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VBI Real Estate Gestao de Carteiras (BSP:LVBI11) Return-on-Tangible-Asset : 0.00% (As of . 20)


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What is VBI Real Estate Gestao de Carteiras 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. VBI Real Estate Gestao de Carteiras's annualized Net Income for the quarter that ended in . 20 was R$ Mil. VBI Real Estate Gestao de Carteiras's average total tangible assets for the quarter that ended in . 20 was R$ Mil. Therefore, VBI Real Estate Gestao de Carteiras's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 was 0.00%.

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

BSP:LVBI11's Return-on-Tangible-Asset is not ranked *
in the Real Estate industry.
Industry Median: 1.16
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

VBI Real Estate Gestao de Carteiras Return-on-Tangible-Asset Historical Data

The historical data trend for VBI Real Estate Gestao de Carteiras'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.

VBI Real Estate Gestao de Carteiras Return-on-Tangible-Asset Chart

VBI Real Estate Gestao de Carteiras Annual Data
Trend
Return-on-Tangible-Asset

VBI Real Estate Gestao de Carteiras Semi-Annual Data
Return-on-Tangible-Asset

Competitive Comparison of VBI Real Estate Gestao de Carteiras's Return-on-Tangible-Asset

For the Real Estate Services subindustry, VBI Real Estate Gestao de Carteiras'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.


VBI Real Estate Gestao de Carteiras's Return-on-Tangible-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, VBI Real Estate Gestao de Carteiras's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where VBI Real Estate Gestao de Carteiras's Return-on-Tangible-Asset falls into.



VBI Real Estate Gestao de Carteiras Return-on-Tangible-Asset Calculation

VBI Real Estate Gestao de Carteiras'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 )
=/( (+)/ )
=/
= %

VBI Real Estate Gestao de Carteiras'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.


VBI Real Estate Gestao de Carteiras  (BSP:LVBI11) 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.


VBI Real Estate Gestao de Carteiras Return-on-Tangible-Asset Related Terms

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VBI Real Estate Gestao de Carteiras (BSP:LVBI11) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
R. Funchal, 418 - Vila Olimpia, 27th Floor, Sao Paulo, SP, BRA
VBI Real Estate Gestão de Carteiras SA is an investment manager focused on Brazilian real estate. Its mission is to generate attractive risk-adjusted returns on capital by investing in real estate and real estate development projects in the retail, office, residential, logistics, and student housing sectors.

VBI Real Estate Gestao de Carteiras (BSP:LVBI11) Headlines

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