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Champion Industries (Champion Industries) Return-on-Tangible-Asset : -1.54% (As of Apr. 2016)


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What is Champion Industries 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. Champion Industries's annualized Net Income for the quarter that ended in Apr. 2016 was $-0.32 Mil. Champion Industries's average total tangible assets for the quarter that ended in Apr. 2016 was $21.01 Mil. Therefore, Champion Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2016 was -1.54%.

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

CHMP's Return-on-Tangible-Asset is not ranked *
in the Industrial Products industry.
Industry Median: 3.88
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Champion Industries Return-on-Tangible-Asset Historical Data

The historical data trend for Champion Industries'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.

Champion Industries Return-on-Tangible-Asset Chart

Champion Industries Annual Data
Trend Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.50 -44.98 16.79 -4.86 -5.64

Champion Industries Quarterly Data
Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.89 -12.24 -2.31 -5.23 -1.54

Competitive Comparison of Champion Industries's Return-on-Tangible-Asset

For the Business Equipment & Supplies subindustry, Champion Industries'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.


Champion Industries's Return-on-Tangible-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Champion Industries's Return-on-Tangible-Asset distribution charts can be found below:

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



Champion Industries Return-on-Tangible-Asset Calculation

Champion Industries's annualized Return-on-Tangible-Asset for the fiscal year that ended in Oct. 2015 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Oct. 2015 )  (A: Oct. 2014 )(A: Oct. 2015 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Oct. 2015 )  (A: Oct. 2014 )(A: Oct. 2015 )
=-1.191/( (21.598+20.639)/ 2 )
=-1.191/21.1185
=-5.64 %

Champion Industries's annualized Return-on-Tangible-Asset for the quarter that ended in Apr. 2016 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Apr. 2016 )  (Q: Jan. 2016 )(Q: Apr. 2016 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Apr. 2016 )  (Q: Jan. 2016 )(Q: Apr. 2016 )
=-0.324/( (20.641+21.386)/ 2 )
=-0.324/21.0135
=-1.54 %

* 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 (Apr. 2016) net income data.


Champion Industries  (OTCPK:CHMP) 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.


Champion Industries Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Champion Industries's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Champion Industries (Champion Industries) Business Description

Traded in Other Exchanges
N/A
Address
2450 First Avenue, P.O. Box 2968, Huntington, WV, USA, 25728
Champion Industries Inc is a commercial printer, business form manufacturer, and supplier of office products and office furniture. The company operates principally in two industry segments organized on the basis of product lines: Printing segment and Office Products and Furniture segment. The Printing segment comprises the production, printing and sale, printed materials including brochures, pamphlets, reports, tags, continuous and other forms principally to commercial customers. The Office Product and Furniture segment are engaged in the sale of office products and office furniture including interior design services. Printing segment is the major revenue contributor to the company.
Executives
Philip E Cline director P O BOX 119 HUNTINGTON WV 25706-0119
Marshall T Reynolds director, 10 percent owner, officer: Chairman/Chief Exec. Officer 2450 FIRST AVENUE, HUNTINGTON WV 25704
Toney K Adkins officer: President and COO ROUTE 1 BOX 622 GENOA WV 25517
Todd R Fry officer: Sen.Vice Pres./Chief Fin. Off. CHAMPION INDUSTRIES, P O BOX 2968, HUNTINGTON WV 25728-2968
Mooney Harley F Jr director 1673 WOODVALE DRIVE, CHARLESTON WV 25314
Neal Scaggs director 302 CENTRAL AVENUE, LOGAN WV 25601
Wilcox Glenn W Sr director ONE WEST PACK SQUARE SUITE 1700, ASHEVILLE NC 28801

Champion Industries (Champion Industries) Headlines