GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Marechale Capital PLC (LSE:MAC) » Definitions » Return-on-Tangible-Asset

Marechale Capital (LSE:MAC) Return-on-Tangible-Asset : -10.63% (As of Oct. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Marechale Capital 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. Marechale Capital's annualized Net Income for the quarter that ended in Oct. 2024 was £-0.36 Mil. Marechale Capital's average total tangible assets for the quarter that ended in Oct. 2024 was £3.35 Mil. Therefore, Marechale Capital's annualized Return-on-Tangible-Asset for the quarter that ended in Oct. 2024 was -10.63%.

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

LSE:MAC' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -64.09   Med: -6.51   Max: 113.19
Current: -6.07

During the past 13 years, Marechale Capital's highest Return-on-Tangible-Asset was 113.19%. The lowest was -64.09%. And the median was -6.51%.

LSE:MAC's Return-on-Tangible-Asset is ranked worse than
82.83% of 798 companies
in the Capital Markets industry
Industry Median: 1.395 vs LSE:MAC: -6.07

Marechale Capital Return-on-Tangible-Asset Historical Data

The historical data trend for Marechale Capital'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.

Marechale Capital Return-on-Tangible-Asset Chart

Marechale Capital Annual Data
Trend Mar14 Mar15 Mar16 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.36 46.02 113.19 -12.03 -5.40

Marechale Capital Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 -9.87 -14.23 -9.20 -1.57 -10.63

Competitive Comparison of Marechale Capital's Return-on-Tangible-Asset

For the Capital Markets subindustry, Marechale Capital'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.


Marechale Capital's Return-on-Tangible-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Marechale Capital's Return-on-Tangible-Asset distribution charts can be found below:

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


;
;

Marechale Capital Return-on-Tangible-Asset Calculation

Marechale Capital's annualized Return-on-Tangible-Asset for the fiscal year that ended in Apr. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Apr. 2024 )  (A: Apr. 2023 )(A: Apr. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Apr. 2024 )  (A: Apr. 2023 )(A: Apr. 2024 )
=-0.183/( (3.351+3.431)/ 2 )
=-0.183/3.391
=-5.40 %

Marechale Capital's annualized Return-on-Tangible-Asset for the quarter that ended in Oct. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Oct. 2024 )  (Q: Apr. 2024 )(Q: Oct. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Oct. 2024 )  (Q: Apr. 2024 )(Q: Oct. 2024 )
=-0.356/( (3.431+3.266)/ 2 )
=-0.356/3.3485
=-10.63 %

* 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 (Oct. 2024) net income data.


Marechale Capital  (LSE:MAC) 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.


Marechale Capital Return-on-Tangible-Asset Related Terms

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


Marechale Capital Business Description

Traded in Other Exchanges
N/A
Address
46 New Broad Street, London, GBR, EC2M 1JH
Marechale Capital PLC is an investment banking and corporate finance company. The company's business includes the provision of advisory and brokerage services. It offers its services to sectors including consumer, leisure and retail, infrastructure and online exchanges, and private equity and asset-backed funds.