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Hoegh Autoliners ASA (CHIX:HAUTOO) Return-on-Tangible-Asset : 28.56% (As of Mar. 2025)


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What is Hoegh Autoliners ASA 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. Hoegh Autoliners ASA's annualized Net Income for the quarter that ended in Mar. 2025 was kr6,607 Mil. Hoegh Autoliners ASA's average total tangible assets for the quarter that ended in Mar. 2025 was kr23,136 Mil. Therefore, Hoegh Autoliners ASA's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 28.56%.

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

CHIX:HAUTOo' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -4.06   Med: 8.13   Max: 32.84
Current: 32.84

During the past 7 years, Hoegh Autoliners ASA's highest Return-on-Tangible-Asset was 32.84%. The lowest was -4.06%. And the median was 8.13%.

CHIX:HAUTOo's Return-on-Tangible-Asset is ranked better than
98.31% of 1004 companies
in the Transportation industry
Industry Median: 3.975 vs CHIX:HAUTOo: 32.84

Hoegh Autoliners ASA Return-on-Tangible-Asset Historical Data

The historical data trend for Hoegh Autoliners ASA'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.

Hoegh Autoliners ASA Return-on-Tangible-Asset Chart

Hoegh Autoliners ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial -1.15 8.13 18.35 31.87 30.65

Hoegh Autoliners ASA Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 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 23.42 36.63 39.28 27.52 28.56

Competitive Comparison of Hoegh Autoliners ASA's Return-on-Tangible-Asset

For the Marine Shipping subindustry, Hoegh Autoliners ASA'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.


Hoegh Autoliners ASA's Return-on-Tangible-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hoegh Autoliners ASA's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Hoegh Autoliners ASA's Return-on-Tangible-Asset falls into.


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Hoegh Autoliners ASA Return-on-Tangible-Asset Calculation

Hoegh Autoliners ASA'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 )
=6951.139/( (21724.844+23626.168)/ 2 )
=6951.139/22675.506
=30.65 %

Hoegh Autoliners ASA'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 )
=6607.284/( (23626.168+22646.049)/ 2 )
=6607.284/23136.1085
=28.56 %

* 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.


Hoegh Autoliners ASA  (CHIX:HAUTOo) 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.


Hoegh Autoliners ASA Return-on-Tangible-Asset Related Terms

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


Hoegh Autoliners ASA Business Description

Traded in Other Exchanges
Address
Drammensveien 134, Oslo, NOR, N-0277
Hoegh Autoliners ASA is a provider of transportation services within the Roll-on Roll-off (RoRo) segment. The company's fleet of Pure Car and Truck Carriers sailing in trade systems, combined with its local presence, enables the company to cater to the specific needs of its customers. It offers deep-sea transportation of RoRo cargo such as cars, high and heavy machinery and breakbulk. The Group has two operating segments, Shipping services and Logistics services. The company generates the majority of its revenue from the Shipping services segment.

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