WWII (World Of Wireless International Telecom) Return-on-Tangible-Asset: -3,825.40% (As of Dec. 2011)


What is World Of Wireless International Telecom Return-on-Tangible-Asset?

World Of Wireless International Telecom WWII Return-on-Tangible-Asset is -3,825.40% as of Dec. 2011.

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. World Of Wireless International Telecom's annualized Net Income for the quarter that ended in Dec. 2011 was $-1.21 Mil. World Of Wireless International Telecom's average total tangible assets for the quarter that ended in Dec. 2011 was $0.03 Mil. Therefore, World Of Wireless International Telecom's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2011 was -3,825.40%.

The historical rank and industry rank for World Of Wireless International Telecom's Return-on-Tangible-Asset or its related term are showing as below:

WWII's Return-on-Tangible-Asset is not ranked *
in the Telecommunication Services industry.
Industry Median: 3.47
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

World Of Wireless International Telecom  (OTCPK:WWII) 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.

World Of Wireless International Telecom Return-on-Tangible-Asset Related Terms

World Of Wireless International Telecom Return-on-Tangible-Asset Historical Data

* Premium members only.

The historical data trend for World Of Wireless International Telecom'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.

World Of Wireless International Telecom Return-on-Tangible-Asset Chart

World Of Wireless International Telecom Annual Data
Trend Dec10 Dec11
Return-on-Tangible-Asset
0.00 -3,825.40

World Of Wireless International Telecom Semi-Annual Data
Dec10 Dec11
Return-on-Tangible-Asset 0.00 -3,825.40

WWII vs FULO, DTGI, GZIC: Return-on-Tangible-Asset Comparison

For the Telecom Services subindustry, World Of Wireless International Telecom'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.

World Of Wireless International Telecom Return-on-Tangible-Asset vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, World Of Wireless International Telecom's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where World Of Wireless International Telecom's Return-on-Tangible-Asset falls into.


World Of Wireless International Telecom Return-on-Tangible-Asset Calculation

World Of Wireless International Telecom's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2011 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2011 )  (A: Dec. 2010 )(A: Dec. 2011 )
=-1.205/( (0.033+0.03)/ 2 )
=-1.205/0.0315
=-3,825.40 %

World Of Wireless International Telecom's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2011 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Dec. 2011 )  (Q: Dec. 2010 )(Q: Dec. 2011 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Dec. 2011 )  (Q: Dec. 2010 )(Q: Dec. 2011 )
=-1.205/( (0.033+0.03)/ 2 )
=-1.205/0.0315
=-3,825.40 %

* 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 one times the annual (Dec. 2011) net income data.

What does a Return-on-Tangible-Asset of -3,825.40% mean?
World Of Wireless International Telecom (WWII) has a Return-on-Tangible-Asset of -3,825.40% as of Dec. 2011. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on World Of Wireless International Telecom and its competitors.
Is World Of Wireless International Telecom's Return-on-Tangible-Asset too high?
World Of Wireless International Telecom's current Return-on-Tangible-Asset is -3,825.40%.
How does World Of Wireless International Telecom's Return-on-Tangible-Asset compare to FULO and DTGI?
World Of Wireless International Telecom's Return-on-Tangible-Asset of -3,825.40% can be compared against companies in the Telecommunication Services industry. The industry median Return-on-Tangible-Asset is 3.47. 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 Telecommunication Services company?
The median Return-on-Tangible-Asset among Telecommunication Services companies is 3.47, based on 364 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 World Of Wireless International Telecom and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Asset is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. World Of Wireless International Telecom's current Return-on-Tangible-Asset is -3,825.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is World Of Wireless International Telecom stock overvalued right now?
World Of Wireless International Telecom (WWII) has a current Return-on-Tangible-Asset of -3,825.40%. The current Return-on-Tangible-Asset is -3,825.40%. 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 World Of Wireless International Telecom (WWII), the current Return-on-Tangible-Asset is -3,825.40% as of Dec. 2011. 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.

World Of Wireless International Telecom Business Description

Address 65 Enterprise, Aliso Viejo, CA, USA, 92656
World Of Wireless International Telecom Inc engages in the wireless communications industry. The company focuses on prepaid unlimited wifi softphone services for voice, text, data and streaming with or without a dedicated connection to a Hot Spot or wifi network, development, and release of new applications for broad market appeal globally after the proprietary app is released, the company offers white-label services for third-party networks to build their applications and operate through the company's network available, municipal wireless implementation in the United States.