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Liberty Broadband Return-on-Tangible-Asset

: 13.02% (As of Jun. 2022)
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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. Liberty Broadband's annualized Net Income for the quarter that ended in Jun. 2022 was $1,860.0 Mil. Liberty Broadband's average total tangible assets for the quarter that ended in Jun. 2022 was $14,286.0 Mil. Therefore, Liberty Broadband's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2022 was 13.02%.

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

LBRDK' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.6   Med: 1.74   Max: 18.91
Current: 9.02

During the past 11 years, Liberty Broadband's highest Return-on-Tangible-Asset was 18.91%. The lowest was -4.60%. And the median was 1.74%.

LBRDK's Return-on-Tangible-Asset is ranked better than
73.25% of 400 companies
in the Telecommunication Services industry
Industry Median: 4.14 vs LBRDK: 9.02

Liberty Broadband Return-on-Tangible-Asset Historical Data

The historical data trend for Liberty Broadband'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.

Liberty Broadband Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.91 0.58 0.96 2.52 4.25

Liberty Broadband Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Return-on-Tangible-Asset 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 Premium Member Only Premium Member Only Premium Member Only 1.27 5.69 9.81 8.04 13.02

Competitive Comparison

For the Telecom Services subindustry, Liberty Broadband'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.

   

Liberty Broadband Return-on-Tangible-Asset Distribution

For the Telecommunication Services industry and Communication Services sector, Liberty Broadband's Return-on-Tangible-Asset distribution charts can be found below:

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



Liberty Broadband Return-on-Tangible-Asset Calculation

Liberty Broadband's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2021 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=732/( (19370+15046)/ 2 )
=732/17208
=4.25 %

Liberty Broadband's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=1860/( (14722+13850)/ 2 )
=1860/14286
=13.02 %

* 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. 2022) net income data.


Liberty Broadband  (NAS:LBRDK) 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.


Liberty Broadband Return-on-Tangible-Asset Related Terms

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


Liberty Broadband Business Description

Liberty Broadband logo
Address
12300 Liberty Boulevard, Englewood, CO, USA, 80112
Liberty Broadband Corp serves in the telecommunications industry in the United States. It provides cable services to both residential and small to medium businesses through its fiber, hybrid fiber, and coaxial cable infrastructure. The services provided by the company are residential services which include video services, internet services, voice services, and mobile services, commercial services which include small, and medium business and enterprise solutions, advertising services, and other services which include security and home management. The reportable segments of the company are GCI Holdings, Charter. The firm derives the majority of its revenue from GCI Holdings.
Executives
Hamilton Sue Ann director 12405 POWERSCOURT DRIVE ST. LOUIS MO 63131
Engles Gregg L director 1225 SEVENTEENTH STREET SUITE 1000 DENVER CO 80202
Frist Julie D. director 810 JACKSON BLVD. NASHVILLE TN 37205
Wilm Renee L officer: Chief Legal Officer 12300 LIBERTY BOULEVARD ENGLEWOOD CO 80112
Malone John C director, 10 percent owner 12300 LIBERTY BLVD ENGLEWOOD CO 80112
Wendling Brian J officer: SVP/Controller/PFO 12300 LIBERTY BOULEVARD ENGLEWOOD CO 80112
Carleton Mark D officer: Chief Financial Officer 12300 LIBERTY BLVD. ENGLEWOOD CO 80112
Wargo J David director C/O WARGO & CO 712 FIFTH AVENUE 41ST FLOOR NEW YORK NY 10019
Fisher Donne F director 12300 LIBERTY BLVD ENGLEWOOD CO 80112
Welsh John E Iii director AVALON CAPITAL PARTNERS 181 MAIN ST COLD SPRING HARBOR NY 11724
Green Richard R director 12300 LIBERTY BOULEVARD ENGLEWOOD CO 80112
Maffei Gregory B director, officer: President/CEO 12300 LIBERTY BLVD ENGLEWOOD CO 80112
Liberty Media Corp 10 percent owner 12300 LIBERTY BOULEVARD ENGLEWOOD CO 80112
Rosenthaler Albert E officer: Senior Vice President 12300 LIBERTY BLVD ENGLEWOOD CO 80112
Shean Christopher W officer: Senior Vice President/CFO 12300 LIBERTY BLVD. ENGLEWOOD CO 80116

Liberty Broadband Headlines

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