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Caliber Imaging & Diagnostics (Caliber Imaging & Diagnostics) ROA % : -315.60% (As of Mar. 2014)


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What is Caliber Imaging & Diagnostics ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Caliber Imaging & Diagnostics's annualized Net Income for the quarter that ended in Mar. 2014 was $-7.29 Mil. Caliber Imaging & Diagnostics's average Total Assets over the quarter that ended in Mar. 2014 was $2.31 Mil. Therefore, Caliber Imaging & Diagnostics's annualized ROA % for the quarter that ended in Mar. 2014 was -315.60%.

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

LCDX's ROA % is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: -2.055
* Ranked among companies with meaningful ROA % only.

Caliber Imaging & Diagnostics ROA % Historical Data

The historical data trend for Caliber Imaging & Diagnostics'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.

Caliber Imaging & Diagnostics ROA % Chart

Caliber Imaging & Diagnostics Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13
ROA %
-632.97 -324.02 -218.01 -221.17 -219.20

Caliber Imaging & Diagnostics Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14
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 -195.23 -154.44 -161.50 -154.37 -315.60

Competitive Comparison of Caliber Imaging & Diagnostics's ROA %

For the Medical Devices subindustry, Caliber Imaging & Diagnostics'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.


Caliber Imaging & Diagnostics's ROA % Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Caliber Imaging & Diagnostics's ROA % distribution charts can be found below:

* The bar in red indicates where Caliber Imaging & Diagnostics's ROA % falls into.



Caliber Imaging & Diagnostics ROA % Calculation

Caliber Imaging & Diagnostics's annualized ROA % for the fiscal year that ended in Dec. 2013 is calculated as:

ROA %=Net Income (A: Dec. 2013 )/( (Total Assets (A: Dec. 2012 )+Total Assets (A: Dec. 2013 ))/ count )
=-5.479/( (2.591+2.408)/ 2 )
=-5.479/2.4995
=-219.20 %

Caliber Imaging & Diagnostics's annualized ROA % for the quarter that ended in Mar. 2014 is calculated as:

ROA %=Net Income (Q: Mar. 2014 )/( (Total Assets (Q: Dec. 2013 )+Total Assets (Q: Mar. 2014 ))/ count )
=-7.292/( (2.408+2.213)/ 2 )
=-7.292/2.3105
=-315.60 %

* 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 (Mar. 2014) net income data. ROA % is displayed in the 30-year financial page.


Caliber Imaging & Diagnostics  (OTCPK:LCDX) 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: Mar. 2014 )
=Net Income/Total Assets
=-7.292/2.3105
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-7.292 / 3.432)*(3.432 / 2.3105)
=Net Margin %*Asset Turnover
=-212.47 %*1.4854
=-315.60 %

Note: The Net Income data used here is four times the quarterly (Mar. 2014) net income data. The Revenue data used here is four times the quarterly (Mar. 2014) 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.


Caliber Imaging & Diagnostics ROA % Related Terms

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Caliber Imaging & Diagnostics (Caliber Imaging & Diagnostics) Business Description

Traded in Other Exchanges
N/A
Address
100 Burtt Road, Suite 203, Andover, MA, USA, 01810
Caliber Imaging & Diagnostics Inc is a medical device company engaged in developing, manufacturing, marketing & selling point-of-care cellular imaging systems to diagnose skin cancer. It offers clinical imaging and research imaging solutions that shows tissue at the cellular level. Its products portfolio includes; VivaScope; VivaScope 3000, 1500 & 2500; and VivaNet and VivaScan.
Executives
Paul Stuka director C/O OSIRIS PARTNERS, LLC, ONE LIBERTY SQUARE, 5TH FLOOR, BOSTON MA 02109
William J Shea director, 10 percent owner 11825 N PENNSYLVANIA ST, CARMEL IN 46032
Kevin M Cronin director
Richard Christopher officer: Chief Financial Officer C/O LUCID, INC., 50 METHODIST HILL DR, SUITE 1000, ROCHESTER NY 14623
Martin Joseph Joyce officer: Chief Financial Officer 1050 HINGHAM STREET, ROCKLAND MA 02370
Matthew S Cox director 58 OAKWOOD DRIVE, CHAPEL HILL NC 27517

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