The historical rank and industry rank for Westshore Terminals Investment's Return-on-Tangible-Asset or its related term are showing as below:
WTSHF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.4 Med: 16.58 Max: 46.12
Current: 12.44
During the past 13 years, Westshore Terminals Investment's highest Return-on-Tangible-Asset was 46.12%. The lowest was 7.40%. And the median was 16.58%.
WTSHF's Return-on-Tangible-Asset is ranked better than 88.15% of 979
companies
in the Transportation industry
Industry Median: 3.89
vs WTSHF: 12.44
Westshore Terminals Investment Return-on-Tangible-Asset Historical Data
* 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.
Competitive Comparison of Westshore Terminals Investment's Return-on-Tangible-Asset
For the Marine Shipping subindustry, Westshore Terminals Investment'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.
Westshore Terminals Investment's Return-on-Tangible-Asset Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Westshore Terminals Investment's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Westshore Terminals Investment's Return-on-Tangible-Asset falls into.
* 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 (Dec. 2023) 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.
Westshore Terminals Investment Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Westshore Terminals Investment's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Westshore Terminals Investment (Westshore Terminals Investment) Business Description
Westshore Terminals Investment Corporation is a Canada-based company, which owns the Westshore Terminals Limited Partnership. The company operates a coal storage and loading terminal at Roberts Bank, British Columbia, and revenue is derived from rates charged for loading coal onto seagoing vessels. The company services coal from mines in British Columbia, Alberta, and the northwestern United States. The coal is delivered to the terminal in unit trains and then unloaded and transferred onto a ship. It is then shipped to multiple countries across the world, with the majority headed to Japan, Korea and China.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
WTSHF has been successfully added to your 