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Almost Family (Almost Family) ROA % : 4.87% (As of Dec. 2017)


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What is Almost Family ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Almost Family's annualized Net Income for the quarter that ended in Dec. 2017 was $35.3 Mil. Almost Family's average Total Assets over the quarter that ended in Dec. 2017 was $724.8 Mil. Therefore, Almost Family's annualized ROA % for the quarter that ended in Dec. 2017 was 4.87%.

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

AFAM's ROA % is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 1.255
* Ranked among companies with meaningful ROA % only.

Almost Family ROA % Historical Data

The historical data trend for Almost Family'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.

Almost Family ROA % Chart

Almost Family Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.75 3.97 4.94 3.14 2.97

Almost Family Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 2.44 2.11 2.65 1.74 4.87

Competitive Comparison of Almost Family's ROA %

For the Medical Care Facilities subindustry, Almost Family'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.


Almost Family's ROA % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Almost Family's ROA % distribution charts can be found below:

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



Almost Family ROA % Calculation

Almost Family's annualized ROA % for the fiscal year that ended in Dec. 2017 is calculated as:

ROA %=Net Income (A: Dec. 2017 )/( (Total Assets (A: Dec. 2016 )+Total Assets (A: Dec. 2017 ))/ count )
=20.414/( (658.712+717.818)/ 2 )
=20.414/688.265
=2.97 %

Almost Family's annualized ROA % for the quarter that ended in Dec. 2017 is calculated as:

ROA %=Net Income (Q: Dec. 2017 )/( (Total Assets (Q: Sep. 2017 )+Total Assets (Q: Dec. 2017 ))/ count )
=35.336/( (731.873+717.818)/ 2 )
=35.336/724.8455
=4.87 %

* 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. 2017) net income data. ROA % is displayed in the 30-year financial page.


Almost Family  (NAS:AFAM) 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. 2017 )
=Net Income/Total Assets
=35.336/724.8455
=(Net Income / Revenue)*(Revenue / Total Assets)
=(35.336 / 802.472)*(802.472 / 724.8455)
=Net Margin %*Asset Turnover
=4.4 %*1.1071
=4.87 %

Note: The Net Income data used here is four times the quarterly (Dec. 2017) net income data. The Revenue data used here is four times the quarterly (Dec. 2017) 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.


Almost Family ROA % Related Terms

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Almost Family (Almost Family) Business Description

Traded in Other Exchanges
N/A
Address
Almost Family Inc is a provider of home health services. Its services include rehabilitation services such as physical therapy occupational therapy and speech therapy. It also provides specialty programs and senior care advocacy. The reportable segments of the company are home health, other home based services, and healthcare innovations.
Executives
Reed W Earl Iii director 9510 OMSBY SLATION ROAD, STE 300, LOIISVILLE KY 40223
Clifford S Holtz director 1801 CALIFORNIA, SUITE 5100, DENVER CO 80202
Jonathan Goldberg director 9510 OMSBY SLATION ROAD, STE 300, LOIISVILLE KY 40223
Tyree G Wilburn director
Altman Henry M Jr director 9510 ORMSBY STATION ROAD, SUITE 300, LOUISVILLE KY 40223
Daniel Schwartz officer: SVP & COO C/O ALMOST FAMILY INC., 9510 ORMSBY STATION, SUITE 300, LOUISVILLE KY 40223
Jeff Reibel officer: VP Finance & CAO 9510 ORMSBY STATION ROAD, SUITE 300, LOUISVILLE KY 40223
C Steven Guenthner officer: President & PFO 9510 ORMSBY STATION ROAD, SUITE 300, LOUISVILLE KY 40223
John Shermyen officer: SVP Healthcare Innovations 1800 PHOENIX BLVD., SUITE 120, COLLEGE PARK GA 30349
North Tide Capital, Llc 10 percent owner 500 BOYLSTON STREET, SUITE 1860, BOSTON MA 02116
Laughlin Conan 10 percent owner C/O NORTH TIDE CAPITAL, LLC, 500 BOYLSTON STREET, SUITE 1860, BOSTON MA 02116
North Tide Capital Master, Lp 10 percent owner C/O NORTH TIDE CAPITAL, LLC, 500 BOYLSTON STREET, SUITE 1860, BOSTON MA 02116
Wayne T Smith director 500 WEST MAIN STREET, LOUISVILLE KY 40202

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