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PT Intiland Development Tbk (ISX:DILD) Return-on-Tangible-Asset : 2.03% (As of Dec. 2023)


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What is PT Intiland Development Tbk 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. PT Intiland Development Tbk's annualized Net Income for the quarter that ended in Dec. 2023 was Rp297,224 Mil. PT Intiland Development Tbk's average total tangible assets for the quarter that ended in Dec. 2023 was Rp14,640,783 Mil. Therefore, PT Intiland Development Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 was 2.03%.

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

ISX:DILD' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -0.6   Med: 1.62   Max: 5.21
Current: 1.14

During the past 13 years, PT Intiland Development Tbk's highest Return-on-Tangible-Asset was 5.21%. The lowest was -0.60%. And the median was 1.62%.

ISX:DILD's Return-on-Tangible-Asset is ranked better than
50.96% of 1819 companies
in the Real Estate industry
Industry Median: 1.07 vs ISX:DILD: 1.14

PT Intiland Development Tbk Return-on-Tangible-Asset Historical Data

The historical data trend for PT Intiland Development Tbk'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.

PT Intiland Development Tbk Return-on-Tangible-Asset Chart

PT Intiland Development Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.74 0.50 0.08 -0.60 1.13

PT Intiland Development Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.18 0.76 0.24 1.61 2.03

Competitive Comparison of PT Intiland Development Tbk's Return-on-Tangible-Asset

For the Real Estate - Development subindustry, PT Intiland Development Tbk'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.


PT Intiland Development Tbk's Return-on-Tangible-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, PT Intiland Development Tbk's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where PT Intiland Development Tbk's Return-on-Tangible-Asset falls into.



PT Intiland Development Tbk Return-on-Tangible-Asset Calculation

PT Intiland Development Tbk's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=174108.406/( (16345663.872+14597723.637)/ 2 )
=174108.406/15471693.7545
=1.13 %

PT Intiland Development Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=297224.148/( (14683842.866+14597723.637)/ 2 )
=297224.148/14640783.2515
=2.03 %

* 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 (Dec. 2023) net income data.


PT Intiland Development Tbk  (ISX:DILD) 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.


PT Intiland Development Tbk Return-on-Tangible-Asset Related Terms

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PT Intiland Development Tbk (ISX:DILD) Business Description

Traded in Other Exchanges
Address
Jalan Jendral Sudirman 32, Intiland Tower, Penthouse Floor, Jakarta, IDN, 10220
PT Intiland Development Tbk is a property development company. Its business activities engaged in four core segments portfolio namely the development of mixed-use and high-rise buildings, residential estates, industrial estate, and investment properties in the Greater Jakarta area (Jakarta, Bogor, Depok, Tangerang, and Bekasi) as well as Surabaya and its surrounding areas. The company generates the majority of its revenue from the High-rise segment.

PT Intiland Development Tbk (ISX:DILD) Headlines

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