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Kohl's (Kohl's) Return-on-Tangible-Asset : 5.05% (As of Jan. 2024)


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What is Kohl's 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. Kohl's's annualized Net Income for the quarter that ended in Jan. 2024 was $744 Mil. Kohl's's average total tangible assets for the quarter that ended in Jan. 2024 was $14,738 Mil. Therefore, Kohl's's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2024 was 5.05%.

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

KSS' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.09   Med: 4.97   Max: 6.45
Current: 2.2

During the past 13 years, Kohl's's highest Return-on-Tangible-Asset was 6.45%. The lowest was -1.09%. And the median was 4.97%.

KSS's Return-on-Tangible-Asset is ranked worse than
50.98% of 1118 companies
in the Retail - Cyclical industry
Industry Median: 2.3 vs KSS: 2.20

Kohl's Return-on-Tangible-Asset Historical Data

The historical data trend for Kohl's'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.

Kohl's Return-on-Tangible-Asset Chart

Kohl's Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.11 -1.09 6.45 -0.14 2.35

Kohl's Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -7.47 0.40 1.57 1.56 5.05

Competitive Comparison of Kohl's's Return-on-Tangible-Asset

For the Department Stores subindustry, Kohl's'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.


Kohl's's Return-on-Tangible-Asset Distribution in the Retail - Cyclical Industry

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

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



Kohl's Return-on-Tangible-Asset Calculation

Kohl's's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jan. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=317/( (12999.21+14009)/ 2 )
=317/13504.105
=2.35 %

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

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=744/( (15467+14009)/ 2 )
=744/14738
=5.05 %

* 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 (Jan. 2024) net income data.


Kohl's  (NYSE:KSS) 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.


Kohl's Return-on-Tangible-Asset Related Terms

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


Kohl's (Kohl's) Business Description

Traded in Other Exchanges
Address
N56 W17000 Ridgewood Drive, Menomonee Falls, WI, USA, 53051
Kohl's operates about 1,170 department stores in 49 states that sell moderately priced private-label and national brand clothing, shoes, accessories, cosmetics, and home furnishings. Most of these stores are in strip centers. Kohl's also operates a large digital sales business. Women's apparel is Kohl's largest category, having generated 27% of its 2022 sales. The retailer, headquartered in Menomonee Falls, Wisconsin, opened its first department store in 1962.
Executives
Adolfo Villagomez director N56 W17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Thomas Kingsbury officer: Senior Exec. Vice President 2006 ROUTE 130 NORTH, BURLINGTON NJ 08016
David Alves officer: President & COO N56 W17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Jones Nicholas David George officer: Chief Merch. / Digital Officer N56 W17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Jennifer J. Kent officer: Chief Legal Officer, Secretary QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089-3995
John E. Schlifske director N56 W17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Jonas Prising director MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Peter Boneparth director 1411 BROADWAY, NEW YORK NY 10018
Christie Raymond officer: Chief Marketing Officer N56 W17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Feeney Siobhan Mc officer: Chief Technology Officer N56 W17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Christine Mccormick Day director N56 W17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Margaret L Jenkins director 203 EAST MAINST P 12-02, SPARTANBURG SC 29319
Robbin Mitchell director W56 N17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Jason J. Kelroy officer: Sr.EVP,Gen. Counsel,Secretary W56 N17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Yael Cosset director 1014 VINE STREET, CINCINNATI OH 45202