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CSS Industries (CSS Industries) ROA % : 8.41% (As of Dec. 2019)


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What is CSS Industries ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. CSS Industries's annualized Net Income for the quarter that ended in Dec. 2019 was $29.0 Mil. CSS Industries's average Total Assets over the quarter that ended in Dec. 2019 was $344.5 Mil. Therefore, CSS Industries's annualized ROA % for the quarter that ended in Dec. 2019 was 8.41%.

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

CSS's ROA % is not ranked *
in the Retail - Cyclical industry.
Industry Median: 2.195
* Ranked among companies with meaningful ROA % only.

CSS Industries ROA % Historical Data

The historical data trend for CSS 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.

CSS Industries ROA % Chart

CSS Industries Annual Data
Trend Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.62 5.57 8.78 -10.37 -16.46

CSS Industries Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 -7.30 -28.84 -18.56 4.10 8.41

Competitive Comparison of CSS Industries's ROA %

For the Specialty Retail subindustry, CSS 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.


CSS Industries's ROA % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, CSS Industries's ROA % distribution charts can be found below:

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



CSS Industries ROA % Calculation

CSS Industries's annualized ROA % for the fiscal year that ended in Mar. 2019 is calculated as:

ROA %=Net Income (A: Mar. 2019 )/( (Total Assets (A: Mar. 2018 )+Total Assets (A: Mar. 2019 ))/ count )
=-53.545/( (365.188+285.595)/ 2 )
=-53.545/325.3915
=-16.46 %

CSS Industries's annualized ROA % for the quarter that ended in Dec. 2019 is calculated as:

ROA %=Net Income (Q: Dec. 2019 )/( (Total Assets (Q: Sep. 2019 )+Total Assets (Q: Dec. 2019 ))/ count )
=28.964/( (350.504+338.421)/ 2 )
=28.964/344.4625
=8.41 %

* 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 (Dec. 2019) net income data. ROA % is displayed in the 30-year financial page.


CSS Industries  (NYSE:CSS) 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: Dec. 2019 )
=Net Income/Total Assets
=28.964/344.4625
=(Net Income / Revenue)*(Revenue / Total Assets)
=(28.964 / 451.728)*(451.728 / 344.4625)
=Net Margin %*Asset Turnover
=6.41 %*1.3114
=8.41 %

Note: The Net Income data used here is four times the quarterly (Dec. 2019) net income data. The Revenue data used here is four times the quarterly (Dec. 2019) 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.


CSS Industries ROA % Related Terms

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


CSS Industries (CSS Industries) Business Description

Traded in Other Exchanges
N/A
Address
450 Plymouth Road, Suite 300, Plymouth Meeting, PA, USA, 19462
CSS Industries Inc is a consumer products company. It is focused on the seasonal, gift and craft categories. The company engages in the creative development, manufacture, procurement, distribution, and sale of products with an omni-channel approach focused primarily on mass market retailers.
Executives
Philip R Broenniman director C/O CSS INDUSTRIES, INC., 450 PLYMOUTH ROAD, SUITE 300, PLYMOUTH MEETING PA 19462
Robert E Chappell director C/O GLATFELTER, 96 S GEORGE ST STE 420, YORK PA 17401
Keith W Pfeil officer: Exec. VP and CFO GLOBUS MEDICAL, INC., 2560 GENERAL ARMISTEAD AVENUE, AUDUBON PA 19403
Steven W Eck officer: VP - Finance and Accounting C/O CSS INDUSTRIES, INC., 450 PLYMOUTH ROAD, SUITE 300, PLYMOUTH MEETING PA 19462
Scott A Beaumont director C/O CSS INDUSTRIES, INC., 450 PLYMOUTH ROAD, SUITE 300, PLYMOUTH MEETING PA 19462
John J Gavin director GMS INC., 100 CRESCENT CENTRE PARKWAY, SUITE 800, TUCKER GA 30084
James E Ksansnak director ARAMARK CORPORATION, 1101 MARKET STREET, PHILADELPHIA PA 19107

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