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Fitness Prime (CAI:FTNS) Return-on-Tangible-Asset : 0.00% (As of . 20)


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What is Fitness Prime 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. Fitness Prime's annualized Net Income for the quarter that ended in . 20 was E£ Mil. Fitness Prime's average total tangible assets for the quarter that ended in . 20 was E£ Mil. Therefore, Fitness Prime's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 was 0.00%.

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

CAI:FTNS's Return-on-Tangible-Asset is not ranked *
in the Travel & Leisure industry.
Industry Median: 2.29
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Fitness Prime Return-on-Tangible-Asset Historical Data

The historical data trend for Fitness Prime'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.

Fitness Prime Return-on-Tangible-Asset Chart

Fitness Prime Annual Data
Trend
Return-on-Tangible-Asset

Fitness Prime Semi-Annual Data
Return-on-Tangible-Asset

Competitive Comparison of Fitness Prime's Return-on-Tangible-Asset

For the Leisure subindustry, Fitness Prime'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.


Fitness Prime's Return-on-Tangible-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Fitness Prime's Return-on-Tangible-Asset distribution charts can be found below:

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


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Fitness Prime Return-on-Tangible-Asset Calculation

Fitness Prime's annualized Return-on-Tangible-Asset for the fiscal year that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+)/ )
=/
= %

Fitness Prime's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 (. 20) net income data.


Fitness Prime  (CAI:FTNS) 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.


Fitness Prime Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Fitness Prime's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Fitness Prime Business Description

Traded in Other Exchanges
N/A
Address
West Sumed Street 8, No. 5 - Property No. 7, Neighborhood 8, Giza, EGY
Fitness Prime operates fitness clubs. The company is engaged in providing fitness services and programs resulting in improving the health and well-being of individuals. The company also allows to use of equipment and facilities provided by State-of-the-art. The services provided by the company also include Gyms and spas franchised with international brands.

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