YTENQ (Yield10 Bioscience) Return-on-Tangible-Asset: -359.23% (As of Jun. 2024)

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YTENQ Yield10 Bioscience Inc YTENQ
16 GF Score
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What is Yield10 Bioscience Return-on-Tangible-Asset?

Yield10 Bioscience YTENQ 16 Return-on-Tangible-Asset is -359.23% as of Jun. 2024. GuruFocus rates YTENQ with a GF Score™ of 16/100.

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. Yield10 Bioscience's annualized Net Income for the quarter that ended in Jun. 2024 was $-12.95 Mil. Yield10 Bioscience's average total tangible assets for the quarter that ended in Jun. 2024 was $3.61 Mil. Therefore, Yield10 Bioscience's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 was -359.23%.

The historical rank and industry rank for Yield10 Bioscience's Return-on-Tangible-Asset or its related term are showing as below:

YTENQ's Return-on-Tangible-Asset is not ranked *
in the Agriculture industry.
Industry Median: 3.44
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Yield10 Bioscience  (OTCPK:YTENQ) 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.


Yield10 Bioscience Return-on-Tangible-Asset Related Terms


Yield10 Bioscience Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Yield10 Bioscience'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.

Yield10 Bioscience Return-on-Tangible-Asset Chart

Yield10 Bioscience Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -87.31 -65.34 -63.15 -95.20 -241.08

Yield10 Bioscience Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 -262.83 -250.24 -262.62 -242.65 -359.23

YTENQ vs GNVR, CTVA, CF: Return-on-Tangible-Asset Comparison

For the Agricultural Inputs subindustry, Yield10 Bioscience'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.


Yield10 Bioscience Return-on-Tangible-Asset vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Yield10 Bioscience's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Yield10 Bioscience's Return-on-Tangible-Asset falls into.


YTENQ
16GF Score
Yield10 Bioscience Inc YTENQ
Return-on-Tangible-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Yield10 Bioscience Return-on-Tangible-Asset Calculation

Yield10 Bioscience's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=-14.455/( (8.085+3.907)/ 2 )
=-14.455/5.996
=-241.08 %

Yield10 Bioscience'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 )
=-12.952/( (4.243+2.968)/ 2 )
=-12.952/3.6055
=-359.23 %

* 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.

What does a Return-on-Tangible-Asset of -359.23% mean?
Yield10 Bioscience (YTENQ) has a Return-on-Tangible-Asset of -359.23% as of Jun. 2024. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Yield10 Bioscience and its competitors.
Is Yield10 Bioscience's Return-on-Tangible-Asset too high?
Yield10 Bioscience's current Return-on-Tangible-Asset is -359.23%. Overall, Yield10 Bioscience has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Yield10 Bioscience's Return-on-Tangible-Asset compare to GNVR and CTVA?
Yield10 Bioscience's Return-on-Tangible-Asset of -359.23% can be compared against companies in the Agriculture industry. The industry median Return-on-Tangible-Asset is 3.44. 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 Agriculture company?
The median Return-on-Tangible-Asset among Agriculture companies is 3.44, based on 260 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 Yield10 Bioscience and its competitors. For the Agriculture industry, the median Return-on-Tangible-Asset is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Yield10 Bioscience's current Return-on-Tangible-Asset is -359.23%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yield10 Bioscience stock overvalued right now?
Yield10 Bioscience (YTENQ) has a current Return-on-Tangible-Asset of -359.23%. The current Return-on-Tangible-Asset is -359.23%. Yield10 Bioscience's overall GF Score™ is 16/100. 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 Yield10 Bioscience (YTENQ), the current Return-on-Tangible-Asset is -359.23% as of Jun. 2024. 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.

Yield10 Bioscience Business Description

Address 19 Presidential Way, Woburn, MA, USA, 01801
Yield10 Bioscience Inc is an agricultural bioscience company. It is leveraging advanced genetics to develop the oilseed Camelina sativa as a platform crop for large-scale production of sustainable seed products. These seed products include feedstock oils for renewable diesel and sustainable aviation biofuels; omega-3 (EPA and DHA+EPA) oils for pharmaceutical, nutraceutical and aquafeed applications; and, in the future, PHA bioplastics for use as biodegradable bioplastics.
16GF Score

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