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Inspirisys Solution (BOM:532774) Return-on-Tangible-Asset : 23.11% (As of Dec. 2024)


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What is Inspirisys Solution 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. Inspirisys Solution's annualized Net Income for the quarter that ended in Dec. 2024 was ₹528 Mil. Inspirisys Solution's average total tangible assets for the quarter that ended in Dec. 2024 was ₹2,285 Mil. Therefore, Inspirisys Solution's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 23.11%.

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

BOM:532774' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -39.43   Med: -0.66   Max: 8.09
Current: 8.09

During the past 13 years, Inspirisys Solution's highest Return-on-Tangible-Asset was 8.09%. The lowest was -39.43%. And the median was -0.66%.

BOM:532774's Return-on-Tangible-Asset is ranked better than
70.52% of 2843 companies
in the Software industry
Industry Median: 2 vs BOM:532774: 8.09

Inspirisys Solution Return-on-Tangible-Asset Historical Data

The historical data trend for Inspirisys Solution'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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Inspirisys Solution Return-on-Tangible-Asset Chart

Inspirisys Solution 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 0.74 -1.07 -6.25 -1.29 1.61

Inspirisys Solution 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 3.75 5.90 3.93 6.60 23.11

Competitive Comparison of Inspirisys Solution's Return-on-Tangible-Asset

For the Information Technology Services subindustry, Inspirisys Solution'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.


Inspirisys Solution's Return-on-Tangible-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Inspirisys Solution's Return-on-Tangible-Asset distribution charts can be found below:

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


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Inspirisys Solution Return-on-Tangible-Asset Calculation

Inspirisys Solution'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 )
=36.7/( (2025.6+2537.1)/ 2 )
=36.7/2281.35
=1.61 %

Inspirisys Solution'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 )
=528/( (2284.7+0)/ 1 )
=528/2284.7
=23.11 %

* 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.


Inspirisys Solution  (BOM:532774) 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.


Inspirisys Solution Return-on-Tangible-Asset Related Terms

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Inspirisys Solution Business Description

Traded in Other Exchanges
Address
Taylors Road, New Door Nos. 57, 59, 61 and 63, First Floor, Dowlath Towers, Kilpauk, Chennai, TN, IND, 600010
Inspirisys Solution Ltd operates as an information technology services and consulting company. Its principal lines of business are IT services which include, providing system integration (SI) solutions comprising network design, hardware, and software, Services that comprise IT Infrastructure management solutions, software development, and support, and warranty management solutions (WMS) for imported and indigenous equipment, development, implementation and maintenance of software applications. Its segments are namely Service, Systems Integrations, and Warranty Management Services. The company generates the majority of its revenue from the Services segment. which includes Infra, Security, Cloud, and Software. Geographically the company generates the majority of its revenue from India.

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