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Barita Investments (XJAM:BIL) Return-on-Tangible-Asset : 1.76% (As of Mar. 2025)


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What is Barita Investments 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. Barita Investments's annualized Net Income for the quarter that ended in Mar. 2025 was JMD2,510 Mil. Barita Investments's average total tangible assets for the quarter that ended in Mar. 2025 was JMD142,357 Mil. Therefore, Barita Investments's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 was 1.76%.

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

XJAM:BIL' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 1.33   Med: 2.85   Max: 5.72
Current: 2.27

During the past 13 years, Barita Investments's highest Return-on-Tangible-Asset was 5.72%. The lowest was 1.33%. And the median was 2.85%.

XJAM:BIL's Return-on-Tangible-Asset is ranked better than
58.62% of 800 companies
in the Capital Markets industry
Industry Median: 1.395 vs XJAM:BIL: 2.27

Barita Investments Return-on-Tangible-Asset Historical Data

The historical data trend for Barita Investments'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.

Barita Investments Return-on-Tangible-Asset Chart

Barita Investments Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.94 5.05 4.22 2.87 2.83

Barita Investments Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.34 2.91 2.89 1.57 1.76

Competitive Comparison of Barita Investments's Return-on-Tangible-Asset

For the Capital Markets subindustry, Barita Investments'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.


Barita Investments's Return-on-Tangible-Asset Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Barita Investments's Return-on-Tangible-Asset distribution charts can be found below:

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


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Barita Investments Return-on-Tangible-Asset Calculation

Barita Investments's annualized Return-on-Tangible-Asset for the fiscal year that ended in Sep. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Sep. 2024 )  (A: Sep. 2023 )(A: Sep. 2024 )
=3815.649/( (128173.14+141912.956)/ 2 )
=3815.649/135043.048
=2.83 %

Barita Investments's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2025 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=2510.168/( (139128.086+145585.615)/ 2 )
=2510.168/142356.8505
=1.76 %

* 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 (Mar. 2025) net income data.


Barita Investments  (XJAM:BIL) 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.


Barita Investments Return-on-Tangible-Asset Related Terms

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


Barita Investments Business Description

Traded in Other Exchanges
N/A
Address
15 Street Lucia Way, Kingston, JAM, 5
Barita Investments Ltd is a stockbroking company. Its services include fixed-income services, fund management services, and the operation of foreign exchange and other income. The group has three business segments: The fixed income segment includes money market activities and securities broking, the Funds management segment includes the administration of several managed funds, and the Other operations segment includes the operation of foreign exchange, investment banking, stock broking, and any other income.

Barita Investments Headlines

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