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Color Imaging (Color Imaging) Return-on-Tangible-Asset : 10.17% (As of Jun. 2005)


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What is Color Imaging 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. Color Imaging's annualized Net Income for the quarter that ended in Jun. 2005 was $1.76 Mil. Color Imaging's average total tangible assets for the quarter that ended in Jun. 2005 was $17.34 Mil. Therefore, Color Imaging's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2005 was 10.17%.

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

CIIG's Return-on-Tangible-Asset is not ranked *
in the Industrial Products industry.
Industry Median: 3.77
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Color Imaging Return-on-Tangible-Asset Historical Data

The historical data trend for Color Imaging'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.

Color Imaging Return-on-Tangible-Asset Chart

Color Imaging Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04
Return-on-Tangible-Asset
Get a 7-Day Free Trial -3.87 0.25 0.94 2.55 2.68

Color Imaging Quarterly Data
Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05
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 4.38 2.36 1.33 5.27 10.17

Competitive Comparison of Color Imaging's Return-on-Tangible-Asset

For the Business Equipment & Supplies subindustry, Color Imaging'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.


Color Imaging's Return-on-Tangible-Asset Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Color Imaging's Return-on-Tangible-Asset distribution charts can be found below:

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



Color Imaging Return-on-Tangible-Asset Calculation

Color Imaging's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2004 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2004 )  (A: Dec. 2003 )(A: Dec. 2004 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2004 )  (A: Dec. 2003 )(A: Dec. 2004 )
=0.464/( (17.895+16.696)/ 2 )
=0.464/17.2955
=2.68 %

Color Imaging's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2005 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2005 )  (Q: Mar. 2005 )(Q: Jun. 2005 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2005 )  (Q: Mar. 2005 )(Q: Jun. 2005 )
=1.764/( (16.84+17.846)/ 2 )
=1.764/17.343
=10.17 %

* 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. 2005) net income data.


Color Imaging  (OTCPK:CIIG) 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.


Color Imaging Return-on-Tangible-Asset Related Terms

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Color Imaging (Color Imaging) Business Description

Traded in Other Exchanges
N/A
Address
4350 Peachtree Industrial Boulevard, Suite 100, Norcross, GA, USA, 30071
Color Imaging Inc designs, develops, manufactures and markets products used in electronic photocopying and printing, including black text, specialty, full color and MICR and supplies other consumable products, including imaging drums.

Color Imaging (Color Imaging) Headlines