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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. Air Water Ventures's annualizedNet Income for the quarter that ended in Dec. 2025 was $-41.01 Mil. Air Water Ventures's average total tangible assets for the quarter that ended in Dec. 2025 was $23.28 Mil. Therefore, Air Water Ventures's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -176.14%.
The historical rank and industry rank for Air Water Ventures's Return-on-Tangible-Asset or its related term are showing as below:
WATR's Return-on-Tangible-Asset is not ranked *
in the Industrial Distribution industry.
Industry Median: 4.22 * Ranked among companies with meaningful Return-on-Tangible-Asset only.
Air Water Ventures (NAS:WATR) 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.
Air Water Ventures Return-on-Tangible-Asset Related Terms
Air Water Ventures Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Air Water Ventures'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.
Air Water Ventures Return-on-Tangible-Asset Chart
Air Water Ventures Annual Data
Trend
Dec23
Dec24
Dec25
Return-on-Tangible-Asset
-463.21
-143.31
-122.79
Air Water Ventures Semi-Annual Data
Dec23
Jun24
Dec24
Jun25
Dec25
Return-on-Tangible-Asset
0.00
-587.71
-98.02
-95.44
-176.14
WATR vs : Return-on-Tangible-Asset Comparison
For the Industrial Distribution subindustry, Air Water Ventures'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.
Air Water Ventures Return-on-Tangible-Asset vs Industrial Distribution Industry
For the Industrial Distribution industry and Industrials sector, Air Water Ventures's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Air Water Ventures'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 two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of -176.14% mean?
Air Water Ventures (WATR) has a Return-on-Tangible-Asset of -176.14% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Air Water Ventures and its competitors.
Is Air Water Ventures' Return-on-Tangible-Asset too high?
Air Water Ventures' current Return-on-Tangible-Asset is -176.14%. Overall, Air Water Ventures has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Air Water Ventures' Return-on-Tangible-Asset compare to ?
Air Water Ventures' Return-on-Tangible-Asset of -176.14% can be compared against companies in the Industrial Distribution industry. The industry median Return-on-Tangible-Asset is 4.22. 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 an Industrial Distribution company?
The median Return-on-Tangible-Asset among Industrial Distribution companies is 4.22, based on 159 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 Air Water Ventures and its competitors. For the Industrial Distribution industry, the median Return-on-Tangible-Asset is 4.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Water Ventures's current Return-on-Tangible-Asset is -176.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Water Ventures stock overvalued right now?
Air Water Ventures (WATR) has a current Return-on-Tangible-Asset of -176.14%. The current Return-on-Tangible-Asset is -176.14%. Air Water Ventures' overall GF Score™ is 8/100. 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 Air Water Ventures (WATR), the current Return-on-Tangible-Asset is -176.14% as of Dec. 2025. 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.
Addressc/o Air Water Ventures Ltd, PO Box 109214, Unit 3, Kizad KLP FZ, Kizad, Abu Dhabi, ARE
Air Water Ventures Ltd is a sustainable water solutions provider that produces drinking water by extracting humidity from the air. Its business includes premium packaged water sold in cans and bottles, manufacturing atmospheric water generators (AWGs) ranging from consumer to industrial scale, and operating water production and bottling facilities. The company has two reportable segments: bottling revenue and other revenue. Bottling revenue includes sales of packaged water, installation of bottling units at customer or own facilities, and supply of water via air-to-water generators to hospitality customers. Other revenue, the key revenue segment, includes sales of air-to-water generator machines, related maintenance and after-sales services, and leasing of air-to-water generator units.
8GF Score
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