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Himatsingka Seide (NSE:HIMATSEIDE) Return-on-Tangible-Asset : 0.92% (As of Mar. 2025)


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What is Himatsingka Seide 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. Himatsingka Seide's annualized Net Income for the quarter that ended in Mar. 2025 was ₹478 Mil. Himatsingka Seide's average total tangible assets for the quarter that ended in Mar. 2025 was ₹51,809 Mil. Therefore, Himatsingka Seide's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 0.92%.

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

NSE:HIMATSEIDE' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.28   Med: 2.57   Max: 8.46
Current: 1.45

During the past 13 years, Himatsingka Seide's highest Return-on-Tangible-Asset was 8.46%. The lowest was -1.28%. And the median was 2.57%.

NSE:HIMATSEIDE's Return-on-Tangible-Asset is ranked worse than
55.38% of 1069 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.12 vs NSE:HIMATSEIDE: 1.45

Himatsingka Seide Return-on-Tangible-Asset Historical Data

The historical data trend for Himatsingka Seide'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.

Himatsingka Seide Return-on-Tangible-Asset Chart

Himatsingka Seide Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.16 2.92 -1.28 2.22 1.46

Himatsingka Seide 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 1.82 1.57 1.63 1.64 0.92

Competitive Comparison of Himatsingka Seide's Return-on-Tangible-Asset

For the Textile Manufacturing subindustry, Himatsingka Seide'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.


Himatsingka Seide's Return-on-Tangible-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Himatsingka Seide's Return-on-Tangible-Asset distribution charts can be found below:

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


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Himatsingka Seide Return-on-Tangible-Asset Calculation

Himatsingka Seide's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2025 )  (A: Mar. 2024 )(A: Mar. 2025 )
=760.403/( (52209.739+51808.767)/ 2 )
=760.403/52009.253
=1.46 %

Himatsingka Seide'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 )
=477.772/( (0+51808.767)/ 1 )
=477.772/51808.767
=0.92 %

* 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.


Himatsingka Seide  (NSE:HIMATSEIDE) 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.


Himatsingka Seide Return-on-Tangible-Asset Related Terms

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


Himatsingka Seide Business Description

Traded in Other Exchanges
Address
No. 10/24, Kumara Krupa Road, High Grounds, Near Sindhi High School, Bengaluru, KA, IND, 560001
Himatsingka Seide Ltd is engaged in spinning, weaving, and finishing of textiles, and manufacturing home textile products. It produces upholstery fabrics, drapery fabrics and bed linen products such as sheet sets, pillowcases, duvets, comforters, silk yarns, and silk yarns blended with wool and linen under the brand Calvin Klein Home, Barbara Barry, Pimacott, Atmosphere, and Others. Geographically, it derives a majority of its revenue from North America and also has a presence in India and Asia Pacific, Europe, Middle East and Africa, and Rest of the world.

Himatsingka Seide Headlines

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