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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. Consensus Cloud Solutions's annualized Net Income for the quarter that ended in Mar. 2024 was $105.5 Mil. Consensus Cloud Solutions's average total tangible assets for the quarter that ended in Mar. 2024 was $241.5 Mil. Therefore, Consensus Cloud Solutions's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2024 was 43.68%.
The historical rank and industry rank for Consensus Cloud Solutions's Return-on-Tangible-Asset or its related term are showing as below:
During the past 6 years, Consensus Cloud Solutions's highest Return-on-Tangible-Asset was 56.31%. The lowest was 16.95%. And the median was 31.45%.
The historical data trend for Consensus Cloud Solutions'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.
Consensus Cloud Solutions Annual Data | |||||||||||||||
Trend | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Return-on-Tangible-Asset | Get a 7-Day Free Trial | 56.31 | 20.69 | 16.95 | 34.31 | 31.45 |
Consensus Cloud Solutions Quarterly Data | ||||||||||||||||||
Dec18 | Dec19 | 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 | 24.46 | 31.22 | 32.74 | 23.63 | 43.68 |
For the Software - Infrastructure subindustry, Consensus Cloud Solutions'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.
For the Software industry and Technology sector, Consensus Cloud Solutions's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Consensus Cloud Solutions's Return-on-Tangible-Asset falls into.
Consensus Cloud Solutions's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2023 is calculated as:
Return-on-Tangible-Asset | = | Net Income | / | ( (Total Tangible Assets | + | Total Tangible Assets) | / count ) |
(A: Dec. 2023 ) | (A: Dec. 2022 ) | (A: Dec. 2023 ) | |||||
= | Net Income | / | ( (Total Assets - Intangible Assets | + | Total Assets - Intangible Assets) | / count ) | |
(A: Dec. 2023 ) | (A: Dec. 2022 ) | (A: Dec. 2023 ) | |||||
= | 77.295 | / | ( (238.158 | + | 253.443) | / 2 ) | |
= | 77.295 | / | 245.8005 | ||||
= | 31.45 % |
Consensus Cloud Solutions'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 ) | |||||
= | 105.48 | / | ( (253.443 | + | 229.574) | / 2 ) | |
= | 105.48 | / | 241.5085 | ||||
= | 43.68 % |
* 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.
Consensus Cloud Solutions (NAS:CCSI) 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 companys 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 companys 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.
Thank you for viewing the detailed overview of Consensus Cloud Solutions's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
James C Malone | officer: Chief Financial Officer | 3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305 |
Elaine Healy | director | |
Douglas Y Bech | director | C/O J2 GLOBAL COMMUNICATIONS INC, 6922 HOLLYWOOD BLVD/LEGAL DEPT - 5TH FL., LOS ANGELES CA 90028 |
Pamela Sutton-wallace | director | 197 VAN VORST ST, APT 1505, JERSEY CITY NJ 07302 |
Steve Emberland | officer: Vice President, Controller | 700 S. FLOWER STREET, 15TH FLOOR, LOS ANGELES CA 90017 |
John Nebergall | officer: Chief Operating Officer | 700 S. FLOWER STREET, 15TH FLOOR, LOS ANGELES CA 90017 |
Nathaniel Simmons | director | 700 S. FLOWER STREET, 15TH FLOOR, LOS ANGELES CA 90017 |
Jeffrey Alan Sullivan | officer: Chief Technology Officer | 700 S. FLOWER STREET, 15TH FLOOR, LOS ANGELES CA 90017 |
R Scott Turicchi | director, officer: CEO & CFO | C/O J2 GLOBAL COMMUNICATIONS, INC., 6922 HOLLYWOOD BLVD, 5TH FLOOR, LOS ANGELES CA 90028 |
Jeremy Rossen | director, officer: President | ZIFF DAVIS INC, 114 5TH AVE,14TH AND 15TH FLOOR, NEW YORK NY 10011 |
Stephen Ross | director | |
J2 Global, Inc. | 10 percent owner | 114 5TH AVENUE, NEW YORK NY 10011 |
Vithya Aubee | director, officer: VP & Secretary | 700 S. FLOWER STREET, 15TH FLOOR, LOS ANGELES CA 90017 |
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