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Bankrate (Bankrate) Return-on-Tangible-Asset : -29.62% (As of Jun. 2017)


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What is Bankrate 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. Bankrate's annualized Net Income for the quarter that ended in Jun. 2017 was $-93.1 Mil. Bankrate's average total tangible assets for the quarter that ended in Jun. 2017 was $314.4 Mil. Therefore, Bankrate's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2017 was -29.62%.

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

RATE's Return-on-Tangible-Asset is not ranked *
in the Interactive Media industry.
Industry Median: -1.88
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Bankrate Return-on-Tangible-Asset Historical Data

The historical data trend for Bankrate'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.

Bankrate Return-on-Tangible-Asset Chart

Bankrate Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.96 -4.34 1.25 -3.17 -10.66

Bankrate Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Return-on-Tangible-Asset 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 -56.64 15.82 -5.82 -7.10 -29.62

Competitive Comparison of Bankrate's Return-on-Tangible-Asset

For the Internet Content & Information subindustry, Bankrate'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.


Bankrate's Return-on-Tangible-Asset Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Bankrate's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Bankrate's Return-on-Tangible-Asset falls into.



Bankrate Return-on-Tangible-Asset Calculation

Bankrate's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2016 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=-34.134/( (351.016+289.538)/ 2 )
=-34.134/320.277
=-10.66 %

Bankrate's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2017 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2017 )  (Q: Mar. 2017 )(Q: Jun. 2017 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2017 )  (Q: Mar. 2017 )(Q: Jun. 2017 )
=-93.144/( (301.656+327.199)/ 2 )
=-93.144/314.4275
=-29.62 %

* 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 four times the quarterly (Jun. 2017) net income data.


Bankrate  (NYSE:RATE) 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.


Bankrate Return-on-Tangible-Asset Related Terms

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


Bankrate (Bankrate) Business Description

Traded in Other Exchanges
N/A
Address
Bankrate Inc was founded in 1976 and Bankrate, Inc. was incorporated in the State of Delaware in 2011. The Company owns and operates an Internet-based consumer banking, personal finance and senior care online network. Its flagship websites include CreditCards.com, Bankrate.com, and Caring.com which provides information on more than 300 financial and senior care products and services, including credit cards, mortgages, deposits, and other personal finance categories. Additionally, it provide financial applications and information to a network of distribution partners and through national and state publications. It has three reportable segments including Credit cards, Banking, Senior Care and other.
Executives
Steven Barnhart officer: SVP, Chief Financial Officer 1 W. ONWENTSIA ROAD, LAKE FOREST IL 60045
Richard J Pinola director BANKRATE, INC., 11760 US HIGHWAY 1 SUITE 200, NORTH PALM BEACH FL 33408
Michael Joseph Kelly director C/O EYEBLASTER, INC., 135 WEST 18TH STREET, 5TH FLOOR, NEW YORK NY 10011
John F Megrue 10 percent owner C/O APAX PARTNERS, L.P., 601 LEXINGTON AVENUE, 53RD FLOOR, NEW YORK NY 10022
Thomas R Evans director, officer: President, CEO 11760 US HIGHWAY ONE, SUITE 200, NORTH PALM BEACH FL 33408
Apax Partners Europe Managers Ltd 10 percent owner 33 JERMYN STREET, LONDON X0 SW1Y 6DN
Mitch L Truwit director C/O APAX PARTNERS, L.P., 601 LEXINGTON AVENUE, 53RD FLOOR, NEW YORK NY 10022
Christian Robert Stahl director C/O APAX PARTNERS, L.P., 601 LEXINGTON AVENUE, 53RD FLOOR, NEW YORK NY 10022

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