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Highland Copper CoHDRSF +1.35%36 Return-on-Tangible-Asset is 86.15% as of Mar. 2026. GuruFocus rates HDRSF with a GF Score™ of 36/100. The stock has 1 warning sign investors should review. Among 2,664 Metals & Mining companies, Highland Copper Co ranks better than 73.54% 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. Highland Copper Co's annualizedNet Income for the quarter that ended in Mar. 2026 was $37.82 Mil. Highland Copper Co's average total tangible assets for the quarter that ended in Mar. 2026 was $43.90 Mil. Therefore, Highland Copper Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 86.15%.
The historical rank and industry rank for Highland Copper Co's Return-on-Tangible-Asset or its related term are showing as below:
HDRSF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -78.62 Med: -16.99 Max: 54.44
Current: -1.27
During the past 13 years, Highland Copper Co's highest Return-on-Tangible-Asset was 54.44%. The lowest was -78.62%. And the median was -16.99%.
HDRSF's Return-on-Tangible-Asset is ranked better than 73.54% of 2664
companies
in the Metals & Mining industry
Industry Median: -17.41
vs HDRSF: -1.27
Highland Copper Co (OTCPK:HDRSF) 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.
Highland Copper Co Return-on-Tangible-Asset Related Terms
Highland Copper Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Highland Copper Co'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.
HDRSF vs SCCO, FCX: Return-on-Tangible-Asset Comparison
For the Copper subindustry, Highland Copper Co'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.
Highland Copper Co Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Highland Copper Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Highland Copper Co'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 four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 86.15% mean?
Highland Copper Co (HDRSF) has a Return-on-Tangible-Asset of 86.15% 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 Highland Copper Co and its competitors. According to the industry distribution chart, Highland Copper Co ranks #705 out of 2664 companies in the Metals & Mining industry, placing it in the top 26.5%.
Is Highland Copper Co's Return-on-Tangible-Asset too high?
Highland Copper Co's current Return-on-Tangible-Asset is 86.15%. Based on the distribution chart, Highland Copper Co ranks #705 out of 2664 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Highland Copper Co has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Highland Copper Co's Return-on-Tangible-Asset compare to SCCO and FCX?
According to the Metals & Mining industry distribution chart, Highland Copper Co ranks #705 out of 2664 companies for Return-on-Tangible-Asset. This puts Highland Copper Co in the upper half of its industry. 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 Metals & Mining company?
A good Return-on-Tangible-Asset depends on the Metals & Mining industry context. 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 Highland Copper Co and its competitors. Highland Copper Co's current Return-on-Tangible-Asset is 86.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highland Copper Co stock overvalued right now?
Highland Copper Co (HDRSF) has a current Return-on-Tangible-Asset of 86.15%. The current Return-on-Tangible-Asset is 86.15%. Highland Copper Co's overall GF Score™ is 36/100 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 Highland Copper Co (HDRSF), the current Return-on-Tangible-Asset is 86.15% 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.
Highland Copper Co Inc is a mineral exploration company principally engaged in the acquisition, exploration, and development of mineral properties. It is a copper development company, focused on sediment-hosted copper projects in the Copper Range District of the Upper Peninsula of Michigan, USA. The projects of the company are the Copperwood project, White Pine North project, UPX Property, and Keweenaw project.
36GF Score
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