GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Cymat Technologies Ltd (OTCPK:CYMHF) » Definitions » Return-on-Tangible-Asset

CYMHF (Cymat Technologies) Return-on-Tangible-Asset : -77.00% (As of Jan. 2025)


View and export this data going back to 2010. Start your Free Trial

What is Cymat Technologies 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. Cymat Technologies's annualized Net Income for the quarter that ended in Jan. 2025 was $-1.74 Mil. Cymat Technologies's average total tangible assets for the quarter that ended in Jan. 2025 was $2.25 Mil. Therefore, Cymat Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2025 was -77.00%.

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

CYMHF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -159.18   Med: -112.21   Max: -12.86
Current: -85.16

During the past 13 years, Cymat Technologies's highest Return-on-Tangible-Asset was -12.86%. The lowest was -159.18%. And the median was -112.21%.

CYMHF's Return-on-Tangible-Asset is ranked worse than
97.45% of 3024 companies
in the Industrial Products industry
Industry Median: 3.29 vs CYMHF: -85.16

Cymat Technologies Return-on-Tangible-Asset Historical Data

The historical data trend for Cymat Technologies'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.

* Premium members only.

Cymat Technologies Return-on-Tangible-Asset Chart

Cymat Technologies Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -137.89 -13.19 -74.02 -112.55 -104.37

Cymat Technologies Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 -122.00 -83.35 -60.35 -113.54 -77.00

Competitive Comparison of Cymat Technologies's Return-on-Tangible-Asset

For the Metal Fabrication subindustry, Cymat Technologies'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.


Cymat Technologies's Return-on-Tangible-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Cymat Technologies's Return-on-Tangible-Asset distribution charts can be found below:

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


;
;

Cymat Technologies Return-on-Tangible-Asset Calculation

Cymat Technologies's annualized Return-on-Tangible-Asset for the fiscal year that ended in Apr. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Apr. 2024 )  (A: Apr. 2023 )(A: Apr. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Apr. 2024 )  (A: Apr. 2023 )(A: Apr. 2024 )
=-3.12/( (3.082+2.897)/ 2 )
=-3.12/2.9895
=-104.37 %

Cymat Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jan. 2025 )  (Q: Oct. 2024 )(Q: Jan. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jan. 2025 )  (Q: Oct. 2024 )(Q: Jan. 2025 )
=-1.736/( (2.537+1.972)/ 2 )
=-1.736/2.2545
=-77.00 %

* 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 (Jan. 2025) net income data.


Cymat Technologies  (OTCPK:CYMHF) 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.


Cymat Technologies Return-on-Tangible-Asset Related Terms

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


Cymat Technologies Business Description

Traded in Other Exchanges
Address
6320 Danville Road, Unit 2, Mississauga, ON, CAN, L5T 2L7
Cymat Technologies Ltd is a manufacturing company, which holds licenses and related patents to make, use and sell Stabilized Aluminum Foam (SAF). SAF is produced utilizing a proprietary process in which gas is bubbled into molten alloyed aluminum containing a dispersion of fine ceramic particles to create foam, which is then cast into lightweight panels and shapes. The firm is manufacturing SAF for use in architectural, blast mitigation and energy absorption applications. Its products are used in the automotive and industrial markets.