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NLB Komercijalna banka ad Beograd (XBEL:KMBNPB.PFD) Return-on-Tangible-Asset : 1.37% (As of Jun. 2022)


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What is NLB Komercijalna banka ad Beograd 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. NLB Komercijalna banka ad Beograd's annualized Net Income for the quarter that ended in Jun. 2022 was RSD7,067.37 Mil. NLB Komercijalna banka ad Beograd's average total tangible assets for the quarter that ended in Jun. 2022 was RSD515,975.63 Mil. Therefore, NLB Komercijalna banka ad Beograd's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2022 was 1.37%.

The historical rank and industry rank for NLB Komercijalna banka ad Beograd's Return-on-Tangible-Asset or its related term are showing as below:

XBEL:KMBNPB.PFD' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -1.61   Med: 1.21   Max: 2
Current: 1.06

During the past 13 years, NLB Komercijalna banka ad Beograd's highest Return-on-Tangible-Asset was 2.00%. The lowest was -1.61%. And the median was 1.21%.

XBEL:KMBNPB.PFD's Return-on-Tangible-Asset is not ranked
in the Banks industry.
Industry Median: 0.89 vs XBEL:KMBNPB.PFD: 1.06

NLB Komercijalna banka ad Beograd Return-on-Tangible-Asset Historical Data

The historical data trend for NLB Komercijalna banka ad Beograd'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.

NLB Komercijalna banka ad Beograd Return-on-Tangible-Asset Chart

NLB Komercijalna banka ad Beograd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 1.99 1.83 0.53 0.56

NLB Komercijalna banka ad Beograd Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 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 1.18 -0.10 0.32 0.78 1.37

Competitive Comparison of NLB Komercijalna banka ad Beograd's Return-on-Tangible-Asset

For the Banks - Regional subindustry, NLB Komercijalna banka ad Beograd'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.


NLB Komercijalna banka ad Beograd's Return-on-Tangible-Asset Distribution in the Banks Industry

For the Banks industry and Financial Services sector, NLB Komercijalna banka ad Beograd's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where NLB Komercijalna banka ad Beograd's Return-on-Tangible-Asset falls into.


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NLB Komercijalna banka ad Beograd Return-on-Tangible-Asset Calculation

NLB Komercijalna banka ad Beograd'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 )
=2777.593/( (500290.526+488886.121)/ 2 )
=2777.593/494588.3235
=0.56 %

NLB Komercijalna banka ad Beograd'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: Dec. 2021 )(Q: Jun. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2022 )  (Q: Dec. 2021 )(Q: Jun. 2022 )
=7067.374/( (488886.121+543065.143)/ 2 )
=7067.374/515975.632
=1.37 %

* 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 (Jun. 2022) net income data.


NLB Komercijalna banka ad Beograd  (XBEL:KMBNPB.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.


NLB Komercijalna banka ad Beograd Return-on-Tangible-Asset Related Terms

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NLB Komercijalna banka ad Beograd Business Description

Traded in Other Exchanges
N/A
Address
14, Svetog Save Street, Belgrade, SRB, 11000
NLB Komercijalna banka ad Beograd is engaged in crediting activities, deposit and guarantee activities, and payment transfer operations in the country and abroad. The bank has three operating segments, Operations with retail sector, Operations with corporate sector and Investment, and Interbank Operations. It does retail banking with retail customers - individuals, micro-businesses, entrepreneurs, and agricultural producers. Its corporate banking services include loans, deposits, and other transactions with legal entities other than banks. The Investment and Interbank Operations segments include securities and other financial instruments, as well as transactions with banks.

NLB Komercijalna banka ad Beograd Headlines

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