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EzFill Holdings (EzFill Holdings) Return-on-Tangible-Asset : -131.37% (As of Mar. 2024)


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What is EzFill Holdings 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. EzFill Holdings's annualized Net Income for the quarter that ended in Mar. 2024 was $-7.60 Mil. EzFill Holdings's average total tangible assets for the quarter that ended in Mar. 2024 was $5.78 Mil. Therefore, EzFill Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 was -131.37%.

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

EZFL' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -669.81   Med: -122.18   Max: -88.13
Current: -152.11

During the past 5 years, EzFill Holdings's highest Return-on-Tangible-Asset was -88.13%. The lowest was -669.81%. And the median was -122.18%.

EZFL's Return-on-Tangible-Asset is ranked worse than
92.93% of 2830 companies
in the Software industry
Industry Median: 1.285 vs EZFL: -152.11

EzFill Holdings Return-on-Tangible-Asset Historical Data

The historical data trend for EzFill Holdings'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.

EzFill Holdings Return-on-Tangible-Asset Chart

EzFill Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
- -669.81 -88.13 -115.99 -128.37

EzFill Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -102.31 -131.80 -130.88 -226.40 -131.37

Competitive Comparison of EzFill Holdings's Return-on-Tangible-Asset

For the Software - Application subindustry, EzFill Holdings'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.


EzFill Holdings's Return-on-Tangible-Asset Distribution in the Software Industry

For the Software industry and Technology sector, EzFill Holdings's Return-on-Tangible-Asset distribution charts can be found below:

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



EzFill Holdings Return-on-Tangible-Asset Calculation

EzFill Holdings'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 )
=-10.472/( (10.598+5.717)/ 2 )
=-10.472/8.1575
=-128.37 %

EzFill Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-7.596/( (5.717+5.847)/ 2 )
=-7.596/5.782
=-131.37 %

* 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. 2024) net income data.


EzFill Holdings  (NAS:EZFL) 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.


EzFill Holdings Return-on-Tangible-Asset Related Terms

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


EzFill Holdings (EzFill Holdings) Business Description

Traded in Other Exchanges
N/A
Address
2299 NE 191st Street, Suite 500, Aventura, FL, USA, 33180
EzFill Holdings Inc is an application based on-demand fuel delivery company in Florida and the mobile fueling company that combines on-demand fills and subscription services which fill customer vehicles on routine intervals. It provides fuel-delivery on-demand or in subscription to fill customer vehicles on routine intervals for the consumer, fleet, marine, and other specialty markets. EzFill's app-based platform brings the gas station to customers with a growing fleet of EzFill-branded, Mobile Fueling Trucks. The company provides gas delivery via Mobile Fueling Trucks in the greater South Florida area as well as in the West Palm Beach, Jacksonville, Tampa, and Orlando areas, and expect to soon begin fueling in other areas in Florida.
Executives
Yehuda Levy officer: Interim CEO 2999 NE 191ST STREET, AVENTURA FL 33180
Avishai Vaknin officer: Chief Technology Officer 2999 NE 191ST STREET, AVENTURA FL 33180
Daniel Ronald Arbour director 435 CHEMIN DU REFUGE, LAC SUPERIEUR A8 J0T 1P0
Luis Alejandro Reyes director 2315 TORO CANYON RD,, AUSTIN TX 78746
Michael Andrew Devoe officer: Chief Operating Officer 526 ORCHARD DR., NORTHVILLE MI 48167
Jack Levine director C/O BLINK CHARGING CO., 407 LINCOLN ROAD, SUITE 704, MIAMI BEACH FL 33139
Arthur Levine officer: CFO 19950 WEST COUNTRY CLUB DRIVE, SUITE 800, AVENTURA FL 33180
Michael D Farkas 10 percent owner
Allen R Weiss director C/O DICK'S SPORTING GOODS, INC., 345 COURT STREET, CORAOPOLIS PA 15108
Cheryl Edith Hanrehan director, officer: COO 2125 BISCAYNE BLVD,, STE. 309, MIAMI FL 33137
Michael Joel Mcconnell director, officer: CEO 2125 BISCAYNE BLVD,, STE. 309, MIAMI FL 33137
Richard G. Dery director, officer: Chief Commercial Officer 2125 BISCAYNE BLVD,, SUITE 309, MIAMI FL 33137
Jacob Sod 10 percent owner 14 WALL STREET, SUITE 2064, NEW YORK NY 10005
Mark Toby Lev director 70 WILLISTON RD, BROOKLINE MA 02445