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BTDPY (Barratt Redrow) Return-on-Tangible-Asset : 1.83% (As of Dec. 2024)


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What is Barratt Redrow 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. Barratt Redrow's annualized Net Income for the quarter that ended in Dec. 2024 was $190 Mil. Barratt Redrow's average total tangible assets for the quarter that ended in Dec. 2024 was $10,385 Mil. Therefore, Barratt Redrow's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 1.83%.

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

BTDPY' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.58   Med: 10.07   Max: 11.85
Current: 1.58

During the past 13 years, Barratt Redrow's highest Return-on-Tangible-Asset was 11.85%. The lowest was 1.58%. And the median was 10.07%.

BTDPY's Return-on-Tangible-Asset is ranked worse than
72.16% of 97 companies
in the Homebuilding & Construction industry
Industry Median: 3.72 vs BTDPY: 1.58

Barratt Redrow Return-on-Tangible-Asset Historical Data

The historical data trend for Barratt Redrow'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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Barratt Redrow Return-on-Tangible-Asset Chart

Barratt Redrow Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.40 11.10 7.04 7.61 1.66

Barratt Redrow Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 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 10.72 4.38 2.04 1.36 1.83

Competitive Comparison of Barratt Redrow's Return-on-Tangible-Asset

For the Residential Construction subindustry, Barratt Redrow'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.


Barratt Redrow's Return-on-Tangible-Asset Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Barratt Redrow's Return-on-Tangible-Asset distribution charts can be found below:

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


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Barratt Redrow Return-on-Tangible-Asset Calculation

Barratt Redrow's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2024 )  (A: Jun. 2023 )(A: Jun. 2024 )
=145.165/( (8783.081+8699.491)/ 2 )
=145.165/8741.286
=1.66 %

Barratt Redrow'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: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=190.392/( (8699.491+12071.303)/ 2 )
=190.392/10385.397
=1.83 %

* 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 two times the semi-annual (Dec. 2024) net income data.


Barratt Redrow  (OTCPK:BTDPY) 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.


Barratt Redrow Return-on-Tangible-Asset Related Terms

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Barratt Redrow Business Description

Traded in Other Exchanges
Address
Cartwright Way, Forest Business Park, Barratt House, Bardon Hill, Coalville, Leicestershire, GBR, LE67 1UF
Barratt Developments is the UK's largest residential property developer by revenue and dwelling completions, marketing homes under its three brands: Barratt Homes, David Wilson, and Barratt London. Aligning with the typical business model employed by UK homebuilders, Barratt is vertically integrated through the land development, construction, and sales and marketing segments of the residential property development value chain.