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Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II (BSP:CRFF11) Return-on-Tangible-Asset : -7.07% (As of Dec. 2024)


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What is Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II 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. Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II's annualized Net Income for the quarter that ended in Dec. 2024 was R$-4.13 Mil. Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II's average total tangible assets for the quarter that ended in Dec. 2024 was R$58.44 Mil. Therefore, Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was -7.07%.

The historical rank and industry rank for Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II's Return-on-Tangible-Asset or its related term are showing as below:

BSP:CRFF11' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -10.63   Med: 2.93   Max: 16
Current: -7.07

During the past 9 years, Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II's highest Return-on-Tangible-Asset was 16.00%. The lowest was -10.63%. And the median was 2.93%.

BSP:CRFF11's Return-on-Tangible-Asset is ranked worse than
94.84% of 931 companies
in the REITs industry
Industry Median: 2.77 vs BSP:CRFF11: -7.07

Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II Return-on-Tangible-Asset Historical Data

The historical data trend for Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II'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.

Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II Return-on-Tangible-Asset Chart

Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II Annual Data
Trend Dec13 Dec14 Dec15 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only -10.63 -1.16 2.93 16.00 -7.07

Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II Semi-Annual Data
Dec13 Dec14 Dec15 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only -10.63 -1.16 2.93 16.00 -7.07

Competitive Comparison of Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II's Return-on-Tangible-Asset

For the REIT - Specialty subindustry, Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II'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.


Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II's Return-on-Tangible-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II's Return-on-Tangible-Asset falls into.


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Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II Return-on-Tangible-Asset Calculation

Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II'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 )
=-4.13/( (63.061+53.823)/ 2 )
=-4.13/58.442
=-7.07 %

Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II'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: Dec. 2023 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=-4.13/( (63.061+53.823)/ 2 )
=-4.13/58.442
=-7.07 %

* 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 one times the annual (Dec. 2024) net income data.


Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II  (BSP:CRFF11) 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.


Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II Return-on-Tangible-Asset Related Terms

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Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II Business Description

Traded in Other Exchanges
N/A
Address
Avenida Paulista, 2300, 11th Floor, Cerqueira Cesar, Sao Paulo, SP, BRA, 01310-300
Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II is a real estate investment fund. Its objective is to carry out real estate investments through the acquisition of assets, with a focus on FII shares, in order to provide shareholders with remuneration for the investment made, through the flow of income generated by the assets and the increase in the value equity of its shares.

Caixa Rio Bravo Fundo DE Fundos DE Investimento Imobiliario II Headlines

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