GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Blusky AI Inc (OTCPK:BSAI) » Definitions » Return-on-Tangible-Asset

BSAI (Blusky AI) Return-on-Tangible-Asset : 18,000.00% (As of Dec. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Blusky AI Return-on-Tangible-Asset?

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. Blusky AI's annualized Net Income for the quarter that ended in Dec. 2024 was $0.36 Mil. Blusky AI's average total tangible assets for the quarter that ended in Dec. 2024 was $0.00 Mil. Therefore, Blusky AI's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 18,000.00%.

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

BSAI' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9895.83   Med: -254.73   Max: 2167.01
Current: -9895.83

During the past 13 years, Blusky AI's highest Return-on-Tangible-Asset was 2167.01%. The lowest was -9895.83%. And the median was -254.73%.

BSAI's Return-on-Tangible-Asset is ranked worse than
99.89% of 2664 companies
in the Metals & Mining industry
Industry Median: -17.465 vs BSAI: -9895.83

Blusky AI Return-on-Tangible-Asset Historical Data

The historical data trend for Blusky AI'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.

* Premium members only.

Blusky AI Return-on-Tangible-Asset Chart

Blusky AI Annual Data
Trend Jul15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 160.63 -212.57 -356.73 2,167.01 -7,916.67

Blusky AI Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -762.83 -5,410.53 -19,161.90 -24,888.89 18,000.00

Competitive Comparison of Blusky AI's Return-on-Tangible-Asset

For the Gold subindustry, Blusky AI'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.


Blusky AI's Return-on-Tangible-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Blusky AI's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Blusky AI's Return-on-Tangible-Asset falls into.


;
;

Blusky AI Return-on-Tangible-Asset Calculation

Blusky AI's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-0.95/( (0.023+0.001)/ 2 )
=-0.95/0.012
=-7,916.67 %

Blusky AI's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=0.36/( (0.003+0.001)/ 2 )
=0.36/0.002
=18,000.00 %

* 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. 2024) net income data.


Blusky AI  (OTCPK:BSAI) 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.


Blusky AI Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Blusky AI's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Blusky AI Business Description

Traded in Other Exchanges
N/A
Address
5530 South 900 East, Suite 280, Murray, UT, USA, 84117
Blusky AI Inc Formerly Inception Mining Inc is a mining company. It operate as a consultant and advisor to the mining industry. It operates the Clavo Rico mine in Honduras through its wholly-owned subsidiary, Compania Minera Cerros del Sur, S.A de C.V. (CMCS) and other mining concessions.
Executives
Whitney O Cluff director, officer: Chief Financial Officer 6550 SOUTH MILLROCK DRIVE, SUITE 200, SALT LAKE CITY UT 84121
Trent D'ambrosio director, 10 percent owner 5320 SOUTH 900 EAST, #260, MURRAY UT 84107
Reed L Benson director 7050 UNION PARK CENTER, #600, SALT LAKE CITY UT 84047
Jason Briggs 10 percent owner 4049 S. HIGHLAND DRIVE, SALT LAKE CITY UT 84124
Kay W Briggs director 978 EAGLE WAY, NORTH SALT LAKE UT 84054
Michael Ahlin director, officer: CEO 4770 ICHABOD DRIVE, HOLLADAY UT 84117
Brian T. Brewer director, officer: COO P.O. BOX 305, SALMON ID 83467