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Genius Group (Genius Group) Return-on-Tangible-Asset : 0.00% (As of Dec. 2023)


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What is Genius Group 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. Genius Group's annualized Net Income for the quarter that ended in Dec. 2023 was $0.00 Mil. Genius Group's average total tangible assets for the quarter that ended in Dec. 2023 was $21.88 Mil. Therefore, Genius Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 was 0.00%.

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

GNS' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -194.9   Med: -20.66   Max: -7.97
Current: -182.17

During the past 5 years, Genius Group's highest Return-on-Tangible-Asset was -7.97%. The lowest was -194.90%. And the median was -20.66%.

GNS's Return-on-Tangible-Asset is ranked worse than
97.76% of 268 companies
in the Education industry
Industry Median: 3.005 vs GNS: -182.17

Genius Group Return-on-Tangible-Asset Historical Data

The historical data trend for Genius Group'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.

Genius Group Return-on-Tangible-Asset Chart

Genius Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
-7.97 -20.66 -29.13 -194.90 -19.56

Genius Group Quarterly Data
Dec19 Jun20 Dec20 Jun21 Sep21 Dec21 Jun22 Sep22 Dec22 Jun23 Dec23
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - -22.56 -421.20 - -

Competitive Comparison of Genius Group's Return-on-Tangible-Asset

For the Education & Training Services subindustry, Genius Group'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.


Genius Group's Return-on-Tangible-Asset Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Genius Group's Return-on-Tangible-Asset distribution charts can be found below:

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



Genius Group Return-on-Tangible-Asset Calculation

Genius Group'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 )
=-5.657/( (42.379+15.453)/ 2 )
=-5.657/28.916
=-19.56 %

Genius Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=0/( (28.303+15.453)/ 2 )
=0/21.878
=0.00 %

* 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 (Dec. 2023) net income data.


Genius Group  (AMEX:GNS) 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.


Genius Group Return-on-Tangible-Asset Related Terms

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Genius Group (Genius Group) Business Description

Traded in Other Exchanges
N/A
Address
8 Amoy Street, No 01-01, Singapore, SGP, 049950
Genius Group Ltd is a global education company connecting students, teachers, leaders, entrepreneurs, and change-makers with the tools and global community with a mission to develop an entrepreneur education system that prepares students for the 21st Century.