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Metal Reclamation Bhd (XKLS:7059) Return-on-Tangible-Asset : -9.93% (As of Mar. 2015)


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What is Metal Reclamation Bhd 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. Metal Reclamation Bhd's annualized Net Income for the quarter that ended in Mar. 2015 was RM-13.81 Mil. Metal Reclamation Bhd's average total tangible assets for the quarter that ended in Mar. 2015 was RM139.12 Mil. Therefore, Metal Reclamation Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2015 was -9.93%.

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

XKLS:7059' s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -12.77   Med: -3.12   Max: 6.8
Current: -8.62

During the past 9 years, Metal Reclamation Bhd's highest Return-on-Tangible-Asset was 6.80%. The lowest was -12.77%. And the median was -3.12%.

XKLS:7059's Return-on-Tangible-Asset is not ranked
in the Metals & Mining industry.
Industry Median: -15.235 vs XKLS:7059: -8.62

Metal Reclamation Bhd Return-on-Tangible-Asset Historical Data

The historical data trend for Metal Reclamation Bhd'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.

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Metal Reclamation Bhd Return-on-Tangible-Asset Chart

Metal Reclamation Bhd Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Return-on-Tangible-Asset
Get a 7-Day Free Trial Premium Member Only 6.80 2.74 -12.77 -2.68 -3.55

Metal Reclamation Bhd Quarterly Data
Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 2.30 -10.28 -6.53 -7.76 -9.93

Competitive Comparison of Metal Reclamation Bhd's Return-on-Tangible-Asset

For the Other Industrial Metals & Mining subindustry, Metal Reclamation Bhd'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.


Metal Reclamation Bhd's Return-on-Tangible-Asset Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Metal Reclamation Bhd's Return-on-Tangible-Asset distribution charts can be found below:

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



Metal Reclamation Bhd Return-on-Tangible-Asset Calculation

Metal Reclamation Bhd'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 )
=-5.196/( (151.245+141.57)/ 2 )
=-5.196/146.4075
=-3.55 %

Metal Reclamation Bhd's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2015 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2015 )  (Q: Dec. 2014 )(Q: Mar. 2015 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2015 )  (Q: Dec. 2014 )(Q: Mar. 2015 )
=-13.808/( (139.422+138.821)/ 2 )
=-13.808/139.1215
=-9.93 %

* 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 (Mar. 2015) net income data.


Metal Reclamation Bhd  (XKLS:7059) 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.


Metal Reclamation Bhd Return-on-Tangible-Asset Related Terms

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Metal Reclamation Bhd (XKLS:7059) Business Description

Traded in Other Exchanges
N/A
Address
Metal Reclamation Bhd, through its subsidiaries, is engaged in reclamation and sale of lead and lead alloys; and design, fabrication and sales of industrial machinery and equipment.

Metal Reclamation Bhd (XKLS:7059) Headlines

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