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Mogul Energy International (Mogul Energy International) Return-on-Tangible-Asset : -8.83% (As of Jun. 2012)


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What is Mogul Energy International 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. Mogul Energy International's annualized Net Income for the quarter that ended in Jun. 2012 was $-0.08 Mil. Mogul Energy International's average total tangible assets for the quarter that ended in Jun. 2012 was $0.91 Mil. Therefore, Mogul Energy International's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2012 was -8.83%.

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

MGUY's Return-on-Tangible-Asset is not ranked *
in the Transportation industry.
Industry Median: 4.045
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Mogul Energy International Return-on-Tangible-Asset Historical Data

The historical data trend for Mogul Energy International'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.

Mogul Energy International Return-on-Tangible-Asset Chart

Mogul Energy International Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Return-on-Tangible-Asset
Get a 7-Day Free Trial -125.45 -90.45 -33.66 -93.55 -144.63

Mogul Energy International Quarterly Data
Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12
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 -284.99 -148.66 -111.68 -122.80 -8.83

Competitive Comparison of Mogul Energy International's Return-on-Tangible-Asset

For the Trucking subindustry, Mogul Energy International'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.


Mogul Energy International's Return-on-Tangible-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Mogul Energy International's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Mogul Energy International's Return-on-Tangible-Asset falls into.



Mogul Energy International Return-on-Tangible-Asset Calculation

Mogul Energy International's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2011 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=-1.024/( (0.377+1.039)/ 2 )
=-1.024/0.708
=-144.63 %

Mogul Energy International's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2012 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2012 )  (Q: Mar. 2012 )(Q: Jun. 2012 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2012 )  (Q: Mar. 2012 )(Q: Jun. 2012 )
=-0.08/( (0.733+1.078)/ 2 )
=-0.08/0.9055
=-8.83 %

* 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. 2012) net income data.


Mogul Energy International  (OTCPK:MGUY) 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.


Mogul Energy International Return-on-Tangible-Asset Related Terms

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Mogul Energy International (Mogul Energy International) Business Description

Traded in Other Exchanges
N/A
Address
3400 NW 74th Avenue, Miami, FL, USA, 33122
Mogul Energy International Inc through its subsidiary is engaged in providing refrigerated trucking and logistics services to companies in floral, plant, food, and other industries that require specialization in time-sensitive, temperature control segments of the supply chain.

Mogul Energy International (Mogul Energy International) Headlines