GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » ALR Technologies SG Ltd (OTCPK:ALRTF) » Definitions » Return-on-Tangible-Asset

ALRTF (ALR Technologies SG) Return-on-Tangible-Asset : -31,520.00% (As of Dec. 2024)


View and export this data going back to 1998. Start your Free Trial

What is ALR Technologies SG 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. ALR Technologies SG's annualized Net Income for the quarter that ended in Dec. 2024 was $-19.70 Mil. ALR Technologies SG's average total tangible assets for the quarter that ended in Dec. 2024 was $0.06 Mil. Therefore, ALR Technologies SG's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was -31,520.00%.

The historical rank and industry rank for ALR Technologies SG's Return-on-Tangible-Asset or its related term are showing as below:

ALRTF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -360240   Med: -12034.64   Max: -2810.15
Current: -17012.14

During the past 13 years, ALR Technologies SG's highest Return-on-Tangible-Asset was -2810.15%. The lowest was -360240.00%. And the median was -12034.64%.

ALRTF's Return-on-Tangible-Asset is ranked worse than
100% of 866 companies
in the Medical Devices & Instruments industry
Industry Median: -0.995 vs ALRTF: -17012.14

ALR Technologies SG Return-on-Tangible-Asset Historical Data

The historical data trend for ALR Technologies SG'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.

ALR Technologies SG Return-on-Tangible-Asset Chart

ALR Technologies SG 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 -9,032.06 -5,244.10 -3,725.96 -2,810.15 -13,570.94

ALR Technologies SG Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -6,533.62 -1,379.21 -1,831.10 -11,996.02 -31,520.00

Competitive Comparison of ALR Technologies SG's Return-on-Tangible-Asset

For the Medical Devices subindustry, ALR Technologies SG'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.


ALR Technologies SG's Return-on-Tangible-Asset Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, ALR Technologies SG's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where ALR Technologies SG's Return-on-Tangible-Asset falls into.


;
;

ALR Technologies SG Return-on-Tangible-Asset Calculation

ALR Technologies SG'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 )
=-15.878/( (0.155+0.079)/ 2 )
=-15.878/0.117
=-13,570.94 %

ALR Technologies SG's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=-19.7/( (0.046+0.079)/ 2 )
=-19.7/0.0625
=-31,520.00 %

* 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 two times the semi-annual (Dec. 2024) net income data.


ALR Technologies SG  (OTCPK:ALRTF) 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.


ALR Technologies SG Return-on-Tangible-Asset Related Terms

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


ALR Technologies SG Business Description

Traded in Other Exchanges
N/A
Address
9 Raffles Place, No. 26-01 Republic Plaza, Singapore, SGP, 048619
ALR Technologies SG Ltd is a medical device company that focuses on commercializing its Health-e-Connect System. The company is a data management company that developed a comprehensive approach to diabetes care that includes an FDA-cleared and HIPAA-compliant Diabetes Solution product that can collect data from BGM and CGM; a patent-pending Predictive A1C algorithm to track treatment success between lab reports; and an FDA-cleared Insulin Dosing Adjustment program. Its geographical segments are the United States, which derives maximum revenue, Singapore, and Others.
Executives
Sidney Chan director, officer: CEO 7400 BEAUFONT SPRINGS DRIVE, SUITE 300, SUITE 300, RICHMOND VA 23225
Ronald Cheng director 255 SPRINGFIELD ROAD, OTTAWA A6 K1M 0K8
Peter H Stafford director 1-405 81ST STREET, OSOYOOS A1 V0H 1V2
William S Smith director, officer: Chief Commercial Officer 46 CHESTNUT HILL ROAD, WILTON CT 06897
Kenneth Robulak director 521 MANDALAY AVENUE, APT. 302, CLEARWATER FL 33767
Alfonso Salas director 2106 WEST 33RD AVENUE, VANCOUVER A1 V6M 1B9
Lawrence A Weinstein director, officer: President 13436 BLUE HEON LOOP, CHESTERFIELD VA 23838
Jaroslav V Tichy officer: Vice-President - Technologies 114M REYNOLDA VILLAGE, WINSTON-SALEM NC 27106
Stanley Cruitt director, 10 percent owner, officer: President 114M REYNOLDA VILLAGE, WINSTON-SALEM NC 27106

ALR Technologies SG Headlines

From GuruFocus

ALR Technologies Inc. Moves to Singapore

By Marketwired Marketwired 06-01-2021

ALR Technologies Announces Reincorporation Merger

By GuruFocusNews GuruFocusNews 05-30-2022

ALR Technologies Releases an Open Letter to Shareholders

By GuruFocusNews GuruFocusNews 12-20-2021

ALR Technologies Announces Reincorporation Merger

By GuruFocusNews GuruFocusNews 06-19-2022

ALR Technologies Announces Reincorporation Merger

By GuruFocusNews GuruFocusNews 07-09-2022

ALR Technologies Announces Reincorporation Merger

By GuruFocusNews GuruFocusNews 06-29-2022