CMRA (Comera Life Sciences Holdings) Return-on-Tangible-Asset: -318.40% (As of Sep. 2023)

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What is Comera Life Sciences Holdings Return-on-Tangible-Asset?

Comera Life Sciences Holdings CMRA -99.00% Return-on-Tangible-Asset is -318.40% as of Sep. 2023.

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. Comera Life Sciences Holdings's annualized Net Income for the quarter that ended in Sep. 2023 was $-8.62 Mil. Comera Life Sciences Holdings's average total tangible assets for the quarter that ended in Sep. 2023 was $2.71 Mil. Therefore, Comera Life Sciences Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2023 was -318.40%.

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

CMRA's Return-on-Tangible-Asset is not ranked *
in the Biotechnology industry.
Industry Median: -35.915
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Comera Life Sciences Holdings  (OTCPK:CMRA) 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.


Comera Life Sciences Holdings Return-on-Tangible-Asset Related Terms


Comera Life Sciences Holdings Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Comera Life Sciences 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.

Comera Life Sciences Holdings Return-on-Tangible-Asset Chart

Comera Life Sciences Holdings Annual Data
Trend Dec20 Dec21 Dec22
Return-on-Tangible-Asset
-389.19 -136.92 -323.09

Comera Life Sciences Holdings Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -222.41 -273.59 -295.09 -211.58 -318.40

CMRA vs FREQ, BNTC, IMNN: Return-on-Tangible-Asset Comparison

For the Biotechnology subindustry, Comera Life Sciences 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.


Comera Life Sciences Holdings Return-on-Tangible-Asset vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Comera Life Sciences Holdings's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Comera Life Sciences Holdings's Return-on-Tangible-Asset falls into.



Comera Life Sciences Holdings Return-on-Tangible-Asset Calculation

Comera Life Sciences Holdings's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-18.004/( (7.418+3.727)/ 2 )
=-18.004/5.5725
=-323.09 %

Comera Life Sciences Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=-8.616/( (2.34+3.072)/ 2 )
=-8.616/2.706
=-318.40 %

* 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 (Sep. 2023) net income data.

What does a Return-on-Tangible-Asset of -318.40% mean?
Comera Life Sciences Holdings (CMRA) has a Return-on-Tangible-Asset of -318.40% as of Sep. 2023. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Comera Life Sciences Holdings and its competitors.
Is Comera Life Sciences Holdings' Return-on-Tangible-Asset too high?
Comera Life Sciences Holdings' current Return-on-Tangible-Asset is -318.40%.
How does Comera Life Sciences Holdings' Return-on-Tangible-Asset compare to FREQ and BNTC?
Comera Life Sciences Holdings' Return-on-Tangible-Asset of -318.40% can be compared against companies in the Biotechnology industry. 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 Biotechnology company?
A good Return-on-Tangible-Asset depends on the Biotechnology industry context. 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 Comera Life Sciences Holdings and its competitors. Comera Life Sciences Holdings's current Return-on-Tangible-Asset is -318.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comera Life Sciences Holdings stock overvalued right now?
Comera Life Sciences Holdings (CMRA) has a current Return-on-Tangible-Asset of -318.40%. The current Return-on-Tangible-Asset is -318.40%. 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 Comera Life Sciences Holdings (CMRA), the current Return-on-Tangible-Asset is -318.40% as of Sep. 2023. 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.

Comera Life Sciences Holdings Business Description

Address 12 Gill Street, Suite 4650, Woburn, MA, USA, 01801
Comera Life Sciences Holdings Inc is a pre-clinical biotechnology company dedicated to promoting formulation science and technology to transform essential biologic medicines from intravenous to subcutaneous forms. Comera's internal portfolio of proprietary techniques known as the SQore platform is designed to potentially transform essential biologic medicines from intravenous (IV) to subcutaneous (SQ) forms, and optimize current versions of subcutaneous biologics, and produce biosimilar versions of existing subcutaneous products. It also collaborates with pharmaceutical and biotechnology companies, applying the SQore platform to the Company's partners' biologic medicines to deliver enhanced formulations that facilitate self-injectable care.