Al-Qabidh Islamic Bank For Finance & Investment (IQS:BQAB) Return-on-Tangible-Asset: -0.99% (As of Dec. 2024)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Al-Qabidh Islamic Bank For Finance & Investment Return-on-Tangible-Asset?

Al-Qabidh Islamic Bank For Finance & Investment IQS:BQAB Return-on-Tangible-Asset is -0.99% as of Dec. 2024. The stock has 1 warning sign investors should review. Among 1,525 Banks companies, Al-Qabidh Islamic Bank For Finance & Investment ranks worse than 97.77% on this metric.

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. Al-Qabidh Islamic Bank For Finance & Investment's annualized Net Income for the quarter that ended in Dec. 2024 was ع.د-4,354.9 Mil. Al-Qabidh Islamic Bank For Finance & Investment's average total tangible assets for the quarter that ended in Dec. 2024 was ع.د439,474.9 Mil. Therefore, Al-Qabidh Islamic Bank For Finance & Investment's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was -0.99%.

The historical rank and industry rank for Al-Qabidh Islamic Bank For Finance & Investment's Return-on-Tangible-Asset or its related term are showing as below:

IQS:BQAB' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.99   Med: -0.59   Max: 0.01
Current: -0.99

During the past 3 years, Al-Qabidh Islamic Bank For Finance & Investment's highest Return-on-Tangible-Asset was 0.01%. The lowest was -0.99%. And the median was -0.59%.

IQS:BQAB's Return-on-Tangible-Asset is ranked worse than
97.77% of 1525 companies
in the Banks industry
Industry Median: 1.03 vs IQS:BQAB: -0.99

Al-Qabidh Islamic Bank For Finance & Investment  (IQS:BQAB) 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.


Al-Qabidh Islamic Bank For Finance & Investment Return-on-Tangible-Asset Related Terms


Al-Qabidh Islamic Bank For Finance & Investment Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Al-Qabidh Islamic Bank For Finance & Investment'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.

Al-Qabidh Islamic Bank For Finance & Investment Return-on-Tangible-Asset Chart

Al-Qabidh Islamic Bank For Finance & Investment Annual Data
Trend Dec22 Dec23 Dec24
Return-on-Tangible-Asset
0.01 -0.59 -0.99

Al-Qabidh Islamic Bank For Finance & Investment Semi-Annual Data
Dec22 Dec23 Dec24
Return-on-Tangible-Asset 0.01 -0.59 -0.99

IQS:BQAB vs PNC, USB: Return-on-Tangible-Asset Comparison

For the Banks - Regional subindustry, Al-Qabidh Islamic Bank For Finance & Investment'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.


Al-Qabidh Islamic Bank For Finance & Investment Return-on-Tangible-Asset vs Banks Industry

For the Banks industry and Financial Services sector, Al-Qabidh Islamic Bank For Finance & Investment's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Al-Qabidh Islamic Bank For Finance & Investment's Return-on-Tangible-Asset falls into.



Al-Qabidh Islamic Bank For Finance & Investment Return-on-Tangible-Asset Calculation

Al-Qabidh Islamic Bank For Finance & Investment'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 )
=-4354.862/( (435479.702+443470.167)/ 2 )
=-4354.862/439474.9345
=-0.99 %

Al-Qabidh Islamic Bank For Finance & Investment'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: Dec. 2023 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=-4354.862/( (435479.702+443470.167)/ 2 )
=-4354.862/439474.9345
=-0.99 %

* 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 (Dec. 2024) net income data.

What does a Return-on-Tangible-Asset of -0.99% mean?
Al-Qabidh Islamic Bank For Finance & Investment (IQS:BQAB) has a Return-on-Tangible-Asset of -0.99% as of Dec. 2024. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Al-Qabidh Islamic Bank For Finance & Investment and its competitors. According to the industry distribution chart, Al-Qabidh Islamic Bank For Finance & Investment ranks #1491 out of 1525 companies in the Banks industry, placing it in the top 97.8%.
Is Al-Qabidh Islamic Bank For Finance & Investment's Return-on-Tangible-Asset too high?
Al-Qabidh Islamic Bank For Finance & Investment's current Return-on-Tangible-Asset is -0.99%. Based on the distribution chart, Al-Qabidh Islamic Bank For Finance & Investment ranks #1491 out of 1525 companies in the Banks industry, which is in the bottom quartile relative to peers.
How does Al-Qabidh Islamic Bank For Finance & Investment's Return-on-Tangible-Asset compare to PNC and USB?
According to the Banks industry distribution chart, Al-Qabidh Islamic Bank For Finance & Investment ranks #1491 out of 1525 companies for Return-on-Tangible-Asset. This places Al-Qabidh Islamic Bank For Finance & Investment in the lower half of its industry. The industry median Return-on-Tangible-Asset is 1.03. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Banks company?
The median Return-on-Tangible-Asset among Banks companies is 1.03, based on 1,525 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Al-Qabidh Islamic Bank For Finance & Investment and its competitors. For the Banks industry, the median Return-on-Tangible-Asset is 1.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Al-Qabidh Islamic Bank For Finance & Investment's current Return-on-Tangible-Asset is -0.99%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Al-Qabidh Islamic Bank For Finance & Investment stock overvalued right now?
Al-Qabidh Islamic Bank For Finance & Investment (IQS:BQAB) has a current Return-on-Tangible-Asset of -0.99%. The current Return-on-Tangible-Asset is -0.99%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Al-Qabidh Islamic Bank For Finance & Investment (IQS:BQAB), the current Return-on-Tangible-Asset is -0.99% as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Al-Qabidh Islamic Bank For Finance & Investment Business Description

Address Al Sheikh Omar Street, Opposite of al Sheikh Omar Petrol Street, Baghdad, IRQ
Al-Qabidh Islamic Bank For Finance & Investment is a financial institution that provides banking services in IRAQ.