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Designer Brands (Designer Brands) Return-on-Tangible-Asset : -6.26% (As of Jan. 2024)


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What is Designer Brands 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. Designer Brands's annualized Net Income for the quarter that ended in Jan. 2024 was $-119 Mil. Designer Brands's average total tangible assets for the quarter that ended in Jan. 2024 was $1,898 Mil. Therefore, Designer Brands's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2024 was -6.26%.

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

DBI' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -23.3   Med: 6.59   Max: 10.92
Current: 1.52

During the past 13 years, Designer Brands's highest Return-on-Tangible-Asset was 10.92%. The lowest was -23.30%. And the median was 6.59%.

DBI's Return-on-Tangible-Asset is ranked worse than
53.93% of 1081 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.06 vs DBI: 1.52

Designer Brands Return-on-Tangible-Asset Historical Data

The historical data trend for Designer Brands'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.

Designer Brands Return-on-Tangible-Asset Chart

Designer Brands Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.96 -23.30 8.19 8.59 1.55

Designer Brands Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 Premium Member Only Premium Member Only Premium Member Only 9.16 2.40 7.70 2.10 -6.26

Competitive Comparison of Designer Brands's Return-on-Tangible-Asset

For the Footwear & Accessories subindustry, Designer Brands'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.


Designer Brands's Return-on-Tangible-Asset Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Designer Brands's Return-on-Tangible-Asset distribution charts can be found below:

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



Designer Brands Return-on-Tangible-Asset Calculation

Designer Brands's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jan. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jan. 2024 )  (A: Jan. 2023 )(A: Jan. 2024 )
=29.062/( (1880.637+1869.646)/ 2 )
=29.062/1875.1415
=1.55 %

Designer Brands's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=-118.792/( (1925.787+1869.646)/ 2 )
=-118.792/1897.7165
=-6.26 %

* 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 (Jan. 2024) net income data.


Designer Brands  (NYSE:DBI) 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.


Designer Brands Return-on-Tangible-Asset Related Terms

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


Designer Brands (Designer Brands) Business Description

Traded in Other Exchanges
Address
810 DSW Drive, Columbus, OH, USA, 43219
Designer Brands Inc is a designer, producer and retailer of footwear and accessories. The company operates in three reportable segments: the U.S. Retail segment, the Canada Retail segment, and the Brand Portfolio segment. The U.S. Retail segment operates the DSW Designer Shoe Warehouse banner through its direct-to-consumer U.S. stores and e-commerce site. The Canada Retail segment operates The Shoe Company and DSW banners through its direct-to-consumer Canada stores and e-commerce sites. The Brand Portfolio segment earns revenue from the sale of wholesale products to retailers, commissions for serving retailers as the design and buying agent for products under private labels and the sale of branded products through its direct-to-consumer e-commerce site at www.vincecamuto.com.
Executives
Deborah L Ferree officer: Pres. & Chief Mdsing Officer 4150 EAST FIFTH AVE., COLUMBUS OH 43219
Mark Haley officer: SVP, Controller & PAO 4055 TECHNOLOGY FOREST BLVD., STE. 210, THE WOODLANDS TX 77381
William L Jordan officer: SVP, General Counsel 810 DSW DRIVE, COLUMBUS OH 43219
James S. Weinberg officer: EVP; Chief Merchandising Ofcr 810 DSW DR,, COLUMBUS OH 43219
Jared A. Poff officer: SVP, Finance & Interim CFO DSW INC., 810 DSW DRIVE, COLUMBUS OH 43219
Mary Turner officer: EVP; President, Shoe Company 810 DSW DRIVE, COLUMBUS OH 43219
Harvey L Sonnenberg other: Director Nominee 399 THORNALL STREET, EDISON NJ 08837
Laura Denk officer: EVP;Pres DSW Designer ShoeWhse 810 DSW DRIVE, COLUMBUS OH 43219
Tami Fersko director 810 DSW DRIVE, COLUMBUS OH 43219
Richard A. Paul director 80 PINE STREET, SUITE 3202, NEW YORK NY 10005
Joanne Zaiac director DSW INC., 810 DSW DRIVE, COLUMBUS OH 43219
Joanna T Lau director 30 MONUMENT SQUARE, SUITE 220, CONCORD MA 01742
Douglas M. Howe officer: EVP, President of DSW N56 W17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051-5660
Jay L Schottenstein director, 10 percent owner, officer: Chairman and CEO 1800 MOLER ROAD, COLUMBUS OH 43207
Joseph A. Schottenstein director 4300 EAST FIFTH AVENUE, COLUMBUS OH 43219