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VHLD (Vector 21 Hldgs) Return-on-Tangible-Asset : 0.00% (As of Jun. 2024)


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What is Vector 21 Hldgs 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. Vector 21 Hldgs's annualized Net Income for the quarter that ended in Jun. 2024 was $-0.03 Mil. Vector 21 Hldgs's average total tangible assets for the quarter that ended in Jun. 2024 was $0.00 Mil. Therefore, Vector 21 Hldgs's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 was 0.00%.

The historical rank and industry rank for Vector 21 Hldgs's Return-on-Tangible-Asset or its related term are showing as below:

VHLD' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2000   Med: -225.28   Max: -48.05
Current: -2000

During the past 11 years, Vector 21 Hldgs's highest Return-on-Tangible-Asset was -48.05%. The lowest was -2000.00%. And the median was -225.28%.

VHLD's Return-on-Tangible-Asset is ranked worse than
97.35% of 528 companies
in the Diversified Financial Services industry
Industry Median: -0.59 vs VHLD: -2000.00

Vector 21 Hldgs Return-on-Tangible-Asset Historical Data

The historical data trend for Vector 21 Hldgs'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.

Vector 21 Hldgs Return-on-Tangible-Asset Chart

Vector 21 Hldgs Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Jun22 Jun23 Jun24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -189.93 - -666.67 -566.67 -

Vector 21 Hldgs Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -1,400.00 - - - -

Competitive Comparison of Vector 21 Hldgs's Return-on-Tangible-Asset

For the Shell Companies subindustry, Vector 21 Hldgs'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.


Vector 21 Hldgs's Return-on-Tangible-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Vector 21 Hldgs's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Vector 21 Hldgs's Return-on-Tangible-Asset falls into.


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Vector 21 Hldgs Return-on-Tangible-Asset Calculation

Vector 21 Hldgs's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=-0.04/( (0+0)/ 1 )
=-0.04/0
=N/A %

Vector 21 Hldgs's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Mar. 2024 )(Q: Jun. 2024 )
=-0.032/( (0+0)/ 1 )
=-0.032/0
=N/A %

* 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 (Jun. 2024) net income data.


Vector 21 Hldgs  (OTCPK:VHLD) 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.


Vector 21 Hldgs Return-on-Tangible-Asset Related Terms

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Vector 21 Hldgs Business Description

Traded in Other Exchanges
N/A
Address
12136 West Bayaud Avenue, Suite 300, Lakewood, CO, USA, 80228
Vector 21 Hldgs Inc is a shell company.
Executives
M A Littman 10 percent owner PO BOX 1839, ARVADA CO 80001
Redgie T Green director, officer: Chief Executive Officer 16538 W. 76TH DR., ARVADA CO 80007
Richard A Robert director 7700 SAN FELIPE, SUITE 485, HOUSTON TX 77063

Vector 21 Hldgs Headlines

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