ATNPQ (Atlantis Technology Group) Return-on-Tangible-Asset: 0.00% (As of Sep. 2008)

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What is Atlantis Technology Group Return-on-Tangible-Asset?

Atlantis Technology Group ATNPQ -90.00% Return-on-Tangible-Asset is 0.00% as of Sep. 2008.

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. Atlantis Technology Group's annualized Net Income for the quarter that ended in Sep. 2008 was $0.26 Mil. Atlantis Technology Group's average total tangible assets for the quarter that ended in Sep. 2008 was $0.00 Mil. Therefore, Atlantis Technology Group's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2008 was 0.00%.

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

ATNPQ's Return-on-Tangible-Asset is not ranked *
in the Credit Services industry.
Industry Median: 1.92
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Atlantis Technology Group  (OTCPK:ATNPQ) 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.


Atlantis Technology Group Return-on-Tangible-Asset Related Terms


Atlantis Technology Group Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Atlantis Technology Group'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.

Atlantis Technology Group Return-on-Tangible-Asset Chart

Atlantis Technology Group Annual Data
Trend Mar98 Mar99 Mar00 Mar01 Mar02 Mar03 Mar04 Dec05 Dec06 Dec07
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -388.64 -8,411.97 -475.95 -27,228.57

Atlantis Technology Group Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 -10,586.67 -134,800.00 -1,200.00 -910,400.00 0.00

ATNPQ vs JGWE, IEGH, MITJF: Return-on-Tangible-Asset Comparison

For the Credit Services subindustry, Atlantis Technology Group'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.


Atlantis Technology Group Return-on-Tangible-Asset vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Atlantis Technology Group's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Atlantis Technology Group's Return-on-Tangible-Asset falls into.



Atlantis Technology Group Return-on-Tangible-Asset Calculation

Atlantis Technology Group's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2007 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2007 )  (A: Dec. 2006 )(A: Dec. 2007 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2007 )  (A: Dec. 2006 )(A: Dec. 2007 )
=-0.953/( (0.006+0.001)/ 2 )
=-0.953/0.0035
=-27,228.57 %

Atlantis Technology Group's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2008 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2008 )  (Q: Jun. 2008 )(Q: Sep. 2008 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2008 )  (Q: Jun. 2008 )(Q: Sep. 2008 )
=0.264/( (0+0)/ 1 )
=0.264/0
=N/A %

* 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 (Sep. 2008) net income data.

What does a Return-on-Tangible-Asset of 0.00% mean?
Atlantis Technology Group (ATNPQ) has a Return-on-Tangible-Asset of 0.00% as of Sep. 2008. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Atlantis Technology Group and its competitors.
Is Atlantis Technology Group's Return-on-Tangible-Asset too high?
Atlantis Technology Group's current Return-on-Tangible-Asset is 0.00%.
How does Atlantis Technology Group's Return-on-Tangible-Asset compare to JGWE and IEGH?
Atlantis Technology Group's Return-on-Tangible-Asset of 0.00% can be compared against companies in the Credit Services industry. The industry median Return-on-Tangible-Asset is 1.92. 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 Credit Services company?
The median Return-on-Tangible-Asset among Credit Services companies is 1.92, based on 545 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 Atlantis Technology Group and its competitors. For the Credit Services industry, the median Return-on-Tangible-Asset is 1.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Atlantis Technology Group's current Return-on-Tangible-Asset is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Atlantis Technology Group stock overvalued right now?
Atlantis Technology Group (ATNPQ) has a current Return-on-Tangible-Asset of 0.00%. The current Return-on-Tangible-Asset is 0.00%. 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 Atlantis Technology Group (ATNPQ), the current Return-on-Tangible-Asset is 0.00% as of Sep. 2008. 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.

Atlantis Technology Group Business Description

Address 2320 North East 9th Street, Fort Lauderdale, FL, USA, 33304
Atlantis Technology Group is a holding company primarily engaged in providing capital to technology-related companies.