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Kelso Technologies (TSX:KLS) Return-on-Tangible-Asset : 24.58% (As of Mar. 2025)


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What is Kelso Technologies 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. Kelso Technologies's annualized Net Income for the quarter that ended in Mar. 2025 was C$2.36 Mil. Kelso Technologies's average total tangible assets for the quarter that ended in Mar. 2025 was C$9.62 Mil. Therefore, Kelso Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 24.58%.

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

TSX:KLS' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -60.81   Med: -15.93   Max: 29.44
Current: -42.5

During the past 13 years, Kelso Technologies's highest Return-on-Tangible-Asset was 29.44%. The lowest was -60.81%. And the median was -15.93%.

TSX:KLS's Return-on-Tangible-Asset is ranked worse than
97.91% of 1005 companies
in the Transportation industry
Industry Median: 3.94 vs TSX:KLS: -42.50

Kelso Technologies Return-on-Tangible-Asset Historical Data

The historical data trend for Kelso Technologies'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.

Kelso Technologies Return-on-Tangible-Asset Chart

Kelso Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.50 -22.37 -11.25 -20.09 -60.81

Kelso Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 Premium Member Only Premium Member Only Premium Member Only -29.81 -22.52 -15.17 -158.07 24.58

Competitive Comparison of Kelso Technologies's Return-on-Tangible-Asset

For the Railroads subindustry, Kelso Technologies'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.


Kelso Technologies's Return-on-Tangible-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kelso Technologies's Return-on-Tangible-Asset distribution charts can be found below:

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


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Kelso Technologies Return-on-Tangible-Asset Calculation

Kelso Technologies'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 )
=-6.585/( (12.296+9.36)/ 2 )
=-6.585/10.828
=-60.81 %

Kelso Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=2.364/( (9.36+9.874)/ 2 )
=2.364/9.617
=24.58 %

* 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. 2025) net income data.


Kelso Technologies  (TSX:KLS) 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.


Kelso Technologies Return-on-Tangible-Asset Related Terms

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


Kelso Technologies Business Description

Traded in Other Exchanges
Address
305 - 1979 Old Okanagan Highway, West Kelowna, BC, CAN, V4T 3A4
Kelso Technologies Inc is a railway equipment supplier that produces and sells tank car service equipment used for the safe loading, unloading, and containment of hazardous materials during transport. The firm designs, engineers, markets, produces, and distributes various fuel valves, pressure relief valves, manway securement systems, and other related products designed to reduce the risk of environmental harm due to non-accidental events in the transportation of hazardous commodities via railroad tank cars. The company operates one business segment, which consists of the design, production, and distribution of various proprietary products for the rail sector. Geographically, it operates in the United States.
Executives
Frank Busch Director
Sameer Dnyaneshwar Uplenchwar Senior Officer
Jesse Van Crews Director
Richard Manning Lee Senior Officer
Kathy Love Senior Officer
James Richard Bond Director, Senior Officer
Anthony Andrukaitis Director, Senior Officer
Edward Paul Cass Director

Kelso Technologies Headlines

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