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CBRE Clarion Global Real Estateome Fund (CBRE Clarion Global Real Estateome Fund) ROA % : 15.57% (As of Dec. 2023)


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What is CBRE Clarion Global Real Estateome Fund ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. 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 Total Assets over the quarter that ended in Dec. 2023 was $1,172.4 Mil. Therefore, CBRE Clarion Global Real Estateome Fund's annualized ROA % for the quarter that ended in Dec. 2023 was 15.57%.

The historical rank and industry rank for CBRE Clarion Global Real Estateome Fund's ROA % or its related term are showing as below:

IGR' s ROA % Range Over the Past 10 Years
Min: -30.63   Med: 8.93   Max: 24.73
Current: 9.81

During the past 7 years, CBRE Clarion Global Real Estateome Fund's highest ROA % was 24.73%. The lowest was -30.63%. And the median was 8.93%.

IGR's ROA % is ranked better than
79.8% of 1713 companies
in the Asset Management industry
Industry Median: 2.89 vs IGR: 9.81

CBRE Clarion Global Real Estateome Fund ROA % Historical Data

The historical data trend for CBRE Clarion Global Real Estateome Fund's ROA % 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 ROA % Chart

CBRE Clarion Global Real Estateome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial 20.18 -1.43 24.73 -30.63 10.00

CBRE Clarion Global Real Estateome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 21.45 -46.60 -13.72 3.68 15.57

Competitive Comparison of CBRE Clarion Global Real Estateome Fund's ROA %

For the Asset Management subindustry, CBRE Clarion Global Real Estateome Fund's ROA %, along with its competitors' market caps and ROA % 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 ROA % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CBRE Clarion Global Real Estateome Fund's ROA % distribution charts can be found below:

* The bar in red indicates where CBRE Clarion Global Real Estateome Fund's ROA % falls into.



CBRE Clarion Global Real Estateome Fund ROA % Calculation

CBRE Clarion Global Real Estateome Fund's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=112.14/( (1083.967+1159.907)/ 2 )
=112.14/1121.937
=10.00 %

CBRE Clarion Global Real Estateome Fund's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=182.504/( (1184.845+1159.907)/ 2 )
=182.504/1172.376
=15.57 %

* 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 ROA %, the net income of the last fiscal year and the average total assets 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. ROA % is displayed in the 30-year financial page.


CBRE Clarion Global Real Estateome Fund  (NYSE:IGR) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2023 )
=Net Income/Total Assets
=182.504/1172.376
=(Net Income / Revenue)*(Revenue / Total Assets)
=(182.504 / 183.964)*(183.964 / 1172.376)
=Net Margin %*Asset Turnover
=99.21 %*0.1569
=15.57 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (Dec. 2023) revenue 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.


Be Aware

Like ROE, ROA % 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. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


CBRE Clarion Global Real Estateome Fund ROA % 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

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