GURUFOCUS.COM » STOCK LIST » Industrials » Construction » The London Tunnels PLC (XAMS:TLT) » Definitions » Return-on-Tangible-Asset

The London Tunnels (XAMS:TLT) Return-on-Tangible-Asset : -65.87% (As of Sep. 2024)


View and export this data going back to 2024. Start your Free Trial

What is The London Tunnels 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. The London Tunnels's annualized Net Income for the quarter that ended in Sep. 2024 was £-6.42 Mil. The London Tunnels's average total tangible assets for the quarter that ended in Sep. 2024 was £9.74 Mil. Therefore, The London Tunnels's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 was -65.87%.

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

XAMS:TLT' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -32.94   Med: 0   Max: 0
Current: -32.94

XAMS:TLT's Return-on-Tangible-Asset is ranked worse than
97.36% of 1742 companies
in the Construction industry
Industry Median: 2.68 vs XAMS:TLT: -32.94

The London Tunnels Return-on-Tangible-Asset Historical Data

The historical data trend for The London Tunnels'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.

The London Tunnels Return-on-Tangible-Asset Chart

The London Tunnels Annual Data
Trend
Return-on-Tangible-Asset

The London Tunnels Semi-Annual Data
Dec21 Sep23 Sep24
Return-on-Tangible-Asset - -46.71 -65.87

Competitive Comparison of The London Tunnels's Return-on-Tangible-Asset

For the Engineering & Construction subindustry, The London Tunnels'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.


The London Tunnels's Return-on-Tangible-Asset Distribution in the Construction Industry

For the Construction industry and Industrials sector, The London Tunnels's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where The London Tunnels's Return-on-Tangible-Asset falls into.


;
;

The London Tunnels Return-on-Tangible-Asset Calculation

The London Tunnels's annualized Return-on-Tangible-Asset for the fiscal year that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+)/ )
=/
= %

The London Tunnels's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Sep. 2023 )(Q: Sep. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Sep. 2023 )(Q: Sep. 2024 )
=-6.416/( (11.656+7.824)/ 2 )
=-6.416/9.74
=-65.87 %

* 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 (Sep. 2024) net income data.


The London Tunnels  (XAMS:TLT) 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.


The London Tunnels Return-on-Tangible-Asset Related Terms

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


The London Tunnels Business Description

Traded in Other Exchanges
N/A
Address
2nd Floor Nicola Jane House, Southern Gate, Chichester, West Sussex, Chichester, GBR, PO19 8SE
The London Tunnels PLC is engaged in operation of historical sites and buildings and similar visitor attractions. The business of the Company comprises of one operating segment being the proposed development of the Tunnels.

The London Tunnels Headlines

From GuruFocus

Top 5 4th Quarter Trades of VANTAGEPOINT INVESTMENT ADVISERS LLC

By GuruFocus Research GuruFocus Editor 01-24-2023

Strong Tower Advisory Services Buys 2, Sells 3 in 4th Quarter

By GuruFocus Research GuruFocus Editor 01-21-2023

Top 5 2nd Quarter Trades of SYNOVUS FINANCIAL CORP

By GuruFocus Research GuruFocus Editor 08-11-2022

Top 5 3rd Quarter Trades of Briaud Financial Planning, Inc

By GuruFocus Research GuruFocus Editor 11-05-2022

Top 5 2nd Quarter Trades of Pinnacle Wealth Management, LLC

By GuruFocus Research GuruFocus Editor 07-29-2022

Top 5 3rd Quarter Trades of Financial Sense Advisors, Inc.

By GuruFocus Research GuruFocus Editor 10-13-2022