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Clime Investment Management (ASX:CIW) Return-on-Tangible-Asset : -4.47% (As of Dec. 2024)


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What is Clime Investment Management 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. Clime Investment Management's annualized Net Income for the quarter that ended in Dec. 2024 was A$-0.51 Mil. Clime Investment Management's average total tangible assets for the quarter that ended in Dec. 2024 was A$11.49 Mil. Therefore, Clime Investment Management's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was -4.47%.

The historical rank and industry rank for Clime Investment Management's Return-on-Tangible-Asset or its related term are showing as below:

ASX:CIW' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -29.22   Med: 6.69   Max: 15.46
Current: -20.93

During the past 13 years, Clime Investment Management's highest Return-on-Tangible-Asset was 15.46%. The lowest was -29.22%. And the median was 6.69%.

ASX:CIW's Return-on-Tangible-Asset is ranked worse than
92.4% of 1684 companies
in the Asset Management industry
Industry Median: 4.23 vs ASX:CIW: -20.93

Clime Investment Management Return-on-Tangible-Asset Historical Data

The historical data trend for Clime Investment Management'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.

Clime Investment Management Return-on-Tangible-Asset Chart

Clime Investment Management Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.68 13.07 0.51 -11.66 -29.22

Clime Investment Management Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 2.67 -28.69 -25.98 -35.30 -4.47

Competitive Comparison of Clime Investment Management's Return-on-Tangible-Asset

For the Asset Management subindustry, Clime Investment Management'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.


Clime Investment Management's Return-on-Tangible-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Clime Investment Management's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Clime Investment Management's Return-on-Tangible-Asset falls into.


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Clime Investment Management Return-on-Tangible-Asset Calculation

Clime Investment Management's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=-3.772/( (13.014+12.803)/ 2 )
=-3.772/12.9085
=-29.22 %

Clime Investment Management's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=-0.514/( (12.803+10.181)/ 2 )
=-0.514/11.492
=-4.47 %

* 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. 2024) net income data.


Clime Investment Management  (ASX:CIW) 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.


Clime Investment Management Return-on-Tangible-Asset Related Terms

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


Clime Investment Management Business Description

Traded in Other Exchanges
N/A
Address
20 Hunter Street, Level 12, Sydney, NSW, AUS, 2000
Clime Investment Management Ltd is engaged in providing integrated wealth solutions to clients by operating under the Australian Securities and Investments Commission (ASIC) granted Australian Financial Services Licenses (AFSLs). The Group engages in various activities such as; providing private wealth advisory services; providing licensee services to financial advisers; offering online equity research and valuation tools to investors; and acting as investment manager for various funds. The company's reportable segments are; Investment Management; Licensee Services; and Corporate Centre. A majority of its revenue is generated from the Investment Management segment. Geographically, the company operates only in Australia.

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