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VLCN (Volcon) Return-on-Tangible-Asset : -70.44% (As of Mar. 2025)


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What is Volcon 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. Volcon's annualized Net Income for the quarter that ended in Mar. 2025 was $-9.84 Mil. Volcon's average total tangible assets for the quarter that ended in Mar. 2025 was $13.97 Mil. Therefore, Volcon's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was -70.44%.

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

VLCN' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -488.05   Med: -261.11   Max: -154.12
Current: -154.12

During the past 5 years, Volcon's highest Return-on-Tangible-Asset was -154.12%. The lowest was -488.05%. And the median was -261.11%.

VLCN's Return-on-Tangible-Asset is ranked worse than
98.87% of 1324 companies
in the Vehicles & Parts industry
Industry Median: 3.06 vs VLCN: -154.12

Volcon Return-on-Tangible-Asset Historical Data

The historical data trend for Volcon'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.

Volcon Return-on-Tangible-Asset Chart

Volcon Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
- -488.05 -183.44 -201.00 -321.21

Volcon 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 -527.47 -14.62 -422.93 -257.34 -70.44

Competitive Comparison of Volcon's Return-on-Tangible-Asset

For the Auto Manufacturers subindustry, Volcon'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.


Volcon's Return-on-Tangible-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Volcon's Return-on-Tangible-Asset distribution charts can be found below:

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


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Volcon Return-on-Tangible-Asset Calculation

Volcon'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 )
=-45.51/( (22.126+6.211)/ 2 )
=-45.51/14.1685
=-321.21 %

Volcon'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 )
=-9.84/( (6.211+21.729)/ 2 )
=-9.84/13.97
=-70.44 %

* 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.


Volcon  (NAS:VLCN) 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.


Volcon Return-on-Tangible-Asset Related Terms

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


Volcon Business Description

Traded in Other Exchanges
N/A
Address
3121 Eagles Nest Street, Suite 120, Round Rock, TX, USA, 78665
Volcon Inc is an all-electric, off-road powersports vehicle company developing and building electric two and four-wheel motorcycles and utility terrain vehicles, also known as side-by-sides, along with a complete line of upgrades and accessories. The company's products include motorcycle and UTV products that are all-electric and designed for off-road use.
Executives
Melissa Coffey officer: VP - Sales & Marketing 1702 PERSIMMON ROAD, CEDAR PARK TX 78613
Stephanie Michelle Davis officer: Chief Operating Officer 504 OCONEE CIRCLE, EVANS GA 30809
Christian Okonsky director, 10 percent owner, officer: Chief Technology Officer C/O VOLCON, INC., 2590 OAKMONT DRIVE, SUITE 520, ROUND ROCK TX 78665
Adrian James director, 10 percent owner 3736 BEE CAVES RD, SUITE 1-105, AUSTIN TX 78746
Jonathan P. Foster director 2450 SOUTH SHORE BLVD., SUITE 402, LEAGUE CITY TX 77573
Greg Endo officer: Chief Financial Officer C/O VOLCON, INC., 2590 OAKMONT DRIVE, SUITE 520, ROUND ROCK TX 78665
Karin-joyce Tjon director C/O VOLCON, INC., 2590 OAKMONT DRIVE, SUITE 520, ROUND ROCK TX 78665
Jordan Don Davis officer: Chief Executive Officer C/O VOLCON, INC., 2590 OAKMONT DRIVE, SUITE 520, ROUND ROCK TX 78665
Kyoung John Kim director C/O VOLCON, INC., 2590 OAKMONT DRIVE, SUITE 520, ROUND ROCK TX 78665