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Leeward Group Holdings (Leeward Group Holdings) Return-on-Tangible-Asset : 61.54% (As of Mar. 2011)


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What is Leeward Group Holdings 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. Leeward Group Holdings's annualized Net Income for the quarter that ended in Mar. 2011 was $0.11 Mil. Leeward Group Holdings's average total tangible assets for the quarter that ended in Mar. 2011 was $0.18 Mil. Therefore, Leeward Group Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2011 was 61.54%.

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

PCPZ's Return-on-Tangible-Asset is not ranked *
in the Business Services industry.
Industry Median: 4.06
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Leeward Group Holdings Return-on-Tangible-Asset Historical Data

The historical data trend for Leeward Group Holdings'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.

Leeward Group Holdings Return-on-Tangible-Asset Chart

Leeward Group Holdings Annual Data
Trend May07 May08 May09 Dec10
Return-on-Tangible-Asset
-30.65 -169.41 -446.15 -288.24

Leeward Group Holdings Quarterly Data
May07 Aug07 Nov07 Feb08 May08 Aug08 Nov08 Feb09 May09 Aug09 Nov09 Feb10 Jun10 Sep10 Dec10 Mar11
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 -524.14 -178.74 -3.97 -116.41 61.54

Competitive Comparison of Leeward Group Holdings's Return-on-Tangible-Asset

For the Security & Protection Services subindustry, Leeward Group Holdings'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.


Leeward Group Holdings's Return-on-Tangible-Asset Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Leeward Group Holdings's Return-on-Tangible-Asset distribution charts can be found below:

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



Leeward Group Holdings Return-on-Tangible-Asset Calculation

Leeward Group Holdings's annualized Return-on-Tangible-Asset for the fiscal year that ended in Dec. 2010 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Dec. 2010 )  (A: May. 2009 )(A: Dec. 2010 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Dec. 2010 )  (A: May. 2009 )(A: Dec. 2010 )
=-0.245/( (0.003+0.167)/ 2 )
=-0.245/0.085
=-288.24 %

Leeward Group Holdings's annualized Return-on-Tangible-Asset for the quarter that ended in Mar. 2011 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Mar. 2011 )  (Q: Dec. 2010 )(Q: Mar. 2011 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Mar. 2011 )  (Q: Dec. 2010 )(Q: Mar. 2011 )
=0.112/( (0.167+0.197)/ 2 )
=0.112/0.182
=61.54 %

* 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. 2011) net income data.


Leeward Group Holdings  (GREY:PCPZ) 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.


Leeward Group Holdings Return-on-Tangible-Asset Related Terms

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Leeward Group Holdings (Leeward Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
65 S. Main Street, Suite A300, Pennington, NJ, USA, 08543
Website
Leeward Group Holdings Inc is a development stage company, through its wholly owned subsidiary, is engaged in the establishment of a customer service oriented security firm specializing in uniformed guard services and private investigations services.

Leeward Group Holdings (Leeward Group Holdings) Headlines

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