GBHL (Global Entertainment Holdings) ROA %: -78.52% (As of Sep. 2011)

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What is Global Entertainment Holdings ROA %?

Global Entertainment Holdings GBHL -99.00% ROA % is -78.52% as of Sep. 2011.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Global Entertainment Holdings's annualized Net Income for the quarter that ended in Sep. 2011 was $-0.76 Mil. Global Entertainment Holdings's average Total Assets over the quarter that ended in Sep. 2011 was $0.97 Mil. Therefore, Global Entertainment Holdings's annualized ROA % for the quarter that ended in Sep. 2011 was -78.52%.

The historical rank and industry rank for Global Entertainment Holdings's ROA % or its related term are showing as below:

GBHL's ROA % is not ranked *
in the Media - Diversified industry.
Industry Median: 0.74
* Ranked among companies with meaningful ROA % only.

Global Entertainment Holdings  (OTCPK:GBHL) 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: Sep. 2011 )
=Net Income/Total Assets
=-0.764/0.973
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.764 / 0)*(0 / 0.973)
=Net Margin %*Asset Turnover
=N/A %*0
=-78.52 %

Note: The Net Income data used here is four times the quarterly (Sep. 2011) net income data. The Revenue data used here is four times the quarterly (Sep. 2011) 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.


Global Entertainment Holdings ROA % Related Terms


Global Entertainment Holdings ROA % Historical Data

* Premium members only.

The historical data trend for Global Entertainment Holdings'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.

Global Entertainment Holdings ROA % Chart

Global Entertainment Holdings Annual Data
Trend Dec01 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
ROA %
Get a 7-Day Free Trial -90.45 -11.02 -26.52 -32.85 -32.96

Global Entertainment Holdings Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 -18.79 -230.25 5.06 -6.87 -78.52

GBHL vs FLCR, ASKH: ROA % Comparison

For the Entertainment subindustry, Global Entertainment Holdings'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.


Global Entertainment Holdings ROA % vs Media - Diversified Industry

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

* The bar in red indicates where Global Entertainment Holdings's ROA % falls into.



Global Entertainment Holdings ROA % Calculation

Global Entertainment Holdings'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 )
=-0.235/( (0.536+0.89)/ 2 )
=-0.235/0.713
=-32.96 %

Global Entertainment Holdings's annualized ROA % for the quarter that ended in Sep. 2011 is calculated as:

ROA %=Net Income (Q: Sep. 2011 )/( (Total Assets (Q: Jun. 2011 )+Total Assets (Q: Sep. 2011 ))/ count )
=-0.764/( (0.974+0.972)/ 2 )
=-0.764/0.973
=-78.52 %

* 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 (Sep. 2011) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -78.52% mean?
Global Entertainment Holdings (GBHL) has a ROA % of -78.52% as of Sep. 2011. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Global Entertainment Holdings and its competitors.
Is Global Entertainment Holdings' ROA % too high?
Global Entertainment Holdings' current ROA % is -78.52%.
How does Global Entertainment Holdings' ROA % compare to FLCR and ASKH?
Global Entertainment Holdings' ROA % of -78.52% can be compared against companies in the Media - Diversified industry. The industry median ROA % is 0.74. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Media - Diversified company?
The median ROA % among Media - Diversified companies is 0.74, based on 1,032 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Global Entertainment Holdings and its competitors. For the Media - Diversified industry, the median ROA % is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Entertainment Holdings's current ROA % is -78.52%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Entertainment Holdings stock overvalued right now?
Global Entertainment Holdings (GBHL) has a current ROA % of -78.52%. The current ROA % is -78.52%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Global Entertainment Holdings (GBHL), the current ROA % is -78.52% as of Sep. 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.

Global Entertainment Holdings Business Description

Address 4915 E Hunter Avenue, Suite 8-259, Anaheim, CA, USA, 92807
Global Entertainment Holdings Inc is an independent entertainment content production and OTT streaming distribution company that connects with audiences through compelling motion picture content and social media websites. It is engaged in the production, financing, and sales of motion pictures and other entertainment-related content, as well as developing OTT streaming channels, conducted through its subsidiary.