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COHEN & STEERS QUALITYOME REALTY FUND (COHEN & STEERS QUALITYOME REALTY FUND) Return-on-Tangible-Equity : 14.23% (As of Dec. 2023)


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What is COHEN & STEERS QUALITYOME REALTY FUND 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. COHEN & STEERS QUALITYOME REALTY FUND's annualized net income for the quarter that ended in Dec. 2023 was $245.6 Mil. COHEN & STEERS QUALITYOME REALTY FUND's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $1,725.6 Mil. Therefore, COHEN & STEERS QUALITYOME REALTY FUND's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 14.23%.

The historical rank and industry rank for COHEN & STEERS QUALITYOME REALTY FUND's Return-on-Tangible-Equity or its related term are showing as below:

RQI' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -31.48   Med: 8.32   Max: 38.57
Current: 13.82

During the past 7 years, COHEN & STEERS QUALITYOME REALTY FUND's highest Return-on-Tangible-Equity was 38.57%. The lowest was -31.48%. And the median was 8.32%.

RQI's Return-on-Tangible-Equity is ranked better than
76.87% of 1673 companies
in the Asset Management industry
Industry Median: 5.07 vs RQI: 13.82

COHEN & STEERS QUALITYOME REALTY FUND Return-on-Tangible-Equity Historical Data

The historical data trend for COHEN & STEERS QUALITYOME REALTY FUND'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.

COHEN & STEERS QUALITYOME REALTY FUND Return-on-Tangible-Equity Chart

COHEN & STEERS QUALITYOME REALTY FUND Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial 30.81 -4.59 38.57 -31.48 13.81

COHEN & STEERS QUALITYOME REALTY FUND Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 32.92 -44.55 -18.04 13.42 14.23

Competitive Comparison of COHEN & STEERS QUALITYOME REALTY FUND's Return-on-Tangible-Equity

For the Asset Management subindustry, COHEN & STEERS QUALITYOME REALTY FUND'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.


COHEN & STEERS QUALITYOME REALTY FUND's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, COHEN & STEERS QUALITYOME REALTY FUND's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where COHEN & STEERS QUALITYOME REALTY FUND's Return-on-Tangible-Equity falls into.



COHEN & STEERS QUALITYOME REALTY FUND Return-on-Tangible-Equity Calculation

COHEN & STEERS QUALITYOME REALTY FUND's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=234.95/( (1647.564+1754.69 )/ 2 )
=234.95/1701.127
=13.81 %

COHEN & STEERS QUALITYOME REALTY FUND's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=245.58/( (1696.435+1754.69)/ 2 )
=245.58/1725.5625
=14.23 %

* 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 two times the semi-annual (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


COHEN & STEERS QUALITYOME REALTY FUND  (NYSE:RQI) 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.


COHEN & STEERS QUALITYOME REALTY FUND Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of COHEN & STEERS QUALITYOME REALTY FUND's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


COHEN & STEERS QUALITYOME REALTY FUND (COHEN & STEERS QUALITYOME REALTY FUND) Business Description

Traded in Other Exchanges
N/A
Address
280 Park Avenue, New York, NY, USA, 10017
COHEN & STEERS QUALITY INCOME REALTY FUND INC is a diversified, closed-end management investment company. The primary investment objective of the Fund is high current income through investment in real estate securities. Its secondary objective is capital appreciation. The Fund invests at least 80% of its total assets in income-producing common stocks and other securities issued by real estate companies, such as real estate investment trusts under normal market conditions.
Executives
Dean Junkans director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10023
Jane F. Magpiong director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Ramona Lynn Rogers-windsor director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Adam M Derechin director C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Gerald J. Maginnis director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10023
Edward C Delk officer: See Remarks 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Robert Hamilton Steers director, officer: Chairman C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Christian Corkery officer: Assistant Secretary 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Ward C Edward Jr director C/O COHEN & STEERS, 280 PARK AVENUE, NEW YORK NY 10017
Stephen Murphy officer: Deputy CCO 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Mathew Kirschner other: Portfolio Manager 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Jason Yablon officer: Vice President 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Margaret Mo officer: Assistant Secretary 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Bonnie Cohen director 1824 PHELPS PLACE, UNIT 1810, WASHINGTON DC 20008
Daphne L Richards director 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017

COHEN & STEERS QUALITYOME REALTY FUND (COHEN & STEERS QUALITYOME REALTY FUND) Headlines