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Pt Graha Mitra Asia Tbk (ISX:RELF) Return-on-Tangible-Asset : 0.00% (As of . 20)


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What is Pt Graha Mitra Asia 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 Graha Mitra Asia Tbk's annualized Net Income for the quarter that ended in . 20 was Rp Mil. Pt Graha Mitra Asia Tbk's average total tangible assets for the quarter that ended in . 20 was Rp Mil. Therefore, Pt Graha Mitra Asia Tbk's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 was 0.00%.

The historical rank and industry rank for Pt Graha Mitra Asia Tbk's Return-on-Tangible-Asset or its related term are showing as below:

ISX:RELF's Return-on-Tangible-Asset is not ranked *
in the Real Estate industry.
Industry Median: 1.405
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Pt Graha Mitra Asia Tbk Return-on-Tangible-Asset Historical Data

The historical data trend for Pt Graha Mitra Asia 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 Graha Mitra Asia Tbk Return-on-Tangible-Asset Chart

Pt Graha Mitra Asia Tbk Annual Data
Trend
Return-on-Tangible-Asset

Pt Graha Mitra Asia Tbk Semi-Annual Data
Return-on-Tangible-Asset

Competitive Comparison of Pt Graha Mitra Asia Tbk's Return-on-Tangible-Asset

For the Real Estate - Development subindustry, Pt Graha Mitra Asia 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 Graha Mitra Asia Tbk's Return-on-Tangible-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Pt Graha Mitra Asia Tbk's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Pt Graha Mitra Asia Tbk's Return-on-Tangible-Asset falls into.


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Pt Graha Mitra Asia Tbk Return-on-Tangible-Asset Calculation

Pt Graha Mitra Asia Tbk'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 )
=/( (+)/ )
=/
= %

Pt Graha Mitra Asia Tbk'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.


Pt Graha Mitra Asia Tbk  (ISX:RELF) 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 Graha Mitra Asia Tbk Return-on-Tangible-Asset Related Terms

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Pt Graha Mitra Asia Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan TB Simatupang, Sovereign Plaza Lt.5 Unit A, Kav. 36, West Cilandak Village, Cilandak, Jakarta, IDN, 12430
Pt Graha Mitra Asia Tbk is engaged in Real Estate and Property Development. Its projects include the Kemang Greenland Project which builds housing, apartments and commercial kiosks with a total of more than 1,000 Residential units. One of the Company's strengths is its ability to sell quickly with its Greenland Kemang Housing project with a total sales of 20 Units in just 6 months since it was first launched. The Company and its management team always strive to provide premium quality and make This a very important role in conducting business activities.

Pt Graha Mitra Asia Tbk Headlines

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