What is Dream Impact 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. Dream Impact Trust's annualized net income for the quarter that ended in Mar. 2024 was $-16.02 Mil. Dream Impact Trust's average shareholder tangible equity for the quarter that ended in Mar. 2024 was $317.38 Mil. Therefore, Dream Impact Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2024 was -5.05%.
The historical rank and industry rank for Dream Impact Trust's Return-on-Tangible-Equity or its related term are showing as below:
DDHRF'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -10.24 Med: 2.46 Max: 16.86
Current: -10.24
During the past 11 years, Dream Impact Trust's highest Return-on-Tangible-Equity was 16.86%. The lowest was -10.24%. And the median was 2.46%.
DDHRF's Return-on-Tangible-Equity is ranked worse than 88.37% of 791
companies
in the REITs industry
Industry Median: 4.59
vs DDHRF: -10.24
Dream Impact Trust Return-on-Tangible-Equity Historical Data
The historical data trend for Dream Impact 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.
Competitive Comparison of Dream Impact Trust's Return-on-Tangible-Equity
For the REIT - Diversified subindustry, Dream Impact 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.
Dream Impact Trust's Return-on-Tangible-Equity Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Dream Impact Trust's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where Dream Impact Trust's Return-on-Tangible-Equity falls into.
* 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. 2024) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
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.
Dream Impact Trust Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of Dream Impact Trust's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
Dream Impact Trust (Dream Impact Trust) Business Description
Dream Impact Trust is a Canada-based open-ended trust. It is focused on asset alternative investments consisting of real estate, real estate lending, real estate development, and renewable power. The objective is to generate financial returns along with positive social and environmental impacts. It has two operating segments: The development and investment holdings segment is comprised of direct and indirect investments in residential and mixed-use developments, a hospitality asset, and participating mortgage receivables and the Recurring income segment is comprised of a portfolio of stabilized office and commercial real estate income properties and multi-family rental assets over which the trust has significant influence, joint control, or control, and interest-paying corporate loans.
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