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Flowerkist Skin Caresmetics (Flowerkist Skin Caresmetics) Return-on-Tangible-Asset : 0.00% (As of Sep. 2022)


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What is Flowerkist Skin Caresmetics 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. Flowerkist Skin Caresmetics's annualized Net Income for the quarter that ended in Sep. 2022 was $-0.06 Mil. Flowerkist Skin Caresmetics's average total tangible assets for the quarter that ended in Sep. 2022 was $0.00 Mil. Therefore, Flowerkist Skin Caresmetics's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2022 was 0.00%.

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

FKST's Return-on-Tangible-Asset is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 3.3
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Flowerkist Skin Caresmetics Return-on-Tangible-Asset Historical Data

The historical data trend for Flowerkist Skin Caresmetics'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.

Flowerkist Skin Caresmetics Return-on-Tangible-Asset Chart

Flowerkist Skin Caresmetics Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Dec21
Return-on-Tangible-Asset
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Flowerkist Skin Caresmetics Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Jul16 Jul17 Jul18 Jul19 Jul20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of Flowerkist Skin Caresmetics's Return-on-Tangible-Asset

For the Household & Personal Products subindustry, Flowerkist Skin Caresmetics'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.


Flowerkist Skin Caresmetics's Return-on-Tangible-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Flowerkist Skin Caresmetics's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Flowerkist Skin Caresmetics's Return-on-Tangible-Asset falls into.



Flowerkist Skin Caresmetics Return-on-Tangible-Asset Calculation

Flowerkist Skin Caresmetics's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2021 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2021 )  (A: Jul. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2021 )  (A: Jul. 2020 )(A: Dec. 2021 )
=-0.002/( (0+0)/ 1 )
=-0.002/0
=N/A %

Flowerkist Skin Caresmetics's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=-0.064/( (0+0)/ 1 )
=-0.064/0
=N/A %

* 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. 2022) net income data.


Flowerkist Skin Caresmetics  (OTCPK:FKST) 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.


Flowerkist Skin Caresmetics Return-on-Tangible-Asset Related Terms

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Flowerkist Skin Caresmetics (Flowerkist Skin Caresmetics) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1117 State Street, Santa Barbara, CA, USA, 93101
Flowerkist Skin Care & Cosmetics Inc is involved in the Development and contract manufacturing of CBD (0% THC) infused skincare and cosmetics. Marketing and selling these products through various online and targeted channels including Medical SPAs.

Flowerkist Skin Caresmetics (Flowerkist Skin Caresmetics) Headlines

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