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ProUroCare Medical (ProUroCare Medical) ROA % : -352.48% (As of Sep. 2013)


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What is ProUroCare Medical ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. ProUroCare Medical's annualized Net Income for the quarter that ended in Sep. 2013 was $-1.63 Mil. ProUroCare Medical's average Total Assets over the quarter that ended in Sep. 2013 was $0.46 Mil. Therefore, ProUroCare Medical's annualized ROA % for the quarter that ended in Sep. 2013 was -352.48%.

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

PUMD's ROA % is not ranked *
in the Medical Devices & Instruments industry.
Industry Median: -2.04
* Ranked among companies with meaningful ROA % only.

ProUroCare Medical ROA % Historical Data

The historical data trend for ProUroCare Medical'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.

ProUroCare Medical ROA % Chart

ProUroCare Medical Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -440.26 -641.48 -723.87 -506.26 -1,245.89

ProUroCare Medical Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 -430.08 -840.99 -909.01 -850.37 -352.48

Competitive Comparison of ProUroCare Medical's ROA %

For the Medical Devices subindustry, ProUroCare Medical'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.


ProUroCare Medical's ROA % Distribution in the Medical Devices & Instruments Industry

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

* The bar in red indicates where ProUroCare Medical's ROA % falls into.



ProUroCare Medical ROA % Calculation

ProUroCare Medical's annualized ROA % for the fiscal year that ended in Dec. 2012 is calculated as:

ROA %=Net Income (A: Dec. 2012 )/( (Total Assets (A: Dec. 2011 )+Total Assets (A: Dec. 2012 ))/ count )
=-2.959/( (0.24+0.235)/ 2 )
=-2.959/0.2375
=-1,245.89 %

ProUroCare Medical's annualized ROA % for the quarter that ended in Sep. 2013 is calculated as:

ROA %=Net Income (Q: Sep. 2013 )/( (Total Assets (Q: Jun. 2013 )+Total Assets (Q: Sep. 2013 ))/ count )
=-1.632/( (0.342+0.584)/ 2 )
=-1.632/0.463
=-352.48 %

* 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. 2013) net income data. ROA % is displayed in the 30-year financial page.


ProUroCare Medical  (GREY:PUMD) 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. 2013 )
=Net Income/Total Assets
=-1.632/0.463
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.632 / 0)*(0 / 0.463)
=Net Margin %*Asset Turnover
=N/A %*0
=-352.48 %

Note: The Net Income data used here is four times the quarterly (Sep. 2013) net income data. The Revenue data used here is four times the quarterly (Sep. 2013) 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.


ProUroCare Medical ROA % Related Terms

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ProUroCare Medical (ProUroCare Medical) Business Description

Traded in Other Exchanges
N/A
Address
6440 Flying Cloud Drive, Suite 101, Eden Prairie, MN, USA, 55344
ProUroCare Medical Inc is engaged in developing products for the detection and characterization of male prostate disease. Its initial product is a prostate mechanical imaging device called the ProUroScan system.

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