BRGS (Barrister Global Services Network) Return-on-Tangible-Asset: -23.05% (As of Jun. 2003)

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What is Barrister Global Services Network Return-on-Tangible-Asset?

Barrister Global Services Network BRGS Return-on-Tangible-Asset is -23.05% as of Jun. 2003.

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. Barrister Global Services Network's annualized Net Income for the quarter that ended in Jun. 2003 was $-1.27 Mil. Barrister Global Services Network's average total tangible assets for the quarter that ended in Jun. 2003 was $5.52 Mil. Therefore, Barrister Global Services Network's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2003 was -23.05%.

The historical rank and industry rank for Barrister Global Services Network's Return-on-Tangible-Asset or its related term are showing as below:

BRGS's Return-on-Tangible-Asset is not ranked *
in the Software industry.
Industry Median: 2.04
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Barrister Global Services Network  (GREY:BRGS) 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.


Barrister Global Services Network Return-on-Tangible-Asset Related Terms


Barrister Global Services Network Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Barrister Global Services Network'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.

Barrister Global Services Network Return-on-Tangible-Asset Chart

Barrister Global Services Network Annual Data
Trend Mar93 Mar94 Mar95 Mar97 Mar98 Mar99 Mar00 Mar01 Mar02 Mar03
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 -9.83 23.68 -14.57 -6.59

Barrister Global Services Network Quarterly Data
Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03
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 6.67 1.25 -2.95 -36.64 -23.05

BRGS vs FCCN, IMCI, AKRFF: Return-on-Tangible-Asset Comparison

For the Information Technology Services subindustry, Barrister Global Services Network'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.


Barrister Global Services Network Return-on-Tangible-Asset vs Software Industry

For the Software industry and Technology sector, Barrister Global Services Network's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Barrister Global Services Network's Return-on-Tangible-Asset falls into.



Barrister Global Services Network Return-on-Tangible-Asset Calculation

Barrister Global Services Network's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2003 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2003 )  (A: Mar. 2002 )(A: Mar. 2003 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2003 )  (A: Mar. 2002 )(A: Mar. 2003 )
=-0.423/( (7.136+5.707)/ 2 )
=-0.423/6.4215
=-6.59 %

Barrister Global Services Network's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2003 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2003 )  (Q: Mar. 2003 )(Q: Jun. 2003 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2003 )  (Q: Mar. 2003 )(Q: Jun. 2003 )
=-1.272/( (5.707+5.331)/ 2 )
=-1.272/5.519
=-23.05 %

* 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. 2003) net income data.

What does a Return-on-Tangible-Asset of -23.05% mean?
Barrister Global Services Network (BRGS) has a Return-on-Tangible-Asset of -23.05% as of Jun. 2003. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Barrister Global Services Network and its competitors.
Is Barrister Global Services Network's Return-on-Tangible-Asset too high?
Barrister Global Services Network's current Return-on-Tangible-Asset is -23.05%.
How does Barrister Global Services Network's Return-on-Tangible-Asset compare to FCCN and IMCI?
Barrister Global Services Network's Return-on-Tangible-Asset of -23.05% can be compared against companies in the Software industry. The industry median Return-on-Tangible-Asset is 2.04. 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 Software company?
The median Return-on-Tangible-Asset among Software companies is 2.04, based on 2,885 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 Barrister Global Services Network and its competitors. For the Software industry, the median Return-on-Tangible-Asset is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barrister Global Services Network's current Return-on-Tangible-Asset is -23.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barrister Global Services Network stock overvalued right now?
Barrister Global Services Network (BRGS) has a current Return-on-Tangible-Asset of -23.05%. The current Return-on-Tangible-Asset is -23.05%. 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 Barrister Global Services Network (BRGS), the current Return-on-Tangible-Asset is -23.05% as of Jun. 2003. 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.

Barrister Global Services Network Business Description

Address 186 Exchange Street, Buffalo, NY, USA, 14204
Barrister Global Services Network Inc provides multi-vendor IT services to resolve client/server hardware issues. It has customers in commercial and consumer markets through direct and indirect channels. The company provides IT life-cycle services, Helpdesk support services, Enterprise mobility, Staff augmentation, Cloud solutions, Back office processing, and software development.