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Corporacion De Finanzas Del Pais (XPTY:CFPA081PREFA.PFD) Return-on-Tangible-Asset : 0.00% (As of . 20)


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What is Corporacion De Finanzas Del Pais Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Corporacion De Finanzas Del Pais's annualized Net Income for the quarter that ended in . 20 was $ Mil. Corporacion De Finanzas Del Pais's average total tangible assets for the quarter that ended in . 20 was $ Mil. Therefore, Corporacion De Finanzas Del Pais's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 was 0.00%.

The historical rank and industry rank for Corporacion De Finanzas Del Pais's Return-on-Tangible-Asset or its related term are showing as below:

XPTY:CFPA081PREFA.PFD's Return-on-Tangible-Asset is not ranked *
in the Credit Services industry.
Industry Median: 1.83
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Corporacion De Finanzas Del Pais Return-on-Tangible-Asset Historical Data

The historical data trend for Corporacion De Finanzas Del Pais's Return-on-Tangible-Asset 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.

Corporacion De Finanzas Del Pais Return-on-Tangible-Asset Chart

Corporacion De Finanzas Del Pais Annual Data
Trend
Return-on-Tangible-Asset

Corporacion De Finanzas Del Pais Semi-Annual Data
Return-on-Tangible-Asset

Competitive Comparison of Corporacion De Finanzas Del Pais's Return-on-Tangible-Asset

For the Credit Services subindustry, Corporacion De Finanzas Del Pais's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


Corporacion De Finanzas Del Pais's Return-on-Tangible-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Corporacion De Finanzas Del Pais's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Corporacion De Finanzas Del Pais's Return-on-Tangible-Asset falls into.



Corporacion De Finanzas Del Pais Return-on-Tangible-Asset Calculation

Corporacion De Finanzas Del Pais's annualized Return-on-Tangible-Asset for the fiscal year that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+)/ )
=/
= %

Corporacion De Finanzas Del Pais's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is one times the annual (. 20) net income data.


Corporacion De Finanzas Del Pais  (XPTY:CFPA081PREFA.PFD) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the company’s earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Corporacion De Finanzas Del Pais Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Corporacion De Finanzas Del Pais's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Corporacion De Finanzas Del Pais (XPTY:CFPA081PREFA.PFD) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Calle 50, Panacredit Building, Next to Panafoto, Panama, PAN
Corporacion De Finanzas Del Pais SA is a financing company. Its main business lines include factoring operations, personal loans and home equity loans and leasing and commercial financing to small and medium enterprises.

Corporacion De Finanzas Del Pais (XPTY:CFPA081PREFA.PFD) Headlines

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