What is Kennedy-Wilson Holdings 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. Kennedy-Wilson Holdings's annualizedNet Income for the quarter that ended in Dec. 2023 was $-947.6 Mil. Kennedy-Wilson Holdings's average total tangible assets for the quarter that ended in Dec. 2023 was $7,784.7 Mil. Therefore, Kennedy-Wilson Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 was -12.17%.
The historical rank and industry rank for Kennedy-Wilson Holdings's Return-on-Tangible-Asset or its related term are showing as below:
KW'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -3.81 Med: 1.24 Max: 4.37
Current: -3.79
During the past 13 years, Kennedy-Wilson Holdings's highest Return-on-Tangible-Asset was 4.37%. The lowest was -3.81%. And the median was 1.24%.
KW's Return-on-Tangible-Asset is ranked worse than 80.74% of 1833
companies
in the Real Estate industry
Industry Median: 1.17
vs KW: -3.79
Kennedy-Wilson Holdings Return-on-Tangible-Asset Historical Data
The historical data trend for Kennedy-Wilson 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.
Competitive Comparison of Kennedy-Wilson Holdings's Return-on-Tangible-Asset
For the Real Estate Services subindustry, Kennedy-Wilson 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.
Kennedy-Wilson Holdings's Return-on-Tangible-Asset Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Kennedy-Wilson Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Kennedy-Wilson Holdings's Return-on-Tangible-Asset falls into.
* 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.
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.
Kennedy-Wilson Holdings Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Kennedy-Wilson Holdings's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Kennedy-Wilson Holdings (Kennedy-Wilson Holdings) Business Description
Kennedy-Wilson Holdings Inc is a real estate investment company that owns, operates, and invests in real estate both on its own and through its investment management platform. The Company focuses on multifamily and office properties, as well as industrial and debt investments. It has two business segments; Consolidated Portfolio includes investment activities that involve ownership of multifamily units, office, retail and industrial space, and one hotel, and The Co-Investment Portfolio segment consists of investments the Company makes with partners in which it receives fees, performance allocations that it earns on its fee-bearing capital and distributions and profits from its ownership interest in the underlying operations of its co-investments.
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