The historical rank and industry rank for Chicago Atlantic Real Estate Finance's Return-on-Tangible-Asset or its related term are showing as below:
REFI'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 10.39 Med: 10.71 Max: 11.02
Current: 10.51
During the past 3 years, Chicago Atlantic Real Estate Finance's highest Return-on-Tangible-Asset was 11.02%. The lowest was 10.39%. And the median was 10.71%.
REFI's Return-on-Tangible-Asset is ranked better than 87.59% of 798
companies
in the REITs industry
Industry Median: 2.28
vs REFI: 10.51
Chicago Atlantic Real Estate Finance Return-on-Tangible-Asset Historical Data
* 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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Chicago Atlantic Real Estate Finance Return-on-Tangible-Asset Chart
Chicago Atlantic Real Estate Finance Annual Data
Trend
Dec21
Dec22
Dec23
Return-on-Tangible-Asset
-
10.39
11.02
Chicago Atlantic Real Estate Finance Quarterly Data
Competitive Comparison of Chicago Atlantic Real Estate Finance's Return-on-Tangible-Asset
For the REIT - Mortgage subindustry, Chicago Atlantic Real Estate Finance'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.
Chicago Atlantic Real Estate Finance's Return-on-Tangible-Asset Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Chicago Atlantic Real Estate Finance's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Chicago Atlantic Real Estate Finance's Return-on-Tangible-Asset falls into.
Chicago Atlantic Real Estate Finance Return-on-Tangible-Asset Calculation
* 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.
Chicago Atlantic Real Estate Finance (NAS:REFI) 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.
Chicago Atlantic Real Estate Finance Return-on-Tangible-Asset Related Terms
Thank you for viewing the detailed overview of Chicago Atlantic Real Estate Finance's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Chicago Atlantic Real Estate Finance (Chicago Atlantic Real Estate Finance) Business Description
Chicago Atlantic Real Estate Finance Inc is engaged in a commercial real estate finance company. Its primary investment objective is to provide attractive risk-adjusted returns for stockholders over time, through consistent current income dividends and other distributions and secondarily through capital appreciation.
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