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San Juan Basin Royalty Trust (San Juan Basin Royalty Trust) ROA %

: 273.62% (As of Dec. 2023)
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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. San Juan Basin Royalty Trust's annualized Net Income for the quarter that ended in Dec. 2023 was $14.53 Mil. San Juan Basin Royalty Trust's average Total Assets over the quarter that ended in Dec. 2023 was $5.31 Mil. Therefore, San Juan Basin Royalty Trust's annualized ROA % for the quarter that ended in Dec. 2023 was 273.62%.

The historical rank and industry rank for San Juan Basin Royalty Trust's ROA % or its related term are showing as below:

SJT' s ROA % Range Over the Past 10 Years
Min: 111.58   Med: 267.1   Max: 843.97
Current: 553.66

During the past 13 years, San Juan Basin Royalty Trust's highest ROA % was 843.97%. The lowest was 111.58%. And the median was 267.10%.

SJT's ROA % is ranked better than
99.63% of 1088 companies
in the Oil & Gas industry
Industry Median: 2.64 vs SJT: 553.66

San Juan Basin Royalty Trust ROA % Historical Data

The historical data trend for San Juan Basin Royalty Trust'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.

San Juan Basin Royalty Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 111.58 114.63 440.22 843.97 807.79

San Juan Basin Royalty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROA % 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 Premium Member Only Premium Member Only Premium Member Only 1,252.36 916.17 234.80 289.82 273.62

Competitive Comparison

For the Oil & Gas E&P subindustry, San Juan Basin Royalty Trust'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.


San Juan Basin Royalty Trust ROA % Distribution

For the Oil & Gas industry and Energy sector, San Juan Basin Royalty Trust's ROA % distribution charts can be found below:

* The bar in red indicates where San Juan Basin Royalty Trust's ROA % falls into.



San Juan Basin Royalty Trust ROA % Calculation

San Juan Basin Royalty Trust's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=51.638/( (8.457+4.328)/ 2 )
=51.638/6.3925
=807.79 %

San Juan Basin Royalty Trust's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=14.528/( (6.291+4.328)/ 2 )
=14.528/5.3095
=273.62 %

* 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. 2023) net income data. ROA % is displayed in the 30-year financial page.


San Juan Basin Royalty Trust  (NYSE:SJT) 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. 2023 )
=Net Income/Total Assets
=14.528/5.3095
=(Net Income / Revenue)*(Revenue / Total Assets)
=(14.528 / 15.936)*(15.936 / 5.3095)
=Net Margin %*Asset Turnover
=91.16 %*3.0014
=273.62 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) 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.


San Juan Basin Royalty Trust ROA % Related Terms

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San Juan Basin Royalty Trust (San Juan Basin Royalty Trust) Business Description

Traded in Other Exchanges
N/A
Address
2200 Post Oak Boulevard, Floor 18, Houston, TX, USA, 77056
San Juan Basin Royalty Trust is an energy sector royalty trust in the United States. It owns approximately 75% net profit interest in a large number of natural gas properties in the San Juan Basin of New Mexico. About 98% of the royalties San Juan collects come from natural gas, with the balance coming from oil.
Executives
J Taylor Crandall 10 percent owner 2775 SAND HILL RD, SUITE 220, MENLO PARK CA 94025
Bruce Robert W Iii 10 percent owner
Algenpar Inc 10 percent owner
Alpine Capital Lp 10 percent owner

San Juan Basin Royalty Trust (San Juan Basin Royalty Trust) Headlines