GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Watermark Lodging Trust Inc (OTCPK:WRMK) » Definitions » Return-on-Tangible-Asset

Watermark Lodging Trust (Watermark Lodging Trust) Return-on-Tangible-Asset : 1.99% (As of Jun. 2022)


View and export this data going back to 2021. Start your Free Trial

What is Watermark Lodging 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. Watermark Lodging Trust's annualized Net Income for the quarter that ended in Jun. 2022 was $59.6 Mil. Watermark Lodging Trust's average total tangible assets for the quarter that ended in Jun. 2022 was $2,993.3 Mil. Therefore, Watermark Lodging Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2022 was 1.99%.

The historical rank and industry rank for Watermark Lodging Trust's Return-on-Tangible-Asset or its related term are showing as below:

WRMK's Return-on-Tangible-Asset is not ranked *
in the REITs industry.
Industry Median: 2.23
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Watermark Lodging Trust Return-on-Tangible-Asset Historical Data

The historical data trend for Watermark Lodging 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.

Watermark Lodging Trust Return-on-Tangible-Asset Chart

Watermark Lodging Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Asset
Get a 7-Day Free Trial -0.36 0.50 -0.60 -13.02 -2.57

Watermark Lodging Trust Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 -3.13 -2.25 4.64 -5.25 1.99

Competitive Comparison of Watermark Lodging Trust's Return-on-Tangible-Asset

For the REIT - Hotel & Motel subindustry, Watermark Lodging 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.


Watermark Lodging Trust's Return-on-Tangible-Asset Distribution in the REITs Industry

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

* The bar in red indicates where Watermark Lodging Trust's Return-on-Tangible-Asset falls into.



Watermark Lodging Trust Return-on-Tangible-Asset Calculation

Watermark Lodging Trust's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2021 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2021 )  (A: Dec. 2020 )(A: Dec. 2021 )
=-82.771/( (3347.041+3092.061)/ 2 )
=-82.771/3219.551
=-2.57 %

Watermark Lodging Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Mar. 2022 )(Q: Jun. 2022 )
=59.632/( (3019.547+2966.982)/ 2 )
=59.632/2993.2645
=1.99 %

* 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 (Jun. 2022) net income data.


Watermark Lodging Trust  (OTCPK:WRMK) 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.


Watermark Lodging Trust Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Watermark Lodging Trust's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Watermark Lodging Trust (Watermark Lodging Trust) Business Description

Traded in Other Exchanges
N/A
Address
150 North Riverside Plaza, Chicago, IL, USA, 60606
Watermark Lodging Trust Inc is a self-managed non-traded real estate investment trust with a portfolio of high-quality lodging assets. It operate in one business segment which is hospitality, with domestic investments. The company focuses on to be the owner of lodging real estate by delivering industrial shareholder risk-adjusted returns. It seeks to achieve the mission through asset quality and performance, capital deployment and scale, and organizational excellence.
Executives
Matthew W Miller officer: Chief Accounting Officer C/O WATERMARK LODGING TRUST, INC. 150 NORTH RIVERSIDE PLAZA CHICAGO IL 60606
Brendan Medzigian officer: Senior Vice President C/O WATERMARK LODGING TRUST, INC. 150 NORTH RIVERSIDE PLAZA CHICAGO IL 60606
Samuel Zinsmaster officer: Senior Vice President C/O WATERMARK LODGING TRUST, INC. 150 NORTH RIVERSIDE PLAZA CHICAGO IL 60606
Alexander Nathan Halpern director C/O ASCENDANT CAPITAL 11777 SAN VICENTE BOULEVARD, SUITE 650 LOS ANGELES CA 90049
Russell Lewis Gimelstob director C/O ASCENDANT CAPITAL 11777 SAN VICENTE BOULEVARD, SUITE 260 LOS ANGELES CA 90049
John J Park director C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE. 58TH FL, NEW YORK NY 10001
Gilbert Murillo officer: Chief Investment Officer C/O WATERMARK LODGING TRUST INCORPORATED 50 ROCKEFELLER PLAZA NEW YORK NY 10020
Simon Turner director C/O STARWOOD HOTELS & RESORTS WORLDWIDE, 1111 WESTCHESTER AVE, WHITE PLAINS NY 10604
Katherine Lugar director C/O W. P. CAREY INC. 50 ROCKEFELLER PLAZA NEW YORK NY 10020
Jason E. Fox director, officer: Chairman C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK NY 10001
Mallika Sinha officer: Chief Financial Officer C/O W. P. CAREY INC. 50 ROCKEFELLER PLAZA NEW YORK NY 10020
Toniann Sanzone officer: Chief Financial Officer C/O W. P. CAREY INC., ONE MANHATTAN WEST, 395 9TH AVE., 58 FL, NEW YORK, NEW YORK NY 10001
Mark J Decesaris director, officer: Chairman C/O SOUTHERN UNION CO, ONE PEI CENTER, WILKES-BARRE PA 18711-0601
Noah K. Carter officer: Principal Accounting Officer C/O W. P. CAREY INC. 50 ROCKEFELLER PLAZA NEW YORK NY 10020
Trevor P Bond director, officer: Chairman 38 SOUTH TERRACE, SHORT HILLS NJ 07078

Watermark Lodging Trust (Watermark Lodging Trust) Headlines