Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Range ImpactRNGE -1.35%30 Return-on-Tangible-Asset is -16.24% as of Mar. 2026. GuruFocus rates RNGE with a GF Score™ of 30/100. The stock has 6 warning signs investors should review. Among 2,670 Metals & Mining companies, Range Impact ranks better than 95.06% 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. Range Impact's annualizedNet Income for the quarter that ended in Mar. 2026 was $-7.34 Mil. Range Impact's average total tangible assets for the quarter that ended in Mar. 2026 was $45.18 Mil. Therefore, Range Impact's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -16.24%.
The historical rank and industry rank for Range Impact's Return-on-Tangible-Asset or its related term are showing as below:
RNGE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -796.79 Med: -58.96 Max: 74.27
Current: 23.48
During the past 13 years, Range Impact's highest Return-on-Tangible-Asset was 74.27%. The lowest was -796.79%. And the median was -58.96%.
RNGE's Return-on-Tangible-Asset is ranked better than 95.06% of 2670
companies
in the Metals & Mining industry
Industry Median: -17.365
vs RNGE: 23.48
Range Impact (OTCPK:RNGE) 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.
Range Impact Return-on-Tangible-Asset Related Terms
Range Impact Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Range Impact'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.
RNGE vs OMEX, WWR, FNUC: Return-on-Tangible-Asset Comparison
For the Other Industrial Metals & Mining subindustry, Range Impact'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.
Range Impact Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Range Impact's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Range Impact'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 -16.24% mean?
Range Impact (RNGE) has a Return-on-Tangible-Asset of -16.24% 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 Range Impact and its competitors. According to the industry distribution chart, Range Impact ranks #132 out of 2670 companies in the Metals & Mining industry, placing it in the top 4.9%.
Is Range Impact's Return-on-Tangible-Asset too high?
Range Impact's current Return-on-Tangible-Asset is -16.24%. Based on the distribution chart, Range Impact ranks #132 out of 2670 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Range Impact has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Range Impact's Return-on-Tangible-Asset compare to OMEX and WWR?
According to the Metals & Mining industry distribution chart, Range Impact ranks #132 out of 2670 companies for Return-on-Tangible-Asset. This places Range Impact in the top 5% of its industry — outperforming the majority of peers. 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 Range Impact and its competitors. Range Impact's current Return-on-Tangible-Asset is -16.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Range Impact stock overvalued right now?
Range Impact (RNGE) has a current Return-on-Tangible-Asset of -16.24%. The current Return-on-Tangible-Asset is -16.24%. Range Impact's overall GF Score™ is 30/100 with 6 warning signs 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 Range Impact (RNGE), the current Return-on-Tangible-Asset is -16.24% 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.
Range Impact Inc is dedicated to improving the health and wellness of people and the planet through a novel approach to impact investing. The company owns and operates several complementary operating businesses focused on developing long-term solutions to environmental, social, and health challenges, with a particular focus on acquiring, reclaiming and repurposing mine sites and other undervalued land in economically disadvantaged communities throughout Appalachia. It takes an opportunistic approach to impact investing by leveraging its competitive advantages and looking at solving old problems in new ways.
30GF Score
Get the complete analysis for RNGE
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
RNGE has been successfully added to your 
