The historical rank and industry rank for United States Lime & Minerals's Return-on-Tangible-Asset or its related term are showing as below:
USLM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 6.5 Med: 10.67 Max: 18.85
Current: 18.85
During the past 13 years, United States Lime & Minerals's highest Return-on-Tangible-Asset was 18.85%. The lowest was 6.50%. And the median was 10.67%.
USLM's Return-on-Tangible-Asset is ranked better than 95.09% of 387
companies
in the Building Materials industry
Industry Median: 3.33
vs USLM: 18.85
United States Lime & Minerals Return-on-Tangible-Asset Historical Data
* 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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United States Lime & Minerals Return-on-Tangible-Asset Chart
Competitive Comparison of United States Lime & Minerals's Return-on-Tangible-Asset
For the Building Materials subindustry, United States Lime & Minerals'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.
United States Lime & Minerals's Return-on-Tangible-Asset Distribution in the Building Materials Industry
For the Building Materials industry and Basic Materials sector, United States Lime & Minerals's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where United States Lime & Minerals's Return-on-Tangible-Asset falls into.
United States Lime & Minerals Return-on-Tangible-Asset Calculation
United States Lime & Minerals'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 (Mar. 2024) net income data.
United States Lime & Minerals (NAS:USLM) 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.
United States Lime & Minerals Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of United States Lime & Minerals's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
United States Lime & Minerals (United States Lime & Minerals) Business Description
United States Lime & Minerals Inc is engaged in the business of manufacturing lime and limestone products including PLS, quicklime, hydrated lime, and lime slurry. It supplies primarily to the construction (including highway, road, and building contractors), industrial (including paper and glass manufacturers), environmental (including municipal sanitation and water treatment facilities and flue gas treatment processes), metals (including steel producers), oil and gas services, roof shingle manufacturers and agriculture (including poultry and cattle feed producers) industries. The company operates lime and limestone plants and distribution facilities in Arkansas, Colorado, Louisiana, Missouri, Oklahoma, and Texas.
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