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Walker Innovation (FRA:G7OA) Return-on-Tangible-Asset : -8.56% (As of Jun. 2018)


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What is Walker Innovation 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. Walker Innovation's annualized Net Income for the quarter that ended in Jun. 2018 was €-1.62 Mil. Walker Innovation's average total tangible assets for the quarter that ended in Jun. 2018 was €18.98 Mil. Therefore, Walker Innovation's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2018 was -8.56%.

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

FRA:G7OA' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -97.2   Med: -15.01   Max: 132.19
Current: -9.22

During the past 13 years, Walker Innovation's highest Return-on-Tangible-Asset was 132.19%. The lowest was -97.20%. And the median was -15.01%.

FRA:G7OA's Return-on-Tangible-Asset is not ranked
in the Business Services industry.
Industry Median: 4.09 vs FRA:G7OA: -9.22

Walker Innovation Return-on-Tangible-Asset Historical Data

The historical data trend for Walker Innovation'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.

Walker Innovation Return-on-Tangible-Asset Chart

Walker Innovation Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -96.61 -79.87 -91.02 99.58 -3.37

Walker Innovation Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 22.44 -6.84 -11.87 -10.14 -8.56

Competitive Comparison of Walker Innovation's Return-on-Tangible-Asset

For the Specialty Business Services subindustry, Walker Innovation'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.


Walker Innovation's Return-on-Tangible-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Walker Innovation's Return-on-Tangible-Asset distribution charts can be found below:

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



Walker Innovation Return-on-Tangible-Asset Calculation

Walker Innovation's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2017 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2017 )  (A: Dec. 2016 )(A: Dec. 2017 )
=-0.753/( (24.257+20.397)/ 2 )
=-0.753/22.327
=-3.37 %

Walker Innovation's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2018 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2018 )  (Q: Mar. 2018 )(Q: Jun. 2018 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2018 )  (Q: Mar. 2018 )(Q: Jun. 2018 )
=-1.624/( (18.981+0)/ 1 )
=-1.624/18.981
=-8.56 %

* 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 (Jun. 2018) net income data.


Walker Innovation  (FRA:G7OA) 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.


Walker Innovation Return-on-Tangible-Asset Related Terms

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Walker Innovation (FRA:G7OA) Business Description

Traded in Other Exchanges
N/A
Address
Walker Innovation Inc through its subsidiaries develops, licenses and otherwise enforces patented technologies. The company has two primary segments of the business, Licensing and Enforcement business, and Innovation Business. Through. Licensing and Enforcement business, it seeks to develop, license and otherwise enforce patented technologies through its wholly-owned subsidiaries. Through Innovation business, it focuses on helping companies innovate more effectively and efficiently. It generates most of its revenues from Licensing and Enforcement business.

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