The historical rank and industry rank for Ollie's Bargain Outlet Holdings's Return-on-Tangible-Asset or its related term are showing as below:
OLLI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 7.71 Med: 16.64 Max: 35.33
Current: 12.26
During the past 11 years, Ollie's Bargain Outlet Holdings's highest Return-on-Tangible-Asset was 35.33%. The lowest was 7.71%. And the median was 16.64%.
OLLI's Return-on-Tangible-Asset is ranked better than 88.89% of 315
companies
in the Retail - Defensive industry
Industry Median: 3.75
vs OLLI: 12.26
Ollie's Bargain Outlet Holdings Return-on-Tangible-Asset Historical Data
* 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.
Competitive Comparison of Ollie's Bargain Outlet Holdings's Return-on-Tangible-Asset
For the Discount Stores subindustry, Ollie's Bargain Outlet Holdings'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.
Ollie's Bargain Outlet Holdings's Return-on-Tangible-Asset Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Ollie's Bargain Outlet Holdings's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Ollie's Bargain Outlet Holdings's Return-on-Tangible-Asset falls into.
* 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 (Jan. 2024) net income data.
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 companys 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 companys 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.
Ollie's Bargain Outlet Holdings Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Ollie's Bargain Outlet Holdings's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Ollie's Bargain Outlet Holdings (Ollie's Bargain Outlet Holdings) Business Description
Ollie's Bargain Outlet Holdings Inc is a retailer of brand-name merchandise at drastically reduced prices. It offers customers a selection of brand-name products, including housewares, food, books and stationery, bed and bath, floor coverings, toys, and hardware. It operates stores across the Eastern half of the United States. Its differentiated go-to-market strategy is characterized by a unique, fun, and engaging treasure hunt shopping experience, compelling customer value proposition, and witty, humorous in-store signage and advertising campaigns. These attributes have driven rapid growth and strong and consistent store performance for the company.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
OLLI has been successfully added to your 