GURUFOCUS.COM » STOCK LIST » Technology » Software » PT Topindo Solusi Komunika Tbk (ISX:TOSK) » Definitions » Return-on-Tangible-Asset

PT Topindo Solusi Komunika Tbk (ISX:TOSK) Return-on-Tangible-Asset : 0.00% (As of . 20)


View and export this data going back to 2024. Start your Free Trial

What is PT Topindo Solusi Komunika 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 Topindo Solusi Komunika Tbk's annualized Net Income for the quarter that ended in . 20 was Rp Mil. PT Topindo Solusi Komunika Tbk's average total tangible assets for the quarter that ended in . 20 was Rp Mil. Therefore, PT Topindo Solusi Komunika 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 Topindo Solusi Komunika Tbk's Return-on-Tangible-Asset or its related term are showing as below:

ISX:TOSK's Return-on-Tangible-Asset is not ranked *
in the Software industry.
Industry Median: 1.9
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

PT Topindo Solusi Komunika Tbk Return-on-Tangible-Asset Historical Data

The historical data trend for PT Topindo Solusi Komunika 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 Topindo Solusi Komunika Tbk Return-on-Tangible-Asset Chart

PT Topindo Solusi Komunika Tbk Annual Data
Trend
Return-on-Tangible-Asset

PT Topindo Solusi Komunika Tbk Semi-Annual Data
Return-on-Tangible-Asset

Competitive Comparison of PT Topindo Solusi Komunika Tbk's Return-on-Tangible-Asset

For the Software - Application subindustry, PT Topindo Solusi Komunika 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 Topindo Solusi Komunika Tbk's Return-on-Tangible-Asset Distribution in the Software Industry

For the Software industry and Technology sector, PT Topindo Solusi Komunika Tbk's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where PT Topindo Solusi Komunika Tbk's Return-on-Tangible-Asset falls into.


;
;

PT Topindo Solusi Komunika Tbk Return-on-Tangible-Asset Calculation

PT Topindo Solusi Komunika 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 Topindo Solusi Komunika 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 Topindo Solusi Komunika Tbk  (ISX:TOSK) 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 Topindo Solusi Komunika Tbk Return-on-Tangible-Asset Related Terms

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


PT Topindo Solusi Komunika Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Prince Diponegoro No. 19, RT 051, RW 016, Pasiran Village, West Singkawang District, West Kalimantan, Singkawang, IDN, 79123
PT Topindo Solusi Komunika Tbk provides technology platforms for commercial purposes. It is engaged in the sale of digital products, payment solution services, and an online-to-offline (O2O) platform. Its platform allows users to make bill payments, and buy refill products, travel tickets, game vouchers, and others. The company's product offerings include Topindoku Travel, Topindoku Wholesale, and Topindoku Courier among others. It is organized into two main business activities; digital products and fast-moving consumer goods. The majority of the company's revenue is generated from its Digital Products segment, which represents the sale of digital products, such as credit top-ups, data packages, and e-money among others.

PT Topindo Solusi Komunika Tbk Headlines

No Headlines