GEMI (Gemini Space Station) Return-on-Tangible-Asset: -28.59% (As of Mar. 2026)

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GEMI Gemini Space Station Inc GEMI
8 GF Score
Price $4.29
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What is Gemini Space Station Return-on-Tangible-Asset?

Gemini Space Station GEMI -2.50% 8 Return-on-Tangible-Asset is -28.59% as of Mar. 2026. GuruFocus rates GEMI with a GF Score™ of 8/100. The stock has 3 warning signs investors should review. Among 817 Capital Markets companies, Gemini Space Station ranks worse than 91.31% on this metric.

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. Gemini Space Station's annualized Net Income for the quarter that ended in Mar. 2026 was $-435.9 Mil. Gemini Space Station's average total tangible assets for the quarter that ended in Mar. 2026 was $1,524.8 Mil. Therefore, Gemini Space Station's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -28.59%.

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

GEMI' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -37.68   Med: -31.16   Max: -12.9
Current: -32.56

During the past 3 years, Gemini Space Station's highest Return-on-Tangible-Asset was -12.90%. The lowest was -37.68%. And the median was -31.16%.

GEMI's Return-on-Tangible-Asset is ranked worse than
91.31% of 817 companies
in the Capital Markets industry
Industry Median: 1.54 vs GEMI: -32.56

Gemini Space Station  (NAS:GEMI) 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.


Gemini Space Station Return-on-Tangible-Asset Related Terms


Gemini Space Station Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Gemini Space Station'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.

Gemini Space Station Return-on-Tangible-Asset Chart

Gemini Space Station Annual Data
Trend Dec23 Dec24 Dec25
Return-on-Tangible-Asset
-31.16 -12.90 -37.68

Gemini Space Station Quarterly Data
Dec23 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Return-on-Tangible-Asset Get a 7-Day Free Trial -41.70 -37.47 -35.30 -29.22 -28.59

GEMI vs CSHR, BTGO, CNCK: Return-on-Tangible-Asset Comparison

For the Capital Markets subindustry, Gemini Space Station'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.


Gemini Space Station Return-on-Tangible-Asset vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Gemini Space Station's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Gemini Space Station's Return-on-Tangible-Asset falls into.


GEMI
8GF Score
Gemini Space Station Inc GEMI
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Gemini Space Station Return-on-Tangible-Asset Calculation

Gemini Space Station's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-582.813/( (1431.785+1662.042)/ 2 )
=-582.813/1546.9135
=-37.68 %

Gemini Space Station's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=-435.912/( (1662.042+1387.575)/ 2 )
=-435.912/1524.8085
=-28.59 %

* 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. 2026) net income data.

What does a Return-on-Tangible-Asset of -28.59% mean?
Gemini Space Station (GEMI) has a Return-on-Tangible-Asset of -28.59% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Gemini Space Station and its competitors. According to the industry distribution chart, Gemini Space Station ranks #746 out of 817 companies in the Capital Markets industry, placing it in the top 91.3%.
Is Gemini Space Station's Return-on-Tangible-Asset too high?
Gemini Space Station's current Return-on-Tangible-Asset is -28.59%. Based on the distribution chart, Gemini Space Station ranks #746 out of 817 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Gemini Space Station has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Gemini Space Station's Return-on-Tangible-Asset compare to CSHR and BTGO?
According to the Capital Markets industry distribution chart, Gemini Space Station ranks #746 out of 817 companies for Return-on-Tangible-Asset. This places Gemini Space Station in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.54. 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 Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.54, based on 817 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 Gemini Space Station and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gemini Space Station's current Return-on-Tangible-Asset is -28.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gemini Space Station stock overvalued right now?
Gemini Space Station (GEMI) has a current Return-on-Tangible-Asset of -28.59%. The current Return-on-Tangible-Asset is -28.59%. Gemini Space Station's overall GF Score™ is 8/100 with 3 warning signs to review. 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 Gemini Space Station (GEMI), the current Return-on-Tangible-Asset is -28.59% as of Mar. 2026. 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.

Gemini Space Station Business Description

Address 600 Third Avenue, 2nd Floor, New York, NY, USA, 10016
Gemini Space Station Inc is engaged on unlocking the next era of financial, creative, and personal freedom. It envisions a future where crypto will redesign the global financial system, the internet, and money in a way that provides greater choice, independence, and opportunity for all. As a trusted bridge between the traditional financial system and the emerging crypto economy, It is providing access for individuals and institutions to a decentralized future that is more open, fair, and secure. Its core exchange product has expanded over time to become a comprehensive platform for its users to engage with the crypto economy, including a derivatives exchange, staking services, an over-the-counter (OTC) trading desk, institutional-grade custody, and others.
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