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. Star Alliance International's annualizedNet Income for the quarter that ended in Jun. 2024 was $-2.07 Mil. Star Alliance International's average total tangible assets for the quarter that ended in Jun. 2024 was $0.81 Mil. Therefore, Star Alliance International's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 was -255.02%.
The historical rank and industry rank for Star Alliance International's Return-on-Tangible-Asset or its related term are showing as below:
STAL's Return-on-Tangible-Asset is not ranked *
in the Metals & Mining industry.
Industry Median: -17.275 * Ranked among companies with meaningful Return-on-Tangible-Asset only.
Star Alliance International (OTCPK:STAL) 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.
Star Alliance International Return-on-Tangible-Asset Related Terms
Star Alliance International 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.
Star Alliance International Return-on-Tangible-Asset Chart
STAL vs BSAI, RNGG, KATXD: Return-on-Tangible-Asset Comparison
For the Gold subindustry, Star Alliance International'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.
Star Alliance International Return-on-Tangible-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Star Alliance International's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Star Alliance International'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 (Jun. 2024) net income data.
What does a Return-on-Tangible-Asset of -255.02% mean?
Star Alliance International (STAL) has a Return-on-Tangible-Asset of -255.02% as of Jun. 2024. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Star Alliance International and its competitors.
Is Star Alliance International's Return-on-Tangible-Asset too high?
Star Alliance International's current Return-on-Tangible-Asset is -255.02%.
How does Star Alliance International's Return-on-Tangible-Asset compare to BSAI and RNGG?
Star Alliance International's Return-on-Tangible-Asset of -255.02% can be compared against companies in the Metals & Mining industry. 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 Star Alliance International and its competitors. Star Alliance International's current Return-on-Tangible-Asset is -255.02%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Star Alliance International stock overvalued right now?
Star Alliance International (STAL) has a current Return-on-Tangible-Asset of -255.02%. The current Return-on-Tangible-Asset is -255.02%. 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 Star Alliance International (STAL), the current Return-on-Tangible-Asset is -255.02% as of Jun. 2024. 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.
Star Alliance International Corp is a United States-based holding company that invests in the mining business. Through its subsidiary, it is engaged in the acquisition and development of gold and other mineral mining properties. The company's projects include the Troy mine and Magma International. The company subsidiary is Compania Minera Metallurgical, an acquired gold mining company. One of the projects is the Genesis System, which helps the Gold Extraction System accelerate the rate of dissolution of gold to nearly an immediate rate.
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