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Guideline Group Information Technologies (XTAE:GUID) Return-on-Tangible-Asset : 0.00% (As of . 20)


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What is Guideline Group Information Technologies 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. Guideline Group Information Technologies's annualized Net Income for the quarter that ended in . 20 was ₪ Mil. Guideline Group Information Technologies's average total tangible assets for the quarter that ended in . 20 was ₪ Mil. Therefore, Guideline Group Information Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 was 0.00%.

The historical rank and industry rank for Guideline Group Information Technologies's Return-on-Tangible-Asset or its related term are showing as below:

XTAE:GUID's Return-on-Tangible-Asset is not ranked *
in the Interactive Media industry.
Industry Median: -2.8
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Guideline Group Information Technologies Return-on-Tangible-Asset Historical Data

The historical data trend for Guideline Group Information Technologies'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.

Guideline Group Information Technologies Return-on-Tangible-Asset Chart

Guideline Group Information Technologies Annual Data
Trend
Return-on-Tangible-Asset

Guideline Group Information Technologies Quarterly Data
Return-on-Tangible-Asset

Competitive Comparison of Guideline Group Information Technologies's Return-on-Tangible-Asset

For the Internet Content & Information subindustry, Guideline Group Information Technologies'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.


Guideline Group Information Technologies's Return-on-Tangible-Asset Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Guideline Group Information Technologies's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Guideline Group Information Technologies's Return-on-Tangible-Asset falls into.



Guideline Group Information Technologies Return-on-Tangible-Asset Calculation

Guideline Group Information Technologies's annualized Return-on-Tangible-Asset for the fiscal year that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+)/ )
=/
= %

Guideline Group Information Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 (. 20) net income data.


Guideline Group Information Technologies  (XTAE:GUID) 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.


Guideline Group Information Technologies Return-on-Tangible-Asset Related Terms

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


Guideline Group Information Technologies (XTAE:GUID) Business Description

Traded in Other Exchanges
N/A
Address
12 Yad Haruzim Street, Tel Aviv, ISR
Guideline Group Information Technologies Ltd formerly Trendline Information & Communication Services Ltd. provides financial content and information. It provides financial data on its business portal, named, Bizportal.co.il. Its site provides news that includes an overview of important rulings, reporting on people and bodies in the world and opinion and analyzes articles and more.

Guideline Group Information Technologies (XTAE:GUID) Headlines

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