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Construcciones El Condor (BOG:ELCONDOR) Return-on-Tangible-Asset : -9.82% (As of Dec. 2024)


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What is Construcciones El Condor 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. Construcciones El Condor's annualized Net Income for the quarter that ended in Dec. 2024 was COP-227,364 Mil. Construcciones El Condor's average total tangible assets for the quarter that ended in Dec. 2024 was COP2,315,456 Mil. Therefore, Construcciones El Condor's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was -9.82%.

The historical rank and industry rank for Construcciones El Condor's Return-on-Tangible-Asset or its related term are showing as below:

BOG:ELCONDOR' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -10.84   Med: 2.19   Max: 19.65
Current: -7.25

During the past 13 years, Construcciones El Condor's highest Return-on-Tangible-Asset was 19.65%. The lowest was -10.84%. And the median was 2.19%.

BOG:ELCONDOR's Return-on-Tangible-Asset is ranked worse than
89.53% of 1738 companies
in the Construction industry
Industry Median: 2.695 vs BOG:ELCONDOR: -7.25

Construcciones El Condor Return-on-Tangible-Asset Historical Data

The historical data trend for Construcciones El Condor'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.

Construcciones El Condor Return-on-Tangible-Asset Chart

Construcciones El Condor 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 1.40 0.40 -2.98 -10.84 -7.26

Construcciones El Condor Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 -20.83 -2.07 -8.77 -8.55 -9.82

Competitive Comparison of Construcciones El Condor's Return-on-Tangible-Asset

For the Engineering & Construction subindustry, Construcciones El Condor'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.


Construcciones El Condor's Return-on-Tangible-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, Construcciones El Condor's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Construcciones El Condor's Return-on-Tangible-Asset falls into.


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Construcciones El Condor Return-on-Tangible-Asset Calculation

Construcciones El Condor'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 )
=-171078.844/( (2394269.902+2315624.235)/ 2 )
=-171078.844/2354947.0685
=-7.26 %

Construcciones El Condor'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: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=-227363.936/( (2315286.829+2315624.235)/ 2 )
=-227363.936/2315455.532
=-9.82 %

* 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 (Dec. 2024) net income data.


Construcciones El Condor  (BOG:ELCONDOR) 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.


Construcciones El Condor Return-on-Tangible-Asset Related Terms

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Construcciones El Condor Business Description

Traded in Other Exchanges
N/A
Address
Carrera 25, Number3-45, Floor 3, Medellin, COL
Construcciones El Condor SA operates as a civil engineering company. Its projects include road infrastructure, rail, mining, hydroelectric, highway concessions, as well as the thermal power plant, bridge, and airport projects. The Corporation has two operating segments: Construction and Investments.

Construcciones El Condor Headlines

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