GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Cheniere Energy Inc (MEX:LNG) » Definitions » Return-on-Tangible-Asset

Cheniere Energy (MEX:LNG) Return-on-Tangible-Asset : 3.20% (As of Mar. 2025)


View and export this data going back to 2018. Start your Free Trial

What is Cheniere Energy 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. Cheniere Energy's annualized Net Income for the quarter that ended in Mar. 2025 was MXN28,887 Mil. Cheniere Energy's average total tangible assets for the quarter that ended in Mar. 2025 was MXN901,978 Mil. Therefore, Cheniere Energy's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 3.20%.

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

MEX:LNG' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -6.26   Med: 0.67   Max: 23.47
Current: 7.2

During the past 13 years, Cheniere Energy's highest Return-on-Tangible-Asset was 23.47%. The lowest was -6.26%. And the median was 0.67%.

MEX:LNG's Return-on-Tangible-Asset is ranked better than
77.09% of 1065 companies
in the Oil & Gas industry
Industry Median: 2.19 vs MEX:LNG: 7.20

Cheniere Energy Return-on-Tangible-Asset Historical Data

The historical data trend for Cheniere Energy'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.

Cheniere Energy Return-on-Tangible-Asset Chart

Cheniere Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.25 -6.36 3.47 21.88 8.26

Cheniere Energy Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.62 8.68 8.67 9.26 3.20

Competitive Comparison of Cheniere Energy's Return-on-Tangible-Asset

For the Oil & Gas Midstream subindustry, Cheniere Energy'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.


Cheniere Energy's Return-on-Tangible-Asset Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cheniere Energy's Return-on-Tangible-Asset distribution charts can be found below:

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


;
;

Cheniere Energy Return-on-Tangible-Asset Calculation

Cheniere Energy's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=67822.736/( (729875.689+913083.401)/ 2 )
=67822.736/821479.545
=8.26 %

Cheniere Energy's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=28886.98/( (913083.401+890872.778)/ 2 )
=28886.98/901978.0895
=3.20 %

* 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. 2025) net income data.


Cheniere Energy  (MEX:LNG) 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.


Cheniere Energy Return-on-Tangible-Asset Related Terms

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


Cheniere Energy Business Description

Industry
Traded in Other Exchanges
Address
845 Texas Avenue, Suite 1250, Houston, TX, USA, 77002
Cheniere Energy is a liquified natural gas, or LNG, producer with two facilities in Corpus Christi, Texas and Sabine Pass, Louisiana. It generates most of its revenue through long-term contracts with customers on a fixed and variable fee payout structure. It also generates revenue by selling uncontracted LNG to customers on a short or one-time basis. A subsidiary, Cheniere Energy Partners, owns the Sabine Pass facility and trades as a master limited partnership.