GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Bebida Beverage Co (GREY:BBDA) » Definitions » Return-on-Tangible-Asset

Bebida Beverage Co (Bebida Beverage Co) Return-on-Tangible-Asset : 129.42% (As of Sep. 2015)


View and export this data going back to 2003. Start your Free Trial

What is Bebida Beverage Co 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. Bebida Beverage Co's annualized Net Income for the quarter that ended in Sep. 2015 was $0.68 Mil. Bebida Beverage Co's average total tangible assets for the quarter that ended in Sep. 2015 was $0.53 Mil. Therefore, Bebida Beverage Co's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2015 was 129.42%.

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

BBDA's Return-on-Tangible-Asset is not ranked *
in the Beverages - Non-Alcoholic industry.
Industry Median: 6.38
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Bebida Beverage Co Return-on-Tangible-Asset Historical Data

The historical data trend for Bebida Beverage Co'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.

Bebida Beverage Co Return-on-Tangible-Asset Chart

Bebida Beverage Co Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec12 Dec13 Dec14
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only -2,105.00 - 239.89 90.83 23.82

Bebida Beverage Co Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 98.59 3.27 16.15 91.06 129.42

Competitive Comparison of Bebida Beverage Co's Return-on-Tangible-Asset

For the Beverages - Non-Alcoholic subindustry, Bebida Beverage Co'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.


Bebida Beverage Co's Return-on-Tangible-Asset Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Bebida Beverage Co's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Bebida Beverage Co's Return-on-Tangible-Asset falls into.



Bebida Beverage Co Return-on-Tangible-Asset Calculation

Bebida Beverage Co'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 )
=1.032/( (1.22+7.446)/ 2 )
=1.032/4.333
=23.82 %

Bebida Beverage Co's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2015 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2015 )  (Q: Jun. 2015 )(Q: Sep. 2015 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2015 )  (Q: Jun. 2015 )(Q: Sep. 2015 )
=0.684/( (0.481+0.576)/ 2 )
=0.684/0.5285
=129.42 %

* 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. 2015) net income data.


Bebida Beverage Co  (GREY:BBDA) 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.


Bebida Beverage Co Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Bebida Beverage Co's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Bebida Beverage Co (Bebida Beverage Co) Business Description

Traded in Other Exchanges
N/A
Address
125 F Trade Court, Suite 9, Mooresville, NC, USA, 28117
Bebida Beverage Co develops, manufactures, and markets functional drinks and shots.

Bebida Beverage Co (Bebida Beverage Co) Headlines

No Headlines