IPCIQ (IntelliPharmaCeutics International) Return-on-Tangible-Asset: -457.80% (As of Aug. 2023)

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IPCIQ IntelliPharmaCeutics International Inc IPCIQ
16 GF Score
Price $0.15
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What is IntelliPharmaCeutics International Return-on-Tangible-Asset?

IntelliPharmaCeutics International IPCIQ -100.00% 16 Return-on-Tangible-Asset is -457.80% as of Aug. 2023. GuruFocus rates IPCIQ with a GF Score™ of 16/100.

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. IntelliPharmaCeutics International's annualized Net Income for the quarter that ended in Aug. 2023 was $-7.56 Mil. IntelliPharmaCeutics International's average total tangible assets for the quarter that ended in Aug. 2023 was $1.65 Mil. Therefore, IntelliPharmaCeutics International's annualized Return-on-Tangible-Asset for the quarter that ended in Aug. 2023 was -457.80%.

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

IPCIQ's Return-on-Tangible-Asset is not ranked *
in the Biotechnology industry.
Industry Median: -35.75
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

IntelliPharmaCeutics International  (OTCPK:IPCIQ) 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.


IntelliPharmaCeutics International Return-on-Tangible-Asset Related Terms


IntelliPharmaCeutics International Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for IntelliPharmaCeutics International'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.

IntelliPharmaCeutics International Return-on-Tangible-Asset Chart

IntelliPharmaCeutics International Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -145.69 -105.89 -94.40 -187.67 -163.95

IntelliPharmaCeutics International Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
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 -71.35 -243.99 -94.09 -12.97 -457.80

IPCIQ vs CHRO, KTTA, FRTX: Return-on-Tangible-Asset Comparison

For the Biotechnology subindustry, IntelliPharmaCeutics International'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.


IntelliPharmaCeutics International Return-on-Tangible-Asset vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, IntelliPharmaCeutics International's Return-on-Tangible-Asset distribution charts can be found below:

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


IPCIQ
16GF Score
IntelliPharmaCeutics International Inc IPCIQ
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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IntelliPharmaCeutics International Return-on-Tangible-Asset Calculation

IntelliPharmaCeutics International's annualized Return-on-Tangible-Asset for the fiscal year that ended in Nov. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Nov. 2022 )  (A: Nov. 2021 )(A: Nov. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Nov. 2022 )  (A: Nov. 2021 )(A: Nov. 2022 )
=-2.892/( (2.096+1.432)/ 2 )
=-2.892/1.764
=-163.95 %

IntelliPharmaCeutics International's annualized Return-on-Tangible-Asset for the quarter that ended in Aug. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Aug. 2023 )  (Q: May. 2023 )(Q: Aug. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Aug. 2023 )  (Q: May. 2023 )(Q: Aug. 2023 )
=-7.556/( (1.735+1.566)/ 2 )
=-7.556/1.6505
=-457.80 %

* 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 (Aug. 2023) net income data.

What does a Return-on-Tangible-Asset of -457.80% mean?
IntelliPharmaCeutics International (IPCIQ) has a Return-on-Tangible-Asset of -457.80% as of Aug. 2023. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on IntelliPharmaCeutics International and its competitors.
Is IntelliPharmaCeutics International's Return-on-Tangible-Asset too high?
IntelliPharmaCeutics International's current Return-on-Tangible-Asset is -457.80%. Overall, IntelliPharmaCeutics International has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does IntelliPharmaCeutics International's Return-on-Tangible-Asset compare to CHRO and KTTA?
IntelliPharmaCeutics International's Return-on-Tangible-Asset of -457.80% can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Return-on-Tangible-Asset depends on the Biotechnology 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 IntelliPharmaCeutics International and its competitors. IntelliPharmaCeutics International's current Return-on-Tangible-Asset is -457.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IntelliPharmaCeutics International stock overvalued right now?
IntelliPharmaCeutics International (IPCIQ) has a current Return-on-Tangible-Asset of -457.80%. The current Return-on-Tangible-Asset is -457.80%. IntelliPharmaCeutics International's overall GF Score™ is 16/100. 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 IntelliPharmaCeutics International (IPCIQ), the current Return-on-Tangible-Asset is -457.80% as of Aug. 2023. 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.

IntelliPharmaCeutics International Business Description

Address 30 Worcester Road, Toronto, ON, CAN, M9W 5X2
IntelliPharmaCeutics International Inc is a pharmaceutical company specializing in the research, development and manufacture of novel and generic controlled-release and targeted-release oral solid dosage drugs. The company's patented Hypermatrix technology is a multidimensional controlled-release drug delivery platform that can be applied to a wide range of existing and new pharmaceuticals. It has developed several drug delivery systems based on this technology platform, with a pipeline of products in various stages of development. The company has ANDA and NDA 505(b)(2) drug product candidates in its development pipeline.
16GF Score

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