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Previsionnitaria Nacional Gestion Socimi (XMAD:YPSN) Return-on-Tangible-Asset : 0.00% (As of Dec. 2024)


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What is Previsionnitaria Nacional Gestion Socimi 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. Previsionnitaria Nacional Gestion Socimi's annualized Net Income for the quarter that ended in Dec. 2024 was €0.00 Mil. Previsionnitaria Nacional Gestion Socimi's average total tangible assets for the quarter that ended in Dec. 2024 was €1.71 Mil. Therefore, Previsionnitaria Nacional Gestion Socimi's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was 0.00%.

The historical rank and industry rank for Previsionnitaria Nacional Gestion Socimi's Return-on-Tangible-Asset or its related term are showing as below:

XMAD:YPSN's Return-on-Tangible-Asset is not ranked *
in the REITs industry.
Industry Median: 2.87
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Previsionnitaria Nacional Gestion Socimi Return-on-Tangible-Asset Historical Data

The historical data trend for Previsionnitaria Nacional Gestion Socimi'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.

Previsionnitaria Nacional Gestion Socimi Return-on-Tangible-Asset Chart

Previsionnitaria Nacional Gestion Socimi Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
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Previsionnitaria Nacional Gestion Socimi Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
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Competitive Comparison of Previsionnitaria Nacional Gestion Socimi's Return-on-Tangible-Asset

For the REIT - Specialty subindustry, Previsionnitaria Nacional Gestion Socimi'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.


Previsionnitaria Nacional Gestion Socimi's Return-on-Tangible-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Previsionnitaria Nacional Gestion Socimi's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Previsionnitaria Nacional Gestion Socimi's Return-on-Tangible-Asset falls into.


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Previsionnitaria Nacional Gestion Socimi Return-on-Tangible-Asset Calculation

Previsionnitaria Nacional Gestion Socimi's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=0/( (1.671+1.749)/ 2 )
=0/1.71
=0.00 %

Previsionnitaria Nacional Gestion Socimi's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Dec. 2023 )(Q: Dec. 2024 )
=0/( (1.671+1.749)/ 2 )
=0/1.71
=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 one times the annual (Dec. 2024) net income data.


Previsionnitaria Nacional Gestion Socimi  (XMAD:YPSN) 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.


Previsionnitaria Nacional Gestion Socimi Return-on-Tangible-Asset Related Terms

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Previsionnitaria Nacional Gestion Socimi Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Calle Genova 26, Madrid, ESP, 28004
Prevision Sanitaria Nacional Gestion Socimi SA is an investment company in the real estate market promoted by a Spanish mutual insurance company. It is engaged in the management of properties for rent, as well as investment in the real estate market for offices and commercial premises.

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