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AIMS APAC REIT (SGX:O5RU) Return-on-Tangible-Asset : 0.00% (As of Sep. 2023)


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What is AIMS APAC REIT 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. AIMS APAC REIT's annualized Net Income for the quarter that ended in Sep. 2023 was S$0.0 Mil. AIMS APAC REIT's average total tangible assets for the quarter that ended in Sep. 2023 was S$2,342.5 Mil. Therefore, AIMS APAC REIT's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2023 was 0.00%.

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

During the past 13 years, AIMS APAC REIT's highest Return-on-Tangible-Asset was 7.55%. The lowest was 0.92%. And the median was 4.48%.

SGX:O5RU's Return-on-Tangible-Asset is not ranked *
in the REITs industry.
Industry Median: 2.28
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

AIMS APAC REIT Return-on-Tangible-Asset Historical Data

The historical data trend for AIMS APAC REIT'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.

AIMS APAC REIT Return-on-Tangible-Asset Chart

AIMS APAC REIT Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.38 5.46 2.98 4.90 4.80

AIMS APAC REIT Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Sep22 Mar23 Sep23
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 10.94 - - - -

Competitive Comparison of AIMS APAC REIT's Return-on-Tangible-Asset

For the REIT - Industrial subindustry, AIMS APAC REIT'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.


AIMS APAC REIT's Return-on-Tangible-Asset Distribution in the REITs Industry

For the REITs industry and Real Estate sector, AIMS APAC REIT's Return-on-Tangible-Asset distribution charts can be found below:

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



AIMS APAC REIT Return-on-Tangible-Asset Calculation

AIMS APAC REIT's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2023 )  (A: Mar. 2022 )(A: Mar. 2023 )
=113.861/( (2403.661+2336.422)/ 2 )
=113.861/2370.0415
=4.80 %

AIMS APAC REIT's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2023 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2023 )  (Q: Mar. 2023 )(Q: Sep. 2023 )
=0/( (2336.422+2348.616)/ 2 )
=0/2342.519
=0.00 %

* 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 (Sep. 2023) net income data.


AIMS APAC REIT  (SGX:O5RU) 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.


AIMS APAC REIT Return-on-Tangible-Asset Related Terms

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


AIMS APAC REIT (SGX:O5RU) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1 Raffles Place No. 39-03, One Raffles Place, Singapore, SGP, 048616
AIMS APAC REIT operates as a real estate investment trust. It invests in a portfolio of the income-producing real estate located throughout the Asia-Pacific region that is used for industrial purposes, including, but not limited to, warehousing and distribution activities, business park activities, and manufacturing activities. It operates through the Singapore and Australia geographical segments out of which Singapore accounts for majority revenue.

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