ADPAJ (Adelphia Recovery Trust) Return-on-Tangible-Asset: -3.10% (As of Jun. 2015)


What is Adelphia Recovery Trust Return-on-Tangible-Asset?

Adelphia Recovery Trust ADPAJ Return-on-Tangible-Asset is -3.10% as of Jun. 2015.

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. Adelphia Recovery Trust's annualized Net Income for the quarter that ended in Jun. 2015 was $-1.29 Mil. Adelphia Recovery Trust's average total tangible assets for the quarter that ended in Jun. 2015 was $41.65 Mil. Therefore, Adelphia Recovery Trust's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2015 was -3.10%.

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

ADPAJ's Return-on-Tangible-Asset is not ranked *
in the Business Services industry.
Industry Median: 3.9
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Adelphia Recovery Trust  (OTCPK:ADPAJ) 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.


Adelphia Recovery Trust Return-on-Tangible-Asset Related Terms


Adelphia Recovery Trust Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Adelphia Recovery Trust'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.

Adelphia Recovery Trust Return-on-Tangible-Asset Chart

Adelphia Recovery Trust Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Return-on-Tangible-Asset
Get a 7-Day Free Trial 105.17 -12.69 40.38 -3.67 -3.61

Adelphia Recovery Trust 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 -2.41 -2.65 -3.12 -6.57 -3.10

ADPAJ vs WODI, BMMCF: Return-on-Tangible-Asset Comparison

For the Specialty Business Services subindustry, Adelphia Recovery Trust'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.


Adelphia Recovery Trust Return-on-Tangible-Asset vs Business Services Industry

For the Business Services industry and Industrials sector, Adelphia Recovery Trust's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Adelphia Recovery Trust's Return-on-Tangible-Asset falls into.



Adelphia Recovery Trust Return-on-Tangible-Asset Calculation

Adelphia Recovery Trust's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2014 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2014 )  (A: Dec. 2013 )(A: Dec. 2014 )
=-1.563/( (44.059+42.51)/ 2 )
=-1.563/43.2845
=-3.61 %

Adelphia Recovery Trust'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 )
=-1.292/( (41.824+41.485)/ 2 )
=-1.292/41.6545
=-3.10 %

* 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.

What does a Return-on-Tangible-Asset of -3.10% mean?
Adelphia Recovery Trust (ADPAJ) has a Return-on-Tangible-Asset of -3.10% as of Jun. 2015. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Adelphia Recovery Trust and its competitors.
Is Adelphia Recovery Trust's Return-on-Tangible-Asset too high?
Adelphia Recovery Trust's current Return-on-Tangible-Asset is -3.10%.
How does Adelphia Recovery Trust's Return-on-Tangible-Asset compare to WODI and BMMCF?
Adelphia Recovery Trust's Return-on-Tangible-Asset of -3.10% can be compared against companies in the Business Services industry. The industry median Return-on-Tangible-Asset is 3.90. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for a Business Services company?
The median Return-on-Tangible-Asset among Business Services companies is 3.90, based on 1,094 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Adelphia Recovery Trust and its competitors. For the Business Services industry, the median Return-on-Tangible-Asset is 3.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adelphia Recovery Trust's current Return-on-Tangible-Asset is -3.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adelphia Recovery Trust stock overvalued right now?
Adelphia Recovery Trust (ADPAJ) has a current Return-on-Tangible-Asset of -3.10%. The current Return-on-Tangible-Asset is -3.10%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Adelphia Recovery Trust (ADPAJ), the current Return-on-Tangible-Asset is -3.10% as of Jun. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Adelphia Recovery Trust Business Description

Address 919 North Market Street, 17th Floor, P.O. Box 8705, Wilmington, DE, USA, 19899
Adelphia Recovery Trust is a statutory trust. The company's purpose is to prosecute the various causes of action transferred, pursuant to the plan and distribute to the owners of the interests in the company the net proceeds of such causes of action. Geographically, the activities are carried out through the region of United States.