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Rank Group (The) (CHIX:RNKL) Return-on-Tangible-Asset : 19.91% (As of Dec. 2024)


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What is Rank Group (The) 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. Rank Group (The)'s annualized Net Income for the quarter that ended in Dec. 2024 was £57.8 Mil. Rank Group (The)'s average total tangible assets for the quarter that ended in Dec. 2024 was £290.3 Mil. Therefore, Rank Group (The)'s annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 19.91%.

The historical rank and industry rank for Rank Group (The)'s Return-on-Tangible-Asset or its related term are showing as below:

CHIX:RNKl' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -30.14   Med: 11.94   Max: 23.16
Current: 11.16

During the past 13 years, Rank Group (The)'s highest Return-on-Tangible-Asset was 23.16%. The lowest was -30.14%. And the median was 11.94%.

CHIX:RNKl's Return-on-Tangible-Asset is ranked better than
85.6% of 840 companies
in the Travel & Leisure industry
Industry Median: 2.3 vs CHIX:RNKl: 11.16

Rank Group (The) Return-on-Tangible-Asset Historical Data

The historical data trend for Rank Group (The)'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.

Rank Group (The) Return-on-Tangible-Asset Chart

Rank Group (The) 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 2.82 -18.96 18.22 -30.14 4.42

Rank Group (The) 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 -59.83 3.35 6.44 2.45 19.91

Competitive Comparison of Rank Group (The)'s Return-on-Tangible-Asset

For the Gambling subindustry, Rank Group (The)'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.


Rank Group (The)'s Return-on-Tangible-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Rank Group (The)'s Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Rank Group (The)'s Return-on-Tangible-Asset falls into.


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Rank Group (The) Return-on-Tangible-Asset Calculation

Rank Group (The)'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 )
=12.5/( (279.4+286.1)/ 2 )
=12.5/282.75
=4.42 %

Rank Group (The)'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 )
=57.8/( (286.1+294.5)/ 2 )
=57.8/290.3
=19.91 %

* 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.


Rank Group (The)  (CHIX:RNKl) 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.


Rank Group (The) Return-on-Tangible-Asset Related Terms

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


Rank Group (The) Business Description

Traded in Other Exchanges
Address
TOR, Saint-Cloud Way, Maidenhead, GBR, SL6 8BN
Rank Group (The) PLC is a gambling company with five primary business segments: Grosvenor Venues, Mecca Venues, Digital, Enracha Venues, and Central Costs. Its highest revenue producer is Grosvenor Casinos, a multichannel casino operator in the United Kingdom, which operates a variety of casino and slot machine games. Mecca offers bingo, gaming machines, great value food and drink, and live entertainment. Enracha is Rank's community gaming business for the Spanish market. Rank's digital business segment includes Mecca and Grosvenor for the UK market and Yo for the Spanish market and also operates over 80 UK digital-only brands via its proprietary technology platform and third-party platforms. The company generates the majority of its revenue in the United Kingdom.

Rank Group (The) Headlines

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