BRFH has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
BRFH has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. Barfresh Food Group's annualized Net Income for the quarter that ended in Dec. 2023 was $-2.80 Mil. Barfresh Food Group's average total tangible assets for the quarter that ended in Dec. 2023 was $4.13 Mil. Therefore, Barfresh Food Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 was -67.86%.
The historical rank and industry rank for Barfresh Food Group's Return-on-Tangible-Asset or its related term are showing as below:
During the past 13 years, Barfresh Food Group's highest Return-on-Tangible-Asset was -17.17%. The lowest was -145.44%. And the median was -97.70%.
The historical data trend for Barfresh Food Group'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.
Barfresh Food Group Annual Data | |||||||||||||||||||||
Trend | Mar14 | Mar15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Return-on-Tangible-Asset | Get a 7-Day Free Trial | -113.33 | -82.79 | -17.17 | -84.33 | -57.82 |
Barfresh Food Group Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Return-on-Tangible-Asset | Get a 7-Day Free Trial | -129.38 | -80.12 | -84.65 | -55.84 | -67.86 |
For the Beverages - Non-Alcoholic subindustry, Barfresh Food Group'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.
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Barfresh Food Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Barfresh Food Group's Return-on-Tangible-Asset falls into.
Barfresh Food Group'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 ) | |||||
= | -2.824 | / | ( (5.199 | + | 4.569) | / 2 ) | |
= | -2.824 | / | 4.884 | ||||
= | -57.82 % |
Barfresh Food Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 is calculated as:
Return-on-Tangible-Asset | = | Net Income | / | ( (Total Tangible Assets | + | Total Tangible Assets) | / count ) |
(Q: Dec. 2023 ) | (Q: Sep. 2023 ) | (Q: Dec. 2023 ) | |||||
= | Net Income | / | ( (Total Assets - Intangible Assets | + | Total Assets - Intangible Assets) | / count ) | |
(Q: Dec. 2023 ) | (Q: Sep. 2023 ) | (Q: Dec. 2023 ) | |||||
= | -2.804 | / | ( (3.695 | + | 4.569) | / 2 ) | |
= | -2.804 | / | 4.132 | ||||
= | -67.86 % |
* 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 (Dec. 2023) net income data.
Barfresh Food Group (NAS:BRFH) 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.
Thank you for viewing the detailed overview of Barfresh Food Group's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Lisa Roger | officer: CHIEF FINANCIAL OFFICER | 3600 WILSHIRE BOULEVARD SUITE 1720, LOS ANGELES CA 90010 |
Lazarus Investment Partners Lllp | 10 percent owner | C/O IBEX INVESTORS LLC, 260 NORTH JOSEPHINE STREET, SUITE 300, DENVER CO 80206 |
Lazarus Macro Micro Partners Lllp | 10 percent owner | 260 N. JOSEPHINE STREET, SUITE 300, DENVER CO 80206 |
Joseph M. Cugine | director | 16859 CAMINETTO COURT, NAPLES, NAPLES FL 34110 |
Delle Coste Riccardo | director, 10 percent owner, officer: Chief Executive Officer | C/O BARFRESH FOOD GROUP, INC., 8530 WILSHIRE BOULEVARD, SUITE 450, BEVERLY HILLS CA 90211 |
Raffi Loussararian | officer: PRINCIPAL ACCOUNTING OFFICER | 3600 WILSHIRE BLVD, SUITE 1720, LOS ANGELES CA 90010 |
Lazarus Management Co Llc | 10 percent owner | 260 N. JOSEPHINE STREET, SUITE 300, DENVER CO 80206 |
Alice Elliot | director | C/O BARFRESH FOOD GROUP, INC., 8530 WILSHIRE BOULEVARD, SUITE 450, BEVERLY HILLS CA 90211 |
Isabelle Ortiz-cochet | director | 2 ALLEE DE LONGCHAMP, SURESNES I0 92150 |
Nibel | 10 percent owner | 2 ALLEE DE LONGCHAMP, SURESNES I0 92150 |
Bruno Schoch | director | 2 ALLEE DE LONGCHAMP, SURESNES I0 92150 |
Steven Lang | director, 10 percent owner | C/O BARFRESH FOOD GROUP, INC., 8530 WILSHIRE BOULEVARD, SUITE 450, BEVERLY HILLS CA 90211 |
Alexander H Ware | director | 4000 DAIN RAUSCHER PLAZA, 60 SOUTH SIXTH STREET, MINNEAPOLIS MN 55402 |
Joseph S. Tesoriero | officer: Chief Financial Officer | C/O BARFRESH FOOD GROUP, INC., 8530 WILSHIRE BOULEVARD, SUITE 450, BEVERLY HILLS CA 90211 |
Arnold Tinter | director, officer: CFO, Secretary | 8530 WILSHIRE BLVD, SUITE 450, BEVERLY HILLS CA 90211 |
From GuruFocus
By GuruFocusNews GuruFocusNews • 06-26-2022
By Marketwired • 10-26-2023
By GuruFocusNews GuruFocusNews • 05-24-2022
By GuruFocusNews GuruFocusNews • 05-27-2022
By GuruFocusNews GuruFocusNews • 06-13-2022
By Value_Insider Value_Insider • 11-11-2022
By PurpleRose PurpleRose • 07-28-2022
By Marketwired • 10-12-2023
By Value_Insider Value_Insider • 11-10-2022
By Marketwired • 11-01-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.