Red Canyon ResourcesREDRF 15 Return-on-Tangible-Asset is -23.54% as of Dec. 2025. GuruFocus rates REDRF with a GF Score™ of 15/100. The stock has 1 warning sign investors should review. Among 2,662 Metals & Mining companies, Red Canyon Resources ranks better than 51.65% 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. Red Canyon Resources's annualizedNet Income for the quarter that ended in Dec. 2025 was $-1.41 Mil. Red Canyon Resources's average total tangible assets for the quarter that ended in Dec. 2025 was $5.98 Mil. Therefore, Red Canyon Resources's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -23.54%.
The historical rank and industry rank for Red Canyon Resources's Return-on-Tangible-Asset or its related term are showing as below:
REDRF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -48.71 Med: -15.64 Max: -10.77
Current: -15.75
During the past 6 years, Red Canyon Resources's highest Return-on-Tangible-Asset was -10.77%. The lowest was -48.71%. And the median was -15.64%.
REDRF's Return-on-Tangible-Asset is ranked better than 51.65% of 2662
companies
in the Metals & Mining industry
Industry Median: -17.275
vs REDRF: -15.75
Red Canyon Resources (OTCPK:REDRF) 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 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.
Red Canyon Resources Return-on-Tangible-Asset Related Terms
Red Canyon Resources Return-on-Tangible-Asset Historical Data
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The historical data trend for Red Canyon 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.
Red Canyon Resources Return-on-Tangible-Asset Chart
Red Canyon Resources Return-on-Tangible-Asset Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Red Canyon 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.
Red Canyon Resources Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Red Canyon Resources's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Red Canyon Resources'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 (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of -23.54% mean?
Red Canyon Resources (REDRF) has a Return-on-Tangible-Asset of -23.54% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Red Canyon Resources and its competitors. According to the industry distribution chart, Red Canyon Resources ranks #1287 out of 2662 companies in the Metals & Mining industry, placing it in the top 48.3%.
Is Red Canyon Resources' Return-on-Tangible-Asset too high?
Red Canyon Resources' current Return-on-Tangible-Asset is -23.54%. Based on the distribution chart, Red Canyon Resources ranks #1287 out of 2662 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Red Canyon Resources has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Red Canyon Resources' Return-on-Tangible-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Red Canyon Resources ranks #1287 out of 2662 companies for Return-on-Tangible-Asset. This puts Red Canyon Resources in the upper half of its industry. 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 Metals & Mining company?
A good Return-on-Tangible-Asset depends on the Metals & Mining industry context. 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 Red Canyon Resources and its competitors. Red Canyon Resources's current Return-on-Tangible-Asset is -23.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Canyon Resources stock overvalued right now?
Red Canyon Resources (REDRF) has a current Return-on-Tangible-Asset of -23.54%. The current Return-on-Tangible-Asset is -23.54%. Red Canyon Resources' overall GF Score™ is 15/100 with 1 warning sign to review. 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 Red Canyon Resources (REDRF), the current Return-on-Tangible-Asset is -23.54% as of Dec. 2025. 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.
Red Canyon Resources Ltd is a mineral resource company principally engaged in the acquisition and exploration of mineral property assets in Canada and the United States. Its projects are BC projects, including Peak, Kendal, Ping, SP, and Inzana; and the United States projects, including Scraper Springs and Keg. It has two geographic segments: Canada and the USA. It generates the majority of its revenue from Canada.
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