GURUFOCUS.COM » STOCK LIST » Technology » Software » WhiteHawk Ltd (ASX:WHK) » Definitions » Return-on-Tangible-Asset

WhiteHawk (ASX:WHK) Return-on-Tangible-Asset : -312.94% (As of Jun. 2024)


View and export this data going back to 2018. Start your Free Trial

What is WhiteHawk 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. WhiteHawk's annualized Net Income for the quarter that ended in Jun. 2024 was A$-3.08 Mil. WhiteHawk's average total tangible assets for the quarter that ended in Jun. 2024 was A$0.99 Mil. Therefore, WhiteHawk's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 was -312.94%.

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

ASX:WHK' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -333.28   Med: -74.06   Max: -53.4
Current: -333.28

During the past 7 years, WhiteHawk's highest Return-on-Tangible-Asset was -53.40%. The lowest was -333.28%. And the median was -74.06%.

ASX:WHK's Return-on-Tangible-Asset is ranked worse than
96.66% of 2816 companies
in the Software industry
Industry Median: 1.945 vs ASX:WHK: -333.28

WhiteHawk Return-on-Tangible-Asset Historical Data

The historical data trend for WhiteHawk'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.

WhiteHawk Return-on-Tangible-Asset Chart

WhiteHawk Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial -149.54 -55.47 -71.72 -53.40 -153.62

WhiteHawk Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -42.25 -74.21 -123.81 -350.57 -312.94

Competitive Comparison of WhiteHawk's Return-on-Tangible-Asset

For the Software - Infrastructure subindustry, WhiteHawk'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.


WhiteHawk's Return-on-Tangible-Asset Distribution in the Software Industry

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

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



WhiteHawk Return-on-Tangible-Asset Calculation

WhiteHawk's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-4.249/( (4.37+1.162)/ 2 )
=-4.249/2.766
=-153.62 %

WhiteHawk's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=-3.084/( (1.162+0.809)/ 2 )
=-3.084/0.9855
=-312.94 %

* 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 (Jun. 2024) net income data.


WhiteHawk  (ASX:WHK) 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.


WhiteHawk Return-on-Tangible-Asset Related Terms

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


WhiteHawk Business Description

Industry
Traded in Other Exchanges
N/A
Address
515 King Street, Level 28, Alexandria, VA, USA, 22314
WhiteHawk Ltd serves as an internet-based cybersecurity marketplace. It developed an online cyber resilience-focused Cybersecurity Exchange platform of end-to-end Cyber Risk Software as a Service (SaaS) and Platform as a Service (PaaS) products and services, providing automated and scalable cyber risk scoping, prioritization, and mitigation solutions for businesses and organizations of all sizes. The group's core product lines include the Cyber Risk Radar: the Cyber Risk Program, Cyber Risk Scorecard, etc. It has two geographic segments Australia and the USA.

WhiteHawk Headlines

No Headlines