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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. Astra Energy's annualized Net Income for the quarter that ended in Feb. 2025 was $-1.84 Mil. Astra Energy's average total tangible assets for the quarter that ended in Feb. 2025 was $10.57 Mil. Therefore, Astra Energy's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2025 was -17.37%.
The historical rank and industry rank for Astra Energy's Return-on-Tangible-Asset or its related term are showing as below:
During the past 9 years, Astra Energy's highest Return-on-Tangible-Asset was 69.52%. The lowest was -5055.74%. And the median was -39.28%.
The historical data trend for Astra Energy'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.
Astra Energy Annual Data | |||||||||||||||||||
Trend | Sep05 | Aug06 | Aug07 | Aug08 | Aug09 | Aug21 | Aug22 | Aug23 | Aug24 | ||||||||||
Return-on-Tangible-Asset | Get a 7-Day Free Trial |
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-35.80 | -39.28 | -5,055.74 | -262.09 | -38.74 |
Astra Energy Quarterly Data | ||||||||||||||||||||
Aug09 | Nov09 | Feb10 | May10 | May21 | Aug21 | Nov21 | Feb22 | May22 | Aug22 | Nov22 | Feb23 | May23 | Aug23 | Nov23 | Feb24 | May24 | Aug24 | Nov24 | Feb25 | |
Return-on-Tangible-Asset | Get a 7-Day Free Trial |
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-19.02 | -4.29 | -120.20 | -24.13 | -17.37 |
For the Utilities - Renewable subindustry, Astra Energy'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.
For the Utilities - Independent Power Producers industry and Utilities sector, Astra Energy's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Astra Energy's Return-on-Tangible-Asset falls into.
Astra Energy's annualized Return-on-Tangible-Asset for the fiscal year that ended in Aug. 2024 is calculated as:
Return-on-Tangible-Asset | = | Net Income | / | ( (Total Tangible Assets | + | Total Tangible Assets) | / count ) |
(A: Aug. 2024 ) | (A: Aug. 2023 ) | (A: Aug. 2024 ) | |||||
= | Net Income | / | ( (Total Assets - Intangible Assets | + | Total Assets - Intangible Assets) | / count ) | |
(A: Aug. 2024 ) | (A: Aug. 2023 ) | (A: Aug. 2024 ) | |||||
= | -3.487 | / | ( (7.567 | + | 10.435) | / 2 ) | |
= | -3.487 | / | 9.001 | ||||
= | -38.74 % |
Astra Energy's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2025 is calculated as:
Return-on-Tangible-Asset | = | Net Income | / | ( (Total Tangible Assets | + | Total Tangible Assets) | / count ) |
(Q: Feb. 2025 ) | (Q: Nov. 2024 ) | (Q: Feb. 2025 ) | |||||
= | Net Income | / | ( (Total Assets - Intangible Assets | + | Total Assets - Intangible Assets) | / count ) | |
(Q: Feb. 2025 ) | (Q: Nov. 2024 ) | (Q: Feb. 2025 ) | |||||
= | -1.836 | / | ( (10.42 | + | 10.719) | / 2 ) | |
= | -1.836 | / | 10.5695 | ||||
= | -17.37 % |
* 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 (Feb. 2025) net income data.
Astra Energy (OTCPK:ASRE) 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 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.
Thank you for viewing the detailed overview of Astra Energy's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Lisa Thompson | officer: Corporate Secretary | 27-9045 WALNUT GROVE DRIVE, LANGLEY Z4 V1M2E1 |
Rachel Boulds Cpa, Pllc | officer: CFO | 6371 S. GLENOAKS STREET, MURRAY UT 84107 |
Christopher Harold Wall | director | 6301 COLLINS AVENUE, #2403, MIAMI BEACH FL 33141 |
Javier H Idrovo | director | THE HERSHEY COMPANY, 100 CRYSTAL A DRIVE, HERSHEY X1 17033 |
Vcaf Gp, Llc | 10 percent owner | C/O VISION CAPITAL ADVISORS, 20 WEST 55TH STREET, 5TH FLOOR, NEW YORK NY 10019 |
Vision Capital Advantage Fund, L.p. | 10 percent owner | C/O VISION CAPITAL ADVISORS, 20 WEST 55TH STREET, 5TH FLOOR, NEW YORK NY 10019 |
Vision Opportunity Master Fund, Ltd. | 10 percent owner | C/O OGIER FIDUCIARY SERVICES (CAY) LTD., 88 NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-9007 |
Vision Capital Advisors, Llc | 10 percent owner | 20 WEST 55TH STREET, 5TH FLOOR, NEW YORK NY 10019 |
Adam Benowitz | 10 percent owner | C/O VISION CAPITAL ADVISORS, LLC, 20 WEST 55TH STREET, 5TH FLOOR, NEW YORK NY 10019 |
Ian Andrew Fraser | director | 3056 WEST 2ND AVENUE, VANCOUVER A1 V6K 1K4 |
Tri Point Capital Advisors Llc | 10 percent owner | 15245 SHADY GROVE RD, STE 400, ROCKVILLE MD 20850 |
Robert Rooks | director | 1912 PINE STREET, HUNTINGTON BEACH CA 92648 |
Michael Robert Boswell | director, officer: Acting Chief Financial Officer | 400 PROFESSIONAL DRIVE, SUITE 310, GAITHERSBURG MD 20879 |
Darryl Horton | director | 35368 EAGLE MOUNTAIN DRIVE, ABBOTSFORD A1 V3G2X7 |
Robert Saunders | 10 percent owner, officer: Chief Executive Officer | 5552 WEST ISLAND HWY, QUALICUM BEACH A1 V9K2C8 |
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