AMNNF (ADSL Holdings) Return-on-Tangible-Asset: -34.61% (As of Sep. 2024)


What is ADSL Holdings Return-on-Tangible-Asset?

ADSL Holdings AMNNF Return-on-Tangible-Asset is -34.61% as of Sep. 2024.

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. ADSL Holdings's annualized Net Income for the quarter that ended in Sep. 2024 was $-7.92 Mil. ADSL Holdings's average total tangible assets for the quarter that ended in Sep. 2024 was $22.88 Mil. Therefore, ADSL Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 was -34.61%.

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

AMNNF's Return-on-Tangible-Asset is not ranked *
in the Media - Diversified industry.
Industry Median: 0.755
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

ADSL Holdings  (OTCPK:AMNNF) 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.


ADSL Holdings Return-on-Tangible-Asset Related Terms


ADSL Holdings Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for ADSL Holdings'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.

ADSL Holdings Return-on-Tangible-Asset Chart

ADSL Holdings Annual Data
Trend Dec22 Dec23
Return-on-Tangible-Asset
-1.37 -22.71

ADSL Holdings Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 39.91 -157.84 52.15 -52.15 -34.61

AMNNF vs MMND, NWCN, NFLX: Return-on-Tangible-Asset Comparison

For the Entertainment subindustry, ADSL Holdings'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.


ADSL Holdings Return-on-Tangible-Asset vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, ADSL Holdings's Return-on-Tangible-Asset distribution charts can be found below:

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



ADSL Holdings Return-on-Tangible-Asset Calculation

ADSL Holdings's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-3.716/( (19.396+13.324)/ 2 )
=-3.716/16.36
=-22.71 %

ADSL Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=-7.92/( (39.799+5.965)/ 2 )
=-7.92/22.882
=-34.61 %

* 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 (Sep. 2024) net income data.

What does a Return-on-Tangible-Asset of -34.61% mean?
ADSL Holdings (AMNNF) has a Return-on-Tangible-Asset of -34.61% as of Sep. 2024. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on ADSL Holdings and its competitors.
Is ADSL Holdings' Return-on-Tangible-Asset too high?
ADSL Holdings' current Return-on-Tangible-Asset is -34.61%.
How does ADSL Holdings' Return-on-Tangible-Asset compare to MMND and NWCN?
ADSL Holdings' Return-on-Tangible-Asset of -34.61% can be compared against companies in the Media - Diversified industry. The industry median Return-on-Tangible-Asset is 0.76. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Media - Diversified company?
The median Return-on-Tangible-Asset among Media - Diversified companies is 0.76, based on 1,030 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on ADSL Holdings and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ADSL Holdings's current Return-on-Tangible-Asset is -34.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ADSL Holdings stock overvalued right now?
ADSL Holdings (AMNNF) has a current Return-on-Tangible-Asset of -34.61%. The current Return-on-Tangible-Asset is -34.61%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For ADSL Holdings (AMNNF), the current Return-on-Tangible-Asset is -34.61% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

ADSL Holdings Business Description

Address 1800-510 West Georgia Street, Vancouver, BC, CAN, V6B 0M3
ADSL Holdings Inc formerly, Amcomri Entertainment Inc is a film and television media production company. It has five operating segments which include Film Distribution, Film Production, Television, Intellectual Property, and Administration. The majority of its revenue derives from the Film Distribution segment followed by Intellectual Property. The Company's Film Production, Film Distribution, and Television segments generate revenue principally from the licensing of content in theatrical exhibitions, home entertainment (e.g., digital media and packaged media), television, and international marketplaces. Geographically it has a presence in North America, and Europe where Europe generates key revenue.