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TC (Token Cat) Return-on-Tangible-Asset : -657.00% (As of Dec. 2024)


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What is Token Cat 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. Token Cat's annualized Net Income for the quarter that ended in Dec. 2024 was $-40.47 Mil. Token Cat's average total tangible assets for the quarter that ended in Dec. 2024 was $6.16 Mil. Therefore, Token Cat's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was -657.00%.

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

TC' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -342.22   Med: -61.9   Max: -18.66
Current: -342.22

During the past 9 years, Token Cat's highest Return-on-Tangible-Asset was -18.66%. The lowest was -342.22%. And the median was -61.90%.

TC's Return-on-Tangible-Asset is ranked worse than
98.39% of 1056 companies
in the Media - Diversified industry
Industry Median: 0.44 vs TC: -342.22

Token Cat Return-on-Tangible-Asset Historical Data

The historical data trend for Token Cat'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.

Token Cat Return-on-Tangible-Asset Chart

Token Cat Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only -37.65 -37.18 -77.35 -61.90 -314.94

Token Cat Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 -125.00 -37.04 -99.54 -135.19 -657.00

Competitive Comparison of Token Cat's Return-on-Tangible-Asset

For the Advertising Agencies subindustry, Token Cat'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.


Token Cat's Return-on-Tangible-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Token Cat's Return-on-Tangible-Asset distribution charts can be found below:

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


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Token Cat Return-on-Tangible-Asset Calculation

Token Cat'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 )
=-25.82/( (10.334+6.063)/ 2 )
=-25.82/8.1985
=-314.94 %

Token Cat's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=-40.468/( (6.256+6.063)/ 2 )
=-40.468/6.1595
=-657.00 %

* 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 two times the semi-annual (Dec. 2024) net income data.


Token Cat  (NAS:TC) 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.


Token Cat Return-on-Tangible-Asset Related Terms

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


Token Cat Business Description

Traded in Other Exchanges
N/A
Address
No. 21 Yangfangdian Road, 9th Floor, Ruihai Building, Haidian District, Beijing, CHN, 100038
Token Cat Ltd is an omnichannel automotive marketplace in China. The company operates in one segment, providing auto shows, special promotion event services, virtual dealerships, online marketing services, and more. It organizes auto shows to facilitate transactions between consumers and auto dealers, which include auto dealers, automakers, and automotive service providers. It offers services through its online platform and offline events.

Token Cat Headlines

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