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IIF (Morgan Stanley India Investment Fund,) Return-on-Tangible-Equity : 5.04% (As of Dec. 2024)


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What is Morgan Stanley India Investment Fund, 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. Morgan Stanley India Investment Fund,'s annualized net income for the quarter that ended in Dec. 2024 was $15.36 Mil. Morgan Stanley India Investment Fund,'s average shareholder tangible equity for the quarter that ended in Dec. 2024 was $304.97 Mil. Therefore, Morgan Stanley India Investment Fund,'s annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 was 5.04%.

The historical rank and industry rank for Morgan Stanley India Investment Fund,'s Return-on-Tangible-Equity or its related term are showing as below:

IIF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -25.95   Med: 11.57   Max: 34.96
Current: 21.41

During the past 8 years, Morgan Stanley India Investment Fund,'s highest Return-on-Tangible-Equity was 34.96%. The lowest was -25.95%. And the median was 11.57%.

IIF's Return-on-Tangible-Equity is ranked better than
82.76% of 1636 companies
in the Asset Management industry
Industry Median: 8.345 vs IIF: 21.41

Morgan Stanley India Investment Fund, Return-on-Tangible-Equity Historical Data

The historical data trend for Morgan Stanley India Investment Fund,'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.

Morgan Stanley India Investment Fund, Return-on-Tangible-Equity Chart

Morgan Stanley India Investment Fund, Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial 4.30 25.76 -11.92 18.83 22.34

Morgan Stanley India Investment Fund, Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 13.17 13.26 23.84 37.70 5.04

Competitive Comparison of Morgan Stanley India Investment Fund,'s Return-on-Tangible-Equity

For the Asset Management subindustry, Morgan Stanley India Investment Fund,'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.


Morgan Stanley India Investment Fund,'s Return-on-Tangible-Equity Distribution in the Asset Management Industry

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

* The bar in red indicates where Morgan Stanley India Investment Fund,'s Return-on-Tangible-Equity falls into.


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Morgan Stanley India Investment Fund, Return-on-Tangible-Equity Calculation

Morgan Stanley India Investment Fund,'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 )
=62.425/( (264.889+293.942 )/ 2 )
=62.425/279.4155
=22.34 %

Morgan Stanley India Investment Fund,'s annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Jun. 2024 )(Q: Dec. 2024 )
=15.358/( (316.002+293.942)/ 2 )
=15.358/304.972
=5.04 %

* 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 (Dec. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


Morgan Stanley India Investment Fund,  (NYSE:IIF) 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.


Morgan Stanley India Investment Fund, Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of Morgan Stanley India Investment Fund,'s Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Morgan Stanley India Investment Fund, Business Description

Traded in Other Exchanges
N/A
Address
1585 Broadway, New York, NY, USA, 10036
Morgan Stanley India Investment Fund, Inc. is the United States based non-diversified, closed-end management investment company. Its investment objective is to achieve long-term capital appreciation through investment in equity securities of Indian Issuers. The company's portfolio of investments consists of the investment in different sectors such as auto components, banks, capital markets, construction and engineering, pharmaceuticals and others.
Executives
Michael J Key officer: Vice President 1633 BROADWAY, 29TH FLOOR, NEW YORK NY 10019
Eddie Arthur Grier other: Advisory Board Member 11700 PLAZA AMERICA DRIVE, SUITE 500, RESTON VA 20190
Frances Cashman other: Advisory Board Member MORGAN STANLEY INVESTMENT MANAGEMENT, 1633 BROADWAY 29TH FLOOR, NEW YORK NY 10019
Deidre Downes officer: Chief Compliance Officer 1633 BROADWAY, 29TH FLOOR, NEW YORK NY 10019
Amay Ashok Hattangadi officer: Portfolio Manager 522 5TH AVENUE, NEW YORK NY 10036
City Of London Investment Group Plc 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Jakki L. Haussler director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Nancy Everett director 1812 PARK AVE, RICHMOND VA 23220
Patricia A Maleski director C/O J P MORGAN INVESTMENT MANAGEMENT INC, 522 FIFTH AVENUE, NEW YORK NY 10036
City Of London Investment Management Co Ltd 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Timothy J Knierim officer: CCO 100 MULBERRY STREET, NEWARK NJ 07102
Joseph C Benedetti officer: Vice President C/O INVESCO, 225 LIBERTY STREET, NEW YORK NY 10281
John H Gernon officer: Principle Executive Officer 522 5TH AVENUE, NEW YORK NY 10036
Ashutosh Sinha other: Portfolio Manager 522 FIFTH AVENUE 19TH FLOOR, NEW YORK NY 10036
Arthur Jason Lev director, officer: President and PEO 522 5TH AVENUE, NEW YORK NY 10036