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Global Ecology (Global Ecology) Return-on-Tangible-Asset : -326.01% (As of Sep. 2013)


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What is Global Ecology 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. Global Ecology's annualized Net Income for the quarter that ended in Sep. 2013 was $-1.13 Mil. Global Ecology's average total tangible assets for the quarter that ended in Sep. 2013 was $0.35 Mil. Therefore, Global Ecology's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2013 was -326.01%.

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

GLEC's Return-on-Tangible-Asset is not ranked *
in the Industrial Products industry.
Industry Median: 3.79
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Global Ecology Return-on-Tangible-Asset Historical Data

The historical data trend for Global Ecology'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.

Global Ecology Return-on-Tangible-Asset Chart

Global Ecology Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Return-on-Tangible-Asset
Get a 7-Day Free Trial -405.83 -5.91 -301.88 -226.58 -173.44

Global Ecology Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 -580.93 -210.38 -280.15 -240.00 -326.01

Competitive Comparison of Global Ecology's Return-on-Tangible-Asset

For the Pollution & Treatment Controls subindustry, Global Ecology'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.


Global Ecology's Return-on-Tangible-Asset Distribution in the Industrial Products Industry

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

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



Global Ecology Return-on-Tangible-Asset Calculation

Global Ecology's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2012 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2012 )  (A: Dec. 2011 )(A: Dec. 2012 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2012 )  (A: Dec. 2011 )(A: Dec. 2012 )
=-1.11/( (0.865+0.415)/ 2 )
=-1.11/0.64
=-173.44 %

Global Ecology's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2013 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2013 )  (Q: Jun. 2013 )(Q: Sep. 2013 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2013 )  (Q: Jun. 2013 )(Q: Sep. 2013 )
=-1.128/( (0.354+0.338)/ 2 )
=-1.128/0.346
=-326.01 %

* 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. 2013) net income data.


Global Ecology  (OTCPK:GLEC) 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.


Global Ecology Return-on-Tangible-Asset Related Terms

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Global Ecology (Global Ecology) Business Description

Traded in Other Exchanges
N/A
Address
96 Park Street, Montclair, NJ, USA, 07042
Global Ecology Corp is engaged in the development, production and marketing of advanced waste remediation technologies that address universal environmental issues.These issues include organic soil revitalization, reduction of greenhouse gas emissions, solid waste remediation and point-of-use water purification solutions.

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