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Cyber Security 1 AB (OSTO:CYB1) Return-on-Tangible-Asset : 0.00% (As of Jun. 2024)


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What is Cyber Security 1 AB 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. Cyber Security 1 AB's annualized Net Income for the quarter that ended in Jun. 2024 was €0.00 Mil. Cyber Security 1 AB's average total tangible assets for the quarter that ended in Jun. 2024 was €21.99 Mil. Therefore, Cyber Security 1 AB's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 was 0.00%.

The historical rank and industry rank for Cyber Security 1 AB's Return-on-Tangible-Asset or its related term are showing as below:

OSTO:CYB1' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -60.36   Med: -15.06   Max: 23.58
Current: -3.63

During the past 10 years, Cyber Security 1 AB's highest Return-on-Tangible-Asset was 23.58%. The lowest was -60.36%. And the median was -15.06%.

OSTO:CYB1's Return-on-Tangible-Asset is ranked worse than
63.85% of 2816 companies
in the Software industry
Industry Median: 1.945 vs OSTO:CYB1: -3.63

Cyber Security 1 AB Return-on-Tangible-Asset Historical Data

The historical data trend for Cyber Security 1 AB'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.

Cyber Security 1 AB Return-on-Tangible-Asset Chart

Cyber Security 1 AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.55 -60.36 23.58 -16.34 -3.64

Cyber Security 1 AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 2.73 -2.70 -17.65 4.93 -

Competitive Comparison of Cyber Security 1 AB's Return-on-Tangible-Asset

For the Software - Infrastructure subindustry, Cyber Security 1 AB'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.


Cyber Security 1 AB's Return-on-Tangible-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Cyber Security 1 AB's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Cyber Security 1 AB's Return-on-Tangible-Asset falls into.



Cyber Security 1 AB Return-on-Tangible-Asset Calculation

Cyber Security 1 AB's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-0.832/( (25.906+19.829)/ 2 )
=-0.832/22.8675
=-3.64 %

Cyber Security 1 AB's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=0/( (19.829+24.146)/ 2 )
=0/21.9875
=0.00 %

* 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 (Jun. 2024) net income data.


Cyber Security 1 AB  (OSTO:CYB1) 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.


Cyber Security 1 AB Return-on-Tangible-Asset Related Terms

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Cyber Security 1 AB Business Description

Traded in Other Exchanges
Address
Box 70396, Stockholm, SWE, 107 24
Cyber Security 1 AB is a Sweden-based company engaged in providing governance, risk, and compliance cybersecurity solutions. It offers payments, communications, networks, and e-commerce security. The operating segments of the firm are Distribution, Advisory Solutions, MSSP/(Managed Services), and others. The majority of the revenue comes from the Advisory Solutions segment which provides services like legal compliance, installation and integration of various cybersecurity system components, and in general, serves as outsourced staff that can be employed as needed, on-demand. Geographically, the company derives a majority of its revenue from Africa and the rest from the Middle East, Europe, and other markets.

Cyber Security 1 AB Headlines

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