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Vapor Group (Vapor Group) Return-on-Tangible-Asset : 0.00% (As of Dec. 2017)


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What is Vapor Group 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. Vapor Group's annualized Net Income for the quarter that ended in Dec. 2017 was $0.00 Mil. Vapor Group's average total tangible assets for the quarter that ended in Dec. 2017 was $1.41 Mil. Therefore, Vapor Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2017 was 0.00%.

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

VPOR's Return-on-Tangible-Asset is not ranked *
in the Tobacco Products industry.
Industry Median: 5.54
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Vapor Group Return-on-Tangible-Asset Historical Data

The historical data trend for Vapor Group'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.

Vapor Group Return-on-Tangible-Asset Chart

Vapor Group Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -39.62 -111.96 -119.24 -140.29 -409.80

Vapor Group Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Jun15 Sep15 Dec15 Jun16 Sep16 Dec16 Mar17 Jun17 Dec17 Dec18
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 -72.53 -152.10 -623.84 - -

Competitive Comparison of Vapor Group's Return-on-Tangible-Asset

For the Tobacco subindustry, Vapor Group'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.


Vapor Group's Return-on-Tangible-Asset Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Vapor Group's Return-on-Tangible-Asset distribution charts can be found below:

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



Vapor Group Return-on-Tangible-Asset Calculation

Vapor Group's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2018 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2018 )  (A: Dec. 2017 )(A: Dec. 2018 )
=-3.43/( (1.439+0.235)/ 2 )
=-3.43/0.837
=-409.80 %

Vapor Group's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2017 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2017 )  (Q: Jun. 2017 )(Q: Dec. 2017 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2017 )  (Q: Jun. 2017 )(Q: Dec. 2017 )
=0/( (1.373+1.439)/ 2 )
=0/1.406
=0.00 %

* 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. 2017) net income data.


Vapor Group  (OTCPK:VPOR) 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.


Vapor Group Return-on-Tangible-Asset Related Terms

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Vapor Group (Vapor Group) Business Description

Traded in Other Exchanges
N/A
Address
2260 West 80th Street, Suite 6, Hialeah, FL, USA, 33016
Vapor Group Inc is engaged in designing, manufacturing, and marketing of vaporizers and electronic cigarettes and e-liquids. The company also markets consumer products including the Whizboard brand of scooters and Hoverkart accessories sold by Smart Wheels. Its products are marketed under the Vapor Group, Total Vapor, Vapor 123, and The Vapor Products brands. All products are sold nationwide through distributors and directly to consumers through company-owned websites.