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Image Metrics (Image Metrics) Return-on-Tangible-Asset : -1,759.29% (As of Sep. 2011)


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What is Image Metrics 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. Image Metrics's annualized Net Income for the quarter that ended in Sep. 2011 was $-7.91 Mil. Image Metrics's average total tangible assets for the quarter that ended in Sep. 2011 was $0.45 Mil. Therefore, Image Metrics's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2011 was -1,759.29%.

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

IMGX's Return-on-Tangible-Asset is not ranked *
in the Interactive Media industry.
Industry Median: -2.765
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Image Metrics Return-on-Tangible-Asset Historical Data

The historical data trend for Image Metrics'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.

Image Metrics Return-on-Tangible-Asset Chart

Image Metrics Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Sep10 Sep11
Return-on-Tangible-Asset
Get a 7-Day Free Trial -212.50 -312.00 -1,857.14 -1,913.58 2.62

Image Metrics Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 -174.67 -973.53 261.73 1,491.88 -1,759.29

Competitive Comparison of Image Metrics's Return-on-Tangible-Asset

For the Electronic Gaming & Multimedia subindustry, Image Metrics'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.


Image Metrics's Return-on-Tangible-Asset Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Image Metrics's Return-on-Tangible-Asset distribution charts can be found below:

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



Image Metrics Return-on-Tangible-Asset Calculation

Image Metrics's annualized Return-on-Tangible-Asset for the fiscal year that ended in Sep. 2011 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Sep. 2011 )  (A: Sep. 2010 )(A: Sep. 2011 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Sep. 2011 )  (A: Sep. 2010 )(A: Sep. 2011 )
=0.019/( (1.008+0.44)/ 2 )
=0.019/0.724
=2.62 %

Image Metrics's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2011 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2011 )  (Q: Jun. 2011 )(Q: Sep. 2011 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2011 )  (Q: Jun. 2011 )(Q: Sep. 2011 )
=-7.908/( (0.459+0.44)/ 2 )
=-7.908/0.4495
=-1,759.29 %

* 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 (Sep. 2011) net income data.


Image Metrics  (OTCPK:IMGX) 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.


Image Metrics Return-on-Tangible-Asset Related Terms

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Image Metrics (Image Metrics) Business Description

Traded in Other Exchanges
N/A
Address
29 Nevada Street, El Segundo, CA, USA, 90405
Image Metrics Inc is engaged in the business of providing technology-based facial animation solutions to the interactive entertainment industry.

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