MRES (Institute of Biomedical Research) Return-on-Tangible-Asset: -461.86% (As of Dec. 2010)

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What is Institute of Biomedical Research Return-on-Tangible-Asset?

Institute of Biomedical Research MRES +9.17% Return-on-Tangible-Asset is -461.86% as of Dec. 2010.

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. Institute of Biomedical Research's annualized Net Income for the quarter that ended in Dec. 2010 was $-0.22 Mil. Institute of Biomedical Research's average total tangible assets for the quarter that ended in Dec. 2010 was $0.05 Mil. Therefore, Institute of Biomedical Research's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2010 was -461.86%.

The historical rank and industry rank for Institute of Biomedical Research's Return-on-Tangible-Asset or its related term are showing as below:

MRES's Return-on-Tangible-Asset is not ranked *
in the Biotechnology industry.
Industry Median: -35.76
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Institute of Biomedical Research  (OTCPK:MRES) 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.


Institute of Biomedical Research Return-on-Tangible-Asset Related Terms


Institute of Biomedical Research Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Institute of Biomedical Research'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.

Institute of Biomedical Research Return-on-Tangible-Asset Chart

Institute of Biomedical Research Annual Data
Trend Dec03 Dec04 Mar06 Mar07 Mar08 Mar09 Mar10
Return-on-Tangible-Asset
Get a 7-Day Free Trial -159.46 -621.62 -5,160.58 -486.81 -354.55

Institute of Biomedical Research Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 -613.53 -661.11 -303,527.27 -575.70 -461.86

MRES vs HSTC, NTRR, VITIF: Return-on-Tangible-Asset Comparison

For the Biotechnology subindustry, Institute of Biomedical Research'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.


Institute of Biomedical Research Return-on-Tangible-Asset vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Institute of Biomedical Research's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Institute of Biomedical Research's Return-on-Tangible-Asset falls into.



Institute of Biomedical Research Return-on-Tangible-Asset Calculation

Institute of Biomedical Research's annualized Return-on-Tangible-Asset for the fiscal year that ended in Mar. 2010 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Mar. 2010 )  (A: Mar. 2009 )(A: Mar. 2010 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Mar. 2010 )  (A: Mar. 2009 )(A: Mar. 2010 )
=-0.273/( (0.078+0.076)/ 2 )
=-0.273/0.077
=-354.55 %

Institute of Biomedical Research's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2010 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2010 )  (Q: Sep. 2010 )(Q: Dec. 2010 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2010 )  (Q: Sep. 2010 )(Q: Dec. 2010 )
=-0.224/( (0.051+0.046)/ 2 )
=-0.224/0.0485
=-461.86 %

* 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. 2010) net income data.

What does a Return-on-Tangible-Asset of -461.86% mean?
Institute of Biomedical Research (MRES) has a Return-on-Tangible-Asset of -461.86% as of Dec. 2010. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Institute of Biomedical Research and its competitors.
Is Institute of Biomedical Research's Return-on-Tangible-Asset too high?
Institute of Biomedical Research's current Return-on-Tangible-Asset is -461.86%.
How does Institute of Biomedical Research's Return-on-Tangible-Asset compare to HSTC and NTRR?
Institute of Biomedical Research's Return-on-Tangible-Asset of -461.86% can be compared against companies in the Biotechnology industry. 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 Biotechnology company?
A good Return-on-Tangible-Asset depends on the Biotechnology industry context. 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 Institute of Biomedical Research and its competitors. Institute of Biomedical Research's current Return-on-Tangible-Asset is -461.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Institute of Biomedical Research stock overvalued right now?
Institute of Biomedical Research (MRES) has a current Return-on-Tangible-Asset of -461.86%. The current Return-on-Tangible-Asset is -461.86%. 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 Institute of Biomedical Research (MRES), the current Return-on-Tangible-Asset is -461.86% as of Dec. 2010. 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.

Institute of Biomedical Research Business Description

Address Dubai Science Park, 13th Floor, South Tower, Dubai, ARE, 416452
Institute of Biomedical Research Corp is a biomedical research and development company. The company is focused on alternative plant-based food and medicine and mental health therapeutic research. The company uses brand name M2Bio Sciences engaged in deploying artificial intelligence, science and medicine, clinical research, and emerging technologies.