NHAWF (North Arrow Minerals) Return-on-Tangible-Asset: -4.68% (As of Jan. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NHAWF North Arrow Minerals Inc NHAWF
22 GF Score
Price $0.14
! 1 Warning Sign
View Full Analysis

What is North Arrow Minerals Return-on-Tangible-Asset?

North Arrow Minerals NHAWF 22 Return-on-Tangible-Asset is -4.68% as of Jan. 2026. GuruFocus rates NHAWF with a GF Score™ of 22/100. The stock has 1 warning sign investors should review. Among 2,664 Metals & Mining companies, North Arrow Minerals ranks better than 66.29% on this metric.

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. North Arrow Minerals's annualized Net Income for the quarter that ended in Jan. 2026 was $-0.62 Mil. North Arrow Minerals's average total tangible assets for the quarter that ended in Jan. 2026 was $13.26 Mil. Therefore, North Arrow Minerals's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2026 was -4.68%.

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

NHAWF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -29.3   Med: -5.79   Max: -3.1
Current: -5.28

During the past 13 years, North Arrow Minerals's highest Return-on-Tangible-Asset was -3.10%. The lowest was -29.30%. And the median was -5.79%.

NHAWF's Return-on-Tangible-Asset is ranked better than
66.29% of 2664 companies
in the Metals & Mining industry
Industry Median: -17.41 vs NHAWF: -5.28

North Arrow Minerals  (OTCPK:NHAWF) 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.


North Arrow Minerals Return-on-Tangible-Asset Related Terms


North Arrow Minerals Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for North Arrow Minerals'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.

North Arrow Minerals Return-on-Tangible-Asset Chart

North Arrow Minerals Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.28 -8.30 -22.52 -5.29 -3.39

North Arrow Minerals Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 -20.69 -12.35 -0.06 -4.09 -4.68

NHAWF vs HL: Return-on-Tangible-Asset Comparison

For the Other Precious Metals & Mining subindustry, North Arrow Minerals'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.


North Arrow Minerals Return-on-Tangible-Asset vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, North Arrow Minerals's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where North Arrow Minerals's Return-on-Tangible-Asset falls into.


NHAWF
22GF Score
North Arrow Minerals Inc NHAWF
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

North Arrow Minerals Return-on-Tangible-Asset Calculation

North Arrow Minerals's annualized Return-on-Tangible-Asset for the fiscal year that ended in Apr. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Apr. 2025 )  (A: Apr. 2024 )(A: Apr. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Apr. 2025 )  (A: Apr. 2024 )(A: Apr. 2025 )
=-0.448/( (13.091+13.307)/ 2 )
=-0.448/13.199
=-3.39 %

North Arrow Minerals's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2026 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jan. 2026 )  (Q: Oct. 2025 )(Q: Jan. 2026 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jan. 2026 )  (Q: Oct. 2025 )(Q: Jan. 2026 )
=-0.62/( (13.178+13.335)/ 2 )
=-0.62/13.2565
=-4.68 %

* 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 (Jan. 2026) net income data.

What does a Return-on-Tangible-Asset of -4.68% mean?
North Arrow Minerals (NHAWF) has a Return-on-Tangible-Asset of -4.68% as of Jan. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on North Arrow Minerals and its competitors. According to the industry distribution chart, North Arrow Minerals ranks #898 out of 2664 companies in the Metals & Mining industry, placing it in the top 33.7%.
Is North Arrow Minerals' Return-on-Tangible-Asset too high?
North Arrow Minerals' current Return-on-Tangible-Asset is -4.68%. Based on the distribution chart, North Arrow Minerals ranks #898 out of 2664 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, North Arrow Minerals has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does North Arrow Minerals' Return-on-Tangible-Asset compare to HL?
According to the Metals & Mining industry distribution chart, North Arrow Minerals ranks #898 out of 2664 companies for Return-on-Tangible-Asset. This puts North Arrow Minerals in the upper half of its industry. 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 a Metals & Mining company?
A good Return-on-Tangible-Asset depends on the Metals & Mining industry context. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 North Arrow Minerals and its competitors. North Arrow Minerals's current Return-on-Tangible-Asset is -4.68%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Arrow Minerals stock overvalued right now?
North Arrow Minerals (NHAWF) has a current Return-on-Tangible-Asset of -4.68%. The current Return-on-Tangible-Asset is -4.68%. North Arrow Minerals' overall GF Score™ is 22/100 with 1 warning sign to review. 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 North Arrow Minerals (NHAWF), the current Return-on-Tangible-Asset is -4.68% as of Jan. 2026. 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.

North Arrow Minerals Business Description

Other Exchanges 9TB:GermanyNAR:Canada
Address 409 Granville Street, Suite 1056, Vancouver, BC, CAN, V6C 1H2
North Arrow Minerals Inc is engaged in the acquisition and exploration of exploration and evaluation assets. The Company's business consists of a single operating segment, the acquisition and exploration of mineral properties. Its exploration projects include Kraaipan, Naujaat, Pikoo, and Loki. Geographically, the company operates only in Canada.
22GF Score

Get the complete analysis for NHAWF

Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.14
Price