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Regal Real Estate Investment Trust (Regal Real Estate Investment Trust) Return-on-Tangible-Asset : 1.33% (As of Dec. 2023)


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What is Regal Real Estate Investment Trust 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. Regal Real Estate Investment Trust's annualized Net Income for the quarter that ended in Dec. 2023 was $41.11 Mil. Regal Real Estate Investment Trust's average total tangible assets for the quarter that ended in Dec. 2023 was $3,096.72 Mil. Therefore, Regal Real Estate Investment Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 was 1.33%.

The historical rank and industry rank for Regal Real Estate Investment Trust's Return-on-Tangible-Asset or its related term are showing as below:

RREIF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.6   Med: 1.82   Max: 10.3
Current: 1.1

During the past 13 years, Regal Real Estate Investment Trust's highest Return-on-Tangible-Asset was 10.30%. The lowest was -9.60%. And the median was 1.82%.

RREIF's Return-on-Tangible-Asset is ranked worse than
60.85% of 802 companies
in the REITs industry
Industry Median: 2.34 vs RREIF: 1.10

Regal Real Estate Investment Trust Return-on-Tangible-Asset Historical Data

The historical data trend for Regal Real Estate Investment Trust'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.

Regal Real Estate Investment Trust Return-on-Tangible-Asset Chart

Regal Real Estate Investment Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.89 -9.64 2.52 3.98 1.10

Regal Real Estate Investment Trust Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.75 5.28 2.69 0.88 1.33

Competitive Comparison of Regal Real Estate Investment Trust's Return-on-Tangible-Asset

For the REIT - Hotel & Motel subindustry, Regal Real Estate Investment Trust'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.


Regal Real Estate Investment Trust's Return-on-Tangible-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Regal Real Estate Investment Trust's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Regal Real Estate Investment Trust's Return-on-Tangible-Asset falls into.



Regal Real Estate Investment Trust Return-on-Tangible-Asset Calculation

Regal Real Estate Investment Trust's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=34.026/( (3063.235+3123.3)/ 2 )
=34.026/3093.2675
=1.10 %

Regal Real Estate Investment Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=41.106/( (3070.138+3123.3)/ 2 )
=41.106/3096.719
=1.33 %

* 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 (Dec. 2023) net income data.


Regal Real Estate Investment Trust  (OTCPK:RREIF) 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.


Regal Real Estate Investment Trust Return-on-Tangible-Asset Related Terms

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Regal Real Estate Investment Trust (Regal Real Estate Investment Trust) Business Description

Traded in Other Exchanges
Address
68 Yee Wo Street, Unit No. 2001, 20th Floor, Causeway Bay, Hong Kong, HKG
Regal Real Estate Investment Trust is a Hong Kong-based REIT that invests in hotel properties, serviced apartments, and commercial properties. The company owns and invests in income-producing hotels, serviced apartments, or commercial properties (including office premises) with the objectives of producing stable and growing distributions to the unitholders of Regal REIT and achieving long-term growth in the net asset value per Unit. the company has two operating segments; the hotel properties segment which invested in the Initial Hotels, iclub Sheung Wan Hotel, iclub Fortress Hill Hotel, and iclub To Kwa Wan Hotel, and the mixed-use property segment which invested in the iclub Wan Chai Hotel. Regal generates the majority of its revenue from the hotel properties segment.

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