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GECC (Great Elm Capital) Return-on-Tangible-Asset : 0.52% (As of Mar. 2025)


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What is Great Elm Capital 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. Great Elm Capital's annualized Net Income for the quarter that ended in Mar. 2025 was $1.81 Mil. Great Elm Capital's average total tangible assets for the quarter that ended in Mar. 2025 was $346.43 Mil. Therefore, Great Elm Capital's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 0.52%.

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

GECC' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -11.13   Med: -3.1   Max: 9.1
Current: 1.29

During the past 13 years, Great Elm Capital's highest Return-on-Tangible-Asset was 9.10%. The lowest was -11.13%. And the median was -3.10%.

GECC's Return-on-Tangible-Asset is ranked worse than
65.86% of 1684 companies
in the Asset Management industry
Industry Median: 4.23 vs GECC: 1.29

Great Elm Capital Return-on-Tangible-Asset Historical Data

The historical data trend for Great Elm Capital'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.

Great Elm Capital Return-on-Tangible-Asset Chart

Great Elm Capital Annual Data
Trend Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11.13 -2.90 -4.23 9.10 1.21

Great Elm Capital Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -0.70 -1.75 3.69 1.94 0.52

Competitive Comparison of Great Elm Capital's Return-on-Tangible-Asset

For the Asset Management subindustry, Great Elm Capital'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.


Great Elm Capital's Return-on-Tangible-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Great Elm Capital's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Great Elm Capital's Return-on-Tangible-Asset falls into.


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Great Elm Capital Return-on-Tangible-Asset Calculation

Great Elm Capital's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=3.553/( (246.825+342.028)/ 2 )
=3.553/294.4265
=1.21 %

Great Elm Capital's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=1.812/( (342.028+350.83)/ 2 )
=1.812/346.429
=0.52 %

* 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 (Mar. 2025) net income data.


Great Elm Capital  (NAS:GECC) 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.


Great Elm Capital Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Great Elm Capital's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Great Elm Capital Business Description

Traded in Other Exchanges
N/A
Address
3801 PGA Boulevard, Suite 603, Palm Beach Gardens, FL, USA, 02453
Great Elm Capital Corp is an externally managed, non-diversified closed-end management investment company. It generate both income and capital appreciation through debt and income-generating equity investments, including investments in finance businesses.
Executives
Matthew A Drapkin director 10 CORBIN DRIVE, 3RD FLOOR, DARIEN CT 06820
Great Elm Group, Inc. 10 percent owner 800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Richard M Cohen director C/O CARNEGIE INTERNATIONAL CORP, 11350 MCCORMICK ROAD EXECUTIVE PLAZA #3, HUNT VALLEY MD 21031
Mark Kuperschmid director MAST CAPITAL MANAGEMENT, LLC, 200 CLARENDON STREET, 51ST FLOOR, BOSTON MA 02116
Matthew D Kaplan officer: CEO and President 800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Northern Right Capital Management, L.p. 10 percent owner, other: Member of 13D 10% Group 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Nrc Partners I, Lp 10 percent owner 9 OLD KINGS HIGHWAY SOUTH, 4TH FLOOR, DARIEN CT 06820
Bc Advisors Llc 10 percent owner 500 CRESCENT COURT, SUITE 230, DALLAS TX 75201
Northern Right Capital (qp), L.p. 10 percent owner 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Chad Perry director C/O TANGER FACTORY OUTLET CENTERS, INC., 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408
Lenders Funding Llc /california 10 percent owner 523 A AVENUE, CORONADO CA 92118
Robert A Zadek 10 percent owner 523 A AVENUE, CORONADO CA 92118
Erik A Falk director C/O KKR ASSET MANAGEMENT LLC, 555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Adam M Kleinman officer: Chief Compliance Officer 800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Michael C Speller director 800 SOUTH STREET, SUITE 230, WALTHAM MA 02453