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Cushing NextGen Infrastructureome FundNXG -1.86%31 Return-on-Tangible-Asset is 27.05% as of Nov. 2025, which is 408% above its 10-year median of 5.32. GuruFocus rates NXG with a GF Score™ of 31/100. The stock has 10 warning signs investors should review. Among 1,633 Asset Management companies, Cushing NextGen Infrastructureome Fund ranks better than 76.91% on this metric.
NXG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -16.75 Med: 5.32 Max: 32.57
Current: 13.01
During the past 9 years, Cushing NextGen Infrastructureome Fund's highest Return-on-Tangible-Asset was 32.57%. The lowest was -16.75%. And the median was 5.32%.
NXG's Return-on-Tangible-Asset is ranked better than 76.91% of 1633
companies
in the Asset Management industry
Industry Median: 4.25
vs NXG: 13.01
Cushing NextGen Infrastructureome Fund (NYSE:NXG) 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.
Cushing NextGen Infrastructureome Fund Return-on-Tangible-Asset Related Terms
Cushing NextGen Infrastructureome Fund Return-on-Tangible-Asset Historical Data
* 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.
Cushing NextGen Infrastructureome Fund Return-on-Tangible-Asset Chart
Cushing NextGen Infrastructureome Fund Annual Data
NXG vs ASG, ZTR, HPF: Return-on-Tangible-Asset Comparison
For the Asset Management subindustry, Cushing NextGen Infrastructureome Fund'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.
Cushing NextGen Infrastructureome Fund Return-on-Tangible-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Cushing NextGen Infrastructureome Fund's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Cushing NextGen Infrastructureome Fund'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 two times the semi-annual (Nov. 2025) net income data.
What does a Return-on-Tangible-Asset of 27.05% mean?
Cushing NextGen Infrastructureome Fund (NXG) has a Return-on-Tangible-Asset of 27.05% as of Nov. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Cushing NextGen Infrastructureome Fund and its competitors. This is 408% above median its historical median of 5.32. According to the industry distribution chart, Cushing NextGen Infrastructureome Fund ranks #377 out of 1633 companies in the Asset Management industry, placing it in the top 23.1%.
Is Cushing NextGen Infrastructureome Fund's Return-on-Tangible-Asset too high?
Cushing NextGen Infrastructureome Fund's current Return-on-Tangible-Asset of 27.05% is 408% above median its 10-year median of 5.32. The Asset Management industry median Return-on-Tangible-Asset is 4.25. Cushing NextGen Infrastructureome Fund's value of 27.05% is 536.5% above this industry median. Based on the distribution chart, Cushing NextGen Infrastructureome Fund ranks #377 out of 1633 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Cushing NextGen Infrastructureome Fund has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Cushing NextGen Infrastructureome Fund's Return-on-Tangible-Asset compare to ASG and ZTR?
According to the Asset Management industry distribution chart, Cushing NextGen Infrastructureome Fund ranks #377 out of 1633 companies for Return-on-Tangible-Asset. This places Cushing NextGen Infrastructureome Fund in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 4.25. Cushing NextGen Infrastructureome Fund's value of 27.05% is 536.5% above this benchmark. While the company's 10-year median is 5.32 vs. the industry median of 4.25, Cushing NextGen Infrastructureome Fund has consistently been above the industry average. 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 Asset Management company?
The median Return-on-Tangible-Asset among Asset Management companies is 4.25, based on 1,633 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. Cushing NextGen Infrastructureome Fund's current Return-on-Tangible-Asset of 27.05% is 536.5% 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 Cushing NextGen Infrastructureome Fund and its competitors. For the Asset Management industry, the median Return-on-Tangible-Asset is 4.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cushing NextGen Infrastructureome Fund's current Return-on-Tangible-Asset is 27.05%, which is 408% above median its own 10-year median of 5.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cushing NextGen Infrastructureome Fund stock overvalued right now?
Cushing NextGen Infrastructureome Fund (NXG) has a current Return-on-Tangible-Asset of 27.05%. The current Return-on-Tangible-Asset is 27.05%, which is 408% above median its 10-year median of 5.32 and 536.5% above the Asset Management industry median of 4.25. Cushing NextGen Infrastructureome Fund's overall GF Score™ is 31/100 with 10 warning signs 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 Cushing NextGen Infrastructureome Fund (NXG), the current Return-on-Tangible-Asset is 27.05% as of Nov. 2025. 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.
Cushing NextGen Infrastructureome Fund Business Description
Cushing NextGen Infrastructure Income Fund is a closed-end management investment company. Its investment objective is to seek a high total return with an emphasis on current income. The fund invests at least 80% of its net assets in a portfolio of equity and debt securities of infrastructure companies, including energy infrastructure companies, industrial infrastructure companies, sustainable infrastructure companies and technology and communication infrastructure companies.
31GF Score
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