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138 Student Living Jamaica (XJAM:138SL) Return-on-Tangible-Asset : 0.00% (As of . 20)


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What is 138 Student Living Jamaica 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. 138 Student Living Jamaica's annualized Net Income for the quarter that ended in . 20 was JMD Mil. 138 Student Living Jamaica's average total tangible assets for the quarter that ended in . 20 was JMD Mil. Therefore, 138 Student Living Jamaica's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 was 0.00%.

The historical rank and industry rank for 138 Student Living Jamaica's Return-on-Tangible-Asset or its related term are showing as below:

XJAM:138SL's Return-on-Tangible-Asset is not ranked *
in the Travel & Leisure industry.
Industry Median: 2.57
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

138 Student Living Jamaica Return-on-Tangible-Asset Historical Data

The historical data trend for 138 Student Living Jamaica'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.

138 Student Living Jamaica Return-on-Tangible-Asset Chart

138 Student Living Jamaica Annual Data
Trend
Return-on-Tangible-Asset

138 Student Living Jamaica Semi-Annual Data
Return-on-Tangible-Asset

Competitive Comparison of 138 Student Living Jamaica's Return-on-Tangible-Asset

For the Lodging subindustry, 138 Student Living Jamaica'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.


138 Student Living Jamaica's Return-on-Tangible-Asset Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, 138 Student Living Jamaica's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where 138 Student Living Jamaica's Return-on-Tangible-Asset falls into.



138 Student Living Jamaica Return-on-Tangible-Asset Calculation

138 Student Living Jamaica'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 )
=/( (+)/ )
=/
= %

138 Student Living Jamaica'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.


138 Student Living Jamaica  (XJAM:138SL) 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.


138 Student Living Jamaica Return-on-Tangible-Asset Related Terms

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138 Student Living Jamaica (XJAM:138SL) Business Description

Traded in Other Exchanges
N/A
Address
2 Castries Drive, UWI Mona Campus, St. Andrew, Kingston, JAM, 7
138 Student Living Jamaica Ltd is a company which provides accommodations to students at the University of the West Indies (UWI) Mona campus to pursue tertiary education in Jamaica.

138 Student Living Jamaica (XJAM:138SL) Headlines

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