IDIG (International Digital Holding) Return-on-Tangible-Asset: 0.00% (As of . 20)

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What is International Digital Holding Return-on-Tangible-Asset?

International Digital Holding IDIG Return-on-Tangible-Asset is 0.00% as of . 20.

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. International Digital Holding's annualized Net Income for the quarter that ended in . 20 was $ Mil. International Digital Holding's average total tangible assets for the quarter that ended in . 20 was $ Mil. Therefore, International Digital Holding's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 was 0.00%.

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

IDIG's Return-on-Tangible-Asset is not ranked *
in the Hardware industry.
Industry Median: 2.44
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

International Digital Holding  (OTCPK:IDIG) 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.

International Digital Holding Return-on-Tangible-Asset Related Terms

International Digital Holding Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for International Digital Holding'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.

International Digital Holding Return-on-Tangible-Asset Chart

International Digital Holding Annual Data
Trend
Return-on-Tangible-Asset

International Digital Holding Quarterly Data
Return-on-Tangible-Asset

IDIG vs WARM, TNCP, CTAM: Return-on-Tangible-Asset Comparison

For the Consumer Electronics subindustry, International Digital Holding'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.

International Digital Holding Return-on-Tangible-Asset vs Hardware Industry

For the Hardware industry and Technology sector, International Digital Holding's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where International Digital Holding's Return-on-Tangible-Asset falls into.


International Digital Holding Return-on-Tangible-Asset Calculation

International Digital Holding's annualized Return-on-Tangible-Asset for the fiscal year that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: . 20 )  (A: . 20 )(A: . 20 )
=/( (+)/ )
=/
= %

International Digital Holding's annualized Return-on-Tangible-Asset for the quarter that ended in . 20 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: . 20 )  (Q: . 20 )(Q: . 20 )
=/( (+)/ )
=/
= %

* 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 (. 20) net income data.

What does a Return-on-Tangible-Asset of 0.00% mean?
International Digital Holding (IDIG) has a Return-on-Tangible-Asset of 0.00% as of . 20. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on International Digital Holding and its competitors.
Is International Digital Holding's Return-on-Tangible-Asset too high?
International Digital Holding's current Return-on-Tangible-Asset is 0.00%.
How does International Digital Holding's Return-on-Tangible-Asset compare to WARM and TNCP?
International Digital Holding's Return-on-Tangible-Asset of 0.00% can be compared against companies in the Hardware industry. The industry median Return-on-Tangible-Asset is 2.44. 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 Hardware company?
The median Return-on-Tangible-Asset among Hardware companies is 2.44, based on 2,503 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 International Digital Holding and its competitors. For the Hardware industry, the median Return-on-Tangible-Asset is 2.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Digital Holding's current Return-on-Tangible-Asset is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Digital Holding stock overvalued right now?
International Digital Holding (IDIG) has a current Return-on-Tangible-Asset of 0.00%. The current Return-on-Tangible-Asset is 0.00%. 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 International Digital Holding (IDIG), the current Return-on-Tangible-Asset is 0.00% as of . 20. 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.

International Digital Holding Business Description

Address 3701 Prairie Dunes Drive, Sarasota, FL, USA, 34238
International Digital Holding Inc, along with its subsidiary, is in the business of developing and marketing of a line of affordable Android smartphones.