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Klingelnberg AG (XSWX:KLIN) Return-on-Tangible-Asset : -1.21% (As of Sep. 2024)


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What is Klingelnberg AG 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. Klingelnberg AG's annualized Net Income for the quarter that ended in Sep. 2024 was CHF-3.4 Mil. Klingelnberg AG's average total tangible assets for the quarter that ended in Sep. 2024 was CHF278.7 Mil. Therefore, Klingelnberg AG's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2024 was -1.21%.

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

XSWX:KLIN' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -9.87   Med: 5.87   Max: 7.76
Current: 5.02

During the past 7 years, Klingelnberg AG's highest Return-on-Tangible-Asset was 7.76%. The lowest was -9.87%. And the median was 5.87%.

XSWX:KLIN's Return-on-Tangible-Asset is ranked better than
62.07% of 3024 companies
in the Industrial Products industry
Industry Median: 3.29 vs XSWX:KLIN: 5.02

Klingelnberg AG Return-on-Tangible-Asset Historical Data

The historical data trend for Klingelnberg AG'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.

Klingelnberg AG Return-on-Tangible-Asset Chart

Klingelnberg AG Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Asset
Get a 7-Day Free Trial -9.87 -3.25 -8.57 7.34 5.87

Klingelnberg AG Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 -1.04 16.05 0.73 11.14 -1.21

Competitive Comparison of Klingelnberg AG's Return-on-Tangible-Asset

For the Specialty Industrial Machinery subindustry, Klingelnberg AG'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.


Klingelnberg AG's Return-on-Tangible-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Klingelnberg AG's Return-on-Tangible-Asset distribution charts can be found below:

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


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Klingelnberg AG Return-on-Tangible-Asset Calculation

Klingelnberg AG's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=16.618/( (281.13+285.434)/ 2 )
=16.618/283.282
=5.87 %

Klingelnberg AG'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: Mar. 2024 )(Q: Sep. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2024 )  (Q: Mar. 2024 )(Q: Sep. 2024 )
=-3.366/( (285.434+272.043)/ 2 )
=-3.366/278.7385
=-1.21 %

* 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.


Klingelnberg AG  (XSWX:KLIN) 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.


Klingelnberg AG Return-on-Tangible-Asset Related Terms

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Klingelnberg AG Business Description

Traded in Other Exchanges
Address
Binzmuhlestrasse 171, Zurich, CHE, 8050
Klingelnberg AG operates its business in the gear industry. The company is engaged in the development, manufacturing, and selling of gearing machines. Its business segments include Bevel Gear; Cylindrical Gear; Measuring Centers, and Drive Technology. The company generates the majority of its revenue from Measuring Centers. The company serves automotive, truck, aircraft, agriculture, construction, power tools, marine industries, and various industrial equipment markets. The company is geographically present across Italy, France, Spain, Russia, Japan, India, China, Brazil, the United States, and Mexico.

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