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GlobalSCAPE (GlobalSCAPE) ROA % : 36.29% (As of Jun. 2020)


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What is GlobalSCAPE ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. GlobalSCAPE's annualized Net Income for the quarter that ended in Jun. 2020 was $14.00 Mil. GlobalSCAPE's average Total Assets over the quarter that ended in Jun. 2020 was $38.59 Mil. Therefore, GlobalSCAPE's annualized ROA % for the quarter that ended in Jun. 2020 was 36.29%.

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

GSB's ROA % is not ranked *
in the Software industry.
Industry Median: 1
* Ranked among companies with meaningful ROA % only.

GlobalSCAPE ROA % Historical Data

The historical data trend for GlobalSCAPE'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.

GlobalSCAPE ROA % Chart

GlobalSCAPE Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.94 7.62 2.68 8.40 38.43

GlobalSCAPE Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 38.53 36.96 38.86 26.63 36.29

Competitive Comparison of GlobalSCAPE's ROA %

For the Software - Application subindustry, GlobalSCAPE'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.


GlobalSCAPE's ROA % Distribution in the Software Industry

For the Software industry and Technology sector, GlobalSCAPE's ROA % distribution charts can be found below:

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



GlobalSCAPE ROA % Calculation

GlobalSCAPE's annualized ROA % for the fiscal year that ended in Dec. 2019 is calculated as:

ROA %=Net Income (A: Dec. 2019 )/( (Total Assets (A: Dec. 2018 )+Total Assets (A: Dec. 2019 ))/ count )
=13.267/( (34.492+34.559)/ 2 )
=13.267/34.5255
=38.43 %

GlobalSCAPE's annualized ROA % for the quarter that ended in Jun. 2020 is calculated as:

ROA %=Net Income (Q: Jun. 2020 )/( (Total Assets (Q: Mar. 2020 )+Total Assets (Q: Jun. 2020 ))/ count )
=14.004/( (36.607+40.565)/ 2 )
=14.004/38.586
=36.29 %

* 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. 2020) net income data. ROA % is displayed in the 30-year financial page.


GlobalSCAPE  (AMEX:GSB) 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. 2020 )
=Net Income/Total Assets
=14.004/38.586
=(Net Income / Revenue)*(Revenue / Total Assets)
=(14.004 / 40.124)*(40.124 / 38.586)
=Net Margin %*Asset Turnover
=34.9 %*1.0399
=36.29 %

Note: The Net Income data used here is four times the quarterly (Jun. 2020) net income data. The Revenue data used here is four times the quarterly (Jun. 2020) 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.


GlobalSCAPE ROA % Related Terms

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GlobalSCAPE (GlobalSCAPE) Business Description

Traded in Other Exchanges
N/A
Address
4500 Lockhill-Selma, Suite 150, San Antonio, TX, USA, 78249
GlobalSCAPE Inc is a US-based company involved in the business of development and sale of computer software that provides secure information exchange, data transfer and sharing capabilities for enterprises and consumers. Its primary business is selling and supporting managed file transfer (MFT) software for enterprises based on the Enhanced File Transfer (EFT) platform.
Executives
Mark C Hood officer: Chief Operating Officer C/O CROSSROADS SYSTEMS, INC., 11000 N. MOPAC EXPRESSWAY #150, AUSTIN TX 78759
David L Mann director 4500 LOCKHILL SELMA, SUITE 150 SAN ANTONIO TX 78249
David Christopher Mello officer: EVP of Technical Services 4500 LOCKHILL SELMA STE 150 SAN ANTONIO TX 78249
Karen J. Young officer: Chief Financial Officer 12211 HART CREST SAN ANTONIO TX 78249
Thomas Enfield Hicks director 1803 CENTURY OAK TRAIL SAN ANTONIO TX 78232
Michael Patrick Canavan officer: EVP of Sales & Marketing 4500 LOCKHILL-SELMA, SUITE 150 SAN ANTONIO TX 78249
Covenant Rha Partners, L.p. 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 650, DALLAS TX 75225
C Clark Webb director, 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Robert H Alpert director, 10 percent owner, officer: Chief Executive Officer 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Ccw/law Holdings, Llc 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
210/gsb Acquisition Partners, Llc 10 percent owner 8214 WESTCHESTER DRIVE SUITE 950 DALLAS TX 75225
210 Capital, Llc 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Rha Investments, Inc. 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Frank M Morgan director 4500 LOCKHILL SELMA, SUITE 150 SAN ANTONIO TX 78249
Matthew Craig Goulet director, officer: President and CEO 4500 LOCKHILL-SELMA SUITE 150 SAN ANTONIO TX 78254