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. Rosneft Oil Co's annualizedNet Income for the quarter that ended in Dec. 2021 was ₽748,000 Mil. Rosneft Oil Co's average total tangible assets for the quarter that ended in Dec. 2021 was ₽16,199,500 Mil. Therefore, Rosneft Oil Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2021 was 4.62%.
The historical rank and industry rank for Rosneft Oil Co's Return-on-Tangible-Asset or its related term are showing as below:
MIC:ROSN's Return-on-Tangible-Asset is not ranked *
in the Oil & Gas industry.
Industry Median: 1.98 * Ranked among companies with meaningful Return-on-Tangible-Asset only.
Rosneft Oil Co (MIC:ROSN) 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.
Rosneft Oil Co Return-on-Tangible-Asset Related Terms
Rosneft Oil Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Rosneft Oil Co'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.
MIC:ROSN vs XOM, CVX: Return-on-Tangible-Asset Comparison
For the Oil & Gas Integrated subindustry, Rosneft Oil Co'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.
Rosneft Oil Co Return-on-Tangible-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Rosneft Oil Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Rosneft Oil Co'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. 2021) net income data.
What does a Return-on-Tangible-Asset of 4.62% mean?
Rosneft Oil Co (MIC:ROSN) has a Return-on-Tangible-Asset of 4.62% as of Dec. 2021. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Rosneft Oil Co and its competitors.
Is Rosneft Oil Co's Return-on-Tangible-Asset too high?
Rosneft Oil Co's current Return-on-Tangible-Asset is 4.62%. The Oil & Gas industry median Return-on-Tangible-Asset is 1.98. Rosneft Oil Co's value of 4.62% is 133.3% above this industry median. Overall, Rosneft Oil Co has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Rosneft Oil Co's Return-on-Tangible-Asset compare to XOM and CVX?
Rosneft Oil Co's Return-on-Tangible-Asset of 4.62% can be compared against companies in the Oil & Gas industry. The industry median Return-on-Tangible-Asset is 1.98. Rosneft Oil Co's value of 4.62% is 133.3% above this benchmark. 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 1.98, based on 1,024 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. Rosneft Oil Co's current Return-on-Tangible-Asset of 4.62% is 133.3% above the industry median. 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 Rosneft Oil Co and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Asset is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rosneft Oil Co's current Return-on-Tangible-Asset is 4.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rosneft Oil Co stock overvalued right now?
Rosneft Oil Co (MIC:ROSN) has a current Return-on-Tangible-Asset of 4.62%. The current Return-on-Tangible-Asset is 4.62% and 133.3% above the Oil & Gas industry median of 1.98. Rosneft Oil Co's overall GF Score™ is 17/100. 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 Rosneft Oil Co (MIC:ROSN), the current Return-on-Tangible-Asset is 4.62% as of Dec. 2021. 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.
Rosneft Oil Co is an integrated oil and gas company in which the Russian government is a majority shareholder. The company explores, produces, refines, transports, and sells oil and gas. The majority of revenue is generated from its oil segment, where crude and refined products are sold to international and domestic markets. Upstream, Rosneft's exploration and production is concentrated in Central Russia, with other fields throughout the country. The majority of its crude oil is exported to Europe and Asia. Downstream, the company has several refineries across Russia, which sell refined products to European and Russian markets. This includes many of Rosneft's filling stations, where the company captures additional revenue from gasoline and diesel fuel sales.
17GF Score
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