The historical rank and industry rank for Lyondellbasell Advanced Polymers's Return-on-Tangible-Asset or its related term are showing as below:
SLMNP.PFD'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -29.51 Med: 2.76 Max: 5.16
Current: 2.86
During the past 13 years, Lyondellbasell Advanced Polymers's highest Return-on-Tangible-Asset was 5.16%. The lowest was -29.51%. And the median was 2.76%.
SLMNP.PFD's Return-on-Tangible-Asset is not ranked
in the Chemicals industry.
Industry Median: 3.14
vs SLMNP.PFD: 2.86
Lyondellbasell Advanced Polymers 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 Lyondellbasell Advanced Polymers's Return-on-Tangible-Asset
For the Chemicals subindustry, Lyondellbasell Advanced Polymers'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.
Lyondellbasell Advanced Polymers's Return-on-Tangible-Asset Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Lyondellbasell Advanced Polymers's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Lyondellbasell Advanced Polymers'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 (May. 2018) 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.
Lyondellbasell Advanced Polymers Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Lyondellbasell Advanced Polymers's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Lyondellbasell Advanced Polymers (Lyondellbasell Advanced Polymers) Business Description
Lyondellbasell Advanced Polymers Inc manufactures and sells a variety of plastics and chemical-based products. The firm's product portfolio includes Engineered Thermoplastics, Masterbatch, Engineered Composites, Specialty Powders, and Distribution Services. The company organizes itself into four main segments by geography. Europe, Middle East, and Africa segment generate more revenue than any other segment. The other segments are the United States and Canada, Latin America, and Asia-Pacific.
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