BLMZF (Harrison Global Holdings) Return-on-Tangible-Asset: -67.89% (As of Mar. 2025)

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What is Harrison Global Holdings Return-on-Tangible-Asset?

Harrison Global Holdings BLMZF Return-on-Tangible-Asset is -67.89% as of Mar. 2025.

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. Harrison Global Holdings's annualized Net Income for the quarter that ended in Mar. 2025 was $-2.70 Mil. Harrison Global Holdings's average total tangible assets for the quarter that ended in Mar. 2025 was $3.97 Mil. Therefore, Harrison Global Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was -67.89%.

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

BLMZF's Return-on-Tangible-Asset is not ranked *
in the Media - Diversified industry.
Industry Median: 0.83
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Harrison Global Holdings  (OTCPK:BLMZF) 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.


Harrison Global Holdings Return-on-Tangible-Asset Related Terms


Harrison Global Holdings Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Harrison Global Holdings'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.

Harrison Global Holdings Return-on-Tangible-Asset Chart

Harrison Global Holdings Annual Data
Trend Sep21 Sep22 Sep23 Sep24
Return-on-Tangible-Asset
-4.72 0.31 -8.14 -48.67

Harrison Global Holdings Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25
Return-on-Tangible-Asset Get a 7-Day Free Trial -8.51 -3.96 -11.67 -86.01 -67.89

BLMZF vs CMLSQ, NFLX, DIS: Return-on-Tangible-Asset Comparison

For the Entertainment subindustry, Harrison Global Holdings'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.


Harrison Global Holdings Return-on-Tangible-Asset vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Harrison Global Holdings's Return-on-Tangible-Asset distribution charts can be found below:

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



Harrison Global Holdings Return-on-Tangible-Asset Calculation

Harrison Global Holdings's annualized Return-on-Tangible-Asset for the fiscal year that ended in Sep. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=-1.546/( (1.989+4.364)/ 2 )
=-1.546/3.1765
=-48.67 %

Harrison Global Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Sep. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Sep. 2024 )(Q: Mar. 2025 )
=-2.698/( (4.364+3.584)/ 2 )
=-2.698/3.974
=-67.89 %

* 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 (Mar. 2025) net income data.

What does a Return-on-Tangible-Asset of -67.89% mean?
Harrison Global Holdings (BLMZF) has a Return-on-Tangible-Asset of -67.89% as of Mar. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Harrison Global Holdings and its competitors.
Is Harrison Global Holdings' Return-on-Tangible-Asset too high?
Harrison Global Holdings' current Return-on-Tangible-Asset is -67.89%.
How does Harrison Global Holdings' Return-on-Tangible-Asset compare to CMLSQ and NFLX?
Harrison Global Holdings' Return-on-Tangible-Asset of -67.89% can be compared against companies in the Media - Diversified industry. The industry median Return-on-Tangible-Asset is 0.83. 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 Media - Diversified company?
The median Return-on-Tangible-Asset among Media - Diversified companies is 0.83, based on 1,030 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. 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 Harrison Global Holdings and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harrison Global Holdings's current Return-on-Tangible-Asset is -67.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harrison Global Holdings stock overvalued right now?
Harrison Global Holdings (BLMZF) has a current Return-on-Tangible-Asset of -67.89%. The current Return-on-Tangible-Asset is -67.89%. 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 Harrison Global Holdings (BLMZF), the current Return-on-Tangible-Asset is -67.89% as of Mar. 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.

Harrison Global Holdings Business Description

Address 4-5-19 Akasaka, Toyo Recording 1st Floor, Minato-ku, Tokyo, JPN
Harrison Global Holdings Inc Formerly BloomZ Inc operates as an audio-producing and voice actor managing company. The company provides audio production services and voice-acting educational services in Japan. The business lines of the company are the audio production business, the VTuber management business, and the voice actor workshop business. The audio production comprises producing audios for animations and video games using dubbing, BGM producing, and mixing techniques; the Vtuber management business creates motion-capture technology for streamers to provide the voice to stream real-time videos featuring human facial expressions and gestures; and the voice actor workshop provides practical voice acting services.