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Alexco Resource (Alexco Resource) ROA % : -219.11% (As of Jun. 2022)


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What is Alexco Resource ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Alexco Resource's annualized Net Income for the quarter that ended in Jun. 2022 was $-296.98 Mil. Alexco Resource's average Total Assets over the quarter that ended in Jun. 2022 was $135.54 Mil. Therefore, Alexco Resource's annualized ROA % for the quarter that ended in Jun. 2022 was -219.11%.

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

AXU' s ROA % Range Over the Past 10 Years
Min: -55.98   Med: -6.54   Max: 1.62
Current: -55.98

During the past 13 years, Alexco Resource's highest ROA % was 1.62%. The lowest was -55.98%. And the median was -6.54%.

AXU's ROA % is not ranked
in the Metals & Mining industry.
Industry Median: -14.955 vs AXU: -55.98

Alexco Resource ROA % Historical Data

The historical data trend for Alexco Resource'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.

Alexco Resource ROA % Chart

Alexco Resource Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.87 -6.50 -6.47 -19.95 -1.65

Alexco Resource Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
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 -5.55 8.13 -16.76 -21.53 -219.11

Competitive Comparison of Alexco Resource's ROA %

For the Other Precious Metals & Mining subindustry, Alexco Resource'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.


Alexco Resource's ROA % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alexco Resource's ROA % distribution charts can be found below:

* The bar in red indicates where Alexco Resource's ROA % falls into.



Alexco Resource ROA % Calculation

Alexco Resource's annualized ROA % for the fiscal year that ended in Dec. 2021 is calculated as:

ROA %=Net Income (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=-2.458/( (134.021+164.345)/ 2 )
=-2.458/149.183
=-1.65 %

Alexco Resource's annualized ROA % for the quarter that ended in Jun. 2022 is calculated as:

ROA %=Net Income (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=-296.976/( (167.821+103.254)/ 2 )
=-296.976/135.5375
=-219.11 %

* 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 (Jun. 2022) net income data. ROA % is displayed in the 30-year financial page.


Alexco Resource  (AMEX:AXU) 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: Jun. 2022 )
=Net Income/Total Assets
=-296.976/135.5375
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-296.976 / 12.348)*(12.348 / 135.5375)
=Net Margin %*Asset Turnover
=-2405.05 %*0.0911
=-219.11 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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.


Alexco Resource ROA % Related Terms

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Alexco Resource (Alexco Resource) Business Description

Traded in Other Exchanges
N/A
Address
Two Bentall Centre, 555 Burrard Street, Suite 1225, Box 216, Vancouver, BC, CAN, V7X 1M9
Alexco Resource Corp is engaged in mineral exploration, and mine development and operational activities primarily in Yukon Territory, Canada. The company explores silver, lead, zinc, and gold deposits. The firm's projects include Keno Hill Silver District, Flame and Moth, Bermingham, Lucky Queen, Bellekeno, and others.