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Lightstone Value Plus REIT IV (Lightstone Value Plus REIT IV) Return-on-Tangible-Asset : -10.65% (As of Mar. 2024)


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What is Lightstone Value Plus REIT IV 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. Lightstone Value Plus REIT IV's annualized Net Income for the quarter that ended in Mar. 2024 was $-15.31 Mil. Lightstone Value Plus REIT IV's average total tangible assets for the quarter that ended in Mar. 2024 was $143.68 Mil. Therefore, Lightstone Value Plus REIT IV's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 was -10.65%.

The historical rank and industry rank for Lightstone Value Plus REIT IV's Return-on-Tangible-Asset or its related term are showing as below:

LTSV' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.23   Med: -1.67   Max: 5.77
Current: -8.23

During the past 4 years, Lightstone Value Plus REIT IV's highest Return-on-Tangible-Asset was 5.77%. The lowest was -8.23%. And the median was -1.67%.

LTSV's Return-on-Tangible-Asset is not ranked
in the REITs industry.
Industry Median: 2.28 vs LTSV: -8.23

Lightstone Value Plus REIT IV Return-on-Tangible-Asset Historical Data

The historical data trend for Lightstone Value Plus REIT IV'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.

Lightstone Value Plus REIT IV Return-on-Tangible-Asset Chart

Lightstone Value Plus REIT IV Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
5.77 -1.43 -1.90 -7.78

Lightstone Value Plus REIT IV Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -7.95 -8.27 -7.46 -6.57 -10.65

Competitive Comparison of Lightstone Value Plus REIT IV's Return-on-Tangible-Asset

For the REIT - Diversified subindustry, Lightstone Value Plus REIT IV'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.


Lightstone Value Plus REIT IV's Return-on-Tangible-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Lightstone Value Plus REIT IV's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Lightstone Value Plus REIT IV's Return-on-Tangible-Asset falls into.



Lightstone Value Plus REIT IV Return-on-Tangible-Asset Calculation

Lightstone Value Plus REIT IV'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 )
=-11.04/( (138.273+145.472)/ 2 )
=-11.04/141.8725
=-7.78 %

Lightstone Value Plus REIT IV's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-15.308/( (145.472+141.894)/ 2 )
=-15.308/143.683
=-10.65 %

* 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 (Mar. 2024) net income data.


Lightstone Value Plus REIT IV  (OTCPK:LTSV) 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.


Lightstone Value Plus REIT IV Return-on-Tangible-Asset Related Terms

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Lightstone Value Plus REIT IV (Lightstone Value Plus REIT IV) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1985 Cedar Bridge Avenue, Suite 1, Lakewood, NJ, USA, 08701
Lightstone Value Plus REIT IV Inc operates as a Real Estate Income Trust. It engages in originating, acquiring, and managing a diverse portfolio of real estate or real estate-related investments located in the United States. Its real estate investments include operating properties and development projects and its real estate-related investment may include mezzanine loans, mortgage loans, bridge loans, and preferred equity interests. It has one operating segment that is the company's majority-owned and consolidated the operating results of a joint venture (Williamsburg Moxy Hotel Joint Venture).

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