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RSRV (The Reserve Petroleum Co) Return-on-Tangible-Asset : 19.02% (As of Mar. 2025)


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What is The Reserve Petroleum Co 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. The Reserve Petroleum Co's annualized Net Income for the quarter that ended in Mar. 2025 was $7.11 Mil. The Reserve Petroleum Co's average total tangible assets for the quarter that ended in Mar. 2025 was $37.39 Mil. Therefore, The Reserve Petroleum Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 19.02%.

The historical rank and industry rank for The Reserve Petroleum Co's Return-on-Tangible-Asset or its related term are showing as below:

RSRV' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -5.76   Med: 0.86   Max: 11.12
Current: 8.16

During the past 13 years, The Reserve Petroleum Co's highest Return-on-Tangible-Asset was 11.12%. The lowest was -5.76%. And the median was 0.86%.

RSRV's Return-on-Tangible-Asset is ranked better than
79.79% of 1064 companies
in the Oil & Gas industry
Industry Median: 2.135 vs RSRV: 8.16

The Reserve Petroleum Co Return-on-Tangible-Asset Historical Data

The historical data trend for The Reserve Petroleum Co'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.

The Reserve Petroleum Co Return-on-Tangible-Asset Chart

The Reserve Petroleum Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.76 3.83 11.12 -0.15 5.58

The Reserve Petroleum Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 7.92 11.29 18.70 -16.31 19.02

Competitive Comparison of The Reserve Petroleum Co's Return-on-Tangible-Asset

For the Oil & Gas E&P subindustry, The Reserve Petroleum Co'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.


The Reserve Petroleum Co's Return-on-Tangible-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, The Reserve Petroleum Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where The Reserve Petroleum Co's Return-on-Tangible-Asset falls into.


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The Reserve Petroleum Co Return-on-Tangible-Asset Calculation

The Reserve Petroleum Co's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=2.029/( (36.387+36.38)/ 2 )
=2.029/36.3835
=5.58 %

The Reserve Petroleum Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=7.112/( (36.38+38.399)/ 2 )
=7.112/37.3895
=19.02 %

* 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. 2025) net income data.


The Reserve Petroleum Co  (OTCPK:RSRV) 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.


The Reserve Petroleum Co Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of The Reserve Petroleum Co's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


The Reserve Petroleum Co Business Description

Traded in Other Exchanges
N/A
Address
6801 Broadway Extension, Suite 300, Oklahoma City, OK, USA, 73116-9037
The Reserve Petroleum Co is an independent oil and gas company engaged in oil and natural gas exploration, development, and minerals management with areas of concentration in Arkansas, Kansas, Oklahoma, South Dakota, Texas, and Wyoming, a single business segment. The Company is also engaged in investments and joint ventures that are not business segments.
Executives
Cameron R Mclain director, officer: PRESIDENT 805 GLEN EAGLES DR, EDMOND OK 73013
Lawrence Raymond Francis officer: 1st VP & Secretary/Treasurer 6801 BROADWAY EXTENSION, SUITE 300, OKLAHOMA CITY OK 73116
John Mclain director 6801 BROADWAY EXTENSION, SUITE 200, OKLAHOMA CITY OK 73116-9037
Robert T Mclain director 6403 N. GRAND BLVD, SUITE 200, OKLAHOMA CITY OK 73116
Robert L Savage director 8326 GLENWOOD AVENUE, OKLAHOMA CITY OK 73114
James L Tyler director, officer: 2nd Vice President, Sec/Treas 7720 NW 102ND ST, OKLAHOMA CITY OK 73162-5314
Kyle L Mclain other: Performs policy making functio 2301 STEEPLECHASE RD, EDMOND OK 73034
Mason W Mclain director, 10 percent owner, officer: President

The Reserve Petroleum Co Headlines