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IWSH (Wright Investors' Service Holdings) Return-on-Tangible-Asset : -37.21% (As of Dec. 2024)


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What is Wright Investors' Service Holdings 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. Wright Investors' Service Holdings's annualized Net Income for the quarter that ended in Dec. 2024 was $-0.95 Mil. Wright Investors' Service Holdings's average total tangible assets for the quarter that ended in Dec. 2024 was $2.55 Mil. Therefore, Wright Investors' Service Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was -37.21%.

The historical rank and industry rank for Wright Investors' Service Holdings's Return-on-Tangible-Asset or its related term are showing as below:

IWSH' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -31.81   Med: -22.07   Max: -12.45
Current: -31.81

During the past 13 years, Wright Investors' Service Holdings's highest Return-on-Tangible-Asset was -12.45%. The lowest was -31.81%. And the median was -22.07%.

IWSH's Return-on-Tangible-Asset is ranked worse than
77.47% of 506 companies
in the Diversified Financial Services industry
Industry Median: -1.25 vs IWSH: -31.81

Wright Investors' Service Holdings Return-on-Tangible-Asset Historical Data

The historical data trend for Wright Investors' Service Holdings'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.

Wright Investors' Service Holdings Return-on-Tangible-Asset Chart

Wright Investors' Service Holdings Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.05 -18.46 -24.32 -25.88 -31.62

Wright Investors' Service Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -24.43 -27.01 -31.12 -33.44 -37.21

Competitive Comparison of Wright Investors' Service Holdings's Return-on-Tangible-Asset

For the Shell Companies subindustry, Wright Investors' Service Holdings'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.


Wright Investors' Service Holdings's Return-on-Tangible-Asset Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Wright Investors' Service Holdings's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Wright Investors' Service Holdings's Return-on-Tangible-Asset falls into.


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Wright Investors' Service Holdings Return-on-Tangible-Asset Calculation

Wright Investors' Service Holdings'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 )
=-0.92/( (3.374+2.446)/ 2 )
=-0.92/2.91
=-31.62 %

Wright Investors' Service Holdings'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: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=-0.948/( (2.65+2.446)/ 2 )
=-0.948/2.548
=-37.21 %

* 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. 2024) net income data.


Wright Investors' Service Holdings  (OTCPK:IWSH) 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.


Wright Investors' Service Holdings Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Wright Investors' Service Holdings's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Wright Investors' Service Holdings Business Description

Traded in Other Exchanges
N/A
Address
118 North Bedford Road, Suite 100, Mount Kisco, NY, USA, 10549
Wright Investors' Service Holdings Inc is a shell company.
Executives
Miller William H Iii 10 percent owner C/O APG LLC, ONE SOUTH STREET, SUITE 2550, BALTIMORE MD 21202
Harvey P Eisen director, 10 percent owner, officer: CEO 100 SOUTH BEDFORD ROAD, MT KISCO NY 10549
Cove Street Capital, Llc 10 percent owner 525 SOUTH DOUGLAS STREET, SUITE 225, EL SEGUNDO CA 90245
Cameron Dort A Iii director
Jeffrey Bronchick 10 percent owner 2101 EAST EL SEGUNDO BOULEVARD, SUITE 302, EL SEGUNDO CA 90245
Andrew Leaf 10 percent owner 2101 E EL SEGUNDO BOULEVARD, SUITE 302, EL SEGUNDO CA 90245
Paul Hinkle 10 percent owner 2101 E EL SEGUNDO BOULEVARD, SUITE 302, EL SEGUNDO CA 90245
Eugene Vlad Robin 10 percent owner 2508 FISK LANE, REDONDO BEACH CA 90278
Harold D. Kahn officer: Acting CFO & PAO 177 WEST PUTNAM AVENUE, GREENWICH CT 06830
Marshall S Geller director 10866 WILSHIRE BLVD., SUITE 1450, LOS ANGELES CA 90024
Amit S Khandwala officer: Co- CEO. The Winthrop Corp. 5 MAYFAIR DRIVE, TRUMBULL CT 06611
Pfenniger Richard C Jr director 4400 BISCAYNE BLVD., MIAMI FL 33137
Peter M. Donovan director, officer: CEO of Operating Subsidiary C/O THE WINTHROP CORPORATION, 440 WHEELERS FARM ROAD, MILFORD CT 06461
Thomas J Hayes officer: Chief Operating Officer 100 SOUTH BEDFORD ROAD, SUITE 2R, MOUNT KISCO NY 10549
Bedford Oak Capital Lp 10 percent owner