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Healthcare Trust of America (FRA:HT01) Return-on-Tangible-Asset : 1.15% (As of Mar. 2022)


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What is Healthcare Trust of America 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. Healthcare Trust of America's annualized Net Income for the quarter that ended in Mar. 2022 was €66.5 Mil. Healthcare Trust of America's average total tangible assets for the quarter that ended in Mar. 2022 was €5,775.5 Mil. Therefore, Healthcare Trust of America's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2022 was 1.15%.

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

FRA:HT01' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.21   Med: 1.34   Max: 3.81
Current: 1.51

During the past 13 years, Healthcare Trust of America's highest Return-on-Tangible-Asset was 3.81%. The lowest was -1.21%. And the median was 1.34%.

FRA:HT01's Return-on-Tangible-Asset is not ranked
in the REITs industry.
Industry Median: 2.28 vs FRA:HT01: 1.51

Healthcare Trust of America Return-on-Tangible-Asset Historical Data

The historical data trend for Healthcare Trust of America'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.

Healthcare Trust of America Return-on-Tangible-Asset Chart

Healthcare Trust of America Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.37 3.89 0.53 0.83 1.61

Healthcare Trust of America Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 1.46 2.48 1.42 1.04 1.15

Competitive Comparison of Healthcare Trust of America's Return-on-Tangible-Asset

For the REIT - Healthcare Facilities subindustry, Healthcare Trust of America'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.


Healthcare Trust of America's Return-on-Tangible-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Healthcare Trust of America's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Healthcare Trust of America's Return-on-Tangible-Asset falls into.



Healthcare Trust of America Return-on-Tangible-Asset Calculation

Healthcare Trust of America's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2021 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=86.744/( (5056.632+5729.716)/ 2 )
=86.744/5393.174
=1.61 %

Healthcare Trust of America's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2022 )  (Q: Dec. 2021 )(Q: Mar. 2022 )
=66.52/( (5729.716+5821.316)/ 2 )
=66.52/5775.516
=1.15 %

* 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 (Mar. 2022) net income data.


Healthcare Trust of America  (FRA:HT01) 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.


Healthcare Trust of America Return-on-Tangible-Asset Related Terms

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Healthcare Trust of America (FRA:HT01) Business Description

Traded in Other Exchanges
N/A
Address
16435 North Scottsdale Road, Suite 320, Scottsdale, AZ, USA, 85254
Healthcare Trust of America Inc is a healthcare facility REIT. The company operates one segment, which engages in acquiring and operating medical office buildings. The company generates all of its revenue in the United States. It relies on its in-house leasing platform in order to generate scale, maximize expense efficiency, and build tenant relationships. Its strategy focuses on stable cash flows with relatively low vacancy risk, with consideration of merger and acquisition investment to supplement its operational growth strategy.

Healthcare Trust of America (FRA:HT01) Headlines

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