The historical rank and industry rank for TOMI Environmental Solutions's Return-on-Tangible-Asset or its related term are showing as below:
TOMZ'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -210.24 Med: -28.5 Max: 37.87
Current: -29.73
During the past 13 years, TOMI Environmental Solutions's highest Return-on-Tangible-Asset was 37.87%. The lowest was -210.24%. And the median was -28.50%.
TOMZ's Return-on-Tangible-Asset is ranked worse than 94.48% of 3024
companies
in the Industrial Products industry
Industry Median: 3.775
vs TOMZ: -29.73
TOMI Environmental Solutions 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.
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TOMI Environmental Solutions Return-on-Tangible-Asset Chart
Competitive Comparison of TOMI Environmental Solutions's Return-on-Tangible-Asset
For the Pollution & Treatment Controls subindustry, TOMI Environmental Solutions'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.
TOMI Environmental Solutions's Return-on-Tangible-Asset Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, TOMI Environmental Solutions's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where TOMI Environmental Solutions's Return-on-Tangible-Asset falls into.
TOMI Environmental Solutions Return-on-Tangible-Asset Calculation
TOMI Environmental Solutions's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:
* 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. 2024) net income data.
TOMI Environmental Solutions (NAS:TOMZ) 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.
TOMI Environmental Solutions Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of TOMI Environmental Solutions's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
TOMI Environmental Solutions (TOMI Environmental Solutions) Business Description
TOMI Environmental Solutions Inc is a global bacteria decontamination and infectious disease control company, providing environmental solutions for indoor surface decontamination through the manufacturing, sales, service and licensing of its SteraMist brand of products, including SteraMist BIT, a low percentage (7.8%) hydrogen peroxide-based fog or mist that uses Binary Ionization Technology (BIT). Its product portfolio includes SteraMist Surface Unit; SteraMist Environment System; The SteraMist Total Disinfection Cart; SteraMist Select Surface Unit; Stainless Steel 90 Degree Applicator; iHP Plasma Decontamination Chamber; SteraMist Custom Engineered System (CES); and iHP Corporate Service Decontamination.
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