What is Service Properties 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. Service Properties Trust's annualizedNet Income for the quarter that ended in Dec. 2023 was $-173 Mil. Service Properties Trust's average total tangible assets for the quarter that ended in Dec. 2023 was $7,346 Mil. Therefore, Service Properties Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 was -2.36%.
The historical rank and industry rank for Service Properties Trust's Return-on-Tangible-Asset or its related term are showing as below:
SVC'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.32 Med: 2.65 Max: 3.42
Current: -0.45
During the past 13 years, Service Properties Trust's highest Return-on-Tangible-Asset was 3.42%. The lowest was -6.32%. And the median was 2.65%.
SVC's Return-on-Tangible-Asset is ranked worse than 73.41% of 801
companies
in the REITs industry
Industry Median: 2.18
vs SVC: -0.45
Service Properties Trust Return-on-Tangible-Asset Historical Data
The historical data trend for Service Properties 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.
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Service Properties Trust Return-on-Tangible-Asset Chart
Competitive Comparison of Service Properties Trust's Return-on-Tangible-Asset
For the REIT - Hotel & Motel subindustry, Service Properties 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.
Service Properties Trust's Return-on-Tangible-Asset Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Service Properties Trust's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Service Properties Trust's Return-on-Tangible-Asset falls into.
Service Properties Trust Return-on-Tangible-Asset Calculation
Service Properties Trust's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:
* 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 (Dec. 2023) net income data.
Service Properties Trust (NAS:SVC) 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 companys 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 companys 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.
Service Properties Trust Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Service Properties Trust's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Service Properties Trust (Service Properties Trust) Business Description
Service Properties Trust is a real estate investment trust that owns hotel properties. These properties are located primarily in the United States, along with Canada and Puerto Rico. The company operates through its hotel investment unit and net lease investments. The firm derives the majority of its revenue from the hotel real estate investments unit. The hotels are distinguished between their service levels, which include full service, select service, and extended stay; and chain scale, which includes luxury, upper upscale, upscale, upper midscale, and midscale. Most hotels are extended stay or upscale. Some of the major hotel brands include Courtyard by Marriott, Royal Sonesta, Crowne Plaza Hotels & Resorts, and Hyatt Place.
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