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Stereo Vision Entertainment (Stereo Vision Entertainment) ROA % : -122.35% (As of Mar. 2010)


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What is Stereo Vision Entertainment ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Stereo Vision Entertainment's annualized Net Income for the quarter that ended in Mar. 2010 was $-0.57 Mil. Stereo Vision Entertainment's average Total Assets over the quarter that ended in Mar. 2010 was $0.47 Mil. Therefore, Stereo Vision Entertainment's annualized ROA % for the quarter that ended in Mar. 2010 was -122.35%.

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

SVSN's ROA % is not ranked *
in the Media - Diversified industry.
Industry Median: 0.85
* Ranked among companies with meaningful ROA % only.

Stereo Vision Entertainment ROA % Historical Data

The historical data trend for Stereo Vision 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.

Stereo Vision Entertainment ROA % Chart

Stereo Vision Entertainment Annual Data
Trend Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -11,109.09 -2,705.56 -47.06 -439.21 -101.75

Stereo Vision Entertainment Quarterly Data
Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10
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 -121.56 -139.09 -145.53 -107.05 -122.35

Competitive Comparison of Stereo Vision Entertainment's ROA %

For the Entertainment subindustry, Stereo Vision 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.


Stereo Vision Entertainment's ROA % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Stereo Vision Entertainment's ROA % distribution charts can be found below:

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



Stereo Vision Entertainment ROA % Calculation

Stereo Vision Entertainment's annualized ROA % for the fiscal year that ended in Jun. 2009 is calculated as:

ROA %=Net Income (A: Jun. 2009 )/( (Total Assets (A: Jun. 2008 )+Total Assets (A: Jun. 2009 ))/ count )
=-0.465/( (0.432+0.482)/ 2 )
=-0.465/0.457
=-101.75 %

Stereo Vision Entertainment's annualized ROA % for the quarter that ended in Mar. 2010 is calculated as:

ROA %=Net Income (Q: Mar. 2010 )/( (Total Assets (Q: Dec. 2009 )+Total Assets (Q: Mar. 2010 ))/ count )
=-0.572/( (0.473+0.462)/ 2 )
=-0.572/0.4675
=-122.35 %

* 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 (Mar. 2010) net income data. ROA % is displayed in the 30-year financial page.


Stereo Vision Entertainment  (OTCPK:SVSN) 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: Mar. 2010 )
=Net Income/Total Assets
=-0.572/0.4675
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.572 / 0)*(0 / 0.4675)
=Net Margin %*Asset Turnover
=N/A %*0
=-122.35 %

Note: The Net Income data used here is four times the quarterly (Mar. 2010) net income data. The Revenue data used here is four times the quarterly (Mar. 2010) 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.


Stereo Vision Entertainment ROA % Related Terms

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Stereo Vision Entertainment (Stereo Vision Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
601 East Charleston Boulevard, Studio 100, Las Vegas, NV, USA, 89104
Stereo Vision Entertainment Inc is a company utilizing its award-winning team of industry professionals in the areas of Ecological Restoration and Preservation and family friendly multimedia content creation and distribution. The Company owns several movie properties that it seeks to film for distribution in theaters and through other media, including DVD's, and streaming.
Executives
Theodore P Botts director, officer: CFO C/O HSW INTERNATIONAL, INC., 3350 PEACHTREE ROAD, SUITE 1600, ATLANTA GA 30326