GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Oxford Technology Venture Capital Trust PLC (LSE:OT1) » Definitions » Return-on-Tangible-Asset

Oxford Technology Venture Capital Trust (LSE:OT1) Return-on-Tangible-Asset : -35.66% (As of Feb. 2022)


View and export this data going back to 1997. Start your Free Trial

What is Oxford Technology Venture Capital Trust 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. Oxford Technology Venture Capital Trust's annualized Net Income for the quarter that ended in Feb. 2022 was £-0.94 Mil. Oxford Technology Venture Capital Trust's average total tangible assets for the quarter that ended in Feb. 2022 was £2.65 Mil. Therefore, Oxford Technology Venture Capital Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2022 was -35.66%.

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

LSE:OT1's Return-on-Tangible-Asset is not ranked *
in the Asset Management industry.
Industry Median: 3.03
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Oxford Technology Venture Capital Trust Return-on-Tangible-Asset Historical Data

The historical data trend for Oxford Technology Venture Capital Trust'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.

Oxford Technology Venture Capital Trust Return-on-Tangible-Asset Chart

Oxford Technology Venture Capital Trust Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.31 -5.43 -10.25 10.50 -14.97

Oxford Technology Venture Capital Trust Semi-Annual Data
Aug12 Feb13 Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22
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 -20.24 -41.16 61.90 6.37 -35.66

Competitive Comparison of Oxford Technology Venture Capital Trust's Return-on-Tangible-Asset

For the Asset Management subindustry, Oxford Technology Venture Capital Trust'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.


Oxford Technology Venture Capital Trust's Return-on-Tangible-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Oxford Technology Venture Capital Trust's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Oxford Technology Venture Capital Trust's Return-on-Tangible-Asset falls into.



Oxford Technology Venture Capital Trust Return-on-Tangible-Asset Calculation

Oxford Technology Venture Capital Trust's annualized Return-on-Tangible-Asset for the fiscal year that ended in Feb. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Feb. 2022 )  (A: Feb. 2021 )(A: Feb. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Feb. 2022 )  (A: Feb. 2021 )(A: Feb. 2022 )
=-0.382/( (2.731+2.373)/ 2 )
=-0.382/2.552
=-14.97 %

Oxford Technology Venture Capital Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Feb. 2022 )  (Q: Aug. 2021 )(Q: Feb. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Feb. 2022 )  (Q: Aug. 2021 )(Q: Feb. 2022 )
=-0.944/( (2.921+2.373)/ 2 )
=-0.944/2.647
=-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 two times the semi-annual (Feb. 2022) net income data.


Oxford Technology Venture Capital Trust  (LSE:OT1) 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.


Oxford Technology Venture Capital Trust Return-on-Tangible-Asset Related Terms

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


Oxford Technology Venture Capital Trust (LSE:OT1) Business Description

Traded in Other Exchanges
N/A
Address
Magdalen Centre, OT1 Managers Ltd, Oxford Science Park, Oxford, GBR, OX4 4GA
Oxford Technology Venture Capital Trust PLC is a part of the financial service sector. The company is a venture capital trust with a primary focus on smaller companies in the United Kingdom. Oxford's investment policy lends highly attractive but risk-associated returns.

Oxford Technology Venture Capital Trust (LSE:OT1) Headlines

No Headlines