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Immobiliere Dassault (XPAR:IMDA) Return-on-Tangible-Equity : -9.61% (As of Dec. 2023)


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What is Immobiliere Dassault 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. Immobiliere Dassault's annualized net income for the quarter that ended in Dec. 2023 was €-57.42 Mil. Immobiliere Dassault's average shareholder tangible equity for the quarter that ended in Dec. 2023 was €597.76 Mil. Therefore, Immobiliere Dassault's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was -9.61%.

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

XPAR:IMDA' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -4.33   Med: 9.78   Max: 23.59
Current: -4.31

During the past 13 years, Immobiliere Dassault's highest Return-on-Tangible-Equity was 23.59%. The lowest was -4.33%. And the median was 9.78%.

XPAR:IMDA's Return-on-Tangible-Equity is ranked worse than
80.93% of 792 companies
in the REITs industry
Industry Median: 4.575 vs XPAR:IMDA: -4.31

Immobiliere Dassault Return-on-Tangible-Equity Historical Data

The historical data trend for Immobiliere Dassault'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.

Immobiliere Dassault Return-on-Tangible-Equity Chart

Immobiliere Dassault Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.06 23.59 13.13 7.25 -4.33

Immobiliere Dassault Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.01 18.44 -3.97 0.84 -9.61

Competitive Comparison of Immobiliere Dassault's Return-on-Tangible-Equity

For the REIT - Diversified subindustry, Immobiliere Dassault'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.


Immobiliere Dassault's Return-on-Tangible-Equity Distribution in the REITs Industry

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

* The bar in red indicates where Immobiliere Dassault's Return-on-Tangible-Equity falls into.



Immobiliere Dassault Return-on-Tangible-Equity Calculation

Immobiliere Dassault'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 )
=-26.112/( (621.905+583.402 )/ 2 )
=-26.112/602.6535
=-4.33 %

Immobiliere Dassault'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 )
=-57.422/( (612.119+583.402)/ 2 )
=-57.422/597.7605
=-9.61 %

* 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.


Immobiliere Dassault  (XPAR:IMDA) 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.


Immobiliere Dassault Return-on-Tangible-Equity Related Terms

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Immobiliere Dassault (XPAR:IMDA) Business Description

Traded in Other Exchanges
Address
9 rond-point des Champs-Elysees, Paris, FRA, 75008
Immobiliere Dassault SA is a France-based real estate company. It owns and manages the office and residential real estate properties. The company's objective is to progressively grow its real estate portfolio in the prime sector of Paris, with a medium and long-term heritage focus, focusing mainly on high-quality office and retail properties.

Immobiliere Dassault (XPAR:IMDA) Headlines

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