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NFSCF (Enphys Acquisition) Return-on-Tangible-Asset : 7.73% (As of Jun. 2024)


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What is Enphys Acquisition 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. Enphys Acquisition's annualized Net Income for the quarter that ended in Jun. 2024 was $4.14 Mil. Enphys Acquisition's average total tangible assets for the quarter that ended in Jun. 2024 was $53.49 Mil. Therefore, Enphys Acquisition's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 was 7.73%.

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

NFSCF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.02   Med: 5.29   Max: 6.32
Current: 4.02

During the past 3 years, Enphys Acquisition's highest Return-on-Tangible-Asset was 6.32%. The lowest was 4.02%. And the median was 5.29%.

NFSCF's Return-on-Tangible-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: -0.22 vs NFSCF: 4.02

Enphys Acquisition Return-on-Tangible-Asset Historical Data

The historical data trend for Enphys Acquisition'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.

Enphys Acquisition Return-on-Tangible-Asset Chart

Enphys Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Return-on-Tangible-Asset
- 4.25 6.32

Enphys Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 6.50 4.36 3.42 2.48 7.73

Competitive Comparison of Enphys Acquisition's Return-on-Tangible-Asset

For the Shell Companies subindustry, Enphys Acquisition'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.


Enphys Acquisition's Return-on-Tangible-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Enphys Acquisition's Return-on-Tangible-Asset distribution charts can be found below:

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


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Enphys Acquisition Return-on-Tangible-Asset Calculation

Enphys Acquisition's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=14.532/( (350.642+109.057)/ 2 )
=14.532/229.8495
=6.32 %

Enphys Acquisition's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=4.136/( (68.056+38.922)/ 2 )
=4.136/53.489
=7.73 %

* 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 (Jun. 2024) net income data.


Enphys Acquisition  (OTCPK:NFSCF) 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.


Enphys Acquisition Return-on-Tangible-Asset Related Terms

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Enphys Acquisition Business Description

Traded in Other Exchanges
N/A
Address
100 Wall Street, 20th Floor, New York, NY, USA, 10005
Enphys Acquisition Corp is a blank check company.
Executives
Carlos N. Guimaraes other: Director Nominee 555 MADISON AVENUE, SUITE 11A, NEW YORK NY 10022
Helio L. Magalhaes other: Director Nominee 10 E 53RD ST., NEW YORK NY 10022
Pablo Jorge De director, 10 percent owner, officer: Chief Executive Officer 56 BELL STREET, MARYLEBONE, LONDON X0 NW1 5DA
Bueno Jose Antonio Aguilar other: Director Nominee PASEO DE LOS TAMARINDOS 400 B SUITE 101, COL. BOSQUES DE LAS LOMAS, MEXICO CITY O5 CDMX 05120
Bujan Matias De officer: Chief Operating Officer AV. GELLY Y OBES 2207, 2DO PISO, BUENOS AIRES C1 1425
Federico Carrillo-zurcher other: Director Nominee PLAZA ARAGON 2, PLISO 9A, ZARAGOZA U3 50004
Par Arne Lindstrom director, officer: Chief Financal Officer 1149 3RD STREET, SUITE 300, SANTA MONICA CA 90403
Enphys Acquisition Sponsor Llc 10 percent owner 216 EAST 45TH STREET, 13TH FLOOR, NEW YORK NY 10017
Eva Redhe other: Director Nominee GUMSHORNSGATAN 7, STOCKHOLM V7 11460

Enphys Acquisition Headlines

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