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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. Innovative Payment Solutions's annualized Net Income for the quarter that ended in Dec. 2024 was $-5.08 Mil. Innovative Payment Solutions's average total tangible assets for the quarter that ended in Dec. 2024 was $0.71 Mil. Therefore, Innovative Payment Solutions's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was -713.92%.
The historical rank and industry rank for Innovative Payment Solutions's Return-on-Tangible-Asset or its related term are showing as below:
During the past 12 years, Innovative Payment Solutions's highest Return-on-Tangible-Asset was -150.00%. The lowest was -856.81%. And the median was -448.37%.
The historical data trend for Innovative Payment Solutions'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.
Innovative Payment Solutions Annual Data | |||||||||||||||||||||
Trend | Oct15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Return-on-Tangible-Asset | Get a 7-Day Free Trial |
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-856.81 | -460.40 | -276.19 | -541.12 | -694.03 |
Innovative Payment Solutions Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Return-on-Tangible-Asset | Get a 7-Day Free Trial |
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-686.07 | -155.58 | -334.42 | -674.34 | -713.92 |
For the Software - Infrastructure subindustry, Innovative Payment Solutions'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.
For the Software industry and Technology sector, Innovative Payment Solutions's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Innovative Payment Solutions's Return-on-Tangible-Asset falls into.
Innovative Payment Solutions's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:
Return-on-Tangible-Asset | = | Net Income | / | ( (Total Tangible Assets | + | Total Tangible Assets) | / count ) |
(A: Dec. 2024 ) | (A: Dec. 2023 ) | (A: Dec. 2024 ) | |||||
= | Net Income | / | ( (Total Assets - Intangible Assets | + | Total Assets - Intangible Assets) | / count ) | |
(A: Dec. 2024 ) | (A: Dec. 2023 ) | (A: Dec. 2024 ) | |||||
= | -4.126 | / | ( (0.805 | + | 0.384) | / 2 ) | |
= | -4.126 | / | 0.5945 | ||||
= | -694.03 % |
Innovative Payment Solutions's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 is calculated as:
Return-on-Tangible-Asset | = | Net Income | / | ( (Total Tangible Assets | + | Total Tangible Assets) | / count ) |
(Q: Dec. 2024 ) | (Q: Sep. 2024 ) | (Q: Dec. 2024 ) | |||||
= | Net Income | / | ( (Total Assets - Intangible Assets | + | Total Assets - Intangible Assets) | / count ) | |
(Q: Dec. 2024 ) | (Q: Sep. 2024 ) | (Q: Dec. 2024 ) | |||||
= | -5.076 | / | ( (1.038 | + | 0.384) | / 2 ) | |
= | -5.076 | / | 0.711 | ||||
= | -713.92 % |
* 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. 2024) net income data.
Innovative Payment Solutions (OTCPK:IPSI) 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 companys 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 companys 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.
Thank you for viewing the detailed overview of Innovative Payment Solutions's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
Richard Rosenblum | 10 percent owner, other: President and CFO | 19 HORIZON DRIVE, WAYNE NJ 07470 |
David F Rios | director | 14924 DIDUCA WAY, LOS GATOS CA 95032 |
Clifford W. Henry | director | PO BOX 1148, ZEPHYR COVE NV 89449-1148 |
Madisson Gracee Corbett | director | 19355 BUSINESS CENTER DRIVE., #9, NORTHRIDGE CA 91324 |
James W Fuller | director | C/O BAYTREE CAPITAL ASSOCIATES LLC, 40 WALL STREET, 58TH FLOOR, NEW YORK NY 10005 |
Andrey Novikov | director, officer: CHIEF TECHNOLOGY OFFICER | 19355 BUSINESS CENTER DRIVE , #9, NORTHRIDG CA 91324 |
William D. Corbett | director, officer: Chief Executive Officer | 1720 W DIVISION STREET, 3RD FLOOR, CHICAGO IL 606622 |
Jimmy I Gibbs | 10 percent owner | 9855 WARREN H. ABERNATHY HIGHWAY, SPARTANBURG SC 29301 |
Mark John Korb | officer: Chief Financial Officer | 1900 GLADES ROAD, SUITE 435, BOCA RATON FL 33431 |
Gaston Singh Pereira | director, officer: Chairman of the Board and CEO | 1900 GLADES ROAD, SUITE 265, BOCA RATON FL 33431 |
Sarmad Singh Harake | director | 1900 GLADES ROAD, SUITE 265, BOCA RATON NY 33431 |
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