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Color Imaging (Color Imaging) ROA % : 10.17% (As of Jun. 2005)


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What is Color Imaging ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Color Imaging's annualized Net Income for the quarter that ended in Jun. 2005 was $1.76 Mil. Color Imaging's average Total Assets over the quarter that ended in Jun. 2005 was $17.34 Mil. Therefore, Color Imaging's annualized ROA % for the quarter that ended in Jun. 2005 was 10.17%.

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

CIIG's ROA % is not ranked *
in the Industrial Products industry.
Industry Median: 3.57
* Ranked among companies with meaningful ROA % only.

Color Imaging ROA % Historical Data

The historical data trend for Color Imaging'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.

Color Imaging ROA % Chart

Color Imaging Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04
ROA %
Get a 7-Day Free Trial -3.87 0.25 0.94 2.55 2.68

Color Imaging Quarterly Data
Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05
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 4.38 2.36 1.33 5.27 10.17

Competitive Comparison of Color Imaging's ROA %

For the Business Equipment & Supplies subindustry, Color Imaging'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.


Color Imaging's ROA % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Color Imaging's ROA % distribution charts can be found below:

* The bar in red indicates where Color Imaging's ROA % falls into.



Color Imaging ROA % Calculation

Color Imaging's annualized ROA % for the fiscal year that ended in Dec. 2004 is calculated as:

ROA %=Net Income (A: Dec. 2004 )/( (Total Assets (A: Dec. 2003 )+Total Assets (A: Dec. 2004 ))/ count )
=0.464/( (17.895+16.696)/ 2 )
=0.464/17.2955
=2.68 %

Color Imaging's annualized ROA % for the quarter that ended in Jun. 2005 is calculated as:

ROA %=Net Income (Q: Jun. 2005 )/( (Total Assets (Q: Mar. 2005 )+Total Assets (Q: Jun. 2005 ))/ count )
=1.764/( (16.84+17.846)/ 2 )
=1.764/17.343
=10.17 %

* 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 (Jun. 2005) net income data. ROA % is displayed in the 30-year financial page.


Color Imaging  (OTCPK:CIIG) 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: Jun. 2005 )
=Net Income/Total Assets
=1.764/17.343
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.764 / 23.868)*(23.868 / 17.343)
=Net Margin %*Asset Turnover
=7.39 %*1.3762
=10.17 %

Note: The Net Income data used here is four times the quarterly (Jun. 2005) net income data. The Revenue data used here is four times the quarterly (Jun. 2005) 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.


Color Imaging ROA % Related Terms

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Color Imaging (Color Imaging) Business Description

Traded in Other Exchanges
N/A
Address
4350 Peachtree Industrial Boulevard, Suite 100, Norcross, GA, USA, 30071
Color Imaging Inc designs, develops, manufactures and markets products used in electronic photocopying and printing, including black text, specialty, full color and MICR and supplies other consumable products, including imaging drums.

Color Imaging (Color Imaging) Headlines