/term/return-on-tangible-asset/SAU:7200 Al Moammar Information Systems Co (SAU:7200) Return-on-Tang
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Al Moammar Information Systems Co (SAU:7200) Return-on-Tangible-Asset : 15.04% (As of Mar. 2024)


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What is Al Moammar Information Systems Co 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. Al Moammar Information Systems Co's annualized Net Income for the quarter that ended in Mar. 2024 was ﷼292 Mil. Al Moammar Information Systems Co's average total tangible assets for the quarter that ended in Mar. 2024 was ﷼1,944 Mil. Therefore, Al Moammar Information Systems Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 was 15.04%.

The historical rank and industry rank for Al Moammar Information Systems Co's Return-on-Tangible-Asset or its related term are showing as below:

SAU:7200' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 0.81   Med: 7.09   Max: 8.2
Current: 2.13

During the past 6 years, Al Moammar Information Systems Co's highest Return-on-Tangible-Asset was 8.20%. The lowest was 0.81%. And the median was 7.09%.

SAU:7200's Return-on-Tangible-Asset is ranked better than
52.59% of 2820 companies
in the Software industry
Industry Median: 1.34 vs SAU:7200: 2.13

Al Moammar Information Systems Co Return-on-Tangible-Asset Historical Data

The historical data trend for Al Moammar Information Systems Co'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.

Al Moammar Information Systems Co Return-on-Tangible-Asset Chart

Al Moammar Information Systems Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial 8.20 7.73 4.93 6.98 0.81

Al Moammar Information Systems Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.51 10.99 -13.92 -2.62 15.04

Competitive Comparison of Al Moammar Information Systems Co's Return-on-Tangible-Asset

For the Information Technology Services subindustry, Al Moammar Information Systems Co'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.


Al Moammar Information Systems Co's Return-on-Tangible-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Al Moammar Information Systems Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Al Moammar Information Systems Co's Return-on-Tangible-Asset falls into.



Al Moammar Information Systems Co Return-on-Tangible-Asset Calculation

Al Moammar Information Systems Co'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 )
=13.973/( (1603.198+1850.285)/ 2 )
=13.973/1726.7415
=0.81 %

Al Moammar Information Systems Co's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=292.356/( (1850.285+2037.431)/ 2 )
=292.356/1943.858
=15.04 %

* 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 (Mar. 2024) net income data.


Al Moammar Information Systems Co  (SAU:7200) 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.


Al Moammar Information Systems Co Return-on-Tangible-Asset Related Terms

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Al Moammar Information Systems Co (SAU:7200) Business Description

Traded in Other Exchanges
N/A
Address
6330 Al Thumamah Road, Unit No. 1, 3296, Al Sahafa District, Riyadh, SAU, 13315
Al Moammar Information Systems Co is an Information Technology(IT) company. It offers operating systems, system analysis, software designing and programming, software maintenance, web design, web hosting, data processing, and other related services. The company's segments include Business services management unit, Solutions unit, Systems unit, IT security unit, Networking unit, Operation and maintenance unit, and Data center unit.

Al Moammar Information Systems Co (SAU:7200) Headlines

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