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ORRCF (Oroco Resource) Return-on-Tangible-Asset : -2.55% (As of Feb. 2025)


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What is Oroco Resource 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. Oroco Resource's annualized Net Income for the quarter that ended in Feb. 2025 was $-1.60 Mil. Oroco Resource's average total tangible assets for the quarter that ended in Feb. 2025 was $62.75 Mil. Therefore, Oroco Resource's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2025 was -2.55%.

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

ORRCF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -50.75   Med: -10.36   Max: 1.04
Current: -3.99

During the past 13 years, Oroco Resource's highest Return-on-Tangible-Asset was 1.04%. The lowest was -50.75%. And the median was -10.36%.

ORRCF's Return-on-Tangible-Asset is ranked better than
71.03% of 2658 companies
in the Metals & Mining industry
Industry Median: -17.345 vs ORRCF: -3.99

Oroco Resource Return-on-Tangible-Asset Historical Data

The historical data trend for Oroco Resource'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.

Oroco Resource Return-on-Tangible-Asset Chart

Oroco Resource Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 -9.76 -11.12 -6.52 -4.06

Oroco Resource Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 -5.04 -4.14 -5.80 -3.42 -2.55

Competitive Comparison of Oroco Resource's Return-on-Tangible-Asset

For the Other Industrial Metals & Mining subindustry, Oroco Resource'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.


Oroco Resource's Return-on-Tangible-Asset Distribution in the Metals & Mining Industry

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

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


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Oroco Resource Return-on-Tangible-Asset Calculation

Oroco Resource's annualized Return-on-Tangible-Asset for the fiscal year that ended in May. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: May. 2024 )  (A: May. 2023 )(A: May. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: May. 2024 )  (A: May. 2023 )(A: May. 2024 )
=-2.462/( (59.227+62.028)/ 2 )
=-2.462/60.6275
=-4.06 %

Oroco Resource's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Feb. 2025 )  (Q: Nov. 2024 )(Q: Feb. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Feb. 2025 )  (Q: Nov. 2024 )(Q: Feb. 2025 )
=-1.6/( (62.929+62.572)/ 2 )
=-1.6/62.7505
=-2.55 %

* 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 (Feb. 2025) net income data.


Oroco Resource  (OTCPK:ORRCF) 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.


Oroco Resource Return-on-Tangible-Asset Related Terms

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


Oroco Resource Business Description

Traded in Other Exchanges
Address
1166 Alberni Street, Suite 1201, Vancouver, BC, CAN, V6E 3Z3
Oroco Resource Corp is an exploration-stage mineral company engaged in acquiring, and developing mineral properties in Mexico with a primary focus on its Xochipala property in Guerrero State, Mexico. The exploration and evaluation assets of the company also consist of the Santo Tomas properties in Sinaloa State and Xochipala & Salvador properties in Guerrero State, Mexico, and others.

Oroco Resource Headlines

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