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LivingTrust Mortgage Bank (NSA:LIVINGTRUST) Return-on-Tangible-Asset : 3.57% (As of Mar. 2025)


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What is LivingTrust Mortgage Bank 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. LivingTrust Mortgage Bank's annualized Net Income for the quarter that ended in Mar. 2025 was ₦928 Mil. LivingTrust Mortgage Bank's average total tangible assets for the quarter that ended in Mar. 2025 was ₦26,021 Mil. Therefore, LivingTrust Mortgage Bank's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 3.57%.

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

NSA:LIVINGTRUST' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.43   Med: 3.89   Max: 6.8
Current: 3.43

During the past 8 years, LivingTrust Mortgage Bank's highest Return-on-Tangible-Asset was 6.80%. The lowest was 1.43%. And the median was 3.89%.

NSA:LIVINGTRUST's Return-on-Tangible-Asset is ranked better than
95.53% of 1589 companies
in the Banks industry
Industry Median: 0.89 vs NSA:LIVINGTRUST: 3.43

LivingTrust Mortgage Bank Return-on-Tangible-Asset Historical Data

The historical data trend for LivingTrust Mortgage Bank'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.

LivingTrust Mortgage Bank Return-on-Tangible-Asset Chart

LivingTrust Mortgage Bank Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial 2.44 5.77 6.80 3.71 4.06

LivingTrust Mortgage Bank 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 4.96 3.93 4.21 2.34 3.57

Competitive Comparison of LivingTrust Mortgage Bank's Return-on-Tangible-Asset

For the Mortgage Finance subindustry, LivingTrust Mortgage Bank'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.


LivingTrust Mortgage Bank's Return-on-Tangible-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, LivingTrust Mortgage Bank's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where LivingTrust Mortgage Bank's Return-on-Tangible-Asset falls into.


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LivingTrust Mortgage Bank Return-on-Tangible-Asset Calculation

LivingTrust Mortgage Bank'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 )
=854.499/( (17744.079+24315.804)/ 2 )
=854.499/21029.9415
=4.06 %

LivingTrust Mortgage Bank'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 )
=928.452/( (24315.804+27726.939)/ 2 )
=928.452/26021.3715
=3.57 %

* 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.


LivingTrust Mortgage Bank  (NSA:LIVINGTRUST) 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.


LivingTrust Mortgage Bank Return-on-Tangible-Asset Related Terms

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LivingTrust Mortgage Bank Business Description

Traded in Other Exchanges
N/A
Address
Gbongan Road, Km 2, Osun State, Osogbo, NGA, 4488
LivingTrust Mortgage Bank PLC is a primary mortgage institution that is regulated by the Other Financial Institutions Department of the Central Bank of Nigeria. The company provides Mortgage Financing, Real Estate Construction Financing and General Financial Services. The Bank's operations are in Osun State only and operates in just one geographical segment. The Bank is also engaged in one line of business which is Mortgage Banking, all its results are mortgage related.

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