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Maison Luxe (Maison Luxe) Return-on-Tangible-Asset : 89.15% (As of Dec. 2011)


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What is Maison Luxe 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. Maison Luxe's annualized Net Income for the quarter that ended in Dec. 2011 was $1.37 Mil. Maison Luxe's average total tangible assets for the quarter that ended in Dec. 2011 was $1.53 Mil. Therefore, Maison Luxe's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2011 was 89.15%.

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

MASN's Return-on-Tangible-Asset is not ranked *
in the Retail - Cyclical industry.
Industry Median: 2.28
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Maison Luxe Return-on-Tangible-Asset Historical Data

The historical data trend for Maison Luxe'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.

Maison Luxe Return-on-Tangible-Asset Chart

Maison Luxe Annual Data
Trend Mar10 Mar11
Return-on-Tangible-Asset
-18.48 7.66

Maison Luxe Quarterly Data
Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -21.22 32.81 -6.42 -15.00 89.15

Competitive Comparison of Maison Luxe's Return-on-Tangible-Asset

For the Luxury Goods subindustry, Maison Luxe'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.


Maison Luxe's Return-on-Tangible-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Maison Luxe's Return-on-Tangible-Asset distribution charts can be found below:

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



Maison Luxe Return-on-Tangible-Asset Calculation

Maison Luxe's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2011 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2011 )  (A: Mar. 2010 )(A: Mar. 2011 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2011 )  (A: Mar. 2010 )(A: Mar. 2011 )
=0.116/( (1.526+1.502)/ 2 )
=0.116/1.514
=7.66 %

Maison Luxe's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2011 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2011 )  (Q: Sep. 2011 )(Q: Dec. 2011 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2011 )  (Q: Sep. 2011 )(Q: Dec. 2011 )
=1.368/( (1.444+1.625)/ 2 )
=1.368/1.5345
=89.15 %

* 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. 2011) net income data.


Maison Luxe  (OTCPK:MASN) 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.


Maison Luxe Return-on-Tangible-Asset Related Terms

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Maison Luxe (Maison Luxe) Business Description

Traded in Other Exchanges
N/A
Address
1 Bridge Plaza North, Suite 2, Fort Lee, NJ, USA, 07024
Maison Luxe Inc offers luxury retail consumer items that are responsibly sourced and affordable. The company operates as a niche high-end luxury goods retailer, helping interested consumers obtain rare luxury items that may otherwise not be reliably available due to the nature of the luxury retail marketplace. It focuses primarily within the fine time piece and jewelry segments, both on a wholesale and business-to-consumer basis.

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