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Alina Holdings (LSE:ALNA) Return-on-Tangible-Asset : -9.83% (As of Dec. 2023)


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What is Alina 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. Alina Holdings's annualized Net Income for the quarter that ended in Dec. 2023 was £-0.60 Mil. Alina Holdings's average total tangible assets for the quarter that ended in Dec. 2023 was £6.14 Mil. Therefore, Alina Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 was -9.83%.

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

LSE:ALNA' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -17.46   Med: -2.6   Max: 0.83
Current: -17.46

During the past 13 years, Alina Holdings's highest Return-on-Tangible-Asset was 0.83%. The lowest was -17.46%. And the median was -2.60%.

LSE:ALNA's Return-on-Tangible-Asset is ranked worse than
98.63% of 800 companies
in the REITs industry
Industry Median: 2.34 vs LSE:ALNA: -17.46

Alina Holdings Return-on-Tangible-Asset Historical Data

The historical data trend for Alina 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.

Alina Holdings Return-on-Tangible-Asset Chart

Alina Holdings Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.53 -9.94 -4.00 -1.95 -17.24

Alina Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Jun21 Dec21 Jun22 Dec22 Jun23 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 -5.83 -9.32 5.42 -24.72 -9.83

Competitive Comparison of Alina Holdings's Return-on-Tangible-Asset

For the REIT - Retail subindustry, Alina 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.


Alina Holdings's Return-on-Tangible-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Alina Holdings's Return-on-Tangible-Asset distribution charts can be found below:

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



Alina Holdings Return-on-Tangible-Asset Calculation

Alina Holdings'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 )
=-1.123/( (7.012+6.015)/ 2 )
=-1.123/6.5135
=-17.24 %

Alina Holdings'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: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=-0.604/( (6.273+6.015)/ 2 )
=-0.604/6.144
=-9.83 %

* 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 two times the semi-annual (Dec. 2023) net income data.


Alina Holdings  (LSE:ALNA) 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.


Alina Holdings Return-on-Tangible-Asset Related Terms

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Alina Holdings (LSE:ALNA) Business Description

Traded in Other Exchanges
N/A
Address
Eastleigh Court, Bishopstrow, Warminster, GBR, BA12 9HW
Alina Holdings PLC, formelry Local Shopping REIT (The) PLC is a real estate investment trust. It owns a diversified portfolio comprising local shopping assets in urban and suburban centres throughout the United Kingdom. The company's investment objective is to maximise value for its shareholders from its existing portfolio of local real estate assets, comprising local shops in urban and suburban areas, as well as neighborhood and convenience properties throughout the United Kingdom. Geographically all the business activity of the trust is functioned through the region of United Kingdom.

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