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Augmentum Fintech (LSE:AUGM) Return-on-Tangible-Asset : -4.31% (As of Sep. 2024)


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What is Augmentum Fintech 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. Augmentum Fintech's annualized Net Income for the quarter that ended in Sep. 2024 was £-12.94 Mil. Augmentum Fintech's average total tangible assets for the quarter that ended in Sep. 2024 was £300.21 Mil. Therefore, Augmentum Fintech's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 was -4.31%.

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

LSE:AUGM' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.64   Med: 6.45   Max: 24.06
Current: 2.16

During the past 6 years, Augmentum Fintech's highest Return-on-Tangible-Asset was 24.06%. The lowest was 1.64%. And the median was 6.45%.

LSE:AUGM's Return-on-Tangible-Asset is ranked worse than
62.64% of 1689 companies
in the Asset Management industry
Industry Median: 4.72 vs LSE:AUGM: 2.16

Augmentum Fintech Return-on-Tangible-Asset Historical Data

The historical data trend for Augmentum Fintech'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.

Augmentum Fintech Return-on-Tangible-Asset Chart

Augmentum Fintech Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Asset
Get a 7-Day Free Trial 6.45 11.91 24.06 1.64 4.60

Augmentum Fintech Semi-Annual Data
Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.70 4.02 0.61 8.63 -4.31

Competitive Comparison of Augmentum Fintech's Return-on-Tangible-Asset

For the Asset Management subindustry, Augmentum Fintech'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.


Augmentum Fintech's Return-on-Tangible-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Augmentum Fintech's Return-on-Tangible-Asset distribution charts can be found below:

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


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Augmentum Fintech Return-on-Tangible-Asset Calculation

Augmentum Fintech's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=13.802/( (295.75+304.49)/ 2 )
=13.802/300.12
=4.60 %

Augmentum Fintech's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=-12.944/( (304.49+295.939)/ 2 )
=-12.944/300.2145
=-4.31 %

* 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 two times the semi-annual (Sep. 2024) net income data.


Augmentum Fintech  (LSE:AUGM) 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.


Augmentum Fintech Return-on-Tangible-Asset Related Terms

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Augmentum Fintech Business Description

Traded in Other Exchanges
N/A
Address
25 Southampton Buildings, London, GBR, WC2A 1AL
Augmentum Fintech PLC is a closed-ended investment company, which invests in companies located in the UK. The company's investment objective is to generate capital growth over the long term through investment in a portfolio of fast-growing and/or high-potential private financial services technology businesses. It invests in early-stage high-growth fintech businesses in the banking, insurance and asset management sectors.

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