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CBRE Clarion Global Real Estateome Fund (CBRE Clarion Global Real Estateome Fund) Return-on-Tangible-Equity : 21.55% (As of Dec. 2023)


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What is CBRE Clarion Global Real Estateome Fund Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. CBRE Clarion Global Real Estateome Fund's annualized net income for the quarter that ended in Dec. 2023 was $182.5 Mil. CBRE Clarion Global Real Estateome Fund's average shareholder tangible equity for the quarter that ended in Dec. 2023 was $846.8 Mil. Therefore, CBRE Clarion Global Real Estateome Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 was 21.55%.

The historical rank and industry rank for CBRE Clarion Global Real Estateome Fund's Return-on-Tangible-Equity or its related term are showing as below:

IGR' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -41.27   Med: 10.44   Max: 31.97
Current: 13.85

During the past 7 years, CBRE Clarion Global Real Estateome Fund's highest Return-on-Tangible-Equity was 31.97%. The lowest was -41.27%. And the median was 10.44%.

IGR's Return-on-Tangible-Equity is ranked better than
77.09% of 1676 companies
in the Asset Management industry
Industry Median: 5.025 vs IGR: 13.85

CBRE Clarion Global Real Estateome Fund Return-on-Tangible-Equity Historical Data

The historical data trend for CBRE Clarion Global Real Estateome Fund's Return-on-Tangible-Equity 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.

CBRE Clarion Global Real Estateome Fund Return-on-Tangible-Equity Chart

CBRE Clarion Global Real Estateome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Return-on-Tangible-Equity
Get a 7-Day Free Trial 23.22 -1.79 31.97 -41.27 13.99

CBRE Clarion Global Real Estateome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.14 -62.44 -19.94 5.35 21.55

Competitive Comparison of CBRE Clarion Global Real Estateome Fund's Return-on-Tangible-Equity

For the Asset Management subindustry, CBRE Clarion Global Real Estateome Fund's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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.


CBRE Clarion Global Real Estateome Fund's Return-on-Tangible-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CBRE Clarion Global Real Estateome Fund's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where CBRE Clarion Global Real Estateome Fund's Return-on-Tangible-Equity falls into.



CBRE Clarion Global Real Estateome Fund Return-on-Tangible-Equity Calculation

CBRE Clarion Global Real Estateome Fund's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2023 )  (A: Dec. 2022 )(A: Dec. 2023 )
=112.14/( (736.011+867.274 )/ 2 )
=112.14/801.6425
=13.99 %

CBRE Clarion Global Real Estateome Fund's annualized Return-on-Tangible-Equity for the quarter that ended in Dec. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Dec. 2023 )  (Q: Jun. 2023 )(Q: Dec. 2023 )
=182.504/( (826.411+867.274)/ 2 )
=182.504/846.8425
=21.55 %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Dec. 2023) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


CBRE Clarion Global Real Estateome Fund  (NYSE:IGR) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


CBRE Clarion Global Real Estateome Fund Return-on-Tangible-Equity Related Terms

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CBRE Clarion Global Real Estateome Fund (CBRE Clarion Global Real Estateome Fund) Business Description

Traded in Other Exchanges
N/A
Address
201 King of Prussia Road, Suite 600, Radnor, PA, USA, 19087
CBRE Clarion Global Real Estate Income Fund is the United States based diversified, closed-end management investment company. Its objective is high current income and its secondary objective is capital appreciation. The fund invests a majority of its total assets in income-producing real estate securities located mainly in the developed markets of North America, Europe, Australia, and Asia. Its portfolio of investments consists of different sectors such as diversified, retail, industrial, residential, hotels, healthcare, and other sectors.
Executives
Jonathan D Miniman other: Portfolio Manager 201 KING OF PRUSSIA RD, SUITE 600, RADNOR PA 19087
Joseph P Smith other: Sr. Dir of Investment Advisor 201 KING OF PRUSSIA RD SUITE 600, RADNOR PA 19087
Asuka Nakahara director 527 GREYSTONE ROAD, MERION PA 19066
T Ritson Ferguson director, officer: President & CEO, other: Pres./CEO; Managing Dir IA 201 KING OF PRUSSIA ROAD, RADNOR PA 19087
Leslie E Greis director C/O CBRE CLARION GLOBAL REAL ESTATE INCO, 201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Kenneth S Weinberg other: Portfolio Manager 201 KING OF PRUSSIA RD, SUITE 600, RADNOR PA 19087
John R Bartholdson director
Heidi Stam director 110 QUAIL STREET, WAYNE PA 19087
Tull Robert Stanley Iii officer: Secretary & CCO 201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Richard L Sutton director 10 BARLEYMILL DRIVE, WILMINGTON DE 10019
Frederick S Hammer director 400 MADISON AVENUE, NEW YORK NY 10017
Jarrett B Kling director 1272 GULPH CREEK DRIVE, RADNOR PA 19087
Citigroup Inc 10 percent owner 388 GREENWICH STREET, NEW YORK NY 10013
Steven D Burton other: Sr. Dir of Investment Advisor 423 ROUND HILL RD, ST DAVIDS PA 19087
Kenneth Campbell other: Portfolio Mgr; Managing Dir IA 1419 LANES END, VILLINOVA PA 19085

CBRE Clarion Global Real Estateome Fund (CBRE Clarion Global Real Estateome Fund) Headlines