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Pacific Wildcat Resources (Pacific Wildcat Resources) Return-on-Tangible-Asset : -23.93% (As of Sep. 2014)


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What is Pacific Wildcat Resources 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. Pacific Wildcat Resources's annualized Net Income for the quarter that ended in Sep. 2014 was $-0.90 Mil. Pacific Wildcat Resources's average total tangible assets for the quarter that ended in Sep. 2014 was $3.74 Mil. Therefore, Pacific Wildcat Resources's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2014 was -23.93%.

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

PWCRF's Return-on-Tangible-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: -15.23
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Pacific Wildcat Resources Return-on-Tangible-Asset Historical Data

The historical data trend for Pacific Wildcat Resources'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.

Pacific Wildcat Resources Return-on-Tangible-Asset Chart

Pacific Wildcat Resources Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Dec10 Dec11 Dec12 Dec13
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -24.94 -28.26 -18.14 -18.42 -124.18

Pacific Wildcat Resources Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 -0.94 -495.80 -24.80 -3.21 -23.93

Competitive Comparison of Pacific Wildcat Resources's Return-on-Tangible-Asset

For the Other Industrial Metals & Mining subindustry, Pacific Wildcat Resources'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.


Pacific Wildcat Resources's Return-on-Tangible-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Pacific Wildcat Resources's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Pacific Wildcat Resources's Return-on-Tangible-Asset falls into.



Pacific Wildcat Resources Return-on-Tangible-Asset Calculation

Pacific Wildcat Resources's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2013 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2013 )  (A: Dec. 2012 )(A: Dec. 2013 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2013 )  (A: Dec. 2012 )(A: Dec. 2013 )
=-40.591/( (61.473+3.904)/ 2 )
=-40.591/32.6885
=-124.18 %

Pacific Wildcat Resources's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2014 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2014 )  (Q: Jun. 2014 )(Q: Sep. 2014 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2014 )  (Q: Jun. 2014 )(Q: Sep. 2014 )
=-0.896/( (3.763+3.724)/ 2 )
=-0.896/3.7435
=-23.93 %

* 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. 2014) net income data.


Pacific Wildcat Resources  (OTCPK:PWCRF) 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.


Pacific Wildcat Resources Return-on-Tangible-Asset Related Terms

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Pacific Wildcat Resources (Pacific Wildcat Resources) Business Description

Traded in Other Exchanges
N/A
Address
1632 Dickson Avenue, Landmark 3, Suite 335, Kelowna, BC, CAN, V1Y7T2
Pacific Wildcat Resources Corp is engaged in the acquisition and development of mineral properties located in Africa. The company's projects are Marima Hill Project which is a world-class Niobium and Rare Earth Resource located in Kenya, and Muiane Project is located in Mozambique.

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