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Gold River ProductionsGRPS Return-on-Tangible-Asset is -28.88% as of Mar. 2096. Among 1,009 Drug Manufacturers companies, Gold River Productions ranks worse than 99107.93% 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. Gold River Productions's annualizedNet Income for the quarter that ended in Mar. 2096 was $-21.4 Mil. Gold River Productions's average total tangible assets for the quarter that ended in Mar. 2096 was $74.1 Mil. Therefore, Gold River Productions's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2096 was -28.88%.
The historical rank and industry rank for Gold River Productions's Return-on-Tangible-Asset or its related term are showing as below:
GRPS's Return-on-Tangible-Asset is not ranked *
in the Drug Manufacturers industry.
Industry Median: 3.16 * Ranked among companies with meaningful Return-on-Tangible-Asset only.
Gold River Productions (OTCPK:GRPS) 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.
Gold River Productions Return-on-Tangible-Asset Related Terms
Gold River Productions Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Gold River Productions'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.
Gold River Productions Return-on-Tangible-Asset Chart
Gold River Productions Annual Data
Trend
Mar92
Mar93
Mar94
Mar95
Return-on-Tangible-Asset
-122.22
-83.67
-21.55
-24.48
Gold River Productions Semi-Annual Data
Mar92
Mar93
Mar94
Mar95
Mar96
Return-on-Tangible-Asset
-122.22
-83.67
-21.55
-24.48
-28.88
GRPS vs KOAN, OWPC, PTPI: Return-on-Tangible-Asset Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Gold River Productions'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.
Gold River Productions Return-on-Tangible-Asset vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Gold River Productions's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Gold River Productions'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 one times the annual (Mar. 2096) net income data.
What does a Return-on-Tangible-Asset of -28.88% mean?
Gold River Productions (GRPS) has a Return-on-Tangible-Asset of -28.88% as of Mar. 2096. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Gold River Productions and its competitors. According to the industry distribution chart, Gold River Productions ranks #999999 out of 1009 companies in the Drug Manufacturers industry.
Is Gold River Productions' Return-on-Tangible-Asset too high?
Gold River Productions' current Return-on-Tangible-Asset is -28.88%. Based on the distribution chart, Gold River Productions ranks #999999 out of 1009 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers.
How does Gold River Productions' Return-on-Tangible-Asset compare to KOAN and OWPC?
According to the Drug Manufacturers industry distribution chart, Gold River Productions ranks #999999 out of 1009 companies for Return-on-Tangible-Asset. This places Gold River Productions in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.16. 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 Drug Manufacturers company?
The median Return-on-Tangible-Asset among Drug Manufacturers companies is 3.16, based on 1,009 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 Gold River Productions and its competitors. For the Drug Manufacturers industry, the median Return-on-Tangible-Asset is 3.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gold River Productions's current Return-on-Tangible-Asset is -28.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold River Productions stock overvalued right now?
Gold River Productions (GRPS) has a current Return-on-Tangible-Asset of -28.88%. The current Return-on-Tangible-Asset is -28.88%. 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 Gold River Productions (GRPS), the current Return-on-Tangible-Asset is -28.88% as of Mar. 2096. 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.
Gold River Productions Inc is a medical cannabinoids company involved in developing products targeting disease states as supplements. The company offers various products, including Wrinkle Cream, EnergyPlex CBD, Hemorrhoid Plus CBD, Addiction Kit, and Sominoplex-CBD, among others.
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