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Showcase Minerals (FRA:ZJ0) Return-on-Tangible-Asset : -22.94% (As of Jan. 2025)


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What is Showcase Minerals 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. Showcase Minerals's annualized Net Income for the quarter that ended in Jan. 2025 was €-0.03 Mil. Showcase Minerals's average total tangible assets for the quarter that ended in Jan. 2025 was €0.14 Mil. Therefore, Showcase Minerals's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2025 was -22.94%.

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

FRA:ZJ0' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -292.9   Med: -64.25   Max: -46.81
Current: -201.45

During the past 4 years, Showcase Minerals's highest Return-on-Tangible-Asset was -46.81%. The lowest was -292.90%. And the median was -64.25%.

FRA:ZJ0's Return-on-Tangible-Asset is ranked worse than
91.31% of 2658 companies
in the Metals & Mining industry
Industry Median: -17.265 vs FRA:ZJ0: -201.45

Showcase Minerals Return-on-Tangible-Asset Historical Data

The historical data trend for Showcase Minerals'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.

Showcase Minerals Return-on-Tangible-Asset Chart

Showcase Minerals Annual Data
Trend Oct21 Oct22 Oct23 Oct24
Return-on-Tangible-Asset
-46.63 -62.47 -66.52 -284.84

Showcase Minerals Quarterly Data
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 -123.88 -92.32 -502.52 12.33 -22.94

Competitive Comparison of Showcase Minerals's Return-on-Tangible-Asset

For the Other Industrial Metals & Mining subindustry, Showcase Minerals'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.


Showcase Minerals's Return-on-Tangible-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Showcase Minerals's Return-on-Tangible-Asset distribution charts can be found below:

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


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Showcase Minerals Return-on-Tangible-Asset Calculation

Showcase Minerals's annualized Return-on-Tangible-Asset for the fiscal year that ended in Oct. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Oct. 2024 )  (A: Oct. 2023 )(A: Oct. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Oct. 2024 )  (A: Oct. 2023 )(A: Oct. 2024 )
=-1.212/( (0.708+0.143)/ 2 )
=-1.212/0.4255
=-284.84 %

Showcase Minerals'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 )
=-0.032/( (0.143+0.136)/ 2 )
=-0.032/0.1395
=-22.94 %

* 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.


Showcase Minerals  (FRA:ZJ0) 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.


Showcase Minerals Return-on-Tangible-Asset Related Terms

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Showcase Minerals Business Description

Traded in Other Exchanges
Address
741 Harbourfront Drive North East, Salmon Arm, BC, CAN, V1E 3L4
Showcase Minerals Inc is engaged in the business of mineral property exploration and development. The company holds the exclusive option to acquire a 100% interest in the Dixie Flats Claims, the North Star Claims, and the Woodruff Claims (collectively, 'the Properties'), which are respectively subject to net smelters returns royalties ranging from 2.25% to 4.25%. It has one reportable segment, the exploration and development of mineral property in the State of Nevada, USA.

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