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Infinity Stone Ventures (FRA:B2IA) Return-on-Tangible-Asset : -11.47% (As of May. 2023)


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What is Infinity Stone Ventures 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. Infinity Stone Ventures's annualized Net Income for the quarter that ended in May. 2023 was €-0.30 Mil. Infinity Stone Ventures's average total tangible assets for the quarter that ended in May. 2023 was €2.58 Mil. Therefore, Infinity Stone Ventures's annualized Return-on-Tangible-Asset for the quarter that ended in May. 2023 was -11.47%.

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

FRA:B2IA' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8895.04   Med: -4600.77   Max: -57.42
Current: -57.42

During the past 2 years, Infinity Stone Ventures's highest Return-on-Tangible-Asset was -57.42%. The lowest was -8895.04%. And the median was -4600.77%.

FRA:B2IA's Return-on-Tangible-Asset is ranked worse than
85.84% of 2824 companies
in the Software industry
Industry Median: 1.29 vs FRA:B2IA: -57.42

Infinity Stone Ventures Return-on-Tangible-Asset Historical Data

The historical data trend for Infinity Stone Ventures'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.

Infinity Stone Ventures Return-on-Tangible-Asset Chart

Infinity Stone Ventures Annual Data
Trend Aug21 Aug22
Return-on-Tangible-Asset
-8,910.82 -311.22

Infinity Stone Ventures Quarterly Data
May20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -500.95 -345.61 -215.05 172.47 -11.47

Competitive Comparison of Infinity Stone Ventures's Return-on-Tangible-Asset

For the Software - Application subindustry, Infinity Stone Ventures'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.


Infinity Stone Ventures's Return-on-Tangible-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Infinity Stone Ventures's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Infinity Stone Ventures's Return-on-Tangible-Asset falls into.



Infinity Stone Ventures Return-on-Tangible-Asset Calculation

Infinity Stone Ventures's annualized Return-on-Tangible-Asset for the fiscal year that ended in Aug. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Aug. 2022 )  (A: Aug. 2021 )(A: Aug. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Aug. 2022 )  (A: Aug. 2021 )(A: Aug. 2022 )
=-3.134/( (0.231+1.783)/ 2 )
=-3.134/1.007
=-311.22 %

Infinity Stone Ventures's annualized Return-on-Tangible-Asset for the quarter that ended in May. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: May. 2023 )  (Q: Feb. 2023 )(Q: May. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: May. 2023 )  (Q: Feb. 2023 )(Q: May. 2023 )
=-0.296/( (2.621+2.54)/ 2 )
=-0.296/2.5805
=-11.47 %

* 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 (May. 2023) net income data.


Infinity Stone Ventures  (FRA:B2IA) 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.


Infinity Stone Ventures Return-on-Tangible-Asset Related Terms

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Infinity Stone Ventures (FRA:B2IA) Business Description

Traded in Other Exchanges
Address
750 - 1095 West Pender Street, Vancouver, BC, CAN, V6E 2M6
Infinity Stone Ventures Corp is engaged in the development of battery metals projects to fuel the green revolution, alongside a diversified portfolio of SaaS solutions, thereby delivering solutions across industries to its customers. The company's primary business units include Health Check and the energy metals portfolio. Geographically, it operates in Canada and USA. The Company is engaged in the development, marketing, and commercialization of contact tracing solutions. It is a technology company developing and delivering SaaS solutions for the public and private sectors. It integrates data collection and management (Smart Health RM), communications (Smart Connect), advertising (Engagency), and IoT devices (Smart Check).

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