What is Dupont Fabros Technology 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. Dupont Fabros Technology's annualizedNet Income for the quarter that ended in Jun. 2017 was $133.83 Mil. Dupont Fabros Technology's average total tangible assets for the quarter that ended in Jun. 2017 was $3,247.24 Mil. Therefore, Dupont Fabros Technology's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2017 was 4.12%.
The historical rank and industry rank for Dupont Fabros Technology's Return-on-Tangible-Asset or its related term are showing as below:
DFTPRACL.PFD'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -12.78 Med: 1.64 Max: 5.46
Current: 4.7
During the past 13 years, Dupont Fabros Technology's highest Return-on-Tangible-Asset was 5.46%. The lowest was -12.78%. And the median was 1.64%.
DFTPRACL.PFD's Return-on-Tangible-Asset is not ranked
in the REITs industry.
Industry Median: 2.37
vs DFTPRACL.PFD: 4.70
Dupont Fabros Technology Return-on-Tangible-Asset Historical Data
The historical data trend for Dupont Fabros Technology'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.
Competitive Comparison of Dupont Fabros Technology's Return-on-Tangible-Asset
For the REIT - Office subindustry, Dupont Fabros Technology'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.
Dupont Fabros Technology's Return-on-Tangible-Asset Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Dupont Fabros Technology's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Dupont Fabros Technology's Return-on-Tangible-Asset falls into.
* 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.
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.
Dupont Fabros Technology Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Dupont Fabros Technology's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Dupont Fabros Technology (Dupont Fabros Technology) Business Description
Dupont Fabros Technology, or DFT, is a real estate investment trust engaged in the design and operation of multitenant, wholesale data centers in metropolitan areas across the United States. The company provides the space and infrastructure, such as electrical power, security, and fire suppression services for customers to operate their servers and computing equipment. Its real estate portfolio is composed of large data centers located in the Northern Virginia, Chicago, Greater New York City, and Santa Clara, California areas. DFT derives the majority of its income in the form of rental revenue from tenants in short- to medium-term lease agreements. The company's major customers are technology companies, including Microsoft, Facebook, and Yahoo, which account for most of its revenue.
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