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BirdDog Technology (ASX:BDT) Return-on-Tangible-Asset : -17.08% (As of Dec. 2024)


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What is BirdDog Technology 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. BirdDog Technology's annualized Net Income for the quarter that ended in Dec. 2024 was A$-4.09 Mil. BirdDog Technology's average total tangible assets for the quarter that ended in Dec. 2024 was A$23.95 Mil. Therefore, BirdDog Technology's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was -17.08%.

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

ASX:BDT' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -48.37   Med: -12.03   Max: -4.1
Current: -46.23

During the past 3 years, BirdDog Technology's highest Return-on-Tangible-Asset was -4.10%. The lowest was -48.37%. And the median was -12.03%.

ASX:BDT's Return-on-Tangible-Asset is ranked worse than
95.15% of 2455 companies
in the Hardware industry
Industry Median: 2.49 vs ASX:BDT: -46.23

BirdDog Technology Return-on-Tangible-Asset Historical Data

The historical data trend for BirdDog Technology'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.

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BirdDog Technology Return-on-Tangible-Asset Chart

BirdDog Technology Annual Data
Trend Jun22 Jun23 Jun24
Return-on-Tangible-Asset
-4.10 -12.03 -48.37

BirdDog Technology Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Return-on-Tangible-Asset Get a 7-Day Free Trial -3.50 -20.57 -29.10 -68.87 -17.08

Competitive Comparison of BirdDog Technology's Return-on-Tangible-Asset

For the Consumer Electronics subindustry, BirdDog Technology'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.


BirdDog Technology's Return-on-Tangible-Asset Distribution in the Hardware Industry

For the Hardware industry and Technology sector, BirdDog Technology's Return-on-Tangible-Asset distribution charts can be found below:

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


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BirdDog Technology Return-on-Tangible-Asset Calculation

BirdDog Technology's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=-16.898/( (42.79+27.085)/ 2 )
=-16.898/34.9375
=-48.37 %

BirdDog Technology'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 )
=-4.09/( (27.085+20.811)/ 2 )
=-4.09/23.948
=-17.08 %

* 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.


BirdDog Technology  (ASX:BDT) 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.


BirdDog Technology Return-on-Tangible-Asset Related Terms

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


BirdDog Technology Business Description

Traded in Other Exchanges
N/A
Address
1-9 Sackville Street, Level 4, Collingwood, VIC, AUS, 3066
BirdDog Technology Ltd is a developer and manufacturer of audio-visual and video technology, which enhances the quality, speed, and flexibility of video through a range of solutions. Geographically the majority of its product sale is derived from the North America region. The company derives revenue from sale of core products, Software licensing fees, and from contracts and customers. The business segment of the company is developing and manufacturing hardware and software solutions.

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