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Integrated Silicon Solution (Integrated Silicon Solution) Return-on-Tangible-Asset : 0.02% (As of Jun. 2015)


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What is Integrated Silicon Solution 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. Integrated Silicon Solution's annualized Net Income for the quarter that ended in Jun. 2015 was $0.1 Mil. Integrated Silicon Solution's average total tangible assets for the quarter that ended in Jun. 2015 was $383.1 Mil. Therefore, Integrated Silicon Solution's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2015 was 0.02%.

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

ISSI's Return-on-Tangible-Asset is not ranked *
in the Semiconductors industry.
Industry Median: 2.56
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Integrated Silicon Solution Return-on-Tangible-Asset Historical Data

The historical data trend for Integrated Silicon Solution'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.

Integrated Silicon Solution Return-on-Tangible-Asset Chart

Integrated Silicon Solution Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.65 22.25 -0.95 5.45 6.47

Integrated Silicon Solution Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 6.90 3.06 3.43 1.20 0.02

Competitive Comparison of Integrated Silicon Solution's Return-on-Tangible-Asset

For the Semiconductors subindustry, Integrated Silicon Solution'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.


Integrated Silicon Solution's Return-on-Tangible-Asset Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Integrated Silicon Solution's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Integrated Silicon Solution's Return-on-Tangible-Asset falls into.



Integrated Silicon Solution Return-on-Tangible-Asset Calculation

Integrated Silicon Solution's annualized Return-on-Tangible-Asset for the fiscal year that ended in Sep. 2014 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Sep. 2014 )  (A: Sep. 2013 )(A: Sep. 2014 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Sep. 2014 )  (A: Sep. 2013 )(A: Sep. 2014 )
=23.265/( (344.063+375.427)/ 2 )
=23.265/359.745
=6.47 %

Integrated Silicon Solution's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2015 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2015 )  (Q: Mar. 2015 )(Q: Jun. 2015 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2015 )  (Q: Mar. 2015 )(Q: Jun. 2015 )
=0.064/( (374.043+392.136)/ 2 )
=0.064/383.0895
=0.02 %

* 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. 2015) net income data.


Integrated Silicon Solution  (NAS:ISSI) 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.


Integrated Silicon Solution Return-on-Tangible-Asset Related Terms

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Integrated Silicon Solution (Integrated Silicon Solution) Business Description

Traded in Other Exchanges
N/A
Address
Integrated Silicon Solution Inc, a Delaware corporation incorporated in October 27,1988. It is a fabless semiconductor company that designs and markets high performance integrated circuits for the automotive; communications; industrial, medical and military; and digital consumer markets. Its main products are low and medium density DRAM and high speed and low power SRAM. In particular, the Company's SRAM products are used in WLANs, cell phones, base stations, networking switches and routers, fiber to the home, DSL modems, LCD TVs, set-top boxes, GPS systems, instrumentation, engine control systems, medical equipment, telematics, audio and video equipment, satellite radio, POS terminals, fax machines, copiers, tape drives, and other applications. The Company's low and medium density DRAM products are used in WLANs, base stations, networking switches and routers, FTTH, DSL and cable modems, set top boxes, digital cameras, MP3, flat panel TVs, LCD TVs, HDTVs, video phones, voice over internet protocol, printers, disk drives, tape drives, audio/video equipment, instrumentation, GPS, telematics, infotainment, smart meters and other applications. In the low to medium density DRAM area, the Company competes with Elpida, Hynix, Micron, Nanya, Oki, Samsung and Winbond. In addition, there are several fabless Taiwanese companies that are competitors, including ESMT and Etron. In the analog market, the Company's main competitors include AMS, IWatt, Linear Technology, Maxim Integrated Products, MaxLinear, Microsemi and NXP Semiconductors. The Company outsources its manufacturing operations, including wafer fabrication, assembly and testing. The Company is subject to federal, state and local regulations relating to the use, handling, storage, disposal and human exposure to hazardous and toxic materials.
Executives
John Cobb officer: CFO C/O ISSI, 1940 ZANKER ROAD, SAN JOSE CA 95112
Starboard Value Gp Llc 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value R Gp Llc 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value R Lp 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value & Opportunity C Lp 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Cathal G Phelan 10 percent owner, other: See Explanation of Responses 400 FAIRVIEW AVENUE NORTH, SUITE 1200, SEATTLE WA 98109
Edward Terino 10 percent owner, other: See Explanation of Responses 17 CANTERBURY ROAD, WINDHAM NH 03087
Starboard Value & Opportunity S Llc 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Principal Co Gp Llc 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Principal Co Lp 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value Lp 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Mark R Mitchell 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Oliver Press Investors, Llc 10 percent owner, other: See Explanation of Responses 152 WEST 57TH STREET NEW YORK NY 10019
Augustus K Oliver 10 percent owner, other: See Explanation of Responses C/O CORPORATE SECRETARY SCHOLASTIC CORP, 557 BROADWAY, NEW YORK NY 10012
Starboard Value & Opportunity Master Fund Ltd 10 percent owner, other: See Footnote 1 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017