The historical rank and industry rank for American Strategic Investment Co's Return-on-Tangible-Equity or its related term are showing as below:
NYC'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -49.26 Med: -9.06 Max: -4.4
Current: -49.26
During the past 9 years, American Strategic Investment Co's highest Return-on-Tangible-Equity was -4.40%. The lowest was -49.26%. And the median was -9.06%.
NYC's Return-on-Tangible-Equity is ranked worse than 95.19% of 1766
companies
in the Real Estate industry
Industry Median: 2.94
vs NYC: -49.26
American Strategic Investment Co Return-on-Tangible-Equity Historical Data
* 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.
American Strategic Investment Co Return-on-Tangible-Equity Chart
Competitive Comparison of American Strategic Investment Co's Return-on-Tangible-Equity
For the Real Estate Services subindustry, American Strategic Investment Co'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.
American Strategic Investment Co's Return-on-Tangible-Equity Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, American Strategic Investment Co's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where American Strategic Investment Co's Return-on-Tangible-Equity falls into.
American Strategic Investment Co Return-on-Tangible-Equity Calculation
American Strategic Investment Co's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
American Strategic Investment Co (NYSE:NYC) 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.
American Strategic Investment Co Return-on-Tangible-Equity Related Terms
Thank you for viewing the detailed overview of American Strategic Investment Co's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.
American Strategic Investment Co (American Strategic Investment Co) Business Description
American Strategic Investment Co is an externally managed company that currently owns a portfolio of commercial real estate located within the five boroughs of New York City, majorly Manhattan. The Company's real estate assets consist of office properties and certain real estate assets that accompany office properties, including retail spaces and amenities.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
NYC has been successfully added to your 