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National Storm Management (National Storm Management) Return-on-Tangible-Asset : 0.00% (As of . 20)


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What is National Storm Management 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. National Storm Management's annualized Net Income for the quarter that ended in . 20 was $ Mil. National Storm Management's average total tangible assets for the quarter that ended in . 20 was $ Mil. Therefore, National Storm Management's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 was 0.00%.

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

NSMG's Return-on-Tangible-Asset is not ranked *
in the Homebuilding & Construction industry.
Industry Median: 4.325
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

National Storm Management Return-on-Tangible-Asset Historical Data

The historical data trend for National Storm Management'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.

National Storm Management Return-on-Tangible-Asset Chart

National Storm Management Annual Data
Trend
Return-on-Tangible-Asset

National Storm Management Quarterly Data
Return-on-Tangible-Asset

Competitive Comparison of National Storm Management's Return-on-Tangible-Asset

For the Residential Construction subindustry, National Storm Management'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.


National Storm Management's Return-on-Tangible-Asset Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, National Storm Management's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where National Storm Management's Return-on-Tangible-Asset falls into.



National Storm Management Return-on-Tangible-Asset Calculation

National Storm Management's annualized Return-on-Tangible-Asset for the fiscal year that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+)/ )
=/
= %

National Storm Management's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 (. 20) net income data.


National Storm Management  (GREY:NSMG) 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.


National Storm Management Return-on-Tangible-Asset Related Terms

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National Storm Management (National Storm Management) Business Description

Traded in Other Exchanges
N/A
Address
7900 E. Union Avenue, Suite 1100, Denver, CO, USA, 80237
National Storm Management Inc is engaged in the repair and restoration services of residential buildings and apartments. It focuses in residential home repair from the effect of wind and hail storm damage.

National Storm Management (National Storm Management) Headlines

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