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SSTI (SoundThinking) Return-on-Tangible-Asset : -8.52% (As of Mar. 2025)


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What is SoundThinking 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. SoundThinking's annualized Net Income for the quarter that ended in Mar. 2025 was $-5.9 Mil. SoundThinking's average total tangible assets for the quarter that ended in Mar. 2025 was $69.6 Mil. Therefore, SoundThinking's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was -8.52%.

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

SSTI' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -44.9   Med: -7.57   Max: 9.95
Current: -10.65

During the past 10 years, SoundThinking's highest Return-on-Tangible-Asset was 9.95%. The lowest was -44.90%. And the median was -7.57%.

SSTI's Return-on-Tangible-Asset is ranked worse than
73.24% of 2840 companies
in the Software industry
Industry Median: 1.89 vs SSTI: -10.65

SoundThinking Return-on-Tangible-Asset Historical Data

The historical data trend for SoundThinking'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.

SoundThinking Return-on-Tangible-Asset Chart

SoundThinking 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 2.27 -8.45 9.95 -3.88 -13.41

SoundThinking 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 -16.35 -3.97 -7.68 -22.86 -8.52

Competitive Comparison of SoundThinking's Return-on-Tangible-Asset

For the Software - Application subindustry, SoundThinking'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.


SoundThinking's Return-on-Tangible-Asset Distribution in the Software Industry

For the Software industry and Technology sector, SoundThinking's Return-on-Tangible-Asset distribution charts can be found below:

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


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SoundThinking Return-on-Tangible-Asset Calculation

SoundThinking'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 )
=-9.18/( (67.557+69.398)/ 2 )
=-9.18/68.4775
=-13.41 %

SoundThinking'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 )
=-5.936/( (69.398+69.868)/ 2 )
=-5.936/69.633
=-8.52 %

* 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.


SoundThinking  (NAS:SSTI) 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.


SoundThinking Return-on-Tangible-Asset Related Terms

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


SoundThinking Business Description

Traded in Other Exchanges
N/A
Address
39300 Civic Center Drive, Suite 300, Fremont, CA, USA, 94538
SoundThinking Inc is a public safety technology company that combines transformative solutions and strategic advisory services for law enforcement and civic leadership. Its flagship SafetySmart platform includes ShotSpotter, the acoustic gunshot detection system, CrimeTracer, the foremost law enforcement search engine, CaseBuilder, a one-stop investigation management system, and ResourceRouter, software that directs patrol and community anti-violence resources to help maximize their impact.
Executives
Nasim Golzadeh officer: SVP Customer Support C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., SUITE 210, NEWARK CA 94560
Ralph A. Clark director, officer: President and CEO C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Alan R. Stewart officer: Chief Financial Officer C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Gary T Bunyard officer: Sr. VP Public Safety Solutions 14775 GOLD LEAF COURT, DRAPER UT 84020
Deborah A. Elam director C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Regan Davis officer: SVP Cust Succs & Field Eng C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Paul S. Ames officer: Sr. VP Products and Technology C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Robert Samuel Klepper officer: SVP Marketing and Products C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Randall Hawks director, 10 percent owner 300 FRANK H. OGAWA PLAZA, #350, OAKLAND CA 94612
Ruby Sharma director 24 ARNOLD DRIVE, PRINCETON JCT. NJ 08550
Roberta S. Jacobson director C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Joseph O. Hawkins officer: Sr. VP, Operations C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Pascal Levensohn director CHEMIN DU CONNETABLE 8, COLOGNY, GENEVA V8 1223
Thomas T. Groos director, 10 percent owner C/O SHOTSPOTTER, INC., 7979 GATEWAY BLVD., STE. 210, NEWARK CA 94560
Gary M Lauder 10 percent owner 14600 WINCHESTER BLVD, LOS GATOS CA 95030