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. Jaguar Health's annualizedNet Income for the quarter that ended in Dec. 2024 was $-39.68 Mil. Jaguar Health's average total tangible assets for the quarter that ended in Dec. 2024 was $37.23 Mil. Therefore, Jaguar Health's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was -106.57%.
The historical rank and industry rank for Jaguar Health's Return-on-Tangible-Asset or its related term are showing as below:
JAGX'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -511.86 Med: -203.91 Max: -105.21
Current: -105.21
During the past 12 years, Jaguar Health's highest Return-on-Tangible-Asset was -105.21%. The lowest was -511.86%. And the median was -203.91%.
JAGX's Return-on-Tangible-Asset is ranked worse than 79.37% of 1498
companies
in the Biotechnology industry
Industry Median: -37.455
vs JAGX: -105.21
Jaguar Health Return-on-Tangible-Asset Historical Data
The historical data trend for Jaguar Health'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.
Competitive Comparison of Jaguar Health's Return-on-Tangible-Asset
For the Biotechnology subindustry, Jaguar Health'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.
Jaguar Health's Return-on-Tangible-Asset Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Jaguar Health's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Jaguar Health'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 (Dec. 2024) net income data.
Jaguar Health (NAS:JAGX) 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.
Jaguar Health Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Jaguar Health's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Jaguar Health Inc is a commercial-stage pharmaceuticals company focused on developing novel, plant-based, non-opioid, and sustainably derived prescription medicines for people and animals with GI distress, specifically chronic, debilitating diarrhea. Its product Mytesi is a novel, first-in-class anti-secretory agent which has a basic normalizing effect locally on the gut, and this mechanism of action has the potential to benefit multiple disorders. It has two reportable segments namely human health and animal health. The company generates the majority of its revenue from the Human Health segment.
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