GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Life Science REIT PLC (CHIX:LABSl) » Definitions » Return-on-Tangible-Asset

Life Science REIT (CHIX:LABSL) Return-on-Tangible-Asset : -0.48% (As of Dec. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Life Science REIT 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. Life Science REIT's annualized Net Income for the quarter that ended in Dec. 2024 was £-1.92 Mil. Life Science REIT's average total tangible assets for the quarter that ended in Dec. 2024 was £401.77 Mil. Therefore, Life Science REIT's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was -0.48%.

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

CHIX:LABSl' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.82   Med: -4.25   Max: 2.14
Current: -3.45

During the past 4 years, Life Science REIT's highest Return-on-Tangible-Asset was 2.14%. The lowest was -6.82%. And the median was -4.25%.

CHIX:LABSl's Return-on-Tangible-Asset is ranked worse than
89.51% of 934 companies
in the REITs industry
Industry Median: 2.865 vs CHIX:LABSl: -3.45

Life Science REIT Return-on-Tangible-Asset Historical Data

The historical data trend for Life Science REIT'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.

Life Science REIT Return-on-Tangible-Asset Chart

Life Science REIT Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
2.14 -6.82 -5.06 -3.44

Life Science REIT Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Return-on-Tangible-Asset Get a 7-Day Free Trial -14.83 2.40 -12.73 -6.40 -0.48

Competitive Comparison of Life Science REIT's Return-on-Tangible-Asset

For the REIT - Healthcare Facilities subindustry, Life Science REIT'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.


Life Science REIT's Return-on-Tangible-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Life Science REIT's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Life Science REIT's Return-on-Tangible-Asset falls into.


;
;

Life Science REIT Return-on-Tangible-Asset Calculation

Life Science REIT'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 )
=-13.977/( (410.704+401.187)/ 2 )
=-13.977/405.9455
=-3.44 %

Life Science REIT'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 )
=-1.924/( (402.362+401.187)/ 2 )
=-1.924/401.7745
=-0.48 %

* 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.


Life Science REIT  (CHIX:LABSl) 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.


Life Science REIT Return-on-Tangible-Asset Related Terms

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


Life Science REIT Business Description

Traded in Other Exchanges
Address
51 Clarendon Road, First Floor Radius House, Watford, Hertfordshire, GBR, WD17 1HP
Life Science REIT PLC is the first London-listed REIT to focus on investment in properties in the life science sector in the UK. The company will invest in may include wet and dry laboratories, offices, incubators and co-working spaces, manufacturing and testing facilities, and data centers.

Life Science REIT Headlines

No Headlines