GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Strategic Environmental & Energy Resources Inc (OTCPK:SENR) » Definitions » Return-on-Tangible-Asset

Strategic Environmental & Energy Resources (Strategic Environmental & Energy Resources) Return-on-Tangible-Asset : -155.15% (As of Mar. 2024)


View and export this data going back to 2003. Start your Free Trial

What is Strategic Environmental & Energy Resources 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. Strategic Environmental & Energy Resources's annualized Net Income for the quarter that ended in Mar. 2024 was $-1.41 Mil. Strategic Environmental & Energy Resources's average total tangible assets for the quarter that ended in Mar. 2024 was $0.91 Mil. Therefore, Strategic Environmental & Energy Resources's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 was -155.15%.

The historical rank and industry rank for Strategic Environmental & Energy Resources's Return-on-Tangible-Asset or its related term are showing as below:

SENR' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -193.24   Med: -74.61   Max: 18.34
Current: -176.88

During the past 12 years, Strategic Environmental & Energy Resources's highest Return-on-Tangible-Asset was 18.34%. The lowest was -193.24%. And the median was -74.61%.

SENR's Return-on-Tangible-Asset is ranked worse than
97.95% of 244 companies
in the Waste Management industry
Industry Median: 2.665 vs SENR: -176.88

Strategic Environmental & Energy Resources Return-on-Tangible-Asset Historical Data

The historical data trend for Strategic Environmental & Energy 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.

* Premium members only.

Strategic Environmental & Energy Resources Return-on-Tangible-Asset Chart

Strategic Environmental & Energy Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -86.84 -125.41 18.34 -153.44 -193.24

Strategic Environmental & Energy Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -212.33 -134.15 -152.32 -295.84 -155.15

Competitive Comparison of Strategic Environmental & Energy Resources's Return-on-Tangible-Asset

For the Waste Management subindustry, Strategic Environmental & Energy 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.


Strategic Environmental & Energy Resources's Return-on-Tangible-Asset Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Strategic Environmental & Energy Resources's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Strategic Environmental & Energy Resources's Return-on-Tangible-Asset falls into.



Strategic Environmental & Energy Resources Return-on-Tangible-Asset Calculation

Strategic Environmental & Energy Resources's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-2.373/( (1.623+0.833)/ 2 )
=-2.373/1.228
=-193.24 %

Strategic Environmental & Energy Resources's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-1.408/( (0.833+0.982)/ 2 )
=-1.408/0.9075
=-155.15 %

* 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. 2024) net income data.


Strategic Environmental & Energy Resources  (OTCPK:SENR) 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.


Strategic Environmental & Energy Resources Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Strategic Environmental & Energy Resources's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Strategic Environmental & Energy Resources (Strategic Environmental & Energy Resources) Business Description

Traded in Other Exchanges
N/A
Address
370 Interlocken Boulevard, Suite 680, Broomfield, CO, USA, 80021
Strategic Environmental & Energy Resources Inc provides environmental, renewable fuels and industrial waste stream management services to oil producers and refiners, railcar operators, industrial and manufacturing companies, medical facilities, government agencies, universities, and environmental consulting firms. The company operates in two business segments including Environmental Solutions and Solid Waste. It generates maximum revenue from the Environmental Solutions segment.
Executives
Fortunato Villamagna officer: President, PWS* 10805 BERNINE DR., LAS VEGAS NV 89141
Michael John Cardillo officer: President- REGS, LLC 7801 BTIGHTON ROAD, COMMERCE CITY CO 80022
Michael Jeffrey Readey officer: Executive VP 751 PINE RIDGE ROAD, GOLDEN CO 80403
Monty R Lamirato officer: Acting Chief Financial Officer
Combs Joseph John Iii director, officer: CEO 7801 BRIGHTON ROAD, COMMERCE CITY CO 80022
John Paul Jenkin director, officer: Executive VP 7801 BRIGHTON ROAD, COMMERCE CITY CO 80022

Strategic Environmental & Energy Resources (Strategic Environmental & Energy Resources) Headlines

From GuruFocus

SEER'S MV TECHNOLOGIES RECEIVES CONTRACTS FOR MORE THAN $2MM

By sperokesalga sperokesalga 02-13-2023