GRPS (Gold River Productions) Return-on-Tangible-Asset : -63.76% (As of Dec. 2096)

Gold River Productions Return-on-Tangible-Asset Chart

Gold River Productions Quarterly Data
	Mar92	Jun92	Sep92	Dec92	Mar93	Jun93	Sep93	Dec93	Mar94	Jun94	Sep94	Dec94	Mar95	Jun95	Sep95	Dec95	Mar96	Jun96	Sep96	Dec96
Return-on-Tangible-Asset	Get a 7-Day Free Trial															-8.91	-104.63	-4.24	-1.03	-63.76

Competitive Comparison of Gold River Productions's Return-on-Tangible-Asset

For the Drug Manufacturers - Specialty & Generic subindustry, Gold River Productions'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.

Gold River Productions's Return-on-Tangible-Asset Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Gold River Productions's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Gold River Productions's Return-on-Tangible-Asset falls into.

Gold River Productions Return-on-Tangible-Asset Calculation

Gold River Productions's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2095 is calculated as:

Gold River Productions's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2096 is calculated as:

* 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. 2096) net income data.

Gold River Productions  (OTCPK:GRPS) 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.

Gold River Productions Return-on-Tangible-Asset Related Terms

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Gold River Productions Business Description