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Inland Real Estate (Inland Real Estate) Return-on-Tangible-Asset : 0.45% (As of Dec. 2015)


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What is Inland Real Estate 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. Inland Real Estate's annualized Net Income for the quarter that ended in Dec. 2015 was $6.6 Mil. Inland Real Estate's average total tangible assets for the quarter that ended in Dec. 2015 was $1,465.4 Mil. Therefore, Inland Real Estate's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2015 was 0.45%.

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

IRC's Return-on-Tangible-Asset is not ranked *
in the REITs industry.
Industry Median: 2.23
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Inland Real Estate Return-on-Tangible-Asset Historical Data

The historical data trend for Inland Real Estate'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.

Inland Real Estate Return-on-Tangible-Asset Chart

Inland Real Estate Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.95 2.38 8.50 2.69 1.74

Inland Real Estate Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 1.78 0.79 2.31 3.29 0.45

Competitive Comparison of Inland Real Estate's Return-on-Tangible-Asset

For the REIT - Retail subindustry, Inland Real Estate'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.


Inland Real Estate's Return-on-Tangible-Asset Distribution in the REITs Industry

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

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



Inland Real Estate Return-on-Tangible-Asset Calculation

Inland Real Estate's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2015 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=25.531/( (1487.093+1452.417)/ 2 )
=25.531/1469.755
=1.74 %

Inland Real Estate's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2015 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2015 )  (Q: Sep. 2015 )(Q: Dec. 2015 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2015 )  (Q: Sep. 2015 )(Q: Dec. 2015 )
=6.624/( (1478.309+1452.417)/ 2 )
=6.624/1465.363
=0.45 %

* 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. 2015) net income data.


Inland Real Estate  (NYSE:IRC) 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.


Inland Real Estate Return-on-Tangible-Asset Related Terms

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


Inland Real Estate (Inland Real Estate) Business Description

Traded in Other Exchanges
N/A
Address
Inland Real Estate Corp was formed on May 12, 1994. It is a publicly held real estate investment trust ("REIT") that owns, operates and develops open-air neighborhood, community and power shopping centers and single-tenant retail properties located in Midwest markets. Approximately fifty-nine percent of its total retail portfolio gross leasable area is located in the Chicago Metropolitan Statistical Area, with its second largest market concentration being approximately seventeen percent in the Minneapolis-St. Paul MSA. Tenants at the Company's retail properties primarily provide "everyday" goods and services to consumers. The primary drivers of its internal income growth are rental rate increases over expiring rates on new and renewal leases and cost savings from operational efficiencies. The Company's business is competitive. It competes with other property owners on the basis of location, rental rates, operating expenses, visibility, quality of the property, volume of traffic, strength and name recognition of other tenants at each location and other factors. These competitive factors affect the level of occupancy and rental rates that it is able to achieve at its investment properties. In addition, the Company's tenants compete against other forms of retailing such as catalog companies and e-commerce websites that offer similar retail products. The Company competes with other real estate companies, and at its current investment properties, it competes with other owners of similar properties for tenants. Inland Real Estate's properties are also subject to various federal, state and local regulatory requirements, such as state and local fire and life safety requirements.
Executives
Brett A Brown officer: Chief Financial Officer C/O INLAND REAL ESTATE CORPORATION, 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Meredith W. Mendes director 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Beth Sprecher Brooks officer: Sr VP & General Counsel C/O INLAND REAL ESTATE CORPORATION, 2901 BUTTERFIELD RD, OAK BROOK IL 60523
D Arcy Thomas P director C/O INLAND REAL ESTATE CORPORATION, 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Thomas R Mcwilliams director C/O INLAND REAL ESTATE CORPORATION, 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523
Mark E Zalatoris director, officer: Chief Executive Officer 2901 BUTTERFIELD RD, OAK BROOK IL 60523
D Scott Carr officer: Chief Investment Officer C/O INLAND REAL ESTATE CORP, 2901 BUFTTERFIELD ROAD, OAK BROOK IL 60523
William W Anderson officer: Senior Vice President C/O INLAND REAL ESTATE CORP, 2901 BUFTTERFIELD ROAD, OAK BROOK IL 60523
Joel D Simmon director C/O INLAND REAL ESTATE CORP, 2901 BUFTTERFIELD ROAD, OAK BROOK IL 60523
Heidi N Lawton director C/O INLAND REAL ESTATE CORP, 2901 BUFTTERFIELD ROAD, OAK BROOK IL 60523
Joel G Herter director C/O INLAND REAL ESTATE CORP, 2901 BUFTTERFIELD ROAD, OAK BROOK IL 60523
Daniel L Goodwin director, 10 percent owner 2901 BUTTERFIELD RD, OAK BROOK IL 60523
Thomas H Mcauley director 3095 BRANDY STATION, ATLANTA GA 30339-4425
Inland Group Inc director, 10 percent owner 2901 BUTTERFIELD, OAK BROOK IL 60523
Inland Real Estate Investment Corp 10 percent owner 2901 BUTTERFIELD ROAD, OAK BROOK IL 60523

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