GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Integral Vision Inc (OTCPK:INVI) » Definitions » ROA %

Integral Vision (Integral Vision) ROA % : -320.63% (As of Jun. 2012)


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

What is Integral Vision ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Integral Vision's annualized Net Income for the quarter that ended in Jun. 2012 was $-2.04 Mil. Integral Vision's average Total Assets over the quarter that ended in Jun. 2012 was $0.64 Mil. Therefore, Integral Vision's annualized ROA % for the quarter that ended in Jun. 2012 was -320.63%.

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

INVI's ROA % is not ranked *
in the Industrial Products industry.
Industry Median: 3.54
* Ranked among companies with meaningful ROA % only.

Integral Vision ROA % Historical Data

The historical data trend for Integral Vision'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.

Integral Vision ROA % Chart

Integral Vision Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -385.18 -1,237.23 -333.86 -424.54 -568.78

Integral Vision Quarterly Data
Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12
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 -589.52 -487.53 -819.17 -306.28 -320.63

Competitive Comparison of Integral Vision's ROA %

For the Specialty Industrial Machinery subindustry, Integral Vision'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.


Integral Vision's ROA % Distribution in the Industrial Products Industry

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

* The bar in red indicates where Integral Vision's ROA % falls into.



Integral Vision ROA % Calculation

Integral Vision's annualized ROA % for the fiscal year that ended in Dec. 2011 is calculated as:

ROA %=Net Income (A: Dec. 2011 )/( (Total Assets (A: Dec. 2010 )+Total Assets (A: Dec. 2011 ))/ count )
=-3.097/( (0.532+0.557)/ 2 )
=-3.097/0.5445
=-568.78 %

Integral Vision's annualized ROA % for the quarter that ended in Jun. 2012 is calculated as:

ROA %=Net Income (Q: Jun. 2012 )/( (Total Assets (Q: Mar. 2012 )+Total Assets (Q: Jun. 2012 ))/ count )
=-2.036/( (0.924+0.346)/ 2 )
=-2.036/0.635
=-320.63 %

* 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. 2012) net income data. ROA % is displayed in the 30-year financial page.


Integral Vision  (OTCPK:INVI) 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. 2012 )
=Net Income/Total Assets
=-2.036/0.635
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.036 / 3.056)*(3.056 / 0.635)
=Net Margin %*Asset Turnover
=-66.62 %*4.8126
=-320.63 %

Note: The Net Income data used here is four times the quarterly (Jun. 2012) net income data. The Revenue data used here is four times the quarterly (Jun. 2012) 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.


Integral Vision ROA % Related Terms

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


Integral Vision (Integral Vision) Business Description

Traded in Other Exchanges
N/A
Address
49113 Wixom Tech Drive, Wixom, MI, USA, 48393
Integral Vision Inc develops, manufactures and markets flat panel display inspection systems to ensure product quality in the display manufacturing process.
Executives
Bonanza Capital Ltd 10 percent owner 300 CRESCENT COURT, SUITE 250, DALLAS TX 75201
Bonanza Master Fund Ltd 10 percent owner C/O J.D. CLARK & CO., 2225 WASHINGTON BLVD., SUITE 300, OGDEN UT 84401
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022

Integral Vision (Integral Vision) Headlines

No Headlines