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Silver Spring Networks (Silver Spring Networks) ROA % : -32.97% (As of Sep. 2017)


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What is Silver Spring Networks ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Silver Spring Networks's annualized Net Income for the quarter that ended in Sep. 2017 was $-100.9 Mil. Silver Spring Networks's average Total Assets over the quarter that ended in Sep. 2017 was $306.1 Mil. Therefore, Silver Spring Networks's annualized ROA % for the quarter that ended in Sep. 2017 was -32.97%.

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

SSNI's ROA % is not ranked *
in the Hardware industry.
Industry Median: 2.36
* Ranked among companies with meaningful ROA % only.

Silver Spring Networks ROA % Historical Data

The historical data trend for Silver Spring Networks'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.

Silver Spring Networks ROA % Chart

Silver Spring Networks Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
ROA %
Get a 7-Day Free Trial Premium Member Only -23.04 -14.30 -16.75 15.90 -4.78

Silver Spring Networks Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 -13.76 -12.65 -20.67 20.00 -32.97

Competitive Comparison of Silver Spring Networks's ROA %

For the Computer Hardware subindustry, Silver Spring Networks'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.


Silver Spring Networks's ROA % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Silver Spring Networks's ROA % distribution charts can be found below:

* The bar in red indicates where Silver Spring Networks's ROA % falls into.



Silver Spring Networks ROA % Calculation

Silver Spring Networks's annualized ROA % for the fiscal year that ended in Dec. 2016 is calculated as:

ROA %=Net Income (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=-21.629/( (457.725+447.128)/ 2 )
=-21.629/452.4265
=-4.78 %

Silver Spring Networks's annualized ROA % for the quarter that ended in Sep. 2017 is calculated as:

ROA %=Net Income (Q: Sep. 2017 )/( (Total Assets (Q: Jun. 2017 )+Total Assets (Q: Sep. 2017 ))/ count )
=-100.908/( (295.634+316.52)/ 2 )
=-100.908/306.077
=-32.97 %

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


Silver Spring Networks  (NYSE:SSNI) 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. 2017 )
=Net Income/Total Assets
=-100.908/306.077
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-100.908 / 190.272)*(190.272 / 306.077)
=Net Margin %*Asset Turnover
=-53.03 %*0.6216
=-32.97 %

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


Silver Spring Networks ROA % Related Terms

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Silver Spring Networks (Silver Spring Networks) Business Description

Traded in Other Exchanges
N/A
Address
Silver Spring Networks Inc provides networking platform and solutions that enable utilities to transform the power grid infrastructure into the smart grid. The Company operates in United States, Australia and rest of world.
Executives
Camp Peter Van director C/O PACKETEER INC, 10201 N DEANZA BLVD, CUPERTINO CA 95014
Catriona M. Fallon officer: Chief Financial Officer C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Foundation Capital, Llc other: Former 10% owner 550 HIGH STREET, 3RD FLOOR, PALO ALTO CA 94301
Charles Moldow other: Former 10% owner C/O FOUNDATION CAPITAL, 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Foundation Capital Management Co. Vi, Llc other: Former 10% owner 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Foundation Capital Vi Principals Fund, Llc other: Former 10% owner 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Foundation Capital Vi Lp other: Former 10% owner C/O FOUNDATION CAPITAL, 70 WILLOW ROAD, SUITE 200, MENLO PARK CA 94025
Warren M Weiss director, other: Former 10% owner FOUNDATION CAPITAL, 70 WILLOW ROAD, SUITE 200, MENLO PARK CA 94025
Paul R Holland other: Former 10% owner FOUNDATION CAPITAL, 70 WILLOW ROAD STE 200, MENLO PARK CA 94025
Paul G Koontz other: Former 10% owner FOUNDATION CAPITAL, 70 WILLOW ROAD STE 200, MENLO PARK CA 94025
William B Elmore other: Former 10% owner C/O FOUNDATION CAPITAL, 70 WILLOW ROAD STE 103, MENLO PARK CA 94025
Steven Vassallo other: Former 10% owner C/O FOUNDATION CAPITAL, 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Reeves Donald L. Iii officer: Chief Technology Officer 555 BROADWAY STREET, REDWOOD CITY CA 94063
Michael Bell director, officer: President & CEO C/O SILVER SPRING NETWORKS, INC., 555 BROADWAY STREET, REDWOOD CITY CA 94063
Thomas H Werner director 3939 NORTH FIRST STREET, SAN JOSE CA 95134

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