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Nicola MiningHUSIF -3.62%24 Return-on-Tangible-Asset is -26.09% as of Mar. 2026. GuruFocus rates HUSIF with a GF Score™ of 24/100. The stock has 4 warning signs investors should review. Among 2,670 Metals & Mining companies, Nicola Mining ranks worse than 67.3% 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. Nicola Mining's annualizedNet Income for the quarter that ended in Mar. 2026 was $-2.96 Mil. Nicola Mining's average total tangible assets for the quarter that ended in Mar. 2026 was $11.34 Mil. Therefore, Nicola Mining's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -26.09%.
The historical rank and industry rank for Nicola Mining's Return-on-Tangible-Asset or its related term are showing as below:
HUSIF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -45.72 Med: -34.67 Max: 13.18
Current: -44.06
During the past 13 years, Nicola Mining's highest Return-on-Tangible-Asset was 13.18%. The lowest was -45.72%. And the median was -34.67%.
HUSIF's Return-on-Tangible-Asset is ranked worse than 67.3% of 2670
companies
in the Metals & Mining industry
Industry Median: -17.365
vs HUSIF: -44.06
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.
Nicola Mining Return-on-Tangible-Asset Related Terms
Nicola Mining Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Nicola Mining'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.
For the Other Industrial Metals & Mining subindustry, Nicola Mining'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.
Nicola Mining Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Nicola Mining's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Nicola Mining'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 -26.09% mean?
Nicola Mining (HUSIF) has a Return-on-Tangible-Asset of -26.09% 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 Nicola Mining and its competitors. According to the industry distribution chart, Nicola Mining ranks #1797 out of 2670 companies in the Metals & Mining industry, placing it in the top 67.3%.
Is Nicola Mining's Return-on-Tangible-Asset too high?
Nicola Mining's current Return-on-Tangible-Asset is -26.09%. Based on the distribution chart, Nicola Mining ranks #1797 out of 2670 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Nicola Mining has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Nicola Mining's Return-on-Tangible-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Nicola Mining ranks #1797 out of 2670 companies for Return-on-Tangible-Asset. This places Nicola Mining in the lower 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 Nicola Mining and its competitors. Nicola Mining's current Return-on-Tangible-Asset is -26.09%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nicola Mining stock overvalued right now?
Nicola Mining (HUSIF) has a current Return-on-Tangible-Asset of -26.09%. The current Return-on-Tangible-Asset is -26.09%. Nicola Mining's overall GF Score™ is 24/100 with 4 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 Nicola Mining (HUSIF), the current Return-on-Tangible-Asset is -26.09% 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.
Nicola Mining Inc is a junior exploration and custom milling company that is engaged in the business of identification, acquisition, and exploration of mineral property interests, together with custom milling partnerships at its Merritt Mill. The company holds interests in various claims at the following properties: the Treasure Mountain Property, New Craigmont Property, and Dominion Creek Property. Its portfolio of producing assets and development projects is mainly composed of copper, gold, and silver properties spread across British Columbia, Canada.
24GF Score
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