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VACH (Voyager Acquisition) Return-on-Tangible-Asset : 3.73% (As of Mar. 2025)


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What is Voyager Acquisition 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. Voyager Acquisition's annualized Net Income for the quarter that ended in Mar. 2025 was $9.73 Mil. Voyager Acquisition's average total tangible assets for the quarter that ended in Mar. 2025 was $261.05 Mil. Therefore, Voyager Acquisition's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 3.73%.

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

VACH' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 3.19   Med: 3.19   Max: 4.25
Current: 4.25

During the past 2 years, Voyager Acquisition's highest Return-on-Tangible-Asset was 4.25%. The lowest was 3.19%. And the median was 3.19%.

VACH's Return-on-Tangible-Asset is ranked better than
90.89% of 527 companies
in the Diversified Financial Services industry
Industry Median: -0.55 vs VACH: 4.25

Voyager Acquisition Return-on-Tangible-Asset Historical Data

The historical data trend for Voyager Acquisition'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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Voyager Acquisition Return-on-Tangible-Asset Chart

Voyager Acquisition Annual Data
Trend Dec23 Dec24
Return-on-Tangible-Asset
- 3.19

Voyager Acquisition Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Asset Get a 7-Day Free Trial -134.63 -64.86 4.11 4.53 3.73

Competitive Comparison of Voyager Acquisition's Return-on-Tangible-Asset

For the Shell Companies subindustry, Voyager Acquisition'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.


Voyager Acquisition's Return-on-Tangible-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Voyager Acquisition's Return-on-Tangible-Asset distribution charts can be found below:

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


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Voyager Acquisition Return-on-Tangible-Asset Calculation

Voyager Acquisition'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 )
=4.141/( (0.072+259.812)/ 2 )
=4.141/129.942
=3.19 %

Voyager Acquisition'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 )
=9.732/( (259.812+262.292)/ 2 )
=9.732/261.052
=3.73 %

* 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.


Voyager Acquisition  (NAS:VACH) 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.


Voyager Acquisition Return-on-Tangible-Asset Related Terms

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Voyager Acquisition Business Description

Traded in Other Exchanges
N/A
Address
131 Concord Street Brooklyn, New York, NY, USA, 11201
Voyager Acquisition Corp is a blank check company.