GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » The Housing Bank for Trade & Finance (AMM:THBK) » Definitions » Return-on-Tangible-Asset

The Housing Bank for Trade & Finance (AMM:THBK) Return-on-Tangible-Asset : 1.71% (As of Mar. 2025)


View and export this data going back to 1978. Start your Free Trial

What is The Housing Bank for Trade & Finance 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. The Housing Bank for Trade & Finance's annualized Net Income for the quarter that ended in Mar. 2025 was JOD158.0 Mil. The Housing Bank for Trade & Finance's average total tangible assets for the quarter that ended in Mar. 2025 was JOD9,216.5 Mil. Therefore, The Housing Bank for Trade & Finance's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 1.71%.

The historical rank and industry rank for The Housing Bank for Trade & Finance's Return-on-Tangible-Asset or its related term are showing as below:

AMM:THBK' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.44   Med: 1.54   Max: 1.65
Current: 1.64

During the past 13 years, The Housing Bank for Trade & Finance's highest Return-on-Tangible-Asset was 1.65%. The lowest was 0.44%. And the median was 1.54%.

AMM:THBK's Return-on-Tangible-Asset is ranked better than
81.41% of 1587 companies
in the Banks industry
Industry Median: 0.89 vs AMM:THBK: 1.64

The Housing Bank for Trade & Finance Return-on-Tangible-Asset Historical Data

The historical data trend for The Housing Bank for Trade & Finance'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.

The Housing Bank for Trade & Finance Return-on-Tangible-Asset Chart

The Housing Bank for Trade & Finance Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 1.28 1.55 1.60 1.65

The Housing Bank for Trade & Finance Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.69 1.82 1.69 1.35 1.71

Competitive Comparison of The Housing Bank for Trade & Finance's Return-on-Tangible-Asset

For the Banks - Regional subindustry, The Housing Bank for Trade & Finance'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.


The Housing Bank for Trade & Finance's Return-on-Tangible-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, The Housing Bank for Trade & Finance's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where The Housing Bank for Trade & Finance's Return-on-Tangible-Asset falls into.


;
;

The Housing Bank for Trade & Finance Return-on-Tangible-Asset Calculation

The Housing Bank for Trade & Finance's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=147.455/( (8654.666+9205.806)/ 2 )
=147.455/8930.236
=1.65 %

The Housing Bank for Trade & Finance's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=158.024/( (9205.806+9227.205)/ 2 )
=158.024/9216.5055
=1.71 %

* 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. 2025) net income data.


The Housing Bank for Trade & Finance  (AMM:THBK) 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.


The Housing Bank for Trade & Finance Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of The Housing Bank for Trade & Finance's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


The Housing Bank for Trade & Finance Business Description

Traded in Other Exchanges
N/A
Address
Al-Shumaysani-Prince Shaker Bin Zaid Street, P.O. Box 7693, Building No. 37, Amman, JOR, 11118
The Housing Bank for Trade & Finance is a commercial banking setup based predominantly in Jordan. Its operating segments include Retail Banking; Corporate; Corporate Finance; Treasury and Others. Retail Banking segment includes following up on deposits of individual customers and small businesses and granting them loans, debts, credit cards, and other services. Its Corporate segment includes following up on deposits, credit facilities, and other banking services for institutional and corporate clients. Corporate Finance segment relates to arranging structured finance and providing services relating to privatizations, IPOs, mergers, and acquisitions. The Treasury segment includes providing trading and treasury services and management of the Bank's funds in money and capital markets.

The Housing Bank for Trade & Finance Headlines

No Headlines