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TheStreet (FRA:THSN) Return-on-Tangible-Asset : -15.77% (As of Jun. 2019)


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What is TheStreet 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. TheStreet's annualized Net Income for the quarter that ended in Jun. 2019 was €-11.53 Mil. TheStreet's average total tangible assets for the quarter that ended in Jun. 2019 was €73.09 Mil. Therefore, TheStreet's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2019 was -15.77%.

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

FRA:THSN's Return-on-Tangible-Asset is not ranked *
in the Capital Markets industry.
Industry Median: 1.445
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

TheStreet Return-on-Tangible-Asset Historical Data

The historical data trend for TheStreet'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.

TheStreet Return-on-Tangible-Asset Chart

TheStreet Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.94 -3.74 -47.49 10.04 35.55

TheStreet Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 253.23 -12.39 -42.87 194.37 -15.77

Competitive Comparison of TheStreet's Return-on-Tangible-Asset

For the Capital Markets subindustry, TheStreet'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.


TheStreet's Return-on-Tangible-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, TheStreet's Return-on-Tangible-Asset distribution charts can be found below:

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



TheStreet Return-on-Tangible-Asset Calculation

TheStreet's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2018 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=16.011/( (27.442+62.641)/ 2 )
=16.011/45.0415
=35.55 %

TheStreet's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2019 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2019 )  (Q: Mar. 2019 )(Q: Jun. 2019 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2019 )  (Q: Mar. 2019 )(Q: Jun. 2019 )
=-11.528/( (115.895+30.29)/ 2 )
=-11.528/73.0925
=-15.77 %

* 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 four times the quarterly (Jun. 2019) net income data.


TheStreet  (FRA:THSN) 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.


TheStreet Return-on-Tangible-Asset Related Terms

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


TheStreet (FRA:THSN) Business Description

Traded in Other Exchanges
N/A
Address
14 Wall Street, 15th Floor, New York, NY, USA, 10005
TheStreet Inc is a US-based financial news and information provider. Its business-to-business (B2B) and business-to-consumer (B2C) content and products provide individual and institutional investors, advisors and dealmakers with actionable information from the worlds of finance and business. The company's B2B products provide dealmakers, their advisers and institutional investors with news, data, and analysis of mergers and acquisitions and corporate actions, relationship mapping services, and competitive bank rate data. Its B2C business includes free content and houses premium subscription products. The company has three reportable segments: TheDeal/BoardEx (B2B), RateWatch and B2C. Revenue generated by the company includes subscription fees charged to institutional and retail customers.

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