What is The Scotts Miracle Gro 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 Scotts Miracle Gro Co's annualizedNet Income for the quarter that ended in Dec. 2024 was €-265 Mil. The Scotts Miracle Gro Co's average total tangible assets for the quarter that ended in Dec. 2024 was €2,194 Mil. Therefore, The Scotts Miracle Gro Co's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was -12.10%.
The historical rank and industry rank for The Scotts Miracle Gro Co's Return-on-Tangible-Asset or its related term are showing as below:
STU:SCQA'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -12.59 Med: 12.06 Max: 26.81
Current: 1.32
During the past 13 years, The Scotts Miracle Gro Co's highest Return-on-Tangible-Asset was 26.81%. The lowest was -12.59%. And the median was 12.06%.
STU:SCQA's Return-on-Tangible-Asset is ranked worse than 64.12% of 262
companies
in the Agriculture industry
Industry Median: 3.19
vs STU:SCQA: 1.32
The Scotts Miracle Gro Co Return-on-Tangible-Asset Historical Data
The historical data trend for The Scotts Miracle Gro 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 Scotts Miracle Gro Co Return-on-Tangible-Asset Chart
Competitive Comparison of The Scotts Miracle Gro Co's Return-on-Tangible-Asset
For the Agricultural Inputs subindustry, The Scotts Miracle Gro 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 Scotts Miracle Gro Co's Return-on-Tangible-Asset Distribution in the Agriculture Industry
For the Agriculture industry and Basic Materials sector, The Scotts Miracle Gro Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where The Scotts Miracle Gro Co'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 (Dec. 2024) net income data.
The Scotts Miracle Gro Co (STU:SCQA) 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.
The Scotts Miracle Gro Co Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of The Scotts Miracle Gro Co's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Scotts Miracle-Gro is the largest purveyor of home lawn and gardening products in the us. The business consists of three reporting segments: us consumer, Hawthorne, and other. The us consumer segment consists of a broad range of lawncare products, including grass seed, fertilizer, and lawn-related weed, animal, and disease control. us consumer typically generates the vast majority of companywide revenue and profits. Hawthorne sells indoor gardening and hydroponic equipment, particularly to the cannabis growing industry, while the other segment primarily consists of lawn and gardening products sold in Canada. Its lawncare and gardening products are well-recognized brands in the us, including Scotts, Miracle-Gro, Roundup, Ortho, and Tomcat.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
STU:SCQA has been successfully added to your 