GVCIW (Green Visor Financial Technology Acquisition I) Return-on-Tangible-Asset: 5.64% (As of Dec. 2022) — Near Median

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GVCIW Green Visor Financial Technology Acquisition Corp I GVCIW
20 GF Score
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What is Green Visor Financial Technology Acquisition I Return-on-Tangible-Asset?

Green Visor Financial Technology Acquisition I GVCIW 20 Return-on-Tangible-Asset is 5.64% as of Dec. 2022, which is 6% below its 10-year median of 5.97. GuruFocus rates GVCIW with a GF Score™ of 20/100. The stock has 1 warning sign investors should review.

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. Green Visor Financial Technology Acquisition I's annualized Net Income for the quarter that ended in Dec. 2022 was $11.67 Mil. Green Visor Financial Technology Acquisition I's average total tangible assets for the quarter that ended in Dec. 2022 was $206.87 Mil. Therefore, Green Visor Financial Technology Acquisition I's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2022 was 5.64%.

The historical rank and industry rank for Green Visor Financial Technology Acquisition I's Return-on-Tangible-Asset or its related term are showing as below:

GVCIW' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 5.97   Med: 5.97   Max: 5.98
Current: 5.98

During the past 2 years, Green Visor Financial Technology Acquisition I's highest Return-on-Tangible-Asset was 5.98%. The lowest was 5.97%. And the median was 5.97%.

GVCIW's Return-on-Tangible-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.72 vs GVCIW: 5.98

Green Visor Financial Technology Acquisition I  (NAS:GVCIW) 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.


Green Visor Financial Technology Acquisition I Return-on-Tangible-Asset Related Terms


Green Visor Financial Technology Acquisition I Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Green Visor Financial Technology Acquisition I'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.

Green Visor Financial Technology Acquisition I Return-on-Tangible-Asset Chart

Green Visor Financial Technology Acquisition I Annual Data
Trend Dec21 Dec22
Return-on-Tangible-Asset
0.00 5.97

Green Visor Financial Technology Acquisition I Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Return-on-Tangible-Asset Get a 7-Day Free Trial 20.67 9.30 6.39 2.63 5.64

GVCIW vs SMIH, GEEX, RCHG: Return-on-Tangible-Asset Comparison

For the Shell Companies subindustry, Green Visor Financial Technology Acquisition I'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.


Green Visor Financial Technology Acquisition I Return-on-Tangible-Asset vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Green Visor Financial Technology Acquisition I's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Green Visor Financial Technology Acquisition I's Return-on-Tangible-Asset falls into.


GVCIW
20GF Score
Green Visor Financial Technology Acquisition Corp I GVCIW
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Green Visor Financial Technology Acquisition I Return-on-Tangible-Asset Calculation

Green Visor Financial Technology Acquisition I'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 )
=12.33/( (205.651+207.538)/ 2 )
=12.33/206.5945
=5.97 %

Green Visor Financial Technology Acquisition I's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2022 )  (Q: Sep. 2022 )(Q: Dec. 2022 )
=11.672/( (206.2+207.538)/ 2 )
=11.672/206.869
=5.64 %

* 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 (Dec. 2022) net income data.

What does a Return-on-Tangible-Asset of 5.64% mean?
Green Visor Financial Technology Acquisition I (GVCIW) has a Return-on-Tangible-Asset of 5.64% as of Dec. 2022. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Green Visor Financial Technology Acquisition I and its competitors. This is near median its historical median of 5.97. Over the past decade, Green Visor Financial Technology Acquisition I's Return-on-Tangible-Asset has ranged from 5.97 to 5.98.
Is Green Visor Financial Technology Acquisition I's Return-on-Tangible-Asset too high?
Green Visor Financial Technology Acquisition I's current Return-on-Tangible-Asset of 5.64% is near median its 10-year median of 5.97. Over the past 10 years, this metric has ranged from a low of 5.97 to a high of 5.98. The Diversified Financial Services industry median Return-on-Tangible-Asset is 0.72. Green Visor Financial Technology Acquisition I's value of 5.64% is 683.3% above this industry median. Overall, Green Visor Financial Technology Acquisition I has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Green Visor Financial Technology Acquisition I's Return-on-Tangible-Asset compare to SMIH and GEEX?
Green Visor Financial Technology Acquisition I's Return-on-Tangible-Asset of 5.64% can be compared against companies in the Diversified Financial Services industry. The industry median Return-on-Tangible-Asset is 0.72. Green Visor Financial Technology Acquisition I's value of 5.64% is 683.3% above this benchmark. Historically, Green Visor Financial Technology Acquisition I's own Return-on-Tangible-Asset has ranged from 5.97 to 5.98 over the past decade. While the company's 10-year median is 5.97 vs. the industry median of 0.72, Green Visor Financial Technology Acquisition I has consistently been above the industry average. 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 Diversified Financial Services company?
The median Return-on-Tangible-Asset among Diversified Financial Services companies is 0.72, based on 557 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. Green Visor Financial Technology Acquisition I's current Return-on-Tangible-Asset of 5.64% is 683.3% above the industry median. 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 Green Visor Financial Technology Acquisition I and its competitors. For the Diversified Financial Services industry, the median Return-on-Tangible-Asset is 0.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Green Visor Financial Technology Acquisition I's current Return-on-Tangible-Asset is 5.64%, which is near median its own 10-year median of 5.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Green Visor Financial Technology Acquisition I stock overvalued right now?
Green Visor Financial Technology Acquisition I (GVCIW) has a current Return-on-Tangible-Asset of 5.64%. The current Return-on-Tangible-Asset is 5.64%, which is near median its 10-year median of 5.97 and 683.3% above the Diversified Financial Services industry median of 0.72. Green Visor Financial Technology Acquisition I's overall GF Score™ is 20/100 with 1 warning sign 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 Green Visor Financial Technology Acquisition I (GVCIW), the current Return-on-Tangible-Asset is 5.64% as of Dec. 2022. 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.

Green Visor Financial Technology Acquisition I Business Description

Address 88 Kearny Street, Suite 850, San Francisco, CA, USA, 94108
Green Visor Financial Technology Acquisition Corp I is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, stock purchase, reorganization or similar business combination with one or more businesses.
20GF Score

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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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