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INDUS Realty Trust (INDUS Realty Trust) Return-on-Tangible-Equity : -5.97% (As of Mar. 2023)


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What is INDUS Realty Trust Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. INDUS Realty Trust's annualized net income for the quarter that ended in Mar. 2023 was $-23.11 Mil. INDUS Realty Trust's average shareholder tangible equity for the quarter that ended in Mar. 2023 was $386.81 Mil. Therefore, INDUS Realty Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2023 was -5.97%.

The historical rank and industry rank for INDUS Realty Trust's Return-on-Tangible-Equity or its related term are showing as below:

INDT' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -13.85   Med: 0.54   Max: 5.95
Current: 0.02

During the past 13 years, INDUS Realty Trust's highest Return-on-Tangible-Equity was 5.95%. The lowest was -13.85%. And the median was 0.54%.

INDT's Return-on-Tangible-Equity is not ranked
in the REITs industry.
Industry Median: 4.605 vs INDT: 0.02

INDUS Realty Trust Return-on-Tangible-Equity Historical Data

The historical data trend for INDUS Realty Trust's Return-on-Tangible-Equity 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.

INDUS Realty Trust Return-on-Tangible-Equity Chart

INDUS Realty Trust Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Dec21 Dec22
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.79 4.02 -13.85 5.95 1.58

INDUS Realty Trust Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Return-on-Tangible-Equity 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 0.28 2.94 1.15 1.94 -5.97

Competitive Comparison of INDUS Realty Trust's Return-on-Tangible-Equity

For the REIT - Industrial subindustry, INDUS Realty Trust's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


INDUS Realty Trust's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, INDUS Realty Trust's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where INDUS Realty Trust's Return-on-Tangible-Equity falls into.



INDUS Realty Trust Return-on-Tangible-Equity Calculation

INDUS Realty Trust's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2022 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=6.11/( (380.582+391.456 )/ 2 )
=6.11/386.019
=1.58 %

INDUS Realty Trust's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2023 )  (Q: Dec. 2022 )(Q: Mar. 2023 )
=-23.108/( (391.456+382.158)/ 2 )
=-23.108/386.807
=-5.97 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


INDUS Realty Trust  (NAS:INDT) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


INDUS Realty Trust Return-on-Tangible-Equity Related Terms

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


INDUS Realty Trust (INDUS Realty Trust) Business Description

Traded in Other Exchanges
N/A
Address
641 Lexington Avenue, 26th Floor, New York, NY, USA, 10022
INDUS Realty Trust Inc is a real estate company. The company is engaged in developing, managing, and leasing industrial properties, and to a lesser extent, office/flex properties. The major developments include industrial parks, Carolina Tradeport, New England Tradeport, and Lehigh Valley.
Executives
Susan Cullman 10 percent owner 641 LEXINGTON AVENUE, NEW YORK NY 10022-4599
Jon W. Clark officer: Executive Vice President 420 LEXINGTON AVE., NEW YORK NY 10170
Edgar Jr Cullman 10 percent owner 641 LEXINGTON AVE, 29TH FLOOR, NEW YORK NY 10022
Ccp Sbs Gp, Llc 10 percent owner C/O CENTERBRIDGE PARTNERS, L.P., 375 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10152
Cpref Ii Aiv Ii - A, L.p. 10 percent owner 375 PARK AVENUE, NEW YORK NY 10152
Cpref Ii Aiv Ii - B, L.p. 10 percent owner 375 PARK AVENUE, NEW YORK NY 10152
Centerbridge Partners Real Estate Associates Ii, L.p. 10 percent owner 375 PARK AVENUE, NEW YORK NY 10152
Cpref Ii Cayman Gp Ltd. 10 percent owner 375 PARK AVENUE, NEW YORK NY 10152
Centerbridge Partners Real Estate Fund Sbs Ii, L.p. 10 percent owner 375 PARK AVENUE, NEW YORK NY 10152
Jeffrey Aronson 10 percent owner 375 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10152
Conversant Gp Holdings Llc 10 percent owner 90 PARK AVENUE 32ND FLOOR, NEW YORK NY 10016
Conversant Capital Llc 10 percent owner 25 DEFOREST AVENUE, 3RD FLOOR, SUMMIT NJ 07901
Michael Simanovsky 10 percent owner 90 PARK AVENUE, 32ND FLOOR, NEW YORK NY 10016
Thomas M. Lescalleet officer: SVP, Griffin Land C/O GRIFFIN LAND & NURSERIES, INC., 90 SALMON BROOK STREET, GRANBY CT 06035
Small Albert H Jr director 24301 WALDEN CENTER DRIVE, BONITA SPRINGS FL 34134