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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. Stem Holdings's annualized Net Income for the quarter that ended in Sep. 2023 was $-46.44 Mil. Stem Holdings's average total tangible assets for the quarter that ended in Sep. 2023 was $15.35 Mil. Therefore, Stem Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2023 was -302.44%.
The historical rank and industry rank for Stem Holdings's Return-on-Tangible-Asset or its related term are showing as below:
During the past 8 years, Stem Holdings's highest Return-on-Tangible-Asset was -4.29%. The lowest was -230.61%. And the median was -89.36%.
The historical data trend for Stem 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.
Stem Holdings Annual Data | |||||||||||||||||
Trend | Sep16 | Sep17 | Sep18 | Sep19 | Sep20 | Sep21 | Sep22 | Sep23 | |||||||||
Return-on-Tangible-Asset | Get a 7-Day Free Trial | -150.15 | -45.62 | -230.61 | -65.86 | -109.32 |
Stem Holdings Quarterly Data | ||||||||||||||||||||
Dec18 | Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | |
Return-on-Tangible-Asset | Get a 7-Day Free Trial | -181.39 | -60.13 | -70.69 | -25.66 | -302.44 |
For the Drug Manufacturers - Specialty & Generic subindustry, Stem 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.
For the Drug Manufacturers industry and Healthcare sector, Stem Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Stem Holdings's Return-on-Tangible-Asset falls into.
Stem Holdings's annualized Return-on-Tangible-Asset for the fiscal year that ended in Sep. 2023 is calculated as:
Return-on-Tangible-Asset | = | Net Income | / | ( (Total Tangible Assets | + | Total Tangible Assets) | / count ) |
(A: Sep. 2023 ) | (A: Sep. 2022 ) | (A: Sep. 2023 ) | |||||
= | Net Income | / | ( (Total Assets - Intangible Assets | + | Total Assets - Intangible Assets) | / count ) | |
(A: Sep. 2023 ) | (A: Sep. 2022 ) | (A: Sep. 2023 ) | |||||
= | -19.018 | / | ( (21.445 | + | 13.347) | / 2 ) | |
= | -19.018 | / | 17.396 | ||||
= | -109.32 % |
Stem Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2023 is calculated as:
Return-on-Tangible-Asset | = | Net Income | / | ( (Total Tangible Assets | + | Total Tangible Assets) | / count ) |
(Q: Sep. 2023 ) | (Q: Jun. 2023 ) | (Q: Sep. 2023 ) | |||||
= | Net Income | / | ( (Total Assets - Intangible Assets | + | Total Assets - Intangible Assets) | / count ) | |
(Q: Sep. 2023 ) | (Q: Jun. 2023 ) | (Q: Sep. 2023 ) | |||||
= | -46.436 | / | ( (17.361 | + | 13.347) | / 2 ) | |
= | -46.436 | / | 15.354 | ||||
= | -302.44 % |
* 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 (Sep. 2023) net income data.
Stem Holdings (OTCPK:STMH) 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.
Thank you for viewing the detailed overview of Stem Holdings's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Matthew Cohen | director, officer: CEO & CFO | 1702 COSTA DEL SOL, BOCA RATON FL 33432 |
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Diener Robert Louis Benjamin | director | 41ULUA PLACE, HAIKU HI 96708 |
Dennis Suskind | director | ONE NORTH END AVENUE, WORLD FINANCIAL CENTER, NEW YORK NY 10282 |
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Jessica Michelle Feingold | director | 3730 W. 24TH AVE, DENVER CO 80211 |
Lindy L Sinder | director | 408 BARGARA LANE, BRYN MAWR PA 19010 |
Garrett Martin Bender | director | 506 ANDREWS AVENUE, DELRAY BEACH FL 33483 |
Adam Berk | director, officer: President | 9370 GRAND ESTATES WAY, BOCA RATON FL 33496 |
Steven Shelly Hubbard | director, officer: CFO | 3496 FARIVIEW WAY, WEST LINN OR 97068 |
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