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Osiris (Osiris) Return-on-Tangible-Asset : 82.80% (As of Mar. 2006)


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What is Osiris 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. Osiris's annualized Net Income for the quarter that ended in Mar. 2006 was $86.02 Mil. Osiris's average total tangible assets for the quarter that ended in Mar. 2006 was $103.89 Mil. Therefore, Osiris's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2006 was 82.80%.

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

OSRS's Return-on-Tangible-Asset is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 4.02
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Osiris Return-on-Tangible-Asset Historical Data

The historical data trend for Osiris'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.

Osiris Return-on-Tangible-Asset Chart

Osiris Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Jun05
Return-on-Tangible-Asset
-26.09 -82.29 -52.91 -55.28 -45.52

Osiris Quarterly Data
Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06
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 -21.47 - 15.19 12.49 82.80

Competitive Comparison of Osiris's Return-on-Tangible-Asset

For the Farm & Heavy Construction Machinery subindustry, Osiris'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.


Osiris's Return-on-Tangible-Asset Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Osiris's Return-on-Tangible-Asset distribution charts can be found below:

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



Osiris Return-on-Tangible-Asset Calculation

Osiris's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jun. 2005 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jun. 2005 )  (A: Dec. 2003 )(A: Jun. 2005 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jun. 2005 )  (A: Dec. 2003 )(A: Jun. 2005 )
=-20.686/( (0.137+90.747)/ 2 )
=-20.686/45.442
=-45.52 %

Osiris's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2006 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2006 )  (Q: Dec. 2005 )(Q: Mar. 2006 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2006 )  (Q: Dec. 2005 )(Q: Mar. 2006 )
=86.024/( (99.394+108.381)/ 2 )
=86.024/103.8875
=82.80 %

* 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. 2006) net income data.


Osiris  (OTCPK:OSRS) 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.


Osiris Return-on-Tangible-Asset Related Terms

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Osiris (Osiris) Business Description

Traded in Other Exchanges
N/A
Address
1818 North Farwell Avenue, Milwaukee, WI, USA, 53202
Osiris Corp manufactures and distributes Skid Steer and Mini Skid Steer loaders, attachments, mobile Screening Plants and six models of Mini Excavators and pneumatic and hydraulic systems and components for automation and motion control applications.
Executives
Ilan Danieli officer: Chief Operating Officer 14707 CALIFORNIA STREET, SUITE 5, OMAHA NE 68154
Michael W Woods director ONE MAIN ST, EVANSVILLE IN 47708

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