GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Gateway Bank F S B Oakland Calif (OTCPK:GWBK) » Definitions » Return-on-Tangible-Asset

Gateway Bank F S B Oakland Calif (Gateway Bank F S B Oakland Calif) Return-on-Tangible-Asset : 0.00% (As of . 20)


View and export this data going back to 2019. Start your Free Trial

What is Gateway Bank F S B Oakland Calif 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. Gateway Bank F S B Oakland Calif's annualized Net Income for the quarter that ended in . 20 was $ Mil. Gateway Bank F S B Oakland Calif's average total tangible assets for the quarter that ended in . 20 was $ Mil. Therefore, Gateway Bank F S B Oakland Calif's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 was 0.00%.

The historical rank and industry rank for Gateway Bank F S B Oakland Calif's Return-on-Tangible-Asset or its related term are showing as below:

GWBK's Return-on-Tangible-Asset is not ranked *
in the Banks industry.
Industry Median: 0.9
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Gateway Bank F S B Oakland Calif Return-on-Tangible-Asset Historical Data

The historical data trend for Gateway Bank F S B Oakland Calif'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.

Gateway Bank F S B Oakland Calif Return-on-Tangible-Asset Chart

Gateway Bank F S B Oakland Calif Annual Data
Trend
Return-on-Tangible-Asset

Gateway Bank F S B Oakland Calif Semi-Annual Data
Return-on-Tangible-Asset

Competitive Comparison of Gateway Bank F S B Oakland Calif's Return-on-Tangible-Asset

For the Banks - Regional subindustry, Gateway Bank F S B Oakland Calif'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.


Gateway Bank F S B Oakland Calif's Return-on-Tangible-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Gateway Bank F S B Oakland Calif's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Gateway Bank F S B Oakland Calif's Return-on-Tangible-Asset falls into.



Gateway Bank F S B Oakland Calif Return-on-Tangible-Asset Calculation

Gateway Bank F S B Oakland Calif's annualized Return-on-Tangible-Asset for the fiscal year that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+)/ )
=/
= %

Gateway Bank F S B Oakland Calif's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) net income data.


Gateway Bank F S B Oakland Calif  (OTCPK:GWBK) 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.


Gateway Bank F S B Oakland Calif Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Gateway Bank F S B Oakland Calif's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Gateway Bank F S B Oakland Calif (Gateway Bank F S B Oakland Calif) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
360 8th Street, Oakland, CA, USA, 94607
Gateway Bank F S B Oakland Calif is a United States based company engaged in providing personal and business banking services. The company aims to provide banking services to people and communities who are underserved by mainstream commercial banks and lenders. These services include Checking Accounts, Savings Accounts, Money Market Accounts, Certificate of Deposit Accounts, and Individual Retirement Accounts among others.

Gateway Bank F S B Oakland Calif (Gateway Bank F S B Oakland Calif) Headlines

No Headlines