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NWCCF (Northwest Copper) Return-on-Tangible-Asset : -2.65% (As of Mar. 2025)


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What is Northwest Copper 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. Northwest Copper's annualized Net Income for the quarter that ended in Mar. 2025 was $-1.48 Mil. Northwest Copper's average total tangible assets for the quarter that ended in Mar. 2025 was $56.02 Mil. Therefore, Northwest Copper's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was -2.65%.

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

NWCCF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -45.66   Med: -6.84   Max: 0.93
Current: -4.44

During the past 13 years, Northwest Copper's highest Return-on-Tangible-Asset was 0.93%. The lowest was -45.66%. And the median was -6.84%.

NWCCF's Return-on-Tangible-Asset is ranked better than
69.83% of 2652 companies
in the Metals & Mining industry
Industry Median: -17.265 vs NWCCF: -4.44

Northwest Copper Return-on-Tangible-Asset Historical Data

The historical data trend for Northwest Copper'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.

Northwest Copper Return-on-Tangible-Asset Chart

Northwest Copper Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.60 -16.69 -45.24 -9.15 -4.44

Northwest Copper Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 Jun21 Sep21 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 Premium Member Only -3.07 -3.77 -6.00 -5.16 -2.65

Competitive Comparison of Northwest Copper's Return-on-Tangible-Asset

For the Other Industrial Metals & Mining subindustry, Northwest Copper'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.


Northwest Copper's Return-on-Tangible-Asset Distribution in the Metals & Mining Industry

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

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


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Northwest Copper Return-on-Tangible-Asset Calculation

Northwest Copper'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 )
=-2.591/( (60.432+56.334)/ 2 )
=-2.591/58.383
=-4.44 %

Northwest Copper'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 )
=-1.484/( (56.334+55.704)/ 2 )
=-1.484/56.019
=-2.65 %

* 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.


Northwest Copper  (OTCPK:NWCCF) 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.


Northwest Copper Return-on-Tangible-Asset Related Terms

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


Northwest Copper Business Description

Traded in Other Exchanges
Address
RPO Kingsgate, PO Box 95010, Vancouver, BC, CAN, V5T 4T8
Northwest Copper Corp is engaged in the acquisition and exploration of mineral properties in Canada. It is a copper-gold explorer with a pipeline of various projects in different stages located in British Columbia. The company's project portfolio comprises the East Niv, Kwanika-Stardust, Lorraine-Top Cat, and the Milligan West properties. It also holds ownership interests in several other properties located in British Columbia, including the Arjay, Tchentlo, UDS, and Croy-Bloom properties.