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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. Kodiak Energy's annualizedNet Income for the quarter that ended in Sep. 2011 was $-4.27 Mil. Kodiak Energy's average total tangible assets for the quarter that ended in Sep. 2011 was $33.33 Mil. Therefore, Kodiak Energy's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2011 was -12.82%.
The historical rank and industry rank for Kodiak Energy's Return-on-Tangible-Asset or its related term are showing as below:
KDKN's Return-on-Tangible-Asset is not ranked *
in the Oil & Gas industry.
Industry Median: 1.99 * Ranked among companies with meaningful Return-on-Tangible-Asset only.
Kodiak Energy (OTCPK:KDKN) 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.
Kodiak Energy Return-on-Tangible-Asset Related Terms
Kodiak Energy Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Kodiak Energy'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.
KDKN vs CPPXF, PVAHQ: Return-on-Tangible-Asset Comparison
For the Oil & Gas E&P subindustry, Kodiak Energy'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.
Kodiak Energy Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Kodiak Energy's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Kodiak Energy'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 (Sep. 2011) net income data.
What does a Return-on-Tangible-Asset of -12.82% mean?
Kodiak Energy (KDKN) has a Return-on-Tangible-Asset of -12.82% as of Sep. 2011. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Kodiak Energy and its competitors.
Is Kodiak Energy's Return-on-Tangible-Asset too high?
Kodiak Energy's current Return-on-Tangible-Asset is -12.82%.
How does Kodiak Energy's Return-on-Tangible-Asset compare to CPPXF and PVAHQ?
Kodiak Energy's Return-on-Tangible-Asset of -12.82% can be compared against companies in the Oil & Gas industry. The industry median Return-on-Tangible-Asset is 1.99. 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 an Oil & Gas company?
The median Return-on-Tangible-Asset among Oil & Gas companies is 1.99, based on 1,027 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. 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 Kodiak Energy and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 1.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kodiak Energy's current Return-on-Tangible-Asset is -12.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kodiak Energy stock overvalued right now?
Kodiak Energy (KDKN) has a current Return-on-Tangible-Asset of -12.82%. The current Return-on-Tangible-Asset is -12.82%. 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 Kodiak Energy (KDKN), the current Return-on-Tangible-Asset is -12.82% as of Sep. 2011. 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.
Kodiak Energy Inc is an exploration stage oil and gas company that devotes its efforts in exploring for natural resources and in acquiring properties that are prospective for petroleum and natural gas and related hydrocarbons.
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