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SSC Security Services (TSXV:SECU) Return-on-Tangible-Asset : 0.08% (As of Mar. 2025)


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What is SSC Security Services 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. SSC Security Services's annualized Net Income for the quarter that ended in Mar. 2025 was C$0.0 Mil. SSC Security Services's average total tangible assets for the quarter that ended in Mar. 2025 was C$49.7 Mil. Therefore, SSC Security Services's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 0.08%.

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

TSXV:SECU' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.57   Med: -0.4   Max: 8.59
Current: -0.47

During the past 12 years, SSC Security Services's highest Return-on-Tangible-Asset was 8.59%. The lowest was -7.57%. And the median was -0.40%.

TSXV:SECU's Return-on-Tangible-Asset is ranked worse than
71.97% of 1081 companies
in the Business Services industry
Industry Median: 3.64 vs TSXV:SECU: -0.47

SSC Security Services Return-on-Tangible-Asset Historical Data

The historical data trend for SSC Security Services'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.

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SSC Security Services Return-on-Tangible-Asset Chart

SSC Security Services Annual Data
Trend Mar15 Mar16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.77 2.57 -1.66 0.17 1.17

SSC Security Services 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 5.10 0.21 -1.17 -1.00 0.08

Competitive Comparison of SSC Security Services's Return-on-Tangible-Asset

For the Security & Protection Services subindustry, SSC Security Services'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.


SSC Security Services's Return-on-Tangible-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, SSC Security Services's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where SSC Security Services's Return-on-Tangible-Asset falls into.


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SSC Security Services Return-on-Tangible-Asset Calculation

SSC Security Services's annualized Return-on-Tangible-Asset for the fiscal year that ended in Sep. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=0.596/( (51.965+49.943)/ 2 )
=0.596/50.954
=1.17 %

SSC Security Services'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 )
=0.04/( (49.903+49.542)/ 2 )
=0.04/49.7225
=0.08 %

* 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.


SSC Security Services  (TSXV:SECU) 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.


SSC Security Services Return-on-Tangible-Asset Related Terms

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


SSC Security Services Business Description

Traded in Other Exchanges
Address
1914 Hamilton Street, Suite 300, Regina, SK, CAN, S4P 3N6
SSC Security Services Corp is a provider of physical and cyber security services to corporate and public sector clients across Canada. The company operates in three segments which include Security, Legacy Operations, and Corporate, and the majority of its revenue is generated from The security segment.
Executives
Bradley Douglas Farquhar Director
David Brown Director
Gordon Nystuen Senior Officer
Doug Emsley Director, Director or Senior Officer of 10% Security Holder, Senior Officer

SSC Security Services Headlines