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WDDD (Worlds) Return-on-Tangible-Asset : -1,635.82% (As of Dec. 2024)


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What is Worlds 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. Worlds's annualized Net Income for the quarter that ended in Dec. 2024 was $-0.55 Mil. Worlds's average total tangible assets for the quarter that ended in Dec. 2024 was $0.03 Mil. Therefore, Worlds's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 was -1,635.82%.

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

WDDD' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -14951.85   Med: -246.13   Max: 87.05
Current: -410.77

During the past 13 years, Worlds's highest Return-on-Tangible-Asset was 87.05%. The lowest was -14951.85%. And the median was -246.13%.

WDDD's Return-on-Tangible-Asset is ranked worse than
97.18% of 2841 companies
in the Software industry
Industry Median: 1.88 vs WDDD: -410.77

Worlds Return-on-Tangible-Asset Historical Data

The historical data trend for Worlds'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.

Worlds Return-on-Tangible-Asset Chart

Worlds Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -127.25 -125.82 -708.90 60.07 -365.00

Worlds Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 805.41 -189.71 -336.55 -730.00 -1,635.82

Competitive Comparison of Worlds's Return-on-Tangible-Asset

For the Software - Application subindustry, Worlds'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.


Worlds's Return-on-Tangible-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Worlds's Return-on-Tangible-Asset distribution charts can be found below:

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


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Worlds Return-on-Tangible-Asset Calculation

Worlds's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=-0.511/( (0.265+0.015)/ 2 )
=-0.511/0.14
=-365.00 %

Worlds's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2024 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2024 )  (Q: Sep. 2024 )(Q: Dec. 2024 )
=-0.548/( (0.052+0.015)/ 2 )
=-0.548/0.0335
=-1,635.82 %

* 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. 2024) net income data.


Worlds  (OTCPK:WDDD) 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.


Worlds Return-on-Tangible-Asset Related Terms

Thank you for viewing the detailed overview of Worlds's Return-on-Tangible-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Worlds Business Description

Industry
Traded in Other Exchanges
N/A
Address
11 Royal Road, Brookline, MA, USA, 02445
Worlds Inc is a company that designs and develops software, content, and related technology for the creation of interactive, three-dimensional (3D) portals and websites. The company creates its Internet sites, as well as sites available through third-party online service providers. It focuses on the development of virtual worlds which has several applications comprising a virtual meeting place, a 3D e-commerce store, a virtual classroom, meeting place and others. The core technologies developed by it include WorldsShaper, WorldsServer, WorldsBrowser, WorldsPlayer, and Worlds Gamma Libraries.
Executives
Edward J Gildea director C/O CONVERTED ORGANICS INC., 7A COMMERCIAL WHARF WEST, BOSTON MA 02110
Thomas Philip Duterme director 111 PACCHETTI WAY, MOUNTAIN VIEW CA 94040
Steven Chrust 10 percent owner C/O SGC ADVISORY SERVICES INC, 1786 BEDFORD STREET, STANFORD CT 06905
Thomas Kidrin director, 10 percent owner, officer: President & CEO 11 ROYAL ROAD, BROOKLINE MA 02445
Bernard Stolar director 4401 WILSHIRE BLVD., SUITE 200, LOS ANGELES CA 90010
Jay Coleman director 310 EAST 46TH ST. APT 9 F, NEW YORK NY 10017
Robert N Fireman director 145 ROSEMARY ST. SUITE H-2, NEEDHAM MA 02494

Worlds Headlines

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