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Regener8 Resources NL (ASX:R8R) Return-on-Tangible-Asset : -43.50% (As of Dec. 2024)


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What is Regener8 Resources NL 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. Regener8 Resources NL's annualized Net Income for the quarter that ended in Dec. 2024 was A$-1.86 Mil. Regener8 Resources NL's average total tangible assets for the quarter that ended in Dec. 2024 was A$4.29 Mil. Therefore, Regener8 Resources NL's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was -43.50%.

The historical rank and industry rank for Regener8 Resources NL's Return-on-Tangible-Asset or its related term are showing as below:

ASX:R8R' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -26.86   Med: -8.42   Max: -6.25
Current: -26.86

During the past 3 years, Regener8 Resources NL's highest Return-on-Tangible-Asset was -6.25%. The lowest was -26.86%. And the median was -8.42%.

ASX:R8R's Return-on-Tangible-Asset is ranked worse than
57.92% of 2659 companies
in the Metals & Mining industry
Industry Median: -17.25 vs ASX:R8R: -26.86

Regener8 Resources NL Return-on-Tangible-Asset Historical Data

The historical data trend for Regener8 Resources NL'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.

Regener8 Resources NL Return-on-Tangible-Asset Chart

Regener8 Resources NL Annual Data
Trend Jun22 Jun23 Jun24
Return-on-Tangible-Asset
-6.25 -8.42 -11.13

Regener8 Resources NL Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Return-on-Tangible-Asset Get a 7-Day Free Trial -8.21 -9.11 -11.05 -11.37 -43.50

Competitive Comparison of Regener8 Resources NL's Return-on-Tangible-Asset

For the Gold subindustry, Regener8 Resources NL'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.


Regener8 Resources NL's Return-on-Tangible-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Regener8 Resources NL's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Regener8 Resources NL's Return-on-Tangible-Asset falls into.


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Regener8 Resources NL Return-on-Tangible-Asset Calculation

Regener8 Resources NL'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 )
=-0.55/( (5.185+4.694)/ 2 )
=-0.55/4.9395
=-11.13 %

Regener8 Resources NL'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 )
=-1.864/( (4.694+3.877)/ 2 )
=-1.864/4.2855
=-43.50 %

* 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.


Regener8 Resources NL  (ASX:R8R) 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.


Regener8 Resources NL Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Regener8 Resources NL's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Regener8 Resources NL Business Description

Traded in Other Exchanges
N/A
Address
4 Burgay Court, Unit 1, Osborne Park, Perth, WA, AUS, 6017
Regener8 Resources NL is a junior exploration company. It is focused on two segments the Kookynie Gold Project in Western Australia and the East Ponton Project in Western Australia.

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