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Societe d'Equipements Domestiques et Menagers Credit EQDOM (CAS:EQD) Return-on-Tangible-Asset : -1.77% (As of Dec. 2024)


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What is Societe d'Equipements Domestiques et Menagers Credit EQDOM 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. Societe d'Equipements Domestiques et Menagers Credit EQDOM's annualized Net Income for the quarter that ended in Dec. 2024 was MAD-134 Mil. Societe d'Equipements Domestiques et Menagers Credit EQDOM's average total tangible assets for the quarter that ended in Dec. 2024 was MAD7,583 Mil. Therefore, Societe d'Equipements Domestiques et Menagers Credit EQDOM's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was -1.77%.

The historical rank and industry rank for Societe d'Equipements Domestiques et Menagers Credit EQDOM's Return-on-Tangible-Asset or its related term are showing as below:

CAS:EQD' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.07   Med: 1.44   Max: 1.87
Current: -0.07

During the past 13 years, Societe d'Equipements Domestiques et Menagers Credit EQDOM's highest Return-on-Tangible-Asset was 1.87%. The lowest was -0.07%. And the median was 1.44%.

CAS:EQD's Return-on-Tangible-Asset is ranked worse than
73.42% of 538 companies
in the Credit Services industry
Industry Median: 1.69 vs CAS:EQD: -0.07

Societe d'Equipements Domestiques et Menagers Credit EQDOM Return-on-Tangible-Asset Historical Data

The historical data trend for Societe d'Equipements Domestiques et Menagers Credit EQDOM'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.

Societe d'Equipements Domestiques et Menagers Credit EQDOM Return-on-Tangible-Asset Chart

Societe d'Equipements Domestiques et Menagers Credit EQDOM Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.43 1.20 1.19 -0.07

Societe d'Equipements Domestiques et Menagers Credit EQDOM 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 1.12 1.50 0.87 1.63 -1.77

Competitive Comparison of Societe d'Equipements Domestiques et Menagers Credit EQDOM's Return-on-Tangible-Asset

For the Credit Services subindustry, Societe d'Equipements Domestiques et Menagers Credit EQDOM'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.


Societe d'Equipements Domestiques et Menagers Credit EQDOM's Return-on-Tangible-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Societe d'Equipements Domestiques et Menagers Credit EQDOM's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Societe d'Equipements Domestiques et Menagers Credit EQDOM's Return-on-Tangible-Asset falls into.


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Societe d'Equipements Domestiques et Menagers Credit EQDOM Return-on-Tangible-Asset Calculation

Societe d'Equipements Domestiques et Menagers Credit EQDOM'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 )
=-5.32/( (7526.986+7563.672)/ 2 )
=-5.32/7545.329
=-0.07 %

Societe d'Equipements Domestiques et Menagers Credit EQDOM'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 )
=-134.104/( (7602.542+7563.672)/ 2 )
=-134.104/7583.107
=-1.77 %

* 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.


Societe d'Equipements Domestiques et Menagers Credit EQDOM  (CAS:EQD) 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.


Societe d'Equipements Domestiques et Menagers Credit EQDOM Return-on-Tangible-Asset Related Terms

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Societe d'Equipements Domestiques et Menagers Credit EQDOM Business Description

Traded in Other Exchanges
N/A
Address
127. Boulevard Zerktouni, Casablanca, MAR, 20 100
Societe d'Equipements Domestiques et Menagers Credit EQDOM SA is engaged in financing and lending activities to facilitate the purchase of personal property especially household electrical appliances or other consumer goods for individuals or legal entities. Its products include car finance, wedding finance, trip finance, house finance, and financing desires.