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The historical rank and industry rank for Credit Suisse High Yield Credit Fund's Return-on-Tangible-Asset or its related term are showing as below:
DHY'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -11.04 Med: 6.08 Max: 11.88
Current: 2.86
During the past 13 years, Credit Suisse High Yield Credit Fund's highest Return-on-Tangible-Asset was 11.88%. The lowest was -11.04%. And the median was 6.08%.
DHY's Return-on-Tangible-Asset is ranked worse than 57.69% of 1633
companies
in the Asset Management industry
Industry Median: 4.24
vs DHY: 2.86
Credit Suisse High Yield Credit Fund (AMEX:DHY) 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.
Credit Suisse High Yield Credit Fund Return-on-Tangible-Asset Related Terms
Credit Suisse High Yield Credit Fund Return-on-Tangible-Asset Historical Data
* 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.
Credit Suisse High Yield Credit Fund Return-on-Tangible-Asset Chart
DHY vs MMT, SCM, PSF: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Credit Suisse High Yield Credit Fund'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.
Credit Suisse High Yield Credit Fund Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Credit Suisse High Yield Credit Fund's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Credit Suisse High Yield Credit Fund's Return-on-Tangible-Asset falls into.
* 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 (Apr. 2026) net income data.
What does a Return-on-Tangible-Asset of -0.61% mean?
Credit Suisse High Yield Credit Fund (DHY) has a Return-on-Tangible-Asset of -0.61% as of Apr. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Credit Suisse High Yield Credit Fund and its competitors. According to the industry distribution chart, Credit Suisse High Yield Credit Fund ranks #942 out of 1633 companies in the Asset Management industry, placing it in the top 57.7%.
Is Credit Suisse High Yield Credit Fund's Return-on-Tangible-Asset too high?
Credit Suisse High Yield Credit Fund's current Return-on-Tangible-Asset is -0.61%. Based on the distribution chart, Credit Suisse High Yield Credit Fund ranks #942 out of 1633 companies in the Asset Management industry, which is below the industry midpoint. Overall, Credit Suisse High Yield Credit Fund has a GF Score™ of 20/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Credit Suisse High Yield Credit Fund's Return-on-Tangible-Asset compare to MMT and SCM?
According to the Asset Management industry distribution chart, Credit Suisse High Yield Credit Fund ranks #942 out of 1633 companies for Return-on-Tangible-Asset. This places Credit Suisse High Yield Credit Fund in the lower half of its industry. The industry median Return-on-Tangible-Asset is 4.24. 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 an Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.24, based on 1,633 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 Credit Suisse High Yield Credit Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Credit Suisse High Yield Credit Fund's current Return-on-Tangible-Asset is -0.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Credit Suisse High Yield Credit Fund stock overvalued right now?
Based on GuruFocus' analysis, Credit Suisse High Yield Credit Fund (DHY) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.85, compared to a current price of $1.74 — trading 104.7% above its estimated fair value. The current Return-on-Tangible-Asset is -0.61%. Credit Suisse High Yield Credit Fund's overall GF Score™ is 20/100 with 6 warning signs to review. 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 Credit Suisse High Yield Credit Fund (DHY), the current Return-on-Tangible-Asset is -0.61% as of Apr. 2026. 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.
Is Credit Suisse High Yield Credit Fund (DHY) Overvalued in 2026?
Based on GuruFocus' analysis, Credit Suisse High Yield Credit Fund stock appears to be overvalued.
The current stock price of $1.74 is trading 104.7% above its estimated GF Value™ of $0.85.
GuruFocus considers Credit Suisse High Yield Credit Fund to be Significantly Overvalued.
Key valuation signals for DHY:
Return-on-Tangible-Asset: -0.61%
GF Value™: $0.85 vs. price of $1.74 (104.7% above fair value)
No single metric tells the full story. See the DHY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Credit Suisse High Yield Credit Fund Business Description
Credit Suisse High Yield Credit Fund is a diversified, closed-end management investment company. The Fund's principal investment objective is to generate current income. Capital appreciation is a secondary objective, pursued to the extent consistent with the Fund's primary income objective.
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