GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Nha Trang Textile & Garment JSC (HSTC:NTT) » Definitions » Return-on-Tangible-Asset

Nha Trang Textile & Garment JSC (HSTC:NTT) Return-on-Tangible-Asset : 0.00% (As of . 20)


View and export this data going back to 2017. Start your Free Trial

What is Nha Trang Textile & Garment JSC 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. Nha Trang Textile & Garment JSC's annualized Net Income for the quarter that ended in . 20 was ₫ Mil. Nha Trang Textile & Garment JSC's average total tangible assets for the quarter that ended in . 20 was ₫ Mil. Therefore, Nha Trang Textile & Garment JSC's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 was 0.00%.

The historical rank and industry rank for Nha Trang Textile & Garment JSC's Return-on-Tangible-Asset or its related term are showing as below:

HSTC:NTT's Return-on-Tangible-Asset is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 2.18
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Nha Trang Textile & Garment JSC Return-on-Tangible-Asset Historical Data

The historical data trend for Nha Trang Textile & Garment JSC'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.

Nha Trang Textile & Garment JSC Return-on-Tangible-Asset Chart

Nha Trang Textile & Garment JSC Annual Data
Trend
Return-on-Tangible-Asset

Nha Trang Textile & Garment JSC Semi-Annual Data
Return-on-Tangible-Asset

Competitive Comparison of Nha Trang Textile & Garment JSC's Return-on-Tangible-Asset

For the Apparel Manufacturing subindustry, Nha Trang Textile & Garment JSC'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.


Nha Trang Textile & Garment JSC's Return-on-Tangible-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nha Trang Textile & Garment JSC's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Nha Trang Textile & Garment JSC's Return-on-Tangible-Asset falls into.


;
;

Nha Trang Textile & Garment JSC Return-on-Tangible-Asset Calculation

Nha Trang Textile & Garment JSC's annualized Return-on-Tangible-Asset for the fiscal year that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+)/ )
=/
= %

Nha Trang Textile & Garment JSC's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) net income data.


Nha Trang Textile & Garment JSC  (HSTC:NTT) 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.


Nha Trang Textile & Garment JSC Return-on-Tangible-Asset Related Terms

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


Nha Trang Textile & Garment JSC Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Km 1447 National Highway 1A-Vinh Phuong Commune, Khanh Hoa Province, Nha Trang, VNM
Nha Trang Textile & Garment JSC is engaged in the activities of producing and processing knitted fabrics, finishing weaving, and dyeing. Its products include Poloshirts, Men's and Women's T-shirts, Winter and summer fashion men's and women's sportswear.

Nha Trang Textile & Garment JSC Headlines

No Headlines