BID (Tribeca Strategic Acquisition) Return-on-Tangible-Asset: 1.37% (As of Jun. 2026)

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BID Tribeca Strategic Acquisition Corp BID
13 GF Score
Price $9.95
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What is Tribeca Strategic Acquisition Return-on-Tangible-Asset?

Tribeca Strategic Acquisition BID -0.60% 13 Return-on-Tangible-Asset is 1.37% as of Jun. 2026. GuruFocus rates BID with a GF Score™ of 13/100. Among 527 Diversified Financial Services companies, Tribeca Strategic Acquisition ranks worse than 57.31% 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. Tribeca Strategic Acquisition's annualized Net Income for the quarter that ended in Jun. 2026 was $0.97 Mil. Tribeca Strategic Acquisition's average total tangible assets for the quarter that ended in Jun. 2026 was $71.15 Mil. Therefore, Tribeca Strategic Acquisition's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 was 1.37%.

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

BID' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.38
Current: 0.38

During the past 1 years, Tribeca Strategic Acquisition's highest Return-on-Tangible-Asset was 0.38%. The lowest was 0.00%. And the median was 0.00%.

BID's Return-on-Tangible-Asset is ranked worse than
57.31% of 527 companies
in the Diversified Financial Services industry
Industry Median: 0.97 vs BID: 0.38

Tribeca Strategic Acquisition  (NAS:BID) 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.


Tribeca Strategic Acquisition Return-on-Tangible-Asset Related Terms


Tribeca Strategic Acquisition Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Tribeca Strategic Acquisition'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.

Tribeca Strategic Acquisition Return-on-Tangible-Asset Chart

Tribeca Strategic Acquisition Annual Data
Trend Dec25
Return-on-Tangible-Asset
0.00

Tribeca Strategic Acquisition Quarterly Data
May25 Oct25 Mar26 Jun26
Return-on-Tangible-Asset 0.00 0.00 -43.84 1.37

BID vs BCAR, RACC, THEO: Return-on-Tangible-Asset Comparison

For the Shell Companies subindustry, Tribeca Strategic Acquisition'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.


Tribeca Strategic Acquisition Return-on-Tangible-Asset vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Tribeca Strategic Acquisition's Return-on-Tangible-Asset distribution charts can be found below:

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


BID
13GF Score
Tribeca Strategic Acquisition Corp BID
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Tribeca Strategic Acquisition Return-on-Tangible-Asset Calculation

Tribeca Strategic Acquisition's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: . 20 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: . 20 )(A: Dec. 2025 )
=/( (+)/ )
=/
= %

Tribeca Strategic Acquisition's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=0.972/( (0.584+141.707)/ 2 )
=0.972/71.1455
=1.37 %

* 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 four times the quarterly (Jun. 2026) net income data.

What does a Return-on-Tangible-Asset of 1.37% mean?
Tribeca Strategic Acquisition (BID) has a Return-on-Tangible-Asset of 1.37% as of Jun. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Tribeca Strategic Acquisition and its competitors. According to the industry distribution chart, Tribeca Strategic Acquisition ranks #302 out of 527 companies in the Diversified Financial Services industry, placing it in the top 57.3%.
Is Tribeca Strategic Acquisition's Return-on-Tangible-Asset too high?
Tribeca Strategic Acquisition's current Return-on-Tangible-Asset is 1.37%. The Diversified Financial Services industry median Return-on-Tangible-Asset is 0.97. Tribeca Strategic Acquisition's value of 1.37% is 41.2% above this industry median. Based on the distribution chart, Tribeca Strategic Acquisition ranks #302 out of 527 companies in the Diversified Financial Services industry, which is below the industry midpoint. Overall, Tribeca Strategic Acquisition has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Tribeca Strategic Acquisition's Return-on-Tangible-Asset compare to BCAR and RACC?
According to the Diversified Financial Services industry distribution chart, Tribeca Strategic Acquisition ranks #302 out of 527 companies for Return-on-Tangible-Asset. This places Tribeca Strategic Acquisition in the lower half of its industry. The industry median Return-on-Tangible-Asset is 0.97. Tribeca Strategic Acquisition's value of 1.37% is 41.2% above this benchmark. 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 Diversified Financial Services company?
The median Return-on-Tangible-Asset among Diversified Financial Services companies is 0.97, based on 527 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tribeca Strategic Acquisition's current Return-on-Tangible-Asset of 1.37% is 41.2% above the industry median. 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 Tribeca Strategic Acquisition and its competitors. For the Diversified Financial Services industry, the median Return-on-Tangible-Asset is 0.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tribeca Strategic Acquisition's current Return-on-Tangible-Asset is 1.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tribeca Strategic Acquisition stock overvalued right now?
Tribeca Strategic Acquisition (BID) has a current Return-on-Tangible-Asset of 1.37%. The current Return-on-Tangible-Asset is 1.37% and 41.2% above the Diversified Financial Services industry median of 0.97. Tribeca Strategic Acquisition's overall GF Score™ is 13/100. 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 Tribeca Strategic Acquisition (BID), the current Return-on-Tangible-Asset is 1.37% as of Jun. 2026. 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.

Tribeca Strategic Acquisition Business Description

Address 1301 Avenue of the Americas, 6th Floor, New York, NY, USA, 10019
Tribeca Strategic Acquisition Corp is a blank check company formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
13GF Score

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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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