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Interroll Holding AG (XSWX:INRN) Return-on-Tangible-Asset : 17.08% (As of Dec. 2023)


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What is Interroll Holding AG 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. Interroll Holding AG's annualized Net Income for the quarter that ended in Dec. 2023 was CHF88.6 Mil. Interroll Holding AG's average total tangible assets for the quarter that ended in Dec. 2023 was CHF519.0 Mil. Therefore, Interroll Holding AG's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 was 17.08%.

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

XSWX:INRN' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.8   Med: 13.8   Max: 16.82
Current: 12.78

During the past 13 years, Interroll Holding AG's highest Return-on-Tangible-Asset was 16.82%. The lowest was 8.80%. And the median was 13.80%.

XSWX:INRN's Return-on-Tangible-Asset is ranked better than
90.57% of 3021 companies
in the Industrial Products industry
Industry Median: 3.75 vs XSWX:INRN: 12.78

Interroll Holding AG Return-on-Tangible-Asset Historical Data

The historical data trend for Interroll Holding AG'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.

Interroll Holding AG Return-on-Tangible-Asset Chart

Interroll Holding AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.09 16.82 16.82 16.04 12.82

Interroll Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 18.37 12.27 18.34 8.46 17.08

Competitive Comparison of Interroll Holding AG's Return-on-Tangible-Asset

For the Specialty Industrial Machinery subindustry, Interroll Holding AG'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.


Interroll Holding AG's Return-on-Tangible-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Interroll Holding AG's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Interroll Holding AG's Return-on-Tangible-Asset falls into.



Interroll Holding AG Return-on-Tangible-Asset Calculation

Interroll Holding AG's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=66.349/( (519.222+515.792)/ 2 )
=66.349/517.507
=12.82 %

Interroll Holding AG's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=88.632/( (522.175+515.792)/ 2 )
=88.632/518.9835
=17.08 %

* 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 two times the semi-annual (Dec. 2023) net income data.


Interroll Holding AG  (XSWX:INRN) 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.


Interroll Holding AG Return-on-Tangible-Asset Related Terms

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Interroll Holding AG (XSWX:INRN) Business Description

Traded in Other Exchanges
Address
Via Gorelle 3, Sant’Antonino, CHE, 6592
Interroll Holding Ltd is a provider of products for internal logistics in Switzerland. Its product portfolio is made up of rollers, drives, conveyors and carton flow. These products are utilized by e-courier, parcel, express and postal services, airports, food processing as well as distribution centers such as Amazon, FedEx, Walmart, and Yamaha. Majority of the company's revenue is derived from the EMEA and the rest from the Americas and Asia- Pacific.

Interroll Holding AG (XSWX:INRN) Headlines

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