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India Infrastructure Trust (BOM:542543) Return-on-Tangible-Equity : 63.78% (As of Mar. 2024)


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What is India Infrastructure Trust Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. India Infrastructure Trust's annualized net income for the quarter that ended in Mar. 2024 was ₹6,146 Mil. India Infrastructure Trust's average shareholder tangible equity for the quarter that ended in Mar. 2024 was ₹9,637 Mil. Therefore, India Infrastructure Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was 63.78%.

The historical rank and industry rank for India Infrastructure Trust's Return-on-Tangible-Equity or its related term are showing as below:

BOM:542543' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -18.41   Med: -3.55   Max: 83.1
Current: 83.1

During the past 9 years, India Infrastructure Trust's highest Return-on-Tangible-Equity was 83.10%. The lowest was -18.41%. And the median was -3.55%.

BOM:542543's Return-on-Tangible-Equity is ranked better than
96.36% of 1675 companies
in the Asset Management industry
Industry Median: 5.2 vs BOM:542543: 83.10

India Infrastructure Trust Return-on-Tangible-Equity Historical Data

The historical data trend for India Infrastructure Trust's Return-on-Tangible-Equity 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.

India Infrastructure Trust Return-on-Tangible-Equity Chart

India Infrastructure Trust Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only -2.63 -6.44 15.04 44.82 83.10

India Infrastructure Trust Semi-Annual Data
Mar16 Mar17 Mar18 Sep18 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23.34 58.10 26.23 101.44 63.78

Competitive Comparison of India Infrastructure Trust's Return-on-Tangible-Equity

For the Asset Management subindustry, India Infrastructure Trust's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


India Infrastructure Trust's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, India Infrastructure Trust's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where India Infrastructure Trust's Return-on-Tangible-Equity falls into.



India Infrastructure Trust Return-on-Tangible-Equity Calculation

India Infrastructure Trust's annualized Return-on-Tangible-Equity for the fiscal year that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=8220.2/( (10147.6+9637 )/ 2 )
=8220.2/9892.3
=83.10 %

India Infrastructure Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Sep. 2023 )(Q: Mar. 2024 )
=6146.2/( (0+9637)/ 1 )
=6146.2/9637
=63.78 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Mar. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


India Infrastructure Trust  (BOM:542543) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


India Infrastructure Trust Return-on-Tangible-Equity Related Terms

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India Infrastructure Trust (BOM:542543) Business Description

Traded in Other Exchanges
N/A
Address
Seawoods Grand Central, Tower-1, 3rd Level, C Wing - 301 to 304, Sector 40, Seawoods Railway Station, Navi Mumbai, Thane, MH, IND, 400 706
India Infrastructure Trust is a registered infrastructure investment trust set up in order to invest in infrastructure projects. The initial portfolio asset of the Trust is proposed to be a pipeline system used for the transport of natural gas, with the potential to induct new assets in due course.

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