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Media Times (KAR:MDTL) Return-on-Tangible-Asset : 0.00% (As of . 20)


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What is Media Times 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. Media Times's annualized Net Income for the quarter that ended in . 20 was ₨ Mil. Media Times's average total tangible assets for the quarter that ended in . 20 was ₨ Mil. Therefore, Media Times's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 was 0.00%.

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

KAR:MDTL's Return-on-Tangible-Asset is not ranked *
in the Media - Diversified industry.
Industry Median: 1.015
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Media Times Return-on-Tangible-Asset Historical Data

The historical data trend for Media Times'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.

Media Times Return-on-Tangible-Asset Chart

Media Times Annual Data
Trend
Return-on-Tangible-Asset

Media Times Quarterly Data
Return-on-Tangible-Asset

Competitive Comparison of Media Times's Return-on-Tangible-Asset

For the Publishing subindustry, Media Times'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.


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

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

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



Media Times Return-on-Tangible-Asset Calculation

Media Times's annualized Return-on-Tangible-Asset for the fiscal year that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+)/ )
=/
= %

Media Times's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 (. 20) net income data.


Media Times  (KAR:MDTL) 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.


Media Times Return-on-Tangible-Asset Related Terms

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Media Times (KAR:MDTL) Business Description

Traded in Other Exchanges
N/A
Address
96-B/1, M.M. Alam Road, Lower Ground Floor, First Capital House, Gulberg-III, Lahore, PB, PAK
Media Times Ltd is involved in printing and publishing English and Urdu newspapers and magazines under the names Daily Times and AajKal. The company is also engaged in production, promotion, advertisement, distribution, and broadcasting of television programs through satellite channels by the name of Business Plus and Zaiqa. The company's operating segment includes Print Media and Electronic Media. Geographically, it operates only in Pakistan.

Media Times (KAR:MDTL) Headlines

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