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FX International AB (XSAT:FXI) Return-on-Tangible-Asset : -31.66% (As of Mar. 2025)


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What is FX International AB 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. FX International AB's annualized Net Income for the quarter that ended in Mar. 2025 was kr-6.21 Mil. FX International AB's average total tangible assets for the quarter that ended in Mar. 2025 was kr19.62 Mil. Therefore, FX International AB's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was -31.66%.

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

XSAT:FXI' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -118.87   Med: -39.01   Max: 0.65
Current: -45.89

During the past 13 years, FX International AB's highest Return-on-Tangible-Asset was 0.65%. The lowest was -118.87%. And the median was -39.01%.

XSAT:FXI's Return-on-Tangible-Asset is ranked worse than
96.2% of 1684 companies
in the Asset Management industry
Industry Median: 4.23 vs XSAT:FXI: -45.89

FX International AB Return-on-Tangible-Asset Historical Data

The historical data trend for FX International AB'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.

FX International AB Return-on-Tangible-Asset Chart

FX International AB Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -61.50 -36.22 -4.33 -41.80 -73.83

FX International AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Sep21 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 -121.57 -49.57 -30.06 -72.63 -31.66

Competitive Comparison of FX International AB's Return-on-Tangible-Asset

For the Asset Management subindustry, FX International AB'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.


FX International AB's Return-on-Tangible-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, FX International AB's Return-on-Tangible-Asset distribution charts can be found below:

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


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FX International AB Return-on-Tangible-Asset Calculation

FX International AB'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 )
=-15.835/( (23.165+19.732)/ 2 )
=-15.835/21.4485
=-73.83 %

FX International AB'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 )
=-6.212/( (19.732+19.507)/ 2 )
=-6.212/19.6195
=-31.66 %

* 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.


FX International AB  (XSAT:FXI) 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.


FX International AB Return-on-Tangible-Asset Related Terms

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


FX International AB Business Description

Traded in Other Exchanges
N/A
Address
Drottninggatan 62, Helsingborg, FIN, 252 21
FX International AB is engaged in currency trading through algorithm-driven computer program with goal to maximize return on its capital for shareholders. The company's business model focuses on algorithm-driven trading using artificial intelligence within the foreign exchange market. It also have trading platform namely, Genova FX.

FX International AB Headlines

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