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Urban Barns Foods (Urban Barns Foods) Return-on-Tangible-Asset : 835.61% (As of Jan. 2016)


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What is Urban Barns Foods 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. Urban Barns Foods's annualized Net Income for the quarter that ended in Jan. 2016 was $4.04 Mil. Urban Barns Foods's average total tangible assets for the quarter that ended in Jan. 2016 was $0.48 Mil. Therefore, Urban Barns Foods's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2016 was 835.61%.

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

URBF's Return-on-Tangible-Asset is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 3.29
* Ranked among companies with meaningful Return-on-Tangible-Asset only.

Urban Barns Foods Return-on-Tangible-Asset Historical Data

The historical data trend for Urban Barns Foods'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.

Urban Barns Foods Return-on-Tangible-Asset Chart

Urban Barns Foods Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15
Return-on-Tangible-Asset
Get a 7-Day Free Trial -16.75 -260.52 -732.33 -370.71 -257.84

Urban Barns Foods Quarterly Data
Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16
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 -174.04 -286.28 29.08 -1,238.29 835.61

Competitive Comparison of Urban Barns Foods's Return-on-Tangible-Asset

For the Farm Products subindustry, Urban Barns Foods'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.


Urban Barns Foods's Return-on-Tangible-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Urban Barns Foods's Return-on-Tangible-Asset distribution charts can be found below:

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



Urban Barns Foods Return-on-Tangible-Asset Calculation

Urban Barns Foods's annualized Return-on-Tangible-Asset for the fiscal year that ended in Jul. 2015 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(A: Jul. 2015 )  (A: Jul. 2014 )(A: Jul. 2015 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(A: Jul. 2015 )  (A: Jul. 2014 )(A: Jul. 2015 )
=-1.636/( (0.725+0.544)/ 2 )
=-1.636/0.6345
=-257.84 %

Urban Barns Foods's annualized Return-on-Tangible-Asset for the quarter that ended in Jan. 2016 is calculated as:

Return-on-Tangible-Asset=Net Income/( (Total Tangible Assets+Total Tangible Assets)/ count )
(Q: Jan. 2016 )  (Q: Oct. 2015 )(Q: Jan. 2016 )
=Net Income/( (Total Assets - Intangible Assets+Total Assets - Intangible Assets)/ count )
(Q: Jan. 2016 )  (Q: Oct. 2015 )(Q: Jan. 2016 )
=4.036/( (0.511+0.455)/ 2 )
=4.036/0.483
=835.61 %

* 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 (Jan. 2016) net income data.


Urban Barns Foods  (OTCPK:URBF) 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.


Urban Barns Foods Return-on-Tangible-Asset Related Terms

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Urban Barns Foods (Urban Barns Foods) Business Description

Traded in Other Exchanges
N/A
Address
13000 Chemin Bélanger, Mirabel, QC, CAN, J7J 2N8
Urban Barns Foods Inc is a produce production company, or grower, that aims to be the supplier of choice for fresh, locally grown, Kosher-certified, organic, or high-quality fruits and vegetables for urban consumers. The company's strategy is to develop a series of urban barns that are used to grow fruits and vegetables in several urban centers, beginning with Montreal, Canada. They offer multiple varieties of lettuce, basil, and various herbs. The company derives revenue from the sale of agricultural products.
Executives
Jeremy Kendall director 17121 MISSISSAUGA RD, BELFOUNTAIN A6 00000

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