GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » BB Liquidating Inc (OTCPK:BLIAQ) » Definitions » ROA %

BB Liquidating (BB Liquidating) ROA % : -27.90% (As of Dec. 2010)


View and export this data going back to 1999. Start your Free Trial

What is BB Liquidating ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. BB Liquidating's annualized Net Income for the quarter that ended in Dec. 2010 was $-322 Mil. BB Liquidating's average Total Assets over the quarter that ended in Dec. 2010 was $1,153 Mil. Therefore, BB Liquidating's annualized ROA % for the quarter that ended in Dec. 2010 was -27.90%.

The historical rank and industry rank for BB Liquidating's ROA % or its related term are showing as below:

BLIAQ's ROA % is not ranked *
in the Media - Diversified industry.
Industry Median: 0.85
* Ranked among companies with meaningful ROA % only.

BB Liquidating ROA % Historical Data

The historical data trend for BB Liquidating's ROA % 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.

BB Liquidating ROA % Chart

BB Liquidating Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.60 -2.52 -15.31 -30.23 -19.69

BB Liquidating Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
ROA % 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 -101.86 -18.31 -22.21 -18.79 -27.90

Competitive Comparison of BB Liquidating's ROA %

For the Entertainment subindustry, BB Liquidating's ROA %, along with its competitors' market caps and ROA % 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.


BB Liquidating's ROA % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, BB Liquidating's ROA % distribution charts can be found below:

* The bar in red indicates where BB Liquidating's ROA % falls into.



BB Liquidating ROA % Calculation

BB Liquidating's annualized ROA % for the fiscal year that ended in Dec. 2010 is calculated as:

ROA %=Net Income (A: Dec. 2010 )/( (Total Assets (A: Dec. 2009 )+Total Assets (A: Dec. 2010 ))/ count )
=-268/( (1538.3+1183.5)/ 2 )
=-268/1360.9
=-19.69 %

BB Liquidating's annualized ROA % for the quarter that ended in Dec. 2010 is calculated as:

ROA %=Net Income (Q: Dec. 2010 )/( (Total Assets (Q: Sep. 2010 )+Total Assets (Q: Dec. 2010 ))/ count )
=-321.6/( (1122+1183.5)/ 2 )
=-321.6/1152.75
=-27.90 %

* 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 ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Dec. 2010) net income data. ROA % is displayed in the 30-year financial page.


BB Liquidating  (OTCPK:BLIAQ) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Dec. 2010 )
=Net Income/Total Assets
=-321.6/1152.75
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-321.6 / 3105.6)*(3105.6 / 1152.75)
=Net Margin %*Asset Turnover
=-10.36 %*2.6941
=-27.90 %

Note: The Net Income data used here is four times the quarterly (Dec. 2010) net income data. The Revenue data used here is four times the quarterly (Dec. 2010) revenue data.

* 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.


Be Aware

Like ROE, ROA % 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. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % 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 ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


BB Liquidating ROA % Related Terms

Thank you for viewing the detailed overview of BB Liquidating's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


BB Liquidating (BB Liquidating) Business Description

Traded in Other Exchanges
N/A
Address
2100 Ross Avenue, Suite 2100, Dallas, TX, USA, 75201
BB Liquidating, Inc. formerly Blockbuster, Inc. and its subsidiaries operate and franchise entertainment-related stores in the United States and a number of other countries.
Executives
Dennis Mcgill officer: EVP & CFO 3601 PLAINS BLVD, STE 1, AMARILLO TX 79102
James W Keyes director, officer: Chairman & CEO 4500 WESTGROVE DR. SUITE 222, ADDISON TX 75001
Jules Haimovitz director 601 108TH AVENUE NE, SUITE 1200, BELLEVUE WA 98004
Edward Bleier director P.O. BOX 91123, SEATTLE WA 98111-9223
Strauss Zelnick director C/O ZELNICKMEDIA, 650 FIFTH AVE 31ST FLOOR, NEW YORK NY 10019
Hopper Investments Llc other: no longer a 10% holder 445 HAMILTON AVENUE, SUITE 1210, WHITE PLAINS NY 10601
Icahn Capital Lp other: no longer a 10% holder 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Iph Gp Llc other: no longer a 10% holder 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Icahn Onshore Lp other: no longer a 10% holder 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Icahn Offshore Lp other: no longer a 10% holder 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Icahn Enterprises G.p. Inc. other: no longer a 10% holder 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Beckton Corp other: no longer a 10% holder 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Icahn Enterprises Holdings L.p. other: no longer a 10% holder 16690 COLLINS AVE,, PH, SUNNY ISLES FL 33160
Barberry Corp /ny/ other: no longer a 10% holder 16630 COLLINS AVENUE, PH, SUNNY ISLES FL 33160
Icahn Partners Master Fund Ii L.p. other: no longer a 10% holder 445 HAMILTON AVENUE, SUITE 1210, WHITE PLAINS NY 10601

BB Liquidating (BB Liquidating) Headlines

No Headlines