GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » City Office REIT Inc (NYSE:CIOpA.PFD) » Definitions » Return-on-Tangible-Equity

CIOPA.PFD (City Office REIT) Return-on-Tangible-Equity : -0.96% (As of Mar. 2025)


View and export this data going back to 2016. Start your Free Trial

What is City Office REIT 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. City Office REIT's annualized net income for the quarter that ended in Mar. 2025 was $-6.68 Mil. City Office REIT's average shareholder tangible equity for the quarter that ended in Mar. 2025 was $696.15 Mil. Therefore, City Office REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was -0.96%.

The historical rank and industry rank for City Office REIT's Return-on-Tangible-Equity or its related term are showing as below:

CIOpA.PFD' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -17.44   Med: 0.76   Max: 82.56
Current: -2.64

During the past 13 years, City Office REIT's highest Return-on-Tangible-Equity was 82.56%. The lowest was -17.44%. And the median was 0.76%.

CIOpA.PFD's Return-on-Tangible-Equity is ranked worse than
83.64% of 929 companies
in the REITs industry
Industry Median: 5.42 vs CIOpA.PFD: -2.64

City Office REIT Return-on-Tangible-Equity Historical Data

The historical data trend for City Office REIT'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.

City Office REIT Return-on-Tangible-Equity Chart

City Office REIT Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 82.56 2.19 -0.36 -2.47

City Office REIT 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-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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.32 -2.07 -1.48 -6.07 -0.96

Competitive Comparison of City Office REIT's Return-on-Tangible-Equity

For the REIT - Office subindustry, City Office REIT'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.


City Office REIT's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, City Office REIT's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where City Office REIT's Return-on-Tangible-Equity falls into.


;
;

City Office REIT Return-on-Tangible-Equity Calculation

City Office REIT's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-17.68/( (729.797+699.224 )/ 2 )
=-17.68/714.5105
=-2.47 %

City Office REIT's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=-6.68/( (699.224+693.07)/ 2 )
=-6.68/696.147
=-0.96 %

* 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 four times the quarterly (Mar. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


City Office REIT  (NYSE:CIOpA.PFD) 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.


City Office REIT Return-on-Tangible-Equity Related Terms

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


City Office REIT Business Description

Traded in Other Exchanges
Address
666 Burrard Street, Suite 3210, Vancouver, BC, CAN, V6C 2X8
City Office REIT Inc is a real estate investment trust. It is focused on acquiring, owning, and operating high-quality office properties located predominantly in Sun Belt markets. The principal objective of the company is to provide attractive risk-adjusted returns to its investors over the long-term through a combination of dividends and capital appreciation. Its properties includes: Pima Center, SanTan, Park Tower, Intellicenter, Intellicenter, Denver Tech, Canyon Park, AmberGlen and many. The company these office buildings in the metropolitan areas of Dallas, Denver, Orlando, Phoenix, Portland, Raleigh, San Diego, Seattle, and Tampa.