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PFDRU (Pathfinder Acquisition) Return-on-Tangible-Asset : 7.63% (As of Sep. 2022)


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What is Pathfinder Acquisition 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. Pathfinder Acquisition's annualized Net Income for the quarter that ended in Sep. 2022 was $24.89 Mil. Pathfinder Acquisition's average total tangible assets for the quarter that ended in Sep. 2022 was $326.24 Mil. Therefore, Pathfinder Acquisition's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2022 was 7.63%.

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

PFDRU' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 4.33   Med: 4.89   Max: 4.89
Current: 4.33

During the past 2 years, Pathfinder Acquisition's highest Return-on-Tangible-Asset was 4.89%. The lowest was 4.33%. And the median was 4.89%.

PFDRU's Return-on-Tangible-Asset is not ranked
in the Diversified Financial Services industry.
Industry Median: -0.59 vs PFDRU: 4.33

Pathfinder Acquisition Return-on-Tangible-Asset Historical Data

The historical data trend for Pathfinder Acquisition'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.

Pathfinder Acquisition Return-on-Tangible-Asset Chart

Pathfinder Acquisition Annual Data
Trend Dec20 Dec21
Return-on-Tangible-Asset
- 4.89

Pathfinder Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Return-on-Tangible-Asset Get a 7-Day Free Trial 0.82 4.04 2.59 3.07 7.63

Competitive Comparison of Pathfinder Acquisition's Return-on-Tangible-Asset

For the Shell Companies subindustry, Pathfinder Acquisition'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.


Pathfinder Acquisition's Return-on-Tangible-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Pathfinder Acquisition's Return-on-Tangible-Asset distribution charts can be found below:

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


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Pathfinder Acquisition Return-on-Tangible-Asset Calculation

Pathfinder Acquisition's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2021 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=7.973/( (0.042+325.763)/ 2 )
=7.973/162.9025
=4.89 %

Pathfinder Acquisition's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2022 )  (Q: Jun. 2022 )(Q: Sep. 2022 )
=24.892/( (325.839+326.65)/ 2 )
=24.892/326.2445
=7.63 %

* 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 (Sep. 2022) net income data.


Pathfinder Acquisition  (NAS:PFDRU) 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.


Pathfinder Acquisition Return-on-Tangible-Asset Related Terms

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


Pathfinder Acquisition Business Description

Traded in Other Exchanges
N/A
Address
1950 University Avenue, Suite 350, Palo Alto, CA, USA, 94303
Pathfinder Acquisition Corp is a blank check company.
Executives
Steven Walske director C/O PARAMETRIC TECHNOLOGY CORP, 128 TECHNOLOGY DR, WALTHAM MA 02154
Chung David H S director, 10 percent owner, officer: Chief Executive Officer 10900 NE 8TH STREET, SUITE 800, BELLEVUE WA 98004
Omar Johnson director 1950 UNIVERSITY AVENUE, SUITE 350, PALO ALTO CA 94303
Weiskopf Paul director 600 WEST CALIFORNIA AVENUE, SUNNYVALE CA 94086
Johan D. Swildens director, 10 percent owner 750 BATTERY STREET, 7TH FLOOR, SAN FRANCISCO CA 94111
Industry Ventures Tech Buyout, Lp 10 percent owner 30 HOTALING PLACE, 3RD FLOOR, SAN FRANCISCO CA 94111
Pathfinder Acquisition Llc 10 percent owner 1950 UNIVERSITY AVENUE, PALO ALTO CA 94303
Jon Steven Young director, 10 percent owner 1950 UNIVERSITY AVENUE, SUITE 350, PALO ALTO CA 94303
Lance Taylor 10 percent owner, officer: Chief Financial Officer 1950 UNIVERSITY AVENUE, PALO ALTO CA 94303
Lindsay Sharma director, 10 percent owner, officer: Chief Investment Officer 1950 UNIVERSITY AVENUE, PALO ALTO CA 94303
Richard Franklin Lawson director, 10 percent owner, officer: Chairman of Board of Directors 1950 UNIVERSITY AVENUE, SUITE 350, PALO ALTO CA 94303
Hggc Pathfinder Holdings I, Llc 10 percent owner 1950 UNIVERSITY AVENUE, SUITE 350, PALO ALTO CA 94303
Arrowhead Holdings, Llc / New 10 percent owner 1950 UNIVERSITY AVENUE, SUITE 350, PALO ALTO CA 94303
Iv Tech Buyout Gp, Llc 10 percent owner 1950 UNIVERSITY AVENUE, SUITE 350, PALO ALTO CA 94303

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