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General Capital (NZSE:GEN) Return-on-Tangible-Asset : 1.24% (As of Mar. 2025)


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What is General Capital 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. General Capital's annualized Net Income for the quarter that ended in Mar. 2025 was NZ$2.47 Mil. General Capital's average total tangible assets for the quarter that ended in Mar. 2025 was NZ$199.17 Mil. Therefore, General Capital's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 1.24%.

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

NZSE:GEN' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -47.48   Med: 0.21   Max: 1.51
Current: 1.51

During the past 13 years, General Capital's highest Return-on-Tangible-Asset was 1.51%. The lowest was -47.48%. And the median was 0.21%.

NZSE:GEN's Return-on-Tangible-Asset is ranked better than
78.14% of 1583 companies
in the Banks industry
Industry Median: 0.9 vs NZSE:GEN: 1.51

General Capital Return-on-Tangible-Asset Historical Data

The historical data trend for General Capital'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.

General Capital Return-on-Tangible-Asset Chart

General Capital Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 1.11 1.21 1.27 1.50

General Capital Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 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 1.29 1.22 1.91 1.82 1.24

Competitive Comparison of General Capital's Return-on-Tangible-Asset

For the Mortgage Finance subindustry, General Capital'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.


General Capital's Return-on-Tangible-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, General Capital's Return-on-Tangible-Asset distribution charts can be found below:

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


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General Capital Return-on-Tangible-Asset Calculation

General Capital's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=2.806/( (160.862+213.361)/ 2 )
=2.806/187.1115
=1.50 %

General Capital'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: Sep. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Sep. 2024 )(Q: Mar. 2025 )
=2.468/( (184.982+213.361)/ 2 )
=2.468/199.1715
=1.24 %

* 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 (Mar. 2025) net income data.


General Capital  (NZSE:GEN) 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.


General Capital Return-on-Tangible-Asset Related Terms

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General Capital Business Description

Traded in Other Exchanges
N/A
Address
115 Queen Street, Level 8, General Capital House, Auckland, NTL, NZL, 1010
General Capital Ltd through its subsidiaries engaged in providing financial services. The company accepts deposits and also lends funds to borrowers over residential property. It operates through three segments Finance: Deposit taking and short-term property mortgage lending, Research and Advisory: Provides investment advisory services and produces and sells investment research and publications. Corporate and Other: Corporate function and investment activities. The Finance segment generates the majority of revenue for the company.