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Vinny Overseas (BOM:543670) Return-on-Tangible-Asset : 3.80% (As of Mar. 2025)


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What is Vinny Overseas 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. Vinny Overseas's annualized Net Income for the quarter that ended in Mar. 2025 was ₹40 Mil. Vinny Overseas's average total tangible assets for the quarter that ended in Mar. 2025 was ₹1,061 Mil. Therefore, Vinny Overseas's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 3.80%.

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

BOM:543670' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.41   Med: 3.83   Max: 5.99
Current: 5.5

During the past 12 years, Vinny Overseas's highest Return-on-Tangible-Asset was 5.99%. The lowest was -6.41%. And the median was 3.83%.

BOM:543670's Return-on-Tangible-Asset is ranked better than
72.98% of 1066 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.18 vs BOM:543670: 5.50

Vinny Overseas Return-on-Tangible-Asset Historical Data

The historical data trend for Vinny Overseas'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.

Vinny Overseas Return-on-Tangible-Asset Chart

Vinny Overseas Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 -6.41 4.01 5.50 5.99

Vinny Overseas Quarterly Data
Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 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 2.19 2.55 0.54 13.15 3.80

Competitive Comparison of Vinny Overseas's Return-on-Tangible-Asset

For the Textile Manufacturing subindustry, Vinny Overseas'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.


Vinny Overseas's Return-on-Tangible-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vinny Overseas's Return-on-Tangible-Asset distribution charts can be found below:

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


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Vinny Overseas Return-on-Tangible-Asset Calculation

Vinny Overseas's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=51.542/( (660.609+1060.914)/ 2 )
=51.542/860.7615
=5.99 %

Vinny Overseas'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 )
=40.292/( (0+1060.914)/ 1 )
=40.292/1060.914
=3.80 %

* 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.


Vinny Overseas  (BOM:543670) 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.


Vinny Overseas Return-on-Tangible-Asset Related Terms

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Vinny Overseas Business Description

Traded in Other Exchanges
Address
C/O. Vinny Overseas Limited, Narol-Isanpur Road, Behind International Hotel, Narol, Ahmedabad, GJ, IND, 382405
Vinny Overseas Ltd is an Indian firm carrying on the business of Textile products. The products of the company include cotton fabrics, PV blended, PC blended Rayon, Denims, and polyester. Substantial revenue is generated from the manufactured cloth sales.

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