SVAD (Silverton Adventures) Return-on-Tangible-Asset: -834.04% (As of Sep. 2014)

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What is Silverton Adventures Return-on-Tangible-Asset?

Silverton Adventures SVAD Return-on-Tangible-Asset is -834.04% as of Sep. 2014.

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. Silverton Adventures's annualized Net Income for the quarter that ended in Sep. 2014 was $-0.20 Mil. Silverton Adventures's average total tangible assets for the quarter that ended in Sep. 2014 was $0.02 Mil. Therefore, Silverton Adventures's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2014 was -834.04%.

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

SVAD's Return-on-Tangible-Asset is not ranked *
in the Media - Diversified industry.
Industry Median: 0.82
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Silverton Adventures  (OTCPK:SVAD) 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.


Silverton Adventures Return-on-Tangible-Asset Related Terms


Silverton Adventures Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for Silverton Adventures'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.

Silverton Adventures Return-on-Tangible-Asset Chart

Silverton Adventures Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Return-on-Tangible-Asset
Get a 7-Day Free Trial -560.00 -37.50 -347.19 -8,688.89 -3,350.00

Silverton Adventures Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 -5,123.81 -4,082.05 -5,881.08 80.00 -834.04

SVAD vs STRG, BISA, BBOE: Return-on-Tangible-Asset Comparison

For the Advertising Agencies subindustry, Silverton Adventures'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.


Silverton Adventures Return-on-Tangible-Asset vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Silverton Adventures's Return-on-Tangible-Asset distribution charts can be found below:

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



Silverton Adventures Return-on-Tangible-Asset Calculation

Silverton Adventures's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2014 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2014 )  (A: Jun. 2013 )(A: Jun. 2014 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2014 )  (A: Jun. 2013 )(A: Jun. 2014 )
=-0.737/( (0.022+0.022)/ 2 )
=-0.737/0.022
=-3,350.00 %

Silverton Adventures's annualized Return-on-Tangible-Asset for the quarter that ended in Sep. 2014 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Sep. 2014 )  (Q: Jun. 2014 )(Q: Sep. 2014 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Sep. 2014 )  (Q: Jun. 2014 )(Q: Sep. 2014 )
=-0.196/( (0.022+0.025)/ 2 )
=-0.196/0.0235
=-834.04 %

* 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. 2014) net income data.

What does a Return-on-Tangible-Asset of -834.04% mean?
Silverton Adventures (SVAD) has a Return-on-Tangible-Asset of -834.04% as of Sep. 2014. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Silverton Adventures and its competitors.
Is Silverton Adventures' Return-on-Tangible-Asset too high?
Silverton Adventures' current Return-on-Tangible-Asset is -834.04%.
How does Silverton Adventures' Return-on-Tangible-Asset compare to STRG and BISA?
Silverton Adventures' Return-on-Tangible-Asset of -834.04% can be compared against companies in the Media - Diversified industry. The industry median Return-on-Tangible-Asset is 0.82. 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 Media - Diversified company?
The median Return-on-Tangible-Asset among Media - Diversified companies is 0.82, based on 1,032 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. 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 Silverton Adventures and its competitors. For the Media - Diversified industry, the median Return-on-Tangible-Asset is 0.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Silverton Adventures's current Return-on-Tangible-Asset is -834.04%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Silverton Adventures stock overvalued right now?
Silverton Adventures (SVAD) has a current Return-on-Tangible-Asset of -834.04%. The current Return-on-Tangible-Asset is -834.04%. 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 Silverton Adventures (SVAD), the current Return-on-Tangible-Asset is -834.04% as of Sep. 2014. 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.

Silverton Adventures Business Description

Address 31 Hung To Road, Room 1302, 13th Floor, Billion Trade Centre, Ngau Tau Kok, Kowloon, Hong Kong, HKG, 999077
Silverton Adventures Inc is engaged in the business of online e-commerce and off-line commerce, promotion, and marketing services business. The company is able to launch both online e-commerce and offline commerce together with providing promotion and marketing advisory activities using the ecFish brand, website, and its social media, and offline special events such as designing seasonal promotions campaigns during sales seasons and other special occasions.