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Aktiv Properties REIT (XBUL:AKTV) Return-on-Tangible-Asset : 0.00% (As of Jun. 2024)


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What is Aktiv Properties REIT 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. Aktiv Properties REIT's annualized Net Income for the quarter that ended in Jun. 2024 was лв0.00 Mil. Aktiv Properties REIT's average total tangible assets for the quarter that ended in Jun. 2024 was лв65.62 Mil. Therefore, Aktiv Properties REIT's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 was 0.00%.

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

XBUL:AKTV' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -2.22   Med: -0.91   Max: 10.12
Current: 2.78

During the past 13 years, Aktiv Properties REIT's highest Return-on-Tangible-Asset was 10.12%. The lowest was -2.22%. And the median was -0.91%.

XBUL:AKTV's Return-on-Tangible-Asset is ranked better than
54.03% of 831 companies
in the REITs industry
Industry Median: 2.45 vs XBUL:AKTV: 2.78

Aktiv Properties REIT Return-on-Tangible-Asset Historical Data

The historical data trend for Aktiv Properties REIT'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.

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Aktiv Properties REIT Return-on-Tangible-Asset Chart

Aktiv Properties REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.96 -0.64 10.12 4.61 2.97

Aktiv Properties REIT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 19.02 -2.71 -0.53 -3.92 -

Competitive Comparison of Aktiv Properties REIT's Return-on-Tangible-Asset

For the REIT - Office subindustry, Aktiv Properties REIT'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.


Aktiv Properties REIT's Return-on-Tangible-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Aktiv Properties REIT's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Aktiv Properties REIT's Return-on-Tangible-Asset falls into.



Aktiv Properties REIT Return-on-Tangible-Asset Calculation

Aktiv Properties REIT'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 )
=1.834/( (58.125+65.174)/ 2 )
=1.834/61.6495
=2.97 %

Aktiv Properties REIT's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2024 )  (Q: Dec. 2023 )(Q: Jun. 2024 )
=0/( (65.174+66.069)/ 2 )
=0/65.6215
=0.00 %

* 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. 2024) net income data.


Aktiv Properties REIT  (XBUL:AKTV) 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.


Aktiv Properties REIT Return-on-Tangible-Asset Related Terms

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


Aktiv Properties REIT Business Description

Traded in Other Exchanges
N/A
Address
101 Tsarigradsko Shosse Boulevard, Floor 4, Sofia, BGR
Aktiv Properties REIT is a joint stock company with special investment purpose of securitization of real estate. It carries out the business of investing cash resources, raised by issuing securities into real estates.

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