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Tomsk distribution company PSC (RTC:TORSP.PFD) Return-on-Tangible-Asset : 2.20% (As of Sep. 2023)


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What is Tomsk distribution company PSC 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. Tomsk distribution company PSC's annualized Net Income for the quarter that ended in Sep. 2023 was ₽112.84 Mil. Tomsk distribution company PSC's average total tangible assets for the quarter that ended in Sep. 2023 was ₽5,119.23 Mil. Therefore, Tomsk distribution company PSC's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2023 was 2.20%.

The historical rank and industry rank for Tomsk distribution company PSC's Return-on-Tangible-Asset or its related term are showing as below:

RTC:TORSP.PFD' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -7.14   Med: 4.58   Max: 16.27
Current: 8.51

During the past 13 years, Tomsk distribution company PSC's highest Return-on-Tangible-Asset was 16.27%. The lowest was -7.14%. And the median was 4.58%.

RTC:TORSP.PFD's Return-on-Tangible-Asset is not ranked
in the Utilities - Regulated industry.
Industry Median: 3.18 vs RTC:TORSP.PFD: 8.51

Tomsk distribution company PSC Return-on-Tangible-Asset Historical Data

The historical data trend for Tomsk distribution company PSC'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.

Tomsk distribution company PSC Return-on-Tangible-Asset Chart

Tomsk distribution company PSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.21 5.48 -7.14 0.47 6.77

Tomsk distribution company PSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 10.62 3.27 13.00 15.26 2.20

Competitive Comparison of Tomsk distribution company PSC's Return-on-Tangible-Asset

For the Utilities - Regulated Electric subindustry, Tomsk distribution company PSC'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.


Tomsk distribution company PSC's Return-on-Tangible-Asset Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Tomsk distribution company PSC's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Tomsk distribution company PSC's Return-on-Tangible-Asset falls into.


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Tomsk distribution company PSC Return-on-Tangible-Asset Calculation

Tomsk distribution company PSC's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=326.768/( (4614.872+5033.504)/ 2 )
=326.768/4824.188
=6.77 %

Tomsk distribution company PSC's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=112.836/( (5108.537+5129.921)/ 2 )
=112.836/5119.229
=2.20 %

* 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 (Sep. 2023) net income data.


Tomsk distribution company PSC  (RTC:TORSP.PFD) 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.


Tomsk distribution company PSC Return-on-Tangible-Asset Related Terms

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Tomsk distribution company PSC Business Description

Traded in Other Exchanges
N/A
Address
Kirova 36, Tomsk, RUS, 634041
Rosseti Tomsk PJSC Formerly Tomsk distribution company PSC provides services for power transmission and distribution market entities, as well as the connection of new consumers to electric networks in the Tomsk region.

Tomsk distribution company PSC Headlines

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