GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Talon International Inc (OTCPK:TALN) » Definitions » ROA %

Talon International (Talon International) ROA % : -1.46% (As of Sep. 2017)


View and export this data going back to 1998. Start your Free Trial

What is Talon International ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Talon International's annualized Net Income for the quarter that ended in Sep. 2017 was $-0.31 Mil. Talon International's average Total Assets over the quarter that ended in Sep. 2017 was $21.43 Mil. Therefore, Talon International's annualized ROA % for the quarter that ended in Sep. 2017 was -1.46%.

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

TALN's ROA % is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 1.92
* Ranked among companies with meaningful ROA % only.

Talon International ROA % Historical Data

The historical data trend for Talon International'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.

Talon International ROA % Chart

Talon International Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.84 49.27 2.97 2.75 4.92

Talon International Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 0.40 -0.64 0.12 11.35 -1.46

Competitive Comparison of Talon International's ROA %

For the Apparel Manufacturing subindustry, Talon International'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.


Talon International's ROA % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Talon International's ROA % distribution charts can be found below:

* The bar in red indicates where Talon International's ROA % falls into.



Talon International ROA % Calculation

Talon International's annualized ROA % for the fiscal year that ended in Dec. 2016 is calculated as:

ROA %=Net Income (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=0.995/( (19.265+21.155)/ 2 )
=0.995/20.21
=4.92 %

Talon International's annualized ROA % for the quarter that ended in Sep. 2017 is calculated as:

ROA %=Net Income (Q: Sep. 2017 )/( (Total Assets (Q: Jun. 2017 )+Total Assets (Q: Sep. 2017 ))/ count )
=-0.312/( (22.313+20.537)/ 2 )
=-0.312/21.425
=-1.46 %

* 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. 2017) net income data. ROA % is displayed in the 30-year financial page.


Talon International  (OTCPK:TALN) 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. 2017 )
=Net Income/Total Assets
=-0.312/21.425
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.312 / 39.156)*(39.156 / 21.425)
=Net Margin %*Asset Turnover
=-0.8 %*1.8276
=-1.46 %

Note: The Net Income data used here is four times the quarterly (Sep. 2017) net income data. The Revenue data used here is four times the quarterly (Sep. 2017) 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.


Talon International ROA % Related Terms

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


Talon International (Talon International) Business Description

Traded in Other Exchanges
N/A
Address
21900 Burbank Boulevard, Suite 101, Woodland Hills, CA, USA, 91367
Talon International Inc and subsidiaries is an apparel company that specializes in the distribution of trim items to manufacturers of fashion apparel, specialty retailers and mass merchandisers. The company acts as a full-service outsourced trim management department for manufacturers, a specified supplier of trim items to owners of specific brands, brand licensees and retailers, a manufacturer and distributor of zippers under the Talon brand name and a distributor of stretch waistbands that utilize licensed patented technology under the Tekfit/Adjustec brand name.
Executives
Morris D Weiss director 1221 YELLOWSTONE, PO BOX 2120, OSBORN ID 83849
Mark Dyne director, 10 percent owner C/O BRILLIANT DIGITAL ENTERTAINMENT INC, 6355 TOPANGA CANYON BLVD, SUITE 520, WOODLAND HILLS CA 91367
Michael Falk other: See Remarks 830 THIRD AVENUE, 4TH FLOOR, NEW YORK NY 10017
Robert L Priddy other: See Remarks 9955 AIRTRAN BLVD., *, ORLANDO FL 32827
Michael F Snyder director VONAGE HOLDINGS CORP 23 MAIN STREET HOLMDEL NJ 07733
William Sweedler director C/O ICONIX BRAND GROUP, INC. 1450 BROADWAY, 4TH FLOOR NEW YORK NY 10018
Raymond Musci director C/O BRILLIANT DIGITAL ENTERTAINMENT INC, 6355 TOPANGA CANYON BOULEVARD SUITE 520, WOODLAND HILLS CA 91367
Sanders Morris Harris Inc/fa 10 percent owner 600 TRAVIS, SUITE 5900, HOUSTON TX 77002

Talon International (Talon International) Headlines

No Headlines