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PHIL (PHI Group) Return-on-Tangible-Asset : -5,453.16% (As of Sep. 2024)


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What is PHI Group 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. PHI Group's annualized Net Income for the quarter that ended in Sep. 2024 was $-4.31 Mil. PHI Group's average total tangible assets for the quarter that ended in Sep. 2024 was $0.08 Mil. Therefore, PHI Group's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 was -5,453.16%.

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

PHIL' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4257.14   Med: -262.62   Max: -1.33
Current: -4047.68

During the past 13 years, PHI Group's highest Return-on-Tangible-Asset was -1.33%. The lowest was -4257.14%. And the median was -262.62%.

PHIL's Return-on-Tangible-Asset is ranked worse than
99.87% of 799 companies
in the Capital Markets industry
Industry Median: 1.63 vs PHIL: -4047.68

PHI Group Return-on-Tangible-Asset Historical Data

The historical data trend for PHI Group'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.

PHI Group Return-on-Tangible-Asset Chart

PHI Group Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -170.69 -940.85 -3,026.32 -1,468.32 -4,257.14

PHI Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -4,181.82 -2,970.93 -3,976.47 -5,816.13 -5,453.16

Competitive Comparison of PHI Group's Return-on-Tangible-Asset

For the Capital Markets subindustry, PHI Group'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.


PHI Group's Return-on-Tangible-Asset Distribution in the Capital Markets Industry

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

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



PHI Group Return-on-Tangible-Asset Calculation

PHI Group's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=-8.195/( (0.294+0.091)/ 2 )
=-8.195/0.1925
=-4,257.14 %

PHI Group's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Jun. 2024 )(Q: Sep. 2024 )
=-4.308/( (0.091+0.067)/ 2 )
=-4.308/0.079
=-5,453.16 %

* 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. 2024) net income data.


PHI Group  (OTCPK:PHIL) 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.


PHI Group Return-on-Tangible-Asset Related Terms

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


PHI Group Business Description

Traded in Other Exchanges
Address
17011 Beach Boulevard, Suite 900, Huntington Beach, CA, USA, 92647
PHI Group Inc is part of the financial services industry. Its primary scope of business is mergers and acquisitions. Its M&A advisory and consulting services include strategic and transaction advisory and consulting services related to acquisitions and divestitures. It advises and consults with buyers and sellers of businesses, provides corporate restructuring and turnaround management services, and delivers post-closing value enhancement services.
Executives
Henry Fahman director, 10 percent owner, officer: President/CEO 17011 BEACH BLVD, SUITE 1230, HUNTINGTON BEACH CA 92647
Tina T Phan director, officer: SECRETARY/TREASURER 17011 BEACH BLVD, SUITE 1230, HUNTINGTON BEACH CA 92647
Providential Holdings Inc other: Issuer PO BOX 11620, WESTMINSTER CA 92685
Tina Phan director, officer: Secretary/Treasurer 8700 WARNER AVE STE 200, FOUNTAIN VALLEY CA 92708

PHI Group Headlines

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