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Landmark Infrastructure Partners LP (Landmark Infrastructure Partners LP) Return-on-Tangible-Asset : 0.99% (As of Sep. 2021)


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What is Landmark Infrastructure Partners LP 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. Landmark Infrastructure Partners LP's annualized Net Income for the quarter that ended in Sep. 2021 was $8.66 Mil. Landmark Infrastructure Partners LP's average total tangible assets for the quarter that ended in Sep. 2021 was $875.73 Mil. Therefore, Landmark Infrastructure Partners LP's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2021 was 0.99%.

The historical rank and industry rank for Landmark Infrastructure Partners LP's Return-on-Tangible-Asset or its related term are showing as below:

LMRK' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.13   Med: 2.28   Max: 15.28
Current: 2.27

During the past 9 years, Landmark Infrastructure Partners LP's highest Return-on-Tangible-Asset was 15.28%. The lowest was -1.13%. And the median was 2.28%.

LMRK's Return-on-Tangible-Asset is not ranked
in the Real Estate industry.
Industry Median: 1.19 vs LMRK: 2.27

Landmark Infrastructure Partners LP Return-on-Tangible-Asset Historical Data

The historical data trend for Landmark Infrastructure Partners LP'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.

Landmark Infrastructure Partners LP Return-on-Tangible-Asset Chart

Landmark Infrastructure Partners LP Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only 1.86 2.88 15.28 2.70 3.40

Landmark Infrastructure Partners LP Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 2.88 2.87 2.71 2.48 0.99

Competitive Comparison of Landmark Infrastructure Partners LP's Return-on-Tangible-Asset

For the Real Estate Services subindustry, Landmark Infrastructure Partners LP'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.


Landmark Infrastructure Partners LP's Return-on-Tangible-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Landmark Infrastructure Partners LP's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Landmark Infrastructure Partners LP's Return-on-Tangible-Asset falls into.



Landmark Infrastructure Partners LP Return-on-Tangible-Asset Calculation

Landmark Infrastructure Partners LP's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2020 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2020 )  (A: Dec. 2019 )(A: Dec. 2020 )
=29.086/( (833.669+875.361)/ 2 )
=29.086/854.515
=3.40 %

Landmark Infrastructure Partners LP's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2021 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2021 )  (Q: Jun. 2021 )(Q: Sep. 2021 )
=8.664/( (878.027+873.435)/ 2 )
=8.664/875.731
=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 four times the quarterly (Sep. 2021) net income data.


Landmark Infrastructure Partners LP  (NAS:LMRK) 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.


Landmark Infrastructure Partners LP Return-on-Tangible-Asset Related Terms

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Landmark Infrastructure Partners LP (Landmark Infrastructure Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
400 Continental Boulevard, Suite 500, El Segundo, CA, USA, 90245
Landmark Infrastructure Partners LP is a real estate and infrastructure company that acquires, owns and manages a portfolio of real property interests and infrastructure assets that is leased to companies in the wireless communication, outdoor advertising and renewable power generation industries. The company's real property interests underlie its tenants' infrastructure assets, including cellular towers, rooftop wireless sites, billboards, solar farms and wind turbines. Its segments include Wireless communication, Outdoor advertising, and Renewable power generation.
Executives
Landmark Dividend Llc director, 10 percent owner 2141 ROSECRANS AVENUE, SUITE 2100 EL SEGUNDO CA 90245
Gerald A Tywoniuk director, other: SEE REMARKS 5900 CHERRY AVENUE LONG BEACH CA 90805-4408
White Thomas Carey Iii director, other: SEE REMARKS C/O LANDMARK INFRASTRUCTURE PARTNERS LP 2141 ROSECRANS AVENUE, SUITE 2100 EL SEGUNDO CA 90245
Keith Benson director, other: SEE REMARKS C/O USD PARTNERS LP, 811 MAIN STREET, SUITE 2800, HOUSTON TX 77002
Brazy Arthur P Jr director, officer: SEE REMARKS C/O LANDMARK INFRASTRUCTURE PARTNERS LP 2141 ROSECRANS AVENUE, SUITE 2100 EL SEGUNDO CA 90245
Aim Universal Holdings, Llc director, 10 percent owner 950 TOWER LANE, SUITE 800 FOSTER CITY CA 94404
Landmark Dividend Holdings Llc director, 10 percent owner 950 TOWER LANE, SUITE 800 ATTENTION: M.P. CARBONE & E. G. LEUNG FOSTER CITY CA 94404
Aim Landmark Holdings, Llc director, 10 percent owner C/O AIM UNIVERSAL HOLDINGS, LLC 950 TOWER LANE, SUITE 800 FOSTER CITY CA 94404
Matthew P Carbone director, other: SEE REMARKS C/O OXFORD RESOURCE PARTNERS, LP 544 CHESTNUT STREET COSHOCTON OH 43812
George P Doyle officer: SEE REMARKS 3760 KILROY AIRPORT WAY, LONG BEACH CA 90806
Daniel R Parsons officer: SEE REMARKS C/O LANDMARK INFRASTRUCTURE PARTNERS LP 2141 ROSECRANS AVENUE, SUITE 2100 EL SEGUNDO CA 90245
Edmond G Leung director, other: See Remarks C/O LANDMARK INFRASTRUCTURE PARTNERS LP 2141 ROSECRANS AVENUE, SUITE 2100 EL SEGUNDO CA 90245
Josef Iii Bobek officer: General Counsel & Secretary, other: SEE REMARKS 2141 ROSECRANS AVENUE SUITE 2100 EL SEGUND CA 90245
Nandit Gandhi director, other: SEE REMARKS C/O LANDMARK INFRASTRUCTURE PARTNERS LP 2141 ROSECRANS AVENUE, SUITE 2100 EL SEGUNDO CA 90245
Ronald W Readmond director, other: SEE REMARKS 4125 HOPYARD RD PLEASANTON CA 94588

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