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Interiors & More (NSE:INM) Return-on-Tangible-Asset : 0.00% (As of Sep. 2024)


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What is Interiors & More 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. Interiors & More's annualized Net Income for the quarter that ended in Sep. 2024 was ₹0.0 Mil. Interiors & More's average total tangible assets for the quarter that ended in Sep. 2024 was ₹735.8 Mil. Therefore, Interiors & More's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 was 0.00%.

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

NSE:INM' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 2.93   Med: 10.31   Max: 23.95
Current: 11.46

During the past 4 years, Interiors & More's highest Return-on-Tangible-Asset was 23.95%. The lowest was 2.93%. And the median was 10.31%.

NSE:INM's Return-on-Tangible-Asset is ranked better than
87.81% of 1124 companies
in the Retail - Cyclical industry
Industry Median: 2.42 vs NSE:INM: 11.46

Interiors & More Return-on-Tangible-Asset Historical Data

The historical data trend for Interiors & More'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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Interiors & More Return-on-Tangible-Asset Chart

Interiors & More Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Asset
2.93 6.09 23.95 14.53

Interiors & More Quarterly Data
Mar21 Mar22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
Return-on-Tangible-Asset Get a 7-Day Free Trial 3.41 17.34 19.85 27.12 -

Competitive Comparison of Interiors & More's Return-on-Tangible-Asset

For the Specialty Retail subindustry, Interiors & More'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.


Interiors & More's Return-on-Tangible-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Interiors & More's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Interiors & More's Return-on-Tangible-Asset falls into.


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Interiors & More Return-on-Tangible-Asset Calculation

Interiors & More'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 )
=70.465/( (309.463+660.586)/ 2 )
=70.465/485.0245
=14.53 %

Interiors & More'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 )
=0/( (660.586+811.09)/ 2 )
=0/735.838
=0.00 %

* 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 (Sep. 2024) net income data.


Interiors & More  (NSE:INM) 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.


Interiors & More Return-on-Tangible-Asset Related Terms

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Interiors & More Business Description

Traded in Other Exchanges
N/A
Address
Kumtha Street, off Shahid Bhagat Singh Road, Office No.7, Ground Floor, Ballard Estate, Fort Mumbai G.P.O., Mumbai, MH, IND, 400001
Interiors & More Ltd is in the business of marketing, exporting, importing, processing, packing/repacking, arranging or otherwise dealing in any other manner in flowers, dried flowers, potpourri, handicrafts, dry arrangements, artificial flowers, all types of home & interior decorative items and related materials. The Company has only one reportable Business Segment which is engaged in business of manufacturing of artificial flower and interior decor items in India.

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