The historical rank and industry rank for Rocky Mountain Chocolate Factory's Return-on-Tangible-Asset or its related term are showing as below:
RMCF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -24.17 Med: 11.58 Max: 18.3
Current: -20.78
During the past 13 years, Rocky Mountain Chocolate Factory's highest Return-on-Tangible-Asset was 18.30%. The lowest was -24.17%. And the median was 11.58%.
RMCF's Return-on-Tangible-Asset is ranked worse than 91% of 1901
companies
in the Consumer Packaged Goods industry
Industry Median: 3.19
vs RMCF: -20.78
Rocky Mountain Chocolate Factory Return-on-Tangible-Asset Historical Data
* 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.
Competitive Comparison of Rocky Mountain Chocolate Factory's Return-on-Tangible-Asset
For the Confectioners subindustry, Rocky Mountain Chocolate Factory'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.
Rocky Mountain Chocolate Factory's Return-on-Tangible-Asset Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Rocky Mountain Chocolate Factory's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Rocky Mountain Chocolate Factory'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 (Nov. 2023) net income data.
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.
Rocky Mountain Chocolate Factory Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Rocky Mountain Chocolate Factory's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Rocky Mountain Chocolate Factory (Rocky Mountain Chocolate Factory) Business Description
Rocky Mountain Chocolate Factory Inc operates as a manufacturer of chocolate candies and confectionery products. The business activity of the firm functions through Franchising, Manufacturing, Retail Stores, U-Swirl Operations, and Other segments. Its products include varieties of Clusters, Caramels, Creams, Toffees, Mints, and Truffles. Geographically, the company and its subsidiaries have stores in Canada, South Korea, Panama, the Philippines, Qatar, and other countries.
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