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. Be Heard Group's annualizedNet Income for the quarter that ended in Dec. 2019 was £-11.74 Mil. Be Heard Group's average total tangible assets for the quarter that ended in Dec. 2019 was £19.43 Mil. Therefore, Be Heard Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2019 was -60.43%.
The historical rank and industry rank for Be Heard Group's Return-on-Tangible-Asset or its related term are showing as below:
LSE:BHRD'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -67.89 Med: -21.88 Max: -9.62
Current: -48.72
During the past 4 years, Be Heard Group's highest Return-on-Tangible-Asset was -9.62%. The lowest was -67.89%. And the median was -21.88%.
LSE:BHRD's Return-on-Tangible-Asset is not ranked
in the Media - Diversified industry.
Industry Median: 1.08
vs LSE:BHRD: -48.72
Be Heard Group Return-on-Tangible-Asset Historical Data
The historical data trend for Be Heard Group'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.
Competitive Comparison of Be Heard Group's Return-on-Tangible-Asset
For the Advertising Agencies subindustry, Be Heard Group'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.
Be Heard Group's Return-on-Tangible-Asset Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Be Heard Group's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Be Heard Group's Return-on-Tangible-Asset falls into.
Be Heard Group Return-on-Tangible-Asset Calculation
Be Heard Group's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2018 is calculated as:
* 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. 2019) net income data.
Be Heard Group (LSE:BHRD) 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 companys 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 companys 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.
Be Heard Group Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Be Heard Group's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Be Heard Group PLC is a United Kingdoms-based digital marketing group operating at the intersection of marketing, technology, and e-commerce. Its segments include Be Heard Group; Design, Build and UX; Media Planning and Buying; Content Management; Analytics Consultancy; and Full-Service Agency. It plans, buys and manages multi-channel marketing campaigns including paid search, search engine optimization, paid social media, programmatic and negotiated display media across desktop, mobile and other digitally connected devices. Most of the company's revenue is generated from the media planning and buying segment in the UK. Geographically it operates in the UK and Non-UK segments.
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