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. Vince Holding's annualizedNet Income for the quarter that ended in Jan. 2024 was $-18.7 Mil. Vince Holding's average total tangible assets for the quarter that ended in Jan. 2024 was $203.2 Mil. Therefore, Vince Holding's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2024 was -9.19%.
The historical rank and industry rank for Vince Holding's Return-on-Tangible-Asset or its related term are showing as below:
VNCE'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -104.56 Med: 0.56 Max: 49.59
Current: 11.67
During the past 13 years, Vince Holding's highest Return-on-Tangible-Asset was 49.59%. The lowest was -104.56%. And the median was 0.56%.
VNCE's Return-on-Tangible-Asset is ranked better than 90.53% of 1077
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.06
vs VNCE: 11.67
Vince Holding Return-on-Tangible-Asset Historical Data
The historical data trend for Vince Holding'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 Vince Holding's Return-on-Tangible-Asset
For the Apparel Manufacturing subindustry, Vince Holding'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.
Vince Holding's Return-on-Tangible-Asset Distribution in the Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vince Holding's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Vince Holding'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 (Jan. 2024) 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.
Vince Holding Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Vince Holding's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Vince Holding (Vince Holding) Business Description
Vince Holding Corp is a fashion brand that is engaged in wholesale and retail delivery of luxury essentials like women's and men's apparel, women's and men's footwear, and handbags. Its offers women's collections of luxurious cashmere sweaters and silk blouses, leather and suede leggings and jackets, dresses, denim, pants, tanks and t-shirts, and a growing assortment of outerwear. It focuses on developing an elevated collection of Vince apparel and accessories to serve the luxurious need of the customer. The company manages its business in three segments namely Vince Wholesale, Vince Direct-to-consumer, and Rebecca Taylor and Parker segment. It operates its e-commerce business through its website. Majority of its revenue generated from Vince Wholesale segment.
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