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Partners Value Investments (Partners Value Investments) Return-on-Tangible-Asset : -31.86% (As of Dec. 2023)


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What is Partners Value Investments 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. Partners Value Investments's annualized Net Income for the quarter that ended in Dec. 2023 was $-2,111.38 Mil. Partners Value Investments's average total tangible assets for the quarter that ended in Dec. 2023 was $6,627.08 Mil. Therefore, Partners Value Investments's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 was -31.86%.

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

BNBMF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.54   Med: 0.9   Max: 7.2
Current: 3.21

During the past 13 years, Partners Value Investments's highest Return-on-Tangible-Asset was 7.20%. The lowest was -0.54%. And the median was 0.90%.

BNBMF's Return-on-Tangible-Asset is not ranked
in the Asset Management industry.
Industry Median: 2.74 vs BNBMF: 3.21

Partners Value Investments Return-on-Tangible-Asset Historical Data

The historical data trend for Partners Value Investments'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.

Partners Value Investments Return-on-Tangible-Asset Chart

Partners Value Investments Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.29 0.80 -0.49 40.37 -5.08

Partners Value Investments Quarterly Data
Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 66.58 15.94 -7.67 4.67 -31.86

Competitive Comparison of Partners Value Investments's Return-on-Tangible-Asset

For the Asset Management subindustry, Partners Value Investments'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.


Partners Value Investments's Return-on-Tangible-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Partners Value Investments's Return-on-Tangible-Asset distribution charts can be found below:

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



Partners Value Investments Return-on-Tangible-Asset Calculation

Partners Value Investments'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 )
=-334.013/( (5924.169+7215.834)/ 2 )
=-334.013/6570.0015
=-5.08 %

Partners Value Investments'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: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=-2111.384/( (6038.323+7215.834)/ 2 )
=-2111.384/6627.0785
=-31.86 %

* 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.


Partners Value Investments  (OTCPK:BNBMF) 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.


Partners Value Investments Return-on-Tangible-Asset Related Terms

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Partners Value Investments (Partners Value Investments) Business Description

Traded in Other Exchanges
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Address
Partners Value Investments Inc is an investment holding company. It also has a growing portfolio of other investments in a variety of companies and industries around the world. Its goal is to invest on a value basis in companies that can demonstrate an ability to produce consistent and durable cash flows and profits in markets that are growing.

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