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At Home Group (At Home Group) Return-on-Tangible-Asset : 8.82% (As of Apr. 2021)


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What is At Home 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. At Home Group's annualized Net Income for the quarter that ended in Apr. 2021 was $225 Mil. At Home Group's average total tangible assets for the quarter that ended in Apr. 2021 was $2,554 Mil. Therefore, At Home Group's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2021 was 8.82%.

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

HOME's Return-on-Tangible-Asset is not ranked *
in the Retail - Cyclical industry.
Industry Median: 2.275
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

At Home Group Return-on-Tangible-Asset Historical Data

The historical data trend for At Home 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.

At Home Group Return-on-Tangible-Asset Chart

At Home Group Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21
Return-on-Tangible-Asset
Get a 7-Day Free Trial 4.81 4.40 5.00 -12.21 -6.13

At Home Group Quarterly Data
Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21
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 -59.51 14.92 8.02 11.89 8.82

Competitive Comparison of At Home Group's Return-on-Tangible-Asset

For the Specialty Retail subindustry, At Home 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.


At Home Group's Return-on-Tangible-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, At Home Group's Return-on-Tangible-Asset distribution charts can be found below:

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



At Home Group Return-on-Tangible-Asset Calculation

At Home Group's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jan. 2021 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jan. 2021 )  (A: Jan. 2020 )(A: Jan. 2021 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jan. 2021 )  (A: Jan. 2020 )(A: Jan. 2021 )
=-149.729/( (2358.357+2523.455)/ 2 )
=-149.729/2440.906
=-6.13 %

At Home Group's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2021 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Apr. 2021 )  (Q: Jan. 2021 )(Q: Apr. 2021 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Apr. 2021 )  (Q: Jan. 2021 )(Q: Apr. 2021 )
=225.292/( (2523.455+2584.313)/ 2 )
=225.292/2553.884
=8.82 %

* 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 (Apr. 2021) net income data.


At Home Group  (NYSE:HOME) 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.


At Home Group Return-on-Tangible-Asset Related Terms

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


At Home Group (At Home Group) Business Description

Traded in Other Exchanges
N/A
Address
1600 East Plano Parkway, Plano, TX, USA, 75074
At Home Group Inc operates home decor superstores in the United States. The company's stores offer approximately 50,000 items, such as accent furniture, mirrors, patio cushions, rugs and wall arts, artificial flowers and trees, bedding and bath products, candles, garden and outdoor decor, holiday accessories, home organization, pillows, pottery, vases, and window treatments.
Executives
Sumit Anand officer: Chief Information Officer AT HOME GROUP INC. 1600 EAST PLANO PARKWAY PLANO TX 75074
Laura L. Bracken officer: Chief Accounting Officer AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Chad C Stauffer officer: Chief Merchandising Officer AT HOME GROUP INC. 1600 EAST PLANO PARKWAY PLANO TX 75074
Jeffrey R Knudson officer: Chief Financial Officer C/O AMN HEALTHCARE SERVICES INC., 8840 CYPRESS WATERS BOULEVARD, SUITE 300, DALLAS TX 75019
Norman E Mcleod officer: Chief Development Officer AT HOME GROUP INC. 1600 EAST PLANO PARKWAY PLANO TX 75074
Ashley F Sheetz officer: Chief Marketing Officer AT HOME GROUP INC. 1600 EAST PLANO PARKWAY PLANO TX 75074
Peter Sg Corsa officer: President and COO AT HOME GROUP INC. 1600 EAST PLANO PARKWAY PLANO TX 75074
Mary Jane Broussard officer: GC and Corporate Secretary AT HOME GROUP INC. 1600 EAST PLANO PARKWAY PLANO TX 75074
Clifford Sosin 10 percent owner 8 WRIGHT STREET, 1ST FL, WESTPORT CT 06880
Aea Investors Lp 10 percent owner 666 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10103
Aea Management (cayman) Ltd 10 percent owner P. O. BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Bird Lewis L Iii director, officer: Chairman, CEO and President AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Catherine Aslin officer: Chief Human Resources Officer AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074
Joanne C. Crevoiserat director 6301 FITCH PATH, NEW ALBANY OH 43054
Philip L Francis director AT HOME GROUP INC., 1600 EAST PLANO PARKWAY, PLANO TX 75074

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