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ISPR (Ispire Technology) Return-on-Tangible-Asset : -35.66% (As of Mar. 2025)


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What is Ispire Technology 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. Ispire Technology's annualized Net Income for the quarter that ended in Mar. 2025 was $-43.4 Mil. Ispire Technology's average total tangible assets for the quarter that ended in Mar. 2025 was $121.8 Mil. Therefore, Ispire Technology's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was -35.66%.

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

ISPR' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -23.34   Med: -4.11   Max: 3.13
Current: -23.34

During the past 4 years, Ispire Technology's highest Return-on-Tangible-Asset was 3.13%. The lowest was -23.34%. And the median was -4.11%.

ISPR's Return-on-Tangible-Asset is ranked worse than
81.63% of 49 companies
in the Tobacco Products industry
Industry Median: 8.42 vs ISPR: -23.34

Ispire Technology Return-on-Tangible-Asset Historical Data

The historical data trend for Ispire Technology'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.

Ispire Technology Return-on-Tangible-Asset Chart

Ispire Technology Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Return-on-Tangible-Asset
3.13 -1.93 -6.28 -13.95

Ispire Technology Quarterly Data
Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -24.06 -12.29 -18.03 -24.91 -35.66

Competitive Comparison of Ispire Technology's Return-on-Tangible-Asset

For the Tobacco subindustry, Ispire Technology'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.


Ispire Technology's Return-on-Tangible-Asset Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Ispire Technology's Return-on-Tangible-Asset distribution charts can be found below:

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


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Ispire Technology Return-on-Tangible-Asset Calculation

Ispire Technology's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=-14.768/( (90.396+121.265)/ 2 )
=-14.768/105.8305
=-13.95 %

Ispire Technology's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=-43.424/( (129.922+113.629)/ 2 )
=-43.424/121.7755
=-35.66 %

* 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. 2025) net income data.


Ispire Technology  (NAS:ISPR) 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.


Ispire Technology Return-on-Tangible-Asset Related Terms

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


Ispire Technology Business Description

Traded in Other Exchanges
N/A
Address
19700 Magellan Drive, Los Angeles, CA, USA, 90502
Ispire Technology Inc is engaged in the research and development, design, commercialization, sales, marketing, and distribution of branded e-cigarettes and cannabis vaping products. The company sells its cannabis vaping in the United States, Europe, Canada, and South Africa.
Executives
Daniel J. Machock officer: Chief Financial Officer 19700 MAGELLAN DRIVE, LOS ANGELESC CA 90502
Christopher Robert Burch director 19700 MAGELLAN DRIVE, LOS ANGELES CA 90502
Jeffrey Doiron officer: Chief Revenue Officer 3606 W MAGNOLIA BLVD, BURBANK CA 91505
John Fargis director 2000 S BAYSHORE DR, UNIT 20, MIAMI FL 33133
Joel Paritz director 204 MAIN STREET, FORT LEE NJ 07024
Lauren Stower officer: Chief Impact Officer 19700 MAGELLAN DRIVE, LOS ANGELES CA 90502
Brent Cox director 19700 MAGELLAN DRIVE, LOS ANGELES CA 90502
Ted Rouhani officer: Chief Operating Officer 19700 MAGELLAN DRIVE, LOS ANGELES CA 90502
Michael Xue Wang officer: CHIEF FINANCIAL OFFICER 19700 MAGELLAN DRIVE, LOS ANGELES CA 90502
Tuanfang Liu director, 10 percent owner, officer: CEO and Chairman 19700 MAGELLAN DRIVE, LOS ANGELES CA 90502
Jiangyan Zhu director 19700 MAGELLAN DRIVE, LOS ANGELES CA 90502
Pride Worldwide Investment Ltd 10 percent owner 14 JIANAN ROAD, TANGWEI FUYONG TOWN GUANGDONG PROVINCE, SHENZHEN F4 000000