GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » American International Industries Inc (OTCPK:AMIN) » Definitions » ROA %

American International Industries (American International Industries) ROA % : -13.13% (As of Sep. 2015)


View and export this data going back to . Start your Free Trial

What is American International Industries ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. American International Industries's annualized Net Income for the quarter that ended in Sep. 2015 was $-1.08 Mil. American International Industries's average Total Assets over the quarter that ended in Sep. 2015 was $8.19 Mil. Therefore, American International Industries's annualized ROA % for the quarter that ended in Sep. 2015 was -13.13%.

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

AMIN's ROA % is not ranked *
in the Conglomerates industry.
Industry Median: 2.365
* Ranked among companies with meaningful ROA % only.

American International Industries ROA % Historical Data

The historical data trend for American International Industries'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.

American International Industries ROA % Chart

American International Industries Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 -13.94 -11.38 -11.41 -17.64

American International Industries Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 14.23 -61.71 -42.42 -12.02 -13.13

Competitive Comparison of American International Industries's ROA %

For the Conglomerates subindustry, American International Industries'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.


American International Industries's ROA % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, American International Industries's ROA % distribution charts can be found below:

* The bar in red indicates where American International Industries's ROA % falls into.



American International Industries ROA % Calculation

American International Industries's annualized ROA % for the fiscal year that ended in Dec. 2014 is calculated as:

ROA %=Net Income (A: Dec. 2014 )/( (Total Assets (A: Dec. 2013 )+Total Assets (A: Dec. 2014 ))/ count )
=-2.415/( (14.722+12.655)/ 2 )
=-2.415/13.6885
=-17.64 %

American International Industries's annualized ROA % for the quarter that ended in Sep. 2015 is calculated as:

ROA %=Net Income (Q: Sep. 2015 )/( (Total Assets (Q: Jun. 2015 )+Total Assets (Q: Sep. 2015 ))/ count )
=-1.076/( (8.334+8.05)/ 2 )
=-1.076/8.192
=-13.13 %

* 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 (Sep. 2015) net income data. ROA % is displayed in the 30-year financial page.


American International Industries  (OTCPK:AMIN) 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: Sep. 2015 )
=Net Income/Total Assets
=-1.076/8.192
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.076 / 0.008)*(0.008 / 8.192)
=Net Margin %*Asset Turnover
=-13450 %*0.001
=-13.13 %

Note: The Net Income data used here is four times the quarterly (Sep. 2015) net income data. The Revenue data used here is four times the quarterly (Sep. 2015) 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.


American International Industries ROA % Related Terms

Thank you for viewing the detailed overview of American International Industries's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


American International Industries (American International Industries) Business Description

Traded in Other Exchanges
N/A
Address
601 Cien Street, Suite 235, Kemah, TX, USA, 77565-3077
American International Industries Inc operates as a diversified holding company. The company has interests in industrial, oil and gas, oilfield supply and service companies, and interests in an undeveloped real estate in the Galveston Bay, Texas area. American International serves both as a financial and professional business savvy partner for its subsidiaries. The company has the following reporting segments - American International Holdings Corp, American International Texas Properties Inc, Brenham Oil, and Gas.
Executives
Daniel Dror officer: Chairman & CEO 601 HANSON RD, KEMAH TX 77565-2701
Sherry Lynne Couturier officer: CFO 601 CIEN STREET, STE. 235, KEMAH TX 77565
Craft Thomas J Jr director 11000 PROSPERITY FARMS ROAD, SUITE 101, PALM BEACH GARDENS FL 33401
Steven M Plumb director 5300 NORTH BREASEWOOD, PMB #370, HOUSTON TX 77096-3317
Stump John W Iii other: Former Director 601 CIEN RD, SUITE 235, KEMAH TX 77565-3077
Gary D Woerz other: Former CFO 601 CIEN RD, SUITE 235, KEMAH TX 77565