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Inland Printers (BOM:530787) Return-on-Tangible-Asset : -35.68% (As of Mar. 2024)


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What is Inland Printers 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. Inland Printers's annualized Net Income for the quarter that ended in Mar. 2024 was ₹-10.94 Mil. Inland Printers's average total tangible assets for the quarter that ended in Mar. 2024 was ₹30.66 Mil. Therefore, Inland Printers's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 was -35.68%.

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

BOM:530787' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -997.01   Med: -237.51   Max: -7.25
Current: -15.62

During the past 13 years, Inland Printers's highest Return-on-Tangible-Asset was -7.25%. The lowest was -997.01%. And the median was -237.51%.

BOM:530787's Return-on-Tangible-Asset is ranked worse than
89.31% of 1085 companies
in the Business Services industry
Industry Median: 3.99 vs BOM:530787: -15.62

Inland Printers Return-on-Tangible-Asset Historical Data

The historical data trend for Inland Printers'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.

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Inland Printers Return-on-Tangible-Asset Chart

Inland Printers Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -997.01 -594.97 -14.04 -7.25 -15.62

Inland Printers Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -14.80 -6.68 -8.15 -11.82 -35.68

Competitive Comparison of Inland Printers's Return-on-Tangible-Asset

For the Specialty Business Services subindustry, Inland Printers'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.


Inland Printers's Return-on-Tangible-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Inland Printers's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Inland Printers's Return-on-Tangible-Asset falls into.



Inland Printers Return-on-Tangible-Asset Calculation

Inland Printers's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=-4.766/( (30.375+30.66)/ 2 )
=-4.766/30.5175
=-15.62 %

Inland Printers's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-10.94/( (0+30.66)/ 1 )
=-10.94/30.66
=-35.68 %

* 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. 2024) net income data.


Inland Printers  (BOM:530787) 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.


Inland Printers Return-on-Tangible-Asset Related Terms

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Inland Printers (BOM:530787) Business Description

Traded in Other Exchanges
N/A
Address
Sahakar Road, 800, 8th Floor, Sangita Ellipse, Vile Parle (East), Mumbai, MH, IND, 400057
Inland Printers Ltd engages in the e-commerce activity relating to the printing stationery business in India. It provides standard impression paper and printing brochures using the offset printing process. The company produces/markets printed products such as memorandum and articles of association, annual reports, dividend warrants, interest warrants, continuous stationery, and computer forms, prospectuses and other documents, corporate profiles, application, and business forms, brochures, publicity material, product literature, and books.

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