXV:STU has been successfully added to your 
