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LBI International NV (XAMS:LBI) Return-on-Tangible-Asset : 0.00% (As of Jun. 2012)


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What is LBI International NV 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. LBI International NV's annualized Net Income for the quarter that ended in Jun. 2012 was €0.00 Mil. LBI International NV's average total tangible assets for the quarter that ended in Jun. 2012 was €191.15 Mil. Therefore, LBI International NV's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2012 was 0.00%.

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

XAMS:LBI' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -24.96   Med: 7.56   Max: 10.08
Current: 8.81

During the past 10 years, LBI International NV's highest Return-on-Tangible-Asset was 10.08%. The lowest was -24.96%. And the median was 7.56%.

XAMS:LBI's Return-on-Tangible-Asset is not ranked
in the Interactive Media industry.
Industry Median: -2.68 vs XAMS:LBI: 8.81

LBI International NV Return-on-Tangible-Asset Historical Data

The historical data trend for LBI International NV'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.

LBI International NV Return-on-Tangible-Asset Chart

LBI International NV Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.56 10.08 7.39 -0.23 8.81

LBI International NV Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Jun11 Jun12
Return-on-Tangible-Asset Get a 7-Day Free Trial 4.43 -16.44 10.86 - -

Competitive Comparison of LBI International NV's Return-on-Tangible-Asset

For the Internet Content & Information subindustry, LBI International NV'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.


LBI International NV's Return-on-Tangible-Asset Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, LBI International NV's Return-on-Tangible-Asset distribution charts can be found below:

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



LBI International NV Return-on-Tangible-Asset Calculation

LBI International NV'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 )
=17.8/( (199.1+205.2)/ 2 )
=17.8/202.15
=8.81 %

LBI International NV's annualized Return-on-Tangible-Asset for the quarter that ended in Jun. 2012 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jun. 2012 )  (Q: Jun. 2011 )(Q: Jun. 2012 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jun. 2012 )  (Q: Jun. 2011 )(Q: Jun. 2012 )
=0/( (177.8+204.5)/ 2 )
=0/191.15
=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 (Jun. 2012) net income data.


LBI International NV  (XAMS:LBI) 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.


LBI International NV Return-on-Tangible-Asset Related Terms

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LBI International NV (XAMS:LBI) Business Description

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