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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. United States Oil and Gas's annualizedNet Income for the quarter that ended in Sep. 2011 was €-3.43 Mil. United States Oil and Gas's average total tangible assets for the quarter that ended in Sep. 2011 was €2.81 Mil. Therefore, United States Oil and Gas's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2011 was -122.19%.
The historical rank and industry rank for United States Oil and Gas's Return-on-Tangible-Asset or its related term are showing as below:
FRA:NG5B's Return-on-Tangible-Asset is not ranked *
in the Oil & Gas industry.
Industry Median: 2.195 * Ranked among companies with meaningful Return-on-Tangible-Asset only.
United States Oil and Gas (FRA:NG5B) 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.
United States Oil and Gas Return-on-Tangible-Asset Related Terms
United States Oil and Gas Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for United States Oil and Gas'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.
United States Oil and Gas Return-on-Tangible-Asset Chart
United States Oil and Gas Return-on-Tangible-Asset Competitor Comparison
For the Oil & Gas Refining & Marketing subindustry, United States Oil and Gas'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.
United States Oil and Gas Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, United States Oil and Gas's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where United States Oil and Gas'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 four times the quarterly (Sep. 2011) net income data.
What does a Return-on-Tangible-Asset of -122.19% mean?
United States Oil and Gas (FRA:NG5B) has a Return-on-Tangible-Asset of -122.19% as of Sep. 2011. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on United States Oil and Gas and its competitors.
Is United States Oil and Gas' Return-on-Tangible-Asset too high?
United States Oil and Gas' current Return-on-Tangible-Asset is -122.19%.
How does United States Oil and Gas' Return-on-Tangible-Asset compare to competitors?
United States Oil and Gas' Return-on-Tangible-Asset of -122.19% can be compared against companies in the Oil & Gas industry. The industry median Return-on-Tangible-Asset is 2.20. 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 Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 2.20, based on 1,038 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 United States Oil and Gas and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 2.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United States Oil and Gas's current Return-on-Tangible-Asset is -122.19%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United States Oil and Gas stock overvalued right now?
United States Oil and Gas (FRA:NG5B) has a current Return-on-Tangible-Asset of -122.19%. The current Return-on-Tangible-Asset is -122.19%. 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 United States Oil and Gas (FRA:NG5B), the current Return-on-Tangible-Asset is -122.19% as of Sep. 2011. 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.
United States Oil And Gas Corp was founded in April 2007. The Company identifies and attempts to acquire domestic oil and gas service companies that market and distribute refined fuels, distillates (which are liquid petroleum products that are burned in a furnace or boiler for the generation of heat or used in an engine for the generation of power) and propane to retail and wholesale customers and oversee the operations of the businesses it acquires. Its acquisition targets are small to mid-sized family-run companies. Oil and gas service companies typically purchase bulk fuel and propane from regional suppliers, then store, sell, and deliver the fuel and propane to local businesses, drillers, farms, wholesalers, and individuals.
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