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Infollion Research Services (NSE:INFOLLION) Return-on-Tangible-Asset : 24.10% (As of Sep. 2024)


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What is Infollion Research Services 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. Infollion Research Services's annualized Net Income for the quarter that ended in Sep. 2024 was ₹118.8 Mil. Infollion Research Services's average total tangible assets for the quarter that ended in Sep. 2024 was ₹492.7 Mil. Therefore, Infollion Research Services's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 was 24.10%.

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

NSE:INFOLLION' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 21.96   Med: 28.55   Max: 33.89
Current: 21.96

During the past 5 years, Infollion Research Services's highest Return-on-Tangible-Asset was 33.89%. The lowest was 21.96%. And the median was 28.55%.

NSE:INFOLLION's Return-on-Tangible-Asset is ranked better than
94.91% of 1080 companies
in the Business Services industry
Industry Median: 3.64 vs NSE:INFOLLION: 21.96

Infollion Research Services Return-on-Tangible-Asset Historical Data

The historical data trend for Infollion Research Services'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.

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Infollion Research Services Return-on-Tangible-Asset Chart

Infollion Research Services Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Asset
33.89 28.08 33.56 28.55 26.81

Infollion Research Services Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Return-on-Tangible-Asset Get a 7-Day Free Trial 35.14 22.13 28.27 19.78 24.10

Competitive Comparison of Infollion Research Services's Return-on-Tangible-Asset

For the Staffing & Employment Services subindustry, Infollion Research Services'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.


Infollion Research Services's Return-on-Tangible-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Infollion Research Services's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Infollion Research Services's Return-on-Tangible-Asset falls into.


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Infollion Research Services Return-on-Tangible-Asset Calculation

Infollion Research Services's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=85.68/( (180.055+459.158)/ 2 )
=85.68/319.6065
=26.81 %

Infollion Research Services's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=118.762/( (459.158+526.265)/ 2 )
=118.762/492.7115
=24.10 %

* 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 (Sep. 2024) net income data.


Infollion Research Services  (NSE:INFOLLION) 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.


Infollion Research Services Return-on-Tangible-Asset Related Terms

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Infollion Research Services Business Description

Traded in Other Exchanges
N/A
Address
Unitech Cyber Park, 3rd floor, Tower B, Sector 39, Gurgaon, Gurugram, HR, IND, 122002
Infollion Research Services Ltd is a tech-oriented marketplace, operating in the B2B Human Cloud segment, catering to on-demand contingent hiring and work arrangements with senior management talent, subject matter experts, and high-ranking, seasoned professionals. It provides a platform for workers or knowledge providers (gig workers) and employers or knowledge seekers to connect and find synergetic outcomes. The company operates in the premium segment of the gig economy and is one of the enablers of contingent hiring, temporary workforce management, contracting SOW employees, high-level independent consultations, knowledge tours, and more. It caters to global hiring requirements for our domestic and international clients.

Infollion Research Services Headlines

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