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Lloyds Luxuries (NSE:LLOYDS) Return-on-Tangible-Asset : -4.89% (As of Sep. 2024)


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What is Lloyds Luxuries 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. Lloyds Luxuries's annualized Net Income for the quarter that ended in Sep. 2024 was ₹-35.5 Mil. Lloyds Luxuries's average total tangible assets for the quarter that ended in Sep. 2024 was ₹725.6 Mil. Therefore, Lloyds Luxuries's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 was -4.89%.

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

NSE:LLOYDS' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -13.17   Med: -11.33   Max: 0.33
Current: -6.46

During the past 5 years, Lloyds Luxuries's highest Return-on-Tangible-Asset was 0.33%. The lowest was -13.17%. And the median was -11.33%.

NSE:LLOYDS's Return-on-Tangible-Asset is ranked worse than
82.86% of 105 companies
in the Personal Services industry
Industry Median: 3.19 vs NSE:LLOYDS: -6.46

Lloyds Luxuries Return-on-Tangible-Asset Historical Data

The historical data trend for Lloyds Luxuries'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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Lloyds Luxuries Return-on-Tangible-Asset Chart

Lloyds Luxuries Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Asset
-13.17 -12.46 0.33 -6.28 -11.33

Lloyds Luxuries Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Return-on-Tangible-Asset Get a 7-Day Free Trial -6.31 -6.25 -12.96 -8.33 -4.89

Competitive Comparison of Lloyds Luxuries's Return-on-Tangible-Asset

For the Personal Services subindustry, Lloyds Luxuries'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.


Lloyds Luxuries's Return-on-Tangible-Asset Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Lloyds Luxuries's Return-on-Tangible-Asset distribution charts can be found below:

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


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Lloyds Luxuries Return-on-Tangible-Asset Calculation

Lloyds Luxuries'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 )
=-80.066/( (740.451+673.503)/ 2 )
=-80.066/706.977
=-11.33 %

Lloyds Luxuries'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 )
=-35.472/( (673.503+777.737)/ 2 )
=-35.472/725.62
=-4.89 %

* 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.


Lloyds Luxuries  (NSE:LLOYDS) 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.


Lloyds Luxuries Return-on-Tangible-Asset Related Terms

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


Lloyds Luxuries Business Description

Traded in Other Exchanges
N/A
Address
Pandurang Budhkar Marg, Delisle Road, B2, Unit No. 3, 2nd Floor, Madhu Estate, Lower Parel, Mumbai, MH, IND, 400013
Lloyds Luxuries Ltd is an organized player of salon services and beauty products in India, focused on sale & services of men's and women's groom care products. The company owns an exclusive franchisee of Truefitt & Hill, which is an international brand offering a wide range of beauty products and salon services for men through luxury barbershops operating across many countries.

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