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Comprehensive Multiple Transport (AMM:ABUS) Return-on-Tangible-Asset : 0.00% (As of . 20)


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What is Comprehensive Multiple Transport 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. Comprehensive Multiple Transport's annualized Net Income for the quarter that ended in . 20 was JOD Mil. Comprehensive Multiple Transport's average total tangible assets for the quarter that ended in . 20 was JOD Mil. Therefore, Comprehensive Multiple Transport's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 was 0.00%.

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

AMM:ABUS's Return-on-Tangible-Asset is not ranked *
in the Transportation industry.
Industry Median: 3.99
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Comprehensive Multiple Transport Return-on-Tangible-Asset Historical Data

The historical data trend for Comprehensive Multiple Transport'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.

Comprehensive Multiple Transport Return-on-Tangible-Asset Chart

Comprehensive Multiple Transport Annual Data
Trend
Return-on-Tangible-Asset

Comprehensive Multiple Transport Semi-Annual Data
Return-on-Tangible-Asset

Competitive Comparison of Comprehensive Multiple Transport's Return-on-Tangible-Asset

For the Railroads subindustry, Comprehensive Multiple Transport'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.


Comprehensive Multiple Transport's Return-on-Tangible-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Comprehensive Multiple Transport's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Comprehensive Multiple Transport's Return-on-Tangible-Asset falls into.


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Comprehensive Multiple Transport Return-on-Tangible-Asset Calculation

Comprehensive Multiple Transport's annualized Return-on-Tangible-Asset for the fiscal year that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+)/ )
=/
= %

Comprehensive Multiple Transport's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) net income data.


Comprehensive Multiple Transport  (AMM:ABUS) 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.


Comprehensive Multiple Transport Return-on-Tangible-Asset Related Terms

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


Comprehensive Multiple Transport Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
North Marka, Behind Hussam Plastic Factory, Amman, JOR, 11118
Comprehensive Multiple Transport is engaged in providing public transport services on public transport lines for passengers within Amman Municipality, the capital governorate, and any lines within the kingdom, owning the public transport methods for passengers and establishing and investing in passenger bus stops on the lines served by the company. The integrated fleet provides a fleet of six hundred buses, including approximately two hundred fifty operating buses, distributed over forty-three lines inside and outside the country.