Advance Residence Investment (TSE:3269) Return-on-Tangible-Equity : 7.05% (As of Jan. 2023)

Advance Residence Investment Return-on-Tangible-Equity Chart

Advance Residence Investment Annual Data
	Trend	Jul12	Jul13	Jul14	Jul15	Jul16	Jul17	Jul18	Jul19	Jul20	Jul21
Return-on-Tangible-Equity		Get a 7-Day Free Trial					6.16	6.37	6.44	6.66	6.48

Advance Residence Investment Semi-Annual Data
	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jan24
Return-on-Tangible-Equity	Get a 7-Day Free Trial															6.37	6.83	6.55	7.05	6.99

Competitive Comparison of Advance Residence Investment's Return-on-Tangible-Equity

For the REIT - Residential subindustry, Advance Residence Investment'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.

Advance Residence Investment's Return-on-Tangible-Equity Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Advance Residence Investment's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Advance Residence Investment's Return-on-Tangible-Equity falls into.

Advance Residence Investment Return-on-Tangible-Equity Calculation

Advance Residence Investment's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jul. 2021 is calculated as

Advance Residence Investment's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2023 is calculated as

* 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 (Jan. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

Advance Residence Investment  (TSE:3269) 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.

Advance Residence Investment Return-on-Tangible-Equity Related Terms

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Advance Residence Investment (TSE:3269) Business Description