GURUFOCUS.COM » STOCK LIST » Technology » Software » Vimeo Inc (NAS:VMEO) » Definitions » Return-on-Tangible-Asset

Vimeo (VMEO) Return-on-Tangible-Asset : 9.12% (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Vimeo 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. Vimeo's annualized Net Income for the quarter that ended in Dec. 2023 was $33.6 Mil. Vimeo's average total tangible assets for the quarter that ended in Dec. 2023 was $368.1 Mil. Therefore, Vimeo's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 was 9.12%.

The historical rank and industry rank for Vimeo's Return-on-Tangible-Asset or its related term are showing as below:

VMEO' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -284.9   Med: -21.22   Max: 6.2
Current: 6.2

During the past 5 years, Vimeo's highest Return-on-Tangible-Asset was 6.20%. The lowest was -284.90%. And the median was -21.22%.

VMEO's Return-on-Tangible-Asset is ranked better than
67.53% of 2824 companies
in the Software industry
Industry Median: 1.22 vs VMEO: 6.20

Vimeo Return-on-Tangible-Asset Historical Data

The historical data trend for Vimeo'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.

Vimeo Return-on-Tangible-Asset Chart

Vimeo Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Asset
-284.90 -60.48 -19.67 -21.22 6.04

Vimeo Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Return-on-Tangible-Asset 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 -5.79 -0.80 6.84 9.56 9.12

Competitive Comparison of Vimeo's Return-on-Tangible-Asset

For the Software - Application subindustry, Vimeo'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.


Vimeo's Return-on-Tangible-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Vimeo's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Vimeo's Return-on-Tangible-Asset falls into.



Vimeo Return-on-Tangible-Asset Calculation

Vimeo's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=22.032/( (354.557+374.885)/ 2 )
=22.032/364.721
=6.04 %

Vimeo's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Sep. 2023 )(Q: Dec. 2023 )
=33.58/( (361.295+374.885)/ 2 )
=33.58/368.09
=9.12 %

* 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 four times the quarterly (Dec. 2023) net income data.


Vimeo  (NAS:VMEO) 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.


Vimeo Return-on-Tangible-Asset Related Terms

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


Vimeo (VMEO) Business Description

Industry
Traded in Other Exchanges
Address
330 West 34th Street, 5th Floor, New York, NY, USA, 10001
Vimeo Inc is the all-in-one video software solution, providing the full breadth of video tools through a software-as-a-service model. The company's comprehensive and cloud-based tools empower its users to create, collaborate and communicate with video on a single, turnkey platform. The company derives its revenue from SaaS subscription fees paid by customers for subscription plans.
Executives
Furstenberg Alexander Von director C/O ARROW INVESTMENTS, 555 WEST 18TH STREET, NEW YORK NY 10011
Eric Cox officer: Chief Operating Officer C/O VIMEO, INC., 330 WEST 34TH STREET, NEW YORK NY 10001
Gillian Munson officer: Chief Financial Officer C/O XO GROUP INC., 195 BROADWAY, 25TH FLOOR, NEW YORK NY 10007
Jay Herratti director C/O VIMEO, INC., 555 WEST 18TH STREET, NEW YORK NY 10011
Thrive Partners Vi Gp, Llc director C/O THRIVE CAPITAL MANAGEMENT, LLC, 295 LAFAYETTE STREET, NEW YORK NY 10012
George C Wolfe director C/O VIMEO, INC., 555 WEST 18TH STREET, NEW YORK NY 10011
Michael A Cheah officer: General Counsel & Secretary C/O VIMEO, INC., 555 WEST 18TH STREET, NEW YORK NY 10011
Narayan Menon officer: Chief Financial Officer C/O VIMEO, INC., 555 WEST 18TH STREET, NEW YORK NY 10011
Shelton Jackson Lee director C/O VIMEO, INC., 555 WEST 18TH STREET, NEW YORK NY 10011
Nabil Mallick director C/O VIMEO, INC., 330 WEST 34TH STREET 5TH FLOOR, NEW YORK NY 10001
Adam Gross director C/O VIMEO, INC., 330 WEST 34TH STREET 5TH FLOOR, NEW YORK NY 10001
Mark Kornfilt officer: President & CPO C/O VIMEO, INC., 555 WEST 18TH STREET, NEW YORK NY 10011
Thrive Capital Partners Vi, L.p. director 295 LAFAYETTE STREET, NEW YORK NY 10012
Thrive Partners V Gp, Llc director C/O THRIVE CAPITAL MANAGEMENT, LLC, 295 LAFAYETTE STREET, NEW YORK NY 10012
Joshua Kushner director C/O OSCAR HEALTH, INC., 75 VARICK STREET, 5TH FLOOR, NEW YORK NY 10013