GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Walmart Chile SA (XSGO:WMTCL) » Definitions » Return-on-Tangible-Asset

Walmart Chile (XSGO:WMTCL) Return-on-Tangible-Asset : 11.15% (As of Jun. 2016)


View and export this data going back to 1996. Start your Free Trial

What is Walmart Chile 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. Walmart Chile's annualized Net Income for the quarter that ended in Jun. 2016 was CLP307,895 Mil. Walmart Chile's average total tangible assets for the quarter that ended in Jun. 2016 was CLP2,761,405 Mil. Therefore, Walmart Chile's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2016 was 11.15%.

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

XSGO:WMTCL's Return-on-Tangible-Asset is not ranked *
in the Retail - Cyclical industry.
Industry Median: 2.27
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Walmart Chile Return-on-Tangible-Asset Historical Data

The historical data trend for Walmart Chile'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.

Walmart Chile Return-on-Tangible-Asset Chart

Walmart Chile Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only 6.22 5.80 6.64 5.58 13.92

Walmart Chile Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 13.37 27.54 10.01 6.21 11.15

Competitive Comparison of Walmart Chile's Return-on-Tangible-Asset

For the Department Stores subindustry, Walmart Chile'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.


Walmart Chile's Return-on-Tangible-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Walmart Chile's Return-on-Tangible-Asset distribution charts can be found below:

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



Walmart Chile Return-on-Tangible-Asset Calculation

Walmart Chile'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 )
=362019.249/( (2412902.72+2787541.446)/ 2 )
=362019.249/2600222.083
=13.92 %

Walmart Chile's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2016 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2016 )  (Q: Mar. 2016 )(Q: Jun. 2016 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2016 )  (Q: Mar. 2016 )(Q: Jun. 2016 )
=307895.024/( (2744063.222+2778747.77)/ 2 )
=307895.024/2761405.496
=11.15 %

* 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 (Jun. 2016) net income data.


Walmart Chile  (XSGO:WMTCL) 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.


Walmart Chile Return-on-Tangible-Asset Related Terms

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


Walmart Chile (XSGO:WMTCL) Business Description

Traded in Other Exchanges
N/A
Address
Av eduardo frei montalva 8301, Casilla, Santiago, CHL, 620
Walmart Chile SA is engaged in the operation of supermarkets. The company operates supermarkets under the brands lider, express lider, acuenta, ekono, central mayorista, and lider.cl. The firm also provides financial services which include offering financing to its customers through MasterCard and presto credit cards, requesting advances in cash, consumer loans, access to various products and services such as insurance, payment of accounts, and Real estate services which includes construction of new premises of the company and management of commercial premises that are part of company's supermarkets.

Walmart Chile (XSGO:WMTCL) Headlines

No Headlines