Hyperliquid StrategiesPURR +9.57%13 Return-on-Tangible-Asset is 85.50% as of Mar. 2026. GuruFocus rates PURR with a GF Score™ of 13/100. Among 817 Capital Markets companies, Hyperliquid Strategies ranks worse than 88.98% on this metric.
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. Hyperliquid Strategies's annualizedNet Income for the quarter that ended in Mar. 2026 was $610.04 Mil. Hyperliquid Strategies's average total tangible assets for the quarter that ended in Mar. 2026 was $713.52 Mil. Therefore, Hyperliquid Strategies's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was 85.50%.
The historical rank and industry rank for Hyperliquid Strategies's Return-on-Tangible-Asset or its related term are showing as below:
PURR'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -21.47 Med: 0 Max: 0
Current: -21.47
PURR's Return-on-Tangible-Asset is ranked worse than 88.98% of 817
companies
in the Capital Markets industry
Industry Median: 1.51
vs PURR: -21.47
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 companys 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 companys 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.
Hyperliquid Strategies Return-on-Tangible-Asset Related Terms
Hyperliquid Strategies Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Hyperliquid Strategies'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.
PURR vs GOLD, PWP, OPY: Return-on-Tangible-Asset Comparison
For the Capital Markets subindustry, Hyperliquid Strategies'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.
Hyperliquid Strategies Return-on-Tangible-Asset vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Hyperliquid Strategies's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Hyperliquid Strategies's Return-on-Tangible-Asset falls into.
* 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 85.50% mean?
Hyperliquid Strategies (PURR) has a Return-on-Tangible-Asset of 85.50% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Hyperliquid Strategies and its competitors. According to the industry distribution chart, Hyperliquid Strategies ranks #727 out of 817 companies in the Capital Markets industry, placing it in the top 89%.
Is Hyperliquid Strategies' Return-on-Tangible-Asset too high?
Hyperliquid Strategies' current Return-on-Tangible-Asset is 85.50%. The Capital Markets industry median Return-on-Tangible-Asset is 1.51. Hyperliquid Strategies' value of 85.50% is 5562.3% above this industry median. Based on the distribution chart, Hyperliquid Strategies ranks #727 out of 817 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Hyperliquid Strategies has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Hyperliquid Strategies' Return-on-Tangible-Asset compare to GOLD and PWP?
According to the Capital Markets industry distribution chart, Hyperliquid Strategies ranks #727 out of 817 companies for Return-on-Tangible-Asset. This places Hyperliquid Strategies in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.51. Hyperliquid Strategies' value of 85.50% is 5562.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Capital Markets company?
The median Return-on-Tangible-Asset among Capital Markets companies is 1.51, based on 817 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hyperliquid Strategies's current Return-on-Tangible-Asset of 85.50% is 5562.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Hyperliquid Strategies and its competitors. For the Capital Markets industry, the median Return-on-Tangible-Asset is 1.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hyperliquid Strategies's current Return-on-Tangible-Asset is 85.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hyperliquid Strategies stock overvalued right now?
Hyperliquid Strategies (PURR) has a current Return-on-Tangible-Asset of 85.50%. The current Return-on-Tangible-Asset is 85.50% and 5562.3% above the Capital Markets industry median of 1.51. Hyperliquid Strategies' overall GF Score™ is 13/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Hyperliquid Strategies (PURR), the current Return-on-Tangible-Asset is 85.50% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Address477 Madison Avenue, 22nd Floor, New York, NY, USA, 10022
Hyperliquid Strategies Inc is a digital asset treasury company whose primary focus is to maximize shareholder value through accumulating HYPE, the native token of Hyperliquid, a high-performance blockchain custom-built to house all of finance. HSI aims to provide capital-efficient and productive access to the HYPE token for U.S. and institutional investors, generating compounding shareholder returns that individual holders may not be able to replicate through staking, yield optimization, and active ecosystem engagement. HSI is positioned to become the largest HYPE-focused digital asset treasury vehicle capitalizing on Hyperliquid's rapid growth and providing exposure to one of the largest and fastest growing revenue pools in digital assets.
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