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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. Decibel Cannabis Co's annualizedNet Income for the quarter that ended in Mar. 2026 was C$-8.7 Mil. Decibel Cannabis Co's average total tangible assets for the quarter that ended in Mar. 2026 was C$139.5 Mil. Therefore, Decibel Cannabis Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2026 was -6.24%.
The historical rank and industry rank for Decibel Cannabis Co's Return-on-Tangible-Asset or its related term are showing as below:
TSXV:DB'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2700 Med: -7.21 Max: 6.55
Current: -2.23
During the past 13 years, Decibel Cannabis Co's highest Return-on-Tangible-Asset was 6.55%. The lowest was -2700.00%. And the median was -7.21%.
TSXV:DB's Return-on-Tangible-Asset is ranked worse than 68.55% of 1008
companies
in the Drug Manufacturers industry
Industry Median: 3.155
vs TSXV:DB: -2.23
Decibel Cannabis Co (TSXV:DB) 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.
Decibel Cannabis Co Return-on-Tangible-Asset Related Terms
Decibel Cannabis Co Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Decibel Cannabis 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.
Decibel Cannabis Co Return-on-Tangible-Asset Chart
TSXV:DB vs ZTS, UTHR: Return-on-Tangible-Asset Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Decibel Cannabis 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.
Decibel Cannabis Co Return-on-Tangible-Asset vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Decibel Cannabis Co's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Decibel Cannabis 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 (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of -6.24% mean?
Decibel Cannabis Co (TSXV:DB) has a Return-on-Tangible-Asset of -6.24% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Decibel Cannabis Co and its competitors. According to the industry distribution chart, Decibel Cannabis Co ranks #691 out of 1008 companies in the Drug Manufacturers industry, placing it in the top 68.6%.
Is Decibel Cannabis Co's Return-on-Tangible-Asset too high?
Decibel Cannabis Co's current Return-on-Tangible-Asset is -6.24%. Based on the distribution chart, Decibel Cannabis Co ranks #691 out of 1008 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Decibel Cannabis Co has a GF Score™ of 44/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Decibel Cannabis Co's Return-on-Tangible-Asset compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Decibel Cannabis Co ranks #691 out of 1008 companies for Return-on-Tangible-Asset. This places Decibel Cannabis Co in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.16. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Drug Manufacturers company?
The median Return-on-Tangible-Asset among Drug Manufacturers companies is 3.16, based on 1,008 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Decibel Cannabis Co and its competitors. For the Drug Manufacturers industry, the median Return-on-Tangible-Asset is 3.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Decibel Cannabis Co's current Return-on-Tangible-Asset is -6.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Decibel Cannabis Co stock overvalued right now?
Based on GuruFocus' analysis, Decibel Cannabis Co (TSXV:DB) is currently considered Fairly Valued. The stock's GF Value™ is C$0.11, compared to a current price of C$0.11 — trading right at its estimated fair value. The current Return-on-Tangible-Asset is -6.24%. Decibel Cannabis Co's overall GF Score™ is 44/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Decibel Cannabis Co (TSXV:DB), the current Return-on-Tangible-Asset is -6.24% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Decibel Cannabis Co (TSXV:DB) Overvalued in 2026?
Based on GuruFocus' analysis, Decibel Cannabis Co stock appears to be undervalued.
The current stock price of C$0.11 is trading 0% below its estimated GF Value™ of C$0.11.
GuruFocus considers Decibel Cannabis Co to be Fairly Valued.
Key valuation signals for TSXV:DB:
Return-on-Tangible-Asset: -6.24%
GF Value™: C$0.11 vs. price of C$0.11 (0% below fair value)
No single metric tells the full story. See the TSXV:DB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Decibel Cannabis Co Inc is engaged in the cannabis operations business. The company is involved in the production, distribution, and sale of recreational cannabis. All the revenues are generated in Canada. The company's revenue is comprised of wholesale sales of both products and services through its production facilities to distributors and licensed cannabis producers and the direct sale of products through its retailer locations to end customers.
44GF Score
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