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Landmarc Leisure (BOM:532275) Return-on-Tangible-Asset : -3.35% (As of Mar. 2024)


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What is Landmarc Leisure 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. Landmarc Leisure's annualized Net Income for the quarter that ended in Mar. 2024 was ₹-14.25 Mil. Landmarc Leisure's average total tangible assets for the quarter that ended in Mar. 2024 was ₹426.00 Mil. Therefore, Landmarc Leisure's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 was -3.35%.

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

BOM:532275' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -10.25   Med: -3.98   Max: 0.24
Current: -1.75

During the past 13 years, Landmarc Leisure's highest Return-on-Tangible-Asset was 0.24%. The lowest was -10.25%. And the median was -3.98%.

BOM:532275's Return-on-Tangible-Asset is ranked worse than
61.44% of 1053 companies
in the Media - Diversified industry
Industry Median: 1.08 vs BOM:532275: -1.75

Landmarc Leisure Return-on-Tangible-Asset Historical Data

The historical data trend for Landmarc Leisure'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.

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Landmarc Leisure Return-on-Tangible-Asset Chart

Landmarc Leisure Annual Data
Trend Dec15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.10 -1.64 -2.97 -8.04 -1.76

Landmarc Leisure Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -7.31 -1.83 -0.49 -1.35 -3.35

Competitive Comparison of Landmarc Leisure's Return-on-Tangible-Asset

For the Entertainment subindustry, Landmarc Leisure'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.


Landmarc Leisure's Return-on-Tangible-Asset Distribution in the Media - Diversified Industry

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

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



Landmarc Leisure Return-on-Tangible-Asset Calculation

Landmarc Leisure's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2024 )  (A: Mar. 2023 )(A: Mar. 2024 )
=-7.476/( (425.62+425.997)/ 2 )
=-7.476/425.8085
=-1.76 %

Landmarc Leisure's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=-14.252/( (0+425.997)/ 1 )
=-14.252/425.997
=-3.35 %

* 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 (Mar. 2024) net income data.


Landmarc Leisure  (BOM:532275) 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.


Landmarc Leisure Return-on-Tangible-Asset Related Terms

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Landmarc Leisure (BOM:532275) Business Description

Traded in Other Exchanges
N/A
Address
115 R.K. Paramhans Marg, Old Nagardas Road, 303, Raaj Chamber, Near Andheri Station Subway, Andheri (East), Mumbai, MH, IND, 400069
Landmarc Leisure Corp Ltd is engaged in broadcasting and showing original films, sound, recording, radio, and television programs. It has completed the production of a Marathi movie 'Medium Spicy'. It is also engaged in the development, production, marketing, and distribution of feature films, documentaries, and short films and promotes all kinds of cinema, filmmaking, and creativity. The company is also interested in the wellness, and education sectors. The company has forayed into the wellness industry with the launch of Svastii Spa & Salon, a new-age Unisex Wellness destination, and with the Svastii Wellness Academy, LLCL has taken the first steps into the education sector.

Landmarc Leisure (BOM:532275) Headlines

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