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Regional REIT (LSE:RGL) Return-on-Tangible-Asset : -13.41% (As of Dec. 2023)


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What is Regional REIT 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. Regional REIT's annualized Net Income for the quarter that ended in Dec. 2023 was £-110.64 Mil. Regional REIT's average total tangible assets for the quarter that ended in Dec. 2023 was £825.01 Mil. Therefore, Regional REIT's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 was -13.41%.

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

LSE:RGL' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.99   Med: 3.08   Max: 8.15
Current: -7.92

During the past 9 years, Regional REIT's highest Return-on-Tangible-Asset was 8.15%. The lowest was -7.99%. And the median was 3.08%.

LSE:RGL's Return-on-Tangible-Asset is ranked worse than
93.23% of 798 companies
in the REITs industry
Industry Median: 2.28 vs LSE:RGL: -7.92

Regional REIT Return-on-Tangible-Asset Historical Data

The historical data trend for Regional REIT'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.

Regional REIT Return-on-Tangible-Asset Chart

Regional REIT Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only 3.08 -3.59 3.09 -6.80 -7.99

Regional REIT Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 2.31 5.56 -19.37 -2.74 -13.41

Competitive Comparison of Regional REIT's Return-on-Tangible-Asset

For the REIT - Office subindustry, Regional REIT'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.


Regional REIT's Return-on-Tangible-Asset Distribution in the REITs Industry

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

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



Regional REIT Return-on-Tangible-Asset Calculation

Regional REIT'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 )
=-67.456/( (906.055+782.418)/ 2 )
=-67.456/844.2365
=-7.99 %

Regional REIT'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: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=-110.642/( (867.611+782.418)/ 2 )
=-110.642/825.0145
=-13.41 %

* 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 two times the semi-annual (Dec. 2023) net income data.


Regional REIT  (LSE:RGL) 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.


Regional REIT Return-on-Tangible-Asset Related Terms

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


Regional REIT (LSE:RGL) Business Description

Industry
Traded in Other Exchanges
Address
Mont Crevelt House, Bulwer Avenue, St. Sampson, GGY, GY2 4LH
Regional REIT Ltd is a real estate investment trust, which pursues its investment objective by investing in, actively managing, and disposing of regional Core Property and Core Plus Property assets. It aims to deliver an attractive total return to its shareholders, targeting more than ten percent per annum, focusing on income supported by an additional capital growth prospectus. Its commercial property portfolio is comprised wholly of Uk assets, and offices are located in regional centers outside the M25 motorway.

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