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CHMJF (Waverunner Capital) Return-on-Tangible-Asset : -192.41% (As of Mar. 2025)


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What is Waverunner Capital 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. Waverunner Capital's annualized Net Income for the quarter that ended in Mar. 2025 was $-0.46 Mil. Waverunner Capital's average total tangible assets for the quarter that ended in Mar. 2025 was $0.24 Mil. Therefore, Waverunner Capital's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was -192.41%.

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

CHMJF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -926.32   Med: -84.88   Max: -11.91
Current: -926.32

During the past 13 years, Waverunner Capital's highest Return-on-Tangible-Asset was -11.91%. The lowest was -926.32%. And the median was -84.88%.

CHMJF's Return-on-Tangible-Asset is ranked worse than
99.82% of 1684 companies
in the Asset Management industry
Industry Median: 4.23 vs CHMJF: -926.32

Waverunner Capital Return-on-Tangible-Asset Historical Data

The historical data trend for Waverunner Capital'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.

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Waverunner Capital Return-on-Tangible-Asset Chart

Waverunner Capital Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -56.13 -86.65 -89.39 -86.56 -566.95

Waverunner Capital Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -210.08 -2,525.31 -135.34 -148.21 -192.41

Competitive Comparison of Waverunner Capital's Return-on-Tangible-Asset

For the Asset Management subindustry, Waverunner Capital'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.


Waverunner Capital's Return-on-Tangible-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Waverunner Capital's Return-on-Tangible-Asset distribution charts can be found below:

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


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Waverunner Capital Return-on-Tangible-Asset Calculation

Waverunner Capital's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=-3.036/( (0.721+0.35)/ 2 )
=-3.036/0.5355
=-566.95 %

Waverunner Capital'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: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=-0.456/( (0.255+0.219)/ 2 )
=-0.456/0.237
=-192.41 %

* 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 (Mar. 2025) net income data.


Waverunner Capital  (OTCPK:CHMJF) 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.


Waverunner Capital Return-on-Tangible-Asset Related Terms

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


Waverunner Capital Business Description

Traded in Other Exchanges
Address
828 Harbourside Drive, Suite 208, North Vancouver, Vancouver, BC, CAN, V7P 3R9
Waverunner Capital Inc is a Canadian investment company whose focus is on opportunistic investments across a broad range of industries and is seeking to invest in early-stage companies. Its Existing holdings are in a consumer-targeted biotechnology venture, a renewable energy developer in the wind and solar sector ("REVV"), a plant-based wellness company ("FUEL"), and an Ontario limited partnership ("ONLP") to take advantage of opportunistic long/short equity opportunities in both potential upside and downside expected price moves.

Waverunner Capital Headlines