Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM (QUI:ICM) Return-on-Tangible-Asset: 0.00% (As of . 20)

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QUI:ICM Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM QUI:ICM
31 GF Score
Price $2.20
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What is Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM Return-on-Tangible-Asset?

Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM QUI:ICM 31 Return-on-Tangible-Asset is 0.00% as of . 20. GuruFocus rates QUI:ICM with a GF Score™ of 31/100.

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. Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM's annualized Net Income for the quarter that ended in . 20 was $ Mil. Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM's average total tangible assets for the quarter that ended in . 20 was $ Mil. Therefore, Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 was 0.00%.

The historical rank and industry rank for Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM's Return-on-Tangible-Asset or its related term are showing as below:

QUI:ICM's Return-on-Tangible-Asset is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 3.52
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM  (QUI:ICM) 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.

Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM Return-on-Tangible-Asset Related Terms

Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM'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.

Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM Return-on-Tangible-Asset Chart

Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM Annual Data
Trend
Return-on-Tangible-Asset

Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM Semi-Annual Data
Return-on-Tangible-Asset

QUI:ICM vs : Return-on-Tangible-Asset Comparison

For the Farm Products subindustry, Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM'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.

Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM Return-on-Tangible-Asset vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM's Return-on-Tangible-Asset falls into.


QUI:ICM
31GF Score
Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM QUI:ICM
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM Return-on-Tangible-Asset Calculation

Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM's annualized Return-on-Tangible-Asset for the fiscal year that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+)/ )
=/
= %

Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) net income data.

What does a Return-on-Tangible-Asset of 0.00% mean?
Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM (QUI:ICM) has a Return-on-Tangible-Asset of 0.00% as of . 20. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM and its competitors.
Is Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM's Return-on-Tangible-Asset too high?
Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM's current Return-on-Tangible-Asset is 0.00%. Overall, Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM's Return-on-Tangible-Asset compare to ?
Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM's Return-on-Tangible-Asset of 0.00% can be compared against companies in the Consumer Packaged Goods industry. The industry median Return-on-Tangible-Asset is 3.52. 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 Consumer Packaged Goods company?
The median Return-on-Tangible-Asset among Consumer Packaged Goods companies is 3.52, based on 2,000 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. 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 Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM and its competitors. For the Consumer Packaged Goods industry, the median Return-on-Tangible-Asset is 3.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM's current Return-on-Tangible-Asset is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM stock overvalued right now?
Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM (QUI:ICM) has a current Return-on-Tangible-Asset of 0.00%. The current Return-on-Tangible-Asset is 0.00%. Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM's overall GF Score™ is 31/100. 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 Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM (QUI:ICM), the current Return-on-Tangible-Asset is 0.00% as of . 20. 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.

Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM Business Description

Comparable Companies
Address Panameriva North Km 25 Via Tulcan, Quito, ECU
Ingenio Azucarero del Norte Compania de Economia Mixta IANCEM is engaged in the Cultivation, promotion and industrialization of sugar cane. The company is also engaged in the field of production and marketing of agricultural products and agro-industry.
31GF Score

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Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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