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indiePub Entertainment (indiePub Entertainment) ROA % : -40.40% (As of Sep. 2012)


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What is indiePub Entertainment ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. indiePub Entertainment's annualized Net Income for the quarter that ended in Sep. 2012 was $-0.75 Mil. indiePub Entertainment's average Total Assets over the quarter that ended in Sep. 2012 was $1.86 Mil. Therefore, indiePub Entertainment's annualized ROA % for the quarter that ended in Sep. 2012 was -40.40%.

The historical rank and industry rank for indiePub Entertainment's ROA % or its related term are showing as below:

IPUB's ROA % is not ranked *
in the Interactive Media industry.
Industry Median: -1.45
* Ranked among companies with meaningful ROA % only.

indiePub Entertainment ROA % Historical Data

The historical data trend for indiePub Entertainment's ROA % 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.

indiePub Entertainment ROA % Chart

indiePub Entertainment Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
ROA %
Get a 7-Day Free Trial -33.90 -99.37 -34.88 -43.85 -152.18

indiePub Entertainment Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
ROA % 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 -217.55 -594.38 472.01 138.99 -40.40

Competitive Comparison of indiePub Entertainment's ROA %

For the Electronic Gaming & Multimedia subindustry, indiePub Entertainment's ROA %, along with its competitors' market caps and ROA % 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.


indiePub Entertainment's ROA % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, indiePub Entertainment's ROA % distribution charts can be found below:

* The bar in red indicates where indiePub Entertainment's ROA % falls into.



indiePub Entertainment ROA % Calculation

indiePub Entertainment's annualized ROA % for the fiscal year that ended in Dec. 2011 is calculated as:

ROA %=Net Income (A: Dec. 2011 )/( (Total Assets (A: Dec. 2010 )+Total Assets (A: Dec. 2011 ))/ count )
=-25.876/( (31.948+2.059)/ 2 )
=-25.876/17.0035
=-152.18 %

indiePub Entertainment's annualized ROA % for the quarter that ended in Sep. 2012 is calculated as:

ROA %=Net Income (Q: Sep. 2012 )/( (Total Assets (Q: Jun. 2012 )+Total Assets (Q: Sep. 2012 ))/ count )
=-0.752/( (1.779+1.944)/ 2 )
=-0.752/1.8615
=-40.40 %

* 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Sep. 2012) net income data. ROA % is displayed in the 30-year financial page.


indiePub Entertainment  (OTCPK:IPUB) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Sep. 2012 )
=Net Income/Total Assets
=-0.752/1.8615
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.752 / 0.616)*(0.616 / 1.8615)
=Net Margin %*Asset Turnover
=-122.08 %*0.3309
=-40.40 %

Note: The Net Income data used here is four times the quarterly (Sep. 2012) net income data. The Revenue data used here is four times the quarterly (Sep. 2012) revenue data.

* 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.


Be Aware

Like ROE, ROA % 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. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


indiePub Entertainment ROA % Related Terms

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indiePub Entertainment (indiePub Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
11258 Cornell Park Drive, Suite 608, Cincinnati, OH, USA, 45242
indiePub Entertainment Inc is a developer, publisher, and distributor of interactive entertainment software for digital distribution channels.
Executives
David E Smith 10 percent owner 888 LINDA FLORA DRIVE, LOS ANGELES CA 90049
Ray Schaaf director, officer: President & CEO C/O MANDALAY MEDIA, INC., 2121 AVENUE OF THE STARS, LOS ANGELES CA 90067
Jay Wolf director, officer: Secretary 981 LINDA FLORA DRIVE, LOS ANGELES, CA 90049
Barry Regenstein director C/O COMMAND SECURITY CORP., RTE 55 LEXINGTON PARK P.O. BOX 340, LAGRANGEVILLE NY 12540
Drew Larner director 15260 VENTURA BOULEVARD, 20TH FLOOR, SHERMAN OAKS CA 91403
Robert S Ellin 10 percent owner 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES CA 90010
Trinad Capital L.p. 10 percent owner 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES CA 90010
Trinad Management, Llc 10 percent owner 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES DE 90010
Trinad Capital Master Fund Ltd. 10 percent owner 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES CA 90010
Trinad Advisors Ii, Llc 10 percent owner 4751 WILSHIRE BLVD, 3RD FLOOR, LOS ANGELES CA 90010

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