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Kvix AB (NGM:KVIX) Return-on-Tangible-Asset : 239.31% (As of Mar. 2025)


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What is Kvix AB 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. Kvix AB's annualized Net Income for the quarter that ended in Mar. 2025 was kr8.14 Mil. Kvix AB's average total tangible assets for the quarter that ended in Mar. 2025 was kr3.40 Mil. Therefore, Kvix AB's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 239.31%.

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

NGM:KVIX' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1116.16   Med: -388.98   Max: -57.57
Current: -57.57

During the past 6 years, Kvix AB's highest Return-on-Tangible-Asset was -57.57%. The lowest was -1116.16%. And the median was -388.98%.

NGM:KVIX's Return-on-Tangible-Asset is ranked worse than
87.82% of 2841 companies
in the Software industry
Industry Median: 1.88 vs NGM:KVIX: -57.57

Kvix AB Return-on-Tangible-Asset Historical Data

The historical data trend for Kvix AB'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.

Kvix AB Return-on-Tangible-Asset Chart

Kvix AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial -388.98 -263.60 -221.27 -1,116.16 -536.48

Kvix AB Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -408.33 39.69 -242.11 -1,117.09 239.31

Competitive Comparison of Kvix AB's Return-on-Tangible-Asset

For the Software - Application subindustry, Kvix AB'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.


Kvix AB's Return-on-Tangible-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Kvix AB's Return-on-Tangible-Asset distribution charts can be found below:

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


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Kvix AB Return-on-Tangible-Asset Calculation

Kvix AB's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-3.927/( (0.571+0.893)/ 2 )
=-3.927/0.732
=-536.48 %

Kvix AB's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=8.14/( (0.893+5.91)/ 2 )
=8.14/3.4015
=239.31 %

* 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 four times the quarterly (Mar. 2025) net income data.


Kvix AB  (NGM:KVIX) 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.


Kvix AB Return-on-Tangible-Asset Related Terms

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


Kvix AB Business Description

Industry
Traded in Other Exchanges
N/A
Address
Fredsgatan 17, Umea, SWE, 903 47
Kvix AB is engaged in providing a platform for well-being through exercise - from yoga to strength training, breathing and mindfulness. It assists in finding balance in live workouts with others and monitoring the training journey. It also allows to interact with instructors and get live feedback if the users choose to share their camera image.

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