BTC HealthASX:BTC Return-on-Tangible-Asset is -1.68% as of Dec. 2025. The stock has 3 warning signs investors should review. Among 1,413 Biotechnology companies, BTC Health ranks better than 71.05% on this metric.
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. BTC Health's annualizedNet Income for the quarter that ended in Dec. 2025 was A$-0.17 Mil. BTC Health's average total tangible assets for the quarter that ended in Dec. 2025 was A$10.34 Mil. Therefore, BTC Health's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -1.68%.
The historical rank and industry rank for BTC Health's Return-on-Tangible-Asset or its related term are showing as below:
ASX:BTC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -127.42 Med: -6.83 Max: 54.88
Current: -10.14
During the past 13 years, BTC Health's highest Return-on-Tangible-Asset was 54.88%. The lowest was -127.42%. And the median was -6.83%.
ASX:BTC's Return-on-Tangible-Asset is ranked better than 71.05% of 1413
companies
in the Biotechnology industry
Industry Median: -35.77
vs ASX:BTC: -10.14
BTC Health (ASX:BTC) 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.
BTC Health Return-on-Tangible-Asset Related Terms
BTC Health Return-on-Tangible-Asset Historical Data
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The historical data trend for BTC Health'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.
ASX:BTC vs VRTX, REGN, ALNY: Return-on-Tangible-Asset Comparison
For the Biotechnology subindustry, BTC Health'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.
BTC Health Return-on-Tangible-Asset vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, BTC Health's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where BTC Health's Return-on-Tangible-Asset falls into.
* 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. 2025) net income data.
What does a Return-on-Tangible-Asset of -1.68% mean?
BTC Health (ASX:BTC) has a Return-on-Tangible-Asset of -1.68% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on BTC Health and its competitors. According to the industry distribution chart, BTC Health ranks #409 out of 1413 companies in the Biotechnology industry, placing it in the top 28.9%.
Is BTC Health's Return-on-Tangible-Asset too high?
BTC Health's current Return-on-Tangible-Asset is -1.68%. Based on the distribution chart, BTC Health ranks #409 out of 1413 companies in the Biotechnology industry, which is above the industry midpoint.
How does BTC Health's Return-on-Tangible-Asset compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, BTC Health ranks #409 out of 1413 companies for Return-on-Tangible-Asset. This puts BTC Health in the upper half of its industry. 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 Biotechnology company?
A good Return-on-Tangible-Asset depends on the Biotechnology industry context. 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 BTC Health and its competitors. BTC Health's current Return-on-Tangible-Asset is -1.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BTC Health stock overvalued right now?
BTC Health (ASX:BTC) has a current Return-on-Tangible-Asset of -1.68%. The current Return-on-Tangible-Asset is -1.68%. 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 BTC Health (ASX:BTC), the current Return-on-Tangible-Asset is -1.68% as of Dec. 2025. 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.
BTC Health Ltd is a pooled development fund focused on seeking new investment opportunities in entities operating in the biotechnology and life sciences sectors. Its sole operating segment involves making and managing healthcare ventures. The company's products include Elasto-Q, Rythmic Infusion Pumps, Tiva, Infusion and Nerve Catheter Kits, Biopsy Needles, Radiological Markers, Rebellion Bone Removal System, Bonopty Coaxial Bone Biopsy, ECLS (Extracorporeal Life Support) Oxygenators, Pears, Valves, NEOLA, and LPS Adsorber. Geographically, it operates in Australia.
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