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ABCFF (Abacus Mining & Exploration) Return-on-Tangible-Asset : -62.33% (As of Mar. 2025)


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What is Abacus Mining & Exploration Return-on-Tangible-Asset?

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. Abacus Mining & Exploration's annualized Net Income for the quarter that ended in Mar. 2025 was $-3.68 Mil. Abacus Mining & Exploration's average total tangible assets for the quarter that ended in Mar. 2025 was $5.90 Mil. Therefore, Abacus Mining & Exploration's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was -62.33%.

The historical rank and industry rank for Abacus Mining & Exploration's Return-on-Tangible-Asset or its related term are showing as below:

ABCFF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -129.84   Med: -50.46   Max: -8.31
Current: -53.56

During the past 13 years, Abacus Mining & Exploration's highest Return-on-Tangible-Asset was -8.31%. The lowest was -129.84%. And the median was -50.46%.

ABCFF's Return-on-Tangible-Asset is ranked worse than
71.43% of 2657 companies
in the Metals & Mining industry
Industry Median: -17.37 vs ABCFF: -53.56

Abacus Mining & Exploration Return-on-Tangible-Asset Historical Data

The historical data trend for Abacus Mining & 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.

Abacus Mining & Exploration Return-on-Tangible-Asset Chart

Abacus Mining & Exploration Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -47.65 -88.75 -56.05 -24.81 -47.80

Abacus Mining & Exploration Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset Get a 7-Day Free Trial 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 -49.08 -45.08 -56.46 -48.61 -62.33

Competitive Comparison of Abacus Mining & Exploration's Return-on-Tangible-Asset

For the Other Industrial Metals & Mining subindustry, Abacus Mining & 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.


Abacus Mining & Exploration's Return-on-Tangible-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Abacus Mining & Exploration's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Abacus Mining & Exploration's Return-on-Tangible-Asset falls into.


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Abacus Mining & Exploration Return-on-Tangible-Asset Calculation

Abacus Mining & Exploration's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-2.829/( (5.883+5.954)/ 2 )
=-2.829/5.9185
=-47.80 %

Abacus Mining & Exploration's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=-3.676/( (5.954+5.842)/ 2 )
=-3.676/5.898
=-62.33 %

* 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 (Mar. 2025) net income data.


Abacus Mining & Exploration  (OTCPK:ABCFF) 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.


Abacus Mining & Exploration Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Abacus Mining & Exploration's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Abacus Mining & Exploration Business Description

Traded in Other Exchanges
Address
701 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V7Y 1C6
Abacus Mining & Exploration Corp is an exploration-stage company engaged principally in the acquisition, exploration, and development of mineral properties in Canada. Its project portfolio comprises the Ajax Copper-Gold Porphyry Project, located near Kamloops, British Columbia, Canada, and the Willow Copper-Molybdenum Porphyry Project, located in the Buckskin Mountain Range, in Nevada, USA. The company operates in a single segment, i.e., the mineral exploration sector, and has its presence in Canada and the United States.

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