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Fundo Investimento Imobiliario Green Towers (BSP:GTWR11) Return-on-Tangible-Asset

: 0.00% (As of . 20)
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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. Fundo Investimento Imobiliario Green Towers's annualized Net Income for the quarter that ended in . 20 was R$ Mil. Fundo Investimento Imobiliario Green Towers's average total tangible assets for the quarter that ended in . 20 was R$ Mil. Therefore, Fundo Investimento Imobiliario Green Towers's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 was 0.00%.

The historical rank and industry rank for Fundo Investimento Imobiliario Green Towers's Return-on-Tangible-Asset or its related term are showing as below:


Fundo Investimento Imobiliario Green Towers Return-on-Tangible-Asset Historical Data

The historical data trend for Fundo Investimento Imobiliario Green Towers'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.

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Fundo Investimento Imobiliario Green Towers Annual Data
Trend
Return-on-Tangible-Asset

Fundo Investimento Imobiliario Green Towers Semi-Annual Data
Return-on-Tangible-Asset

Competitive Comparison

For the REIT - Office subindustry, Fundo Investimento Imobiliario Green Towers'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.

   

Fundo Investimento Imobiliario Green Towers Return-on-Tangible-Asset Distribution

For the REITs industry and Real Estate sector, Fundo Investimento Imobiliario Green Towers's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Fundo Investimento Imobiliario Green Towers's Return-on-Tangible-Asset falls in comparison to its industry or sector. The grey bar indicates the Return-on-Tangible-Asset's extreme value range as defined by GuruFocus.



Fundo Investimento Imobiliario Green Towers Return-on-Tangible-Asset Calculation

Fundo Investimento Imobiliario Green Towers's annualized Return-on-Tangible-Asset for the fiscal year that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+)/ )
=/
= %

Fundo Investimento Imobiliario Green Towers's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) net income data.


Fundo Investimento Imobiliario Green Towers  (BSP:GTWR11) 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.


Fundo Investimento Imobiliario Green Towers Return-on-Tangible-Asset Related Terms

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


Fundo Investimento Imobiliario Green Towers (BSP:GTWR11) Business Description

Fundo Investimento Imobiliario Green Towers logo
Comparable Companies
Traded in Other Exchanges
N/A
Address
Avenida das Nações Unidas, 14171, tower A - 11th Floor- Vila Gertrudes, São Paulo, SP, BRA, 04794-000
Website
Fundo Investimento Imobiliario Green Towers is a brick-type real estate fund. Its investments are directed at commercial properties in the office segment. The objective of the fund is to provide the quoters with income monthly by means of the location of the corporate offices of Green Towers enterprise.

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