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RAIT Financial Trust (RAIT Financial Trust) Return-on-Tangible-Asset : 0.53% (As of Jun. 2019)


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What is RAIT Financial Trust 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. RAIT Financial Trust's annualized Net Income for the quarter that ended in Jun. 2019 was $3.31 Mil. RAIT Financial Trust's average total tangible assets for the quarter that ended in Jun. 2019 was $626.72 Mil. Therefore, RAIT Financial Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2019 was 0.53%.

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

RASLQ.PFD' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.8   Med: -6.53   Max: 3.68
Current: -5.42

During the past 13 years, RAIT Financial Trust's highest Return-on-Tangible-Asset was 3.68%. The lowest was -9.80%. And the median was -6.53%.

RASLQ.PFD's Return-on-Tangible-Asset is not ranked
in the REITs industry.
Industry Median: 2.18 vs RASLQ.PFD: -5.42

RAIT Financial Trust Return-on-Tangible-Asset Historical Data

The historical data trend for RAIT Financial Trust'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.

RAIT Financial Trust Return-on-Tangible-Asset Chart

RAIT Financial Trust Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.92 1.02 0.75 -7.28 -9.80

RAIT Financial Trust Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 -16.72 -8.07 -8.39 -3.53 0.53

Competitive Comparison of RAIT Financial Trust's Return-on-Tangible-Asset

For the REIT - Diversified subindustry, RAIT Financial Trust'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.


RAIT Financial Trust's Return-on-Tangible-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, RAIT Financial Trust's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where RAIT Financial Trust's Return-on-Tangible-Asset falls into.



RAIT Financial Trust Return-on-Tangible-Asset Calculation

RAIT Financial Trust's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2018 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=-123.458/( (1786.457+732.047)/ 2 )
=-123.458/1259.252
=-9.80 %

RAIT Financial Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2019 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2019 )  (Q: Mar. 2019 )(Q: Jun. 2019 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2019 )  (Q: Mar. 2019 )(Q: Jun. 2019 )
=3.308/( (672.238+581.208)/ 2 )
=3.308/626.723
=0.53 %

* 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. 2019) net income data.


RAIT Financial Trust  (OTCPK:RASLQ.PFD) 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.


RAIT Financial Trust Return-on-Tangible-Asset Related Terms

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RAIT Financial Trust (RAIT Financial Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 North 18th Street, Two Logan Square, 23rd Floor, Philadelphia, PA, USA, 19103
RAIT Financial Trust is a United States-based real estate investment trust. Through its subsidiaries, the company invests in and manages a portfolio of commercial real estate (CRE) loans and properties. It operates in the business segment of real estate lending, owning and managing segment which focuses on lending, owning and managing commercial real estate assets throughout the United States. The form of the company's investments ranged from first mortgage loans to equity ownership of a commercial real estate property. It derives main revenue in the form of property income.

RAIT Financial Trust (RAIT Financial Trust) Headlines

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