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PSYCF (Psyched Wellness) Return-on-Tangible-Asset : -44.58% (As of Feb. 2025)


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What is Psyched Wellness 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. Psyched Wellness's annualized Net Income for the quarter that ended in Feb. 2025 was $-2.29 Mil. Psyched Wellness's average total tangible assets for the quarter that ended in Feb. 2025 was $5.14 Mil. Therefore, Psyched Wellness's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2025 was -44.58%.

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

PSYCF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -492.96   Med: -98.99   Max: -4.68
Current: -57.21

During the past 13 years, Psyched Wellness's highest Return-on-Tangible-Asset was -4.68%. The lowest was -492.96%. And the median was -98.99%.

PSYCF's Return-on-Tangible-Asset is ranked worse than
96.28% of 1934 companies
in the Consumer Packaged Goods industry
Industry Median: 3.62 vs PSYCF: -57.21

Psyched Wellness Return-on-Tangible-Asset Historical Data

The historical data trend for Psyched Wellness'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.

Psyched Wellness Return-on-Tangible-Asset Chart

Psyched Wellness Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -149.83 -105.08 -90.07 -64.98 -55.79

Psyched Wellness 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 -39.70 -65.83 -75.33 -32.32 -44.58

Competitive Comparison of Psyched Wellness's Return-on-Tangible-Asset

For the Packaged Foods subindustry, Psyched Wellness'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.


Psyched Wellness's Return-on-Tangible-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Psyched Wellness's Return-on-Tangible-Asset distribution charts can be found below:

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


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Psyched Wellness Return-on-Tangible-Asset Calculation

Psyched Wellness's annualized Return-on-Tangible-Asset for the fiscal year that ended in Nov. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Nov. 2024 )  (A: Nov. 2023 )(A: Nov. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Nov. 2024 )  (A: Nov. 2023 )(A: Nov. 2024 )
=-3.049/( (5.321+5.61)/ 2 )
=-3.049/5.4655
=-55.79 %

Psyched Wellness'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 )
=-2.292/( (5.61+4.672)/ 2 )
=-2.292/5.141
=-44.58 %

* 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.


Psyched Wellness  (OTCPK:PSYCF) 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.


Psyched Wellness Return-on-Tangible-Asset Related Terms

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Psyched Wellness Business Description

Traded in Other Exchanges
Address
36 Toronto Street, Suite 701, Toronto, ON, CAN, M5C 2C5
Psyched Wellness Ltd is a Canada-based health supplements company, which is engaged in the distribution of mushroom-derived products and associated consumer packaged goods. The Company is producing and developing a line of Amanita Muscaria-derived water-based extracts, teas and capsules designed to help with three health objectives, such as promote stress relief, relaxation, and assist with restful sleeping. The Company's subsidiaries include Psyched Wellness Corp., and AME Wellness Inc.