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Quantum Capital (Quantum Capital) Return-on-Tangible-Asset : -167.57% (As of Sep. 2011)


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What is Quantum Capital 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. Quantum Capital's annualized Net Income for the quarter that ended in Sep. 2011 was $-4.46 Mil. Quantum Capital's average total tangible assets for the quarter that ended in Sep. 2011 was $2.66 Mil. Therefore, Quantum Capital's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2011 was -167.57%.

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

QTCI's Return-on-Tangible-Asset is not ranked *
in the Credit Services industry.
Industry Median: 1.73
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Quantum Capital Return-on-Tangible-Asset Historical Data

The historical data trend for Quantum Capital'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.

Quantum Capital Return-on-Tangible-Asset Chart

Quantum Capital Annual Data
Trend Jun10
Return-on-Tangible-Asset
-3,650.00

Quantum Capital Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
Return-on-Tangible-Asset Get a 7-Day Free Trial Premium Member Only -400.00 - -938.52 -324.01 -167.57

Competitive Comparison of Quantum Capital's Return-on-Tangible-Asset

For the Credit Services subindustry, Quantum Capital'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.


Quantum Capital's Return-on-Tangible-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Quantum Capital's Return-on-Tangible-Asset distribution charts can be found below:

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



Quantum Capital Return-on-Tangible-Asset Calculation

Quantum Capital's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2010 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2010 )  (A: . 20 )(A: Jun. 2010 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2010 )  (A: . 20 )(A: Jun. 2010 )
=/( (+)/ )
=/
= %

Quantum Capital's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2011 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2011 )  (Q: Jun. 2011 )(Q: Sep. 2011 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2011 )  (Q: Jun. 2011 )(Q: Sep. 2011 )
=-4.464/( (2.628+2.7)/ 2 )
=-4.464/2.664
=-167.57 %

* 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 (Sep. 2011) net income data.


Quantum Capital  (OTCPK:QTCI) 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.


Quantum Capital Return-on-Tangible-Asset Related Terms

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Quantum Capital (Quantum Capital) Business Description

Traded in Other Exchanges
N/A
Address
3430 E. Russell Road, Springhill, Las Vegas, NV, USA, 8249
Quantum Capital Inc is an Australian company. The company owns Loan Base Pty Ltd, an Australian company with the mission of providing clients with personalized lending solutions that achieve their goals through premium, online, exclusive, convenient, and tailored lending solutions intermediary platforms.