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Enerpulse Technologies (Enerpulse Technologies) Return-on-Tangible-Asset : -228.36% (As of Dec. 2015)


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What is Enerpulse Technologies 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. Enerpulse Technologies's annualized Net Income for the quarter that ended in Dec. 2015 was $-2.50 Mil. Enerpulse Technologies's average total tangible assets for the quarter that ended in Dec. 2015 was $1.09 Mil. Therefore, Enerpulse Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2015 was -228.36%.

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

ENPT's Return-on-Tangible-Asset is not ranked *
in the Vehicles & Parts industry.
Industry Median: 3.615
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Enerpulse Technologies Return-on-Tangible-Asset Historical Data

The historical data trend for Enerpulse Technologies'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.

Enerpulse Technologies Return-on-Tangible-Asset Chart

Enerpulse Technologies Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Return-on-Tangible-Asset
Get a 7-Day Free Trial - -140.25 -270.87 -441.78 -311.43

Enerpulse Technologies Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 -335.86 33.19 -236.28 -100.09 -228.36

Competitive Comparison of Enerpulse Technologies's Return-on-Tangible-Asset

For the Auto Parts subindustry, Enerpulse Technologies'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.


Enerpulse Technologies's Return-on-Tangible-Asset Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Enerpulse Technologies's Return-on-Tangible-Asset distribution charts can be found below:

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



Enerpulse Technologies Return-on-Tangible-Asset Calculation

Enerpulse Technologies's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2015 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2015 )  (A: Dec. 2014 )(A: Dec. 2015 )
=-2.37/( (0.743+0.779)/ 2 )
=-2.37/0.761
=-311.43 %

Enerpulse Technologies's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2015 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2015 )  (Q: Sep. 2015 )(Q: Dec. 2015 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2015 )  (Q: Sep. 2015 )(Q: Dec. 2015 )
=-2.496/( (1.407+0.779)/ 2 )
=-2.496/1.093
=-228.36 %

* 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 (Dec. 2015) net income data.


Enerpulse Technologies  (GREY:ENPT) 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.


Enerpulse Technologies Return-on-Tangible-Asset Related Terms

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Enerpulse Technologies (Enerpulse Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2451 Alamo Avenue SE, Albuquerque, NM, USA, 87106
Enerpulse Technologies Inc engages in the design, development, manufacturing, and marketing of an energy and efficiency-enhancing product in the automotive industry. Enerpulse Technologies aspires to be the recognized global leader in reducing fossil fuel consumption and carbon emissions. Its product Pulstar with PlasmaCore spark plug is made with its patented Nano-Plasma Assisted Combustion (n-PAC) technology which intensifies the ignition spark. This increases fuel economy, reduces tailpipe emissions and improves engine performance - a revolutionary feature unattainable by conventional spark plugs.

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