What is Sulliden Mining Capital 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. Sulliden Mining Capital's annualizedNet Income for the quarter that ended in Jan. 2025 was $-5.84 Mil. Sulliden Mining Capital's average total tangible assets for the quarter that ended in Jan. 2025 was $1.63 Mil. Therefore, Sulliden Mining Capital's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2025 was -358.15%.
The historical rank and industry rank for Sulliden Mining Capital's Return-on-Tangible-Asset or its related term are showing as below:
SULMF'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -111.44 Med: -34.16 Max: 46.31
Current: -106.88
During the past 11 years, Sulliden Mining Capital's highest Return-on-Tangible-Asset was 46.31%. The lowest was -111.44%. And the median was -34.16%.
SULMF's Return-on-Tangible-Asset is ranked worse than 83.3% of 2664
companies
in the Metals & Mining industry
Industry Median: -17.365
vs SULMF: -106.88
Sulliden Mining Capital Return-on-Tangible-Asset Historical Data
The historical data trend for Sulliden Mining Capital'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.
Sulliden Mining Capital Return-on-Tangible-Asset Chart
Competitive Comparison of Sulliden Mining Capital's Return-on-Tangible-Asset
For the Other Industrial Metals & Mining subindustry, Sulliden Mining Capital'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.
Sulliden Mining Capital's Return-on-Tangible-Asset Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Sulliden Mining Capital's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Sulliden Mining Capital'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 (Jan. 2025) net income data.
Sulliden Mining Capital (OTCPK:SULMF) 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.
Sulliden Mining Capital Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Sulliden Mining Capital's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Sulliden Mining Capital Inc is engaged in the business of mineral exploration. It holds mineral exploration interests in the East Sullivan property in Quebec, mineral exploration interests in the Salt Cay property in Peru, Uranium exploration interests in the Proterozoic Otish property in Quebec, and various investments in public and private entities. The company is a uranium and precious metals company focused on acquisitions and the development of brownfield, development-stage, and early production-stage mining projects in the Americas, Africa, and Australia. The company also invests its excess cash to maintain its capital for the acquisition of mining projects.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SULMF has been successfully added to your 