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Imagine Un (ASX:IUL) Return-on-Tangible-Asset : 0.00% (As of Jun. 2009)


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What is Imagine Un 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. Imagine Un's annualized Net Income for the quarter that ended in Jun. 2009 was A$0.00 Mil. Imagine Un's average total tangible assets for the quarter that ended in Jun. 2009 was A$0.32 Mil. Therefore, Imagine Un's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2009 was 0.00%.

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

ASX:IUL's Return-on-Tangible-Asset is not ranked *
in the Software industry.
Industry Median: 1.29
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Imagine Un Return-on-Tangible-Asset Historical Data

The historical data trend for Imagine Un'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.

Imagine Un Return-on-Tangible-Asset Chart

Imagine Un Annual Data
Trend Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.20 -78.25 -119.89 -460.37 -1,434.02

Imagine Un Quarterly Data
Jun97 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Imagine Un's Return-on-Tangible-Asset

For the Software - Application subindustry, Imagine Un'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.


Imagine Un's Return-on-Tangible-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Imagine Un's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Imagine Un's Return-on-Tangible-Asset falls into.



Imagine Un Return-on-Tangible-Asset Calculation

Imagine Un's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2009 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2009 )  (A: Jun. 2008 )(A: Jun. 2009 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2009 )  (A: Jun. 2008 )(A: Jun. 2009 )
=-4.553/( (0.447+0.188)/ 2 )
=-4.553/0.3175
=-1,434.02 %

Imagine Un's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2009 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2009 )  (Q: Jun. 2008 )(Q: Jun. 2009 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2009 )  (Q: Jun. 2008 )(Q: Jun. 2009 )
=0/( (0.447+0.188)/ 2 )
=0/0.3175
=0.00 %

* 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. 2009) net income data.


Imagine Un  (ASX:IUL) 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.


Imagine Un Return-on-Tangible-Asset Related Terms

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Imagine Un (ASX:IUL) Business Description

Industry
Traded in Other Exchanges
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Address
Imagine Un Limited (IUL) provides information technology and distribution services to both residential customers and small and medium sized business. Essential services membership is also available to residential members.

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