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West Cobar MetalsASX:WC1 -6.67% Return-on-Tangible-Asset is -22.52% as of Dec. 2025. Among 2,670 Metals & Mining companies, West Cobar Metals ranks better than 53.78% 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. West Cobar Metals's annualizedNet Income for the quarter that ended in Dec. 2025 was A$-2.10 Mil. West Cobar Metals's average total tangible assets for the quarter that ended in Dec. 2025 was A$9.33 Mil. Therefore, West Cobar Metals's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -22.52%.
The historical rank and industry rank for West Cobar Metals's Return-on-Tangible-Asset or its related term are showing as below:
ASX:WC1'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -27.19 Med: -19.66 Max: -13.95
Current: -13.95
During the past 4 years, West Cobar Metals's highest Return-on-Tangible-Asset was -13.95%. The lowest was -27.19%. And the median was -19.66%.
ASX:WC1's Return-on-Tangible-Asset is ranked better than 53.78% of 2670
companies
in the Metals & Mining industry
Industry Median: -17.365
vs ASX:WC1: -13.95
West Cobar Metals (ASX:WC1) 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.
West Cobar Metals Return-on-Tangible-Asset Related Terms
West Cobar Metals Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for West Cobar Metals'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:WC1 vs NEM, AU: Return-on-Tangible-Asset Comparison
For the Gold subindustry, West Cobar Metals'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.
West Cobar Metals Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, West Cobar Metals's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where West Cobar Metals'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 -22.52% mean?
West Cobar Metals (ASX:WC1) has a Return-on-Tangible-Asset of -22.52% 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 West Cobar Metals and its competitors. According to the industry distribution chart, West Cobar Metals ranks #1234 out of 2670 companies in the Metals & Mining industry, placing it in the top 46.2%.
Is West Cobar Metals' Return-on-Tangible-Asset too high?
West Cobar Metals' current Return-on-Tangible-Asset is -22.52%. Based on the distribution chart, West Cobar Metals ranks #1234 out of 2670 companies in the Metals & Mining industry, which is above the industry midpoint.
How does West Cobar Metals' Return-on-Tangible-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, West Cobar Metals ranks #1234 out of 2670 companies for Return-on-Tangible-Asset. This puts West Cobar Metals 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 Metals & Mining company?
A good Return-on-Tangible-Asset depends on the Metals & Mining 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 West Cobar Metals and its competitors. West Cobar Metals's current Return-on-Tangible-Asset is -22.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is West Cobar Metals stock overvalued right now?
West Cobar Metals (ASX:WC1) has a current Return-on-Tangible-Asset of -22.52%. The current Return-on-Tangible-Asset is -22.52%. 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 West Cobar Metals (ASX:WC1), the current Return-on-Tangible-Asset is -22.52% 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.
West Cobar Metals Ltd is a minerals exploration and development company focused on critical minerals within Australia. The company's projects include Salazar Critical Minerals, Fraser Range Project and Bulla Park.
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