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Marketing Worldwide (Marketing Worldwide) Return-on-Tangible-Asset : 508.90% (As of Mar. 2013)


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What is Marketing Worldwide Return-on-Tangible-Asset?

Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Marketing Worldwide's annualized Net Income for the quarter that ended in Mar. 2013 was $5.89 Mil. Marketing Worldwide's average total tangible assets for the quarter that ended in Mar. 2013 was $1.16 Mil. Therefore, Marketing Worldwide's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2013 was 508.90%.

The historical rank and industry rank for Marketing Worldwide's Return-on-Tangible-Asset or its related term are showing as below:

MWWC's Return-on-Tangible-Asset is not ranked *
in the Media - Diversified industry.
Industry Median: 1.065
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Marketing Worldwide Return-on-Tangible-Asset Historical Data

The historical data trend for Marketing Worldwide's Return-on-Tangible-Asset 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.

Marketing Worldwide Return-on-Tangible-Asset Chart

Marketing Worldwide Annual Data
Trend Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11
Return-on-Tangible-Asset
Get a 7-Day Free Trial -100.13 -29.81 -45.70 -48.13 -105.40

Marketing Worldwide Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
Return-on-Tangible-Asset 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 251.42 -1,670.09 -1,642.54 1,382.56 508.90

Competitive Comparison of Marketing Worldwide's Return-on-Tangible-Asset

For the Entertainment subindustry, Marketing Worldwide's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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.


Marketing Worldwide's Return-on-Tangible-Asset Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Marketing Worldwide's Return-on-Tangible-Asset distribution charts can be found below:

* The bar in red indicates where Marketing Worldwide's Return-on-Tangible-Asset falls into.



Marketing Worldwide Return-on-Tangible-Asset Calculation

Marketing Worldwide's annualized Return-on-Tangible-Asset for the fiscal year that ended in Sep. 2011 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Sep. 2011 )  (A: Sep. 2010 )(A: Sep. 2011 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Sep. 2011 )  (A: Sep. 2010 )(A: Sep. 2011 )
=-2.274/( (2.811+1.504)/ 2 )
=-2.274/2.1575
=-105.40 %

Marketing Worldwide's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2013 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2013 )  (Q: Dec. 2012 )(Q: Mar. 2013 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2013 )  (Q: Dec. 2012 )(Q: Mar. 2013 )
=5.888/( (1.16+1.154)/ 2 )
=5.888/1.157
=508.90 %

* 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2013) net income data.


Marketing Worldwide  (OTCPK:MWWC) Return-on-Tangible-Asset Explanation

Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.


Be Aware

Like ROE and ROA, Return-on-Tangible-Asset 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. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a company’s tax rate and its interest payment. Return-on-Tangible-Asset 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 Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.


Marketing Worldwide Return-on-Tangible-Asset Related Terms

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Marketing Worldwide (Marketing Worldwide) Business Description

Traded in Other Exchanges
N/A
Address
16730 Creek Bend Drive, Sugar Land, TX, USA, 77478
Marketing Worldwide Corp through its wholly-owned subsidiary, Marketing Worldwide LLC, is engaged in the design, import and distribution of automotive accessories for motor vehicles in the automotive aftermarket industry. The Company intends to expand as an acquisition incubator, purchasing companies and patents built by passionate visionaries.