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Mobile Embrace (Mobile Embrace) Return-on-Tangible-Asset : -280.54% (As of Dec. 2021)


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What is Mobile Embrace 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. Mobile Embrace's annualized Net Income for the quarter that ended in Dec. 2021 was $-0.31 Mil. Mobile Embrace's average total tangible assets for the quarter that ended in Dec. 2021 was $0.11 Mil. Therefore, Mobile Embrace's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2021 was -280.54%.

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

MBLAF' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -294.17   Med: 7.61   Max: 65.36
Current: -327.86

During the past 13 years, Mobile Embrace's highest Return-on-Tangible-Asset was 65.36%. The lowest was -294.17%. And the median was 7.61%.

MBLAF's Return-on-Tangible-Asset is not ranked
in the Telecommunication Services industry.
Industry Median: 3.205 vs MBLAF: -327.86

Mobile Embrace Return-on-Tangible-Asset Historical Data

The historical data trend for Mobile Embrace'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.

Mobile Embrace Return-on-Tangible-Asset Chart

Mobile Embrace Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -157.07 -132.68 -136.63 71.96 -272.53

Mobile Embrace Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 -113.04 -179.73 685.75 -280.54 -486.08

Competitive Comparison of Mobile Embrace's Return-on-Tangible-Asset

For the Telecom Services subindustry, Mobile Embrace'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.


Mobile Embrace's Return-on-Tangible-Asset Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Mobile Embrace's Return-on-Tangible-Asset distribution charts can be found below:

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



Mobile Embrace Return-on-Tangible-Asset Calculation

Mobile Embrace's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2022 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2022 )  (A: Jun. 2021 )(A: Jun. 2022 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2022 )  (A: Jun. 2021 )(A: Jun. 2022 )
=-0.248/( (0.162+0.02)/ 2 )
=-0.248/0.091
=-272.53 %

Mobile Embrace's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2021 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2021 )  (Q: Jun. 2021 )(Q: Dec. 2021 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2021 )  (Q: Jun. 2021 )(Q: Dec. 2021 )
=-0.31/( (0.162+0.059)/ 2 )
=-0.31/0.1105
=-280.54 %

* 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 two times the semi-annual (Dec. 2021) net income data.


Mobile Embrace  (OTCPK:MBLAF) 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.


Mobile Embrace Return-on-Tangible-Asset Related Terms

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Mobile Embrace (Mobile Embrace) Business Description

Traded in Other Exchanges
N/A
Address
71 Furniss Road, Landsdale, Sydney, WA, AUS, 6065
Impelus Ltd is engaged in mobile commerce which includes mobile marketing and carrier billing. It serves Childcare; Home; Education; Hearing; Health; Auto; Energy; Finance; Insurance; Travel; Telecom and other industries. The company's operating segment includes Direct Carrier Billing and Performance Marketing. It generates maximum revenue from the Performance Marketing segment.

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