GDSI (Global Digital Solutions) Return-on-Tangible-Asset: -156,000.00% (As of Jun. 2023)

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What is Global Digital Solutions Return-on-Tangible-Asset?

Global Digital Solutions GDSI -99.00% Return-on-Tangible-Asset is -156,000.00% as of Jun. 2023.

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. Global Digital Solutions's annualized Net Income for the quarter that ended in Jun. 2023 was $-3.90 Mil. Global Digital Solutions's average total tangible assets for the quarter that ended in Jun. 2023 was $0.00 Mil. Therefore, Global Digital Solutions's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2023 was -156,000.00%.

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

GDSI's Return-on-Tangible-Asset is not ranked *
in the Business Services industry.
Industry Median: 3.975
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Global Digital Solutions  (OTCPK:GDSI) 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.


Global Digital Solutions Return-on-Tangible-Asset Related Terms


Global Digital Solutions Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Global Digital Solutions'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.

Global Digital Solutions Return-on-Tangible-Asset Chart

Global Digital Solutions Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,031.40 -1,233.33 -2,169.88 507.69 -4,882.20

Global Digital Solutions Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2,025.00 -7,122.58 -61,538.46 157,333.33 -156,000.00

GDSI vs BLPG, DTII, IWAL: Return-on-Tangible-Asset Comparison

For the Security & Protection Services subindustry, Global Digital Solutions'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.


Global Digital Solutions Return-on-Tangible-Asset vs Business Services Industry

For the Business Services industry and Industrials sector, Global Digital Solutions's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Global Digital Solutions's Return-on-Tangible-Asset falls into.



Global Digital Solutions Return-on-Tangible-Asset Calculation

Global Digital Solutions's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=-5.761/( (0.235+0.001)/ 2 )
=-5.761/0.118
=-4,882.20 %

Global Digital Solutions's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2023 )  (Q: Mar. 2023 )(Q: Jun. 2023 )
=-3.9/( (0.002+0.003)/ 2 )
=-3.9/0.0025
=-156,000.00 %

* 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 (Jun. 2023) net income data.

What does a Return-on-Tangible-Asset of -156,000.00% mean?
Global Digital Solutions (GDSI) has a Return-on-Tangible-Asset of -156,000.00% as of Jun. 2023. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Global Digital Solutions and its competitors.
Is Global Digital Solutions' Return-on-Tangible-Asset too high?
Global Digital Solutions' current Return-on-Tangible-Asset is -156,000.00%.
How does Global Digital Solutions' Return-on-Tangible-Asset compare to BLPG and DTII?
Global Digital Solutions' Return-on-Tangible-Asset of -156,000.00% can be compared against companies in the Business Services industry. The industry median Return-on-Tangible-Asset is 3.98. 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 a Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.98, based on 1,098 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 Global Digital Solutions and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Digital Solutions's current Return-on-Tangible-Asset is -156,000.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Digital Solutions stock overvalued right now?
Global Digital Solutions (GDSI) has a current Return-on-Tangible-Asset of -156,000.00%. The current Return-on-Tangible-Asset is -156,000.00%. 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 Global Digital Solutions (GDSI), the current Return-on-Tangible-Asset is -156,000.00% as of Jun. 2023. 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.

Global Digital Solutions Business Description

Address 777 South Flagler Drive, Suite 800, West Tower, West Palm Beach, FL, USA, 33401
Global Digital Solutions Inc operates as a holding company. The company is focused on providing security, automation, and aviation technology solutions.