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United International Transportation Co (SAU:4260) ROA % : 9.06% (As of Dec. 2023)


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What is United International Transportation Co ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. United International Transportation Co's annualized Net Income for the quarter that ended in Dec. 2023 was ﷼265 Mil. United International Transportation Co's average Total Assets over the quarter that ended in Dec. 2023 was ﷼2,919 Mil. Therefore, United International Transportation Co's annualized ROA % for the quarter that ended in Dec. 2023 was 9.06%.

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

SAU:4260' s ROA % Range Over the Past 10 Years
Min: 9.52   Med: 11.57   Max: 12.64
Current: 10.05

During the past 13 years, United International Transportation Co's highest ROA % was 12.64%. The lowest was 9.52%. And the median was 11.57%.

SAU:4260's ROA % is ranked better than
83.01% of 1083 companies
in the Business Services industry
Industry Median: 3.58 vs SAU:4260: 10.05

United International Transportation Co ROA % Historical Data

The historical data trend for United International Transportation Co'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.

United International Transportation Co ROA % Chart

United International Transportation Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.36 12.64 12.10 11.44 10.02

United International Transportation Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 10.69 10.68 10.34 10.24 9.06

Competitive Comparison of United International Transportation Co's ROA %

For the Rental & Leasing Services subindustry, United International Transportation Co'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.


United International Transportation Co's ROA % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, United International Transportation Co's ROA % distribution charts can be found below:

* The bar in red indicates where United International Transportation Co's ROA % falls into.



United International Transportation Co ROA % Calculation

United International Transportation Co'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 )
=277.23/( (2520.107+3013.187)/ 2 )
=277.23/2766.647
=10.02 %

United International Transportation Co'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 )
=264.508/( (2824.532+3013.187)/ 2 )
=264.508/2918.8595
=9.06 %

* 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.


United International Transportation Co  (SAU:4260) 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
=264.508/2918.8595
=(Net Income / Revenue)*(Revenue / Total Assets)
=(264.508 / 1479.232)*(1479.232 / 2918.8595)
=Net Margin %*Asset Turnover
=17.88 %*0.5068
=9.06 %

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.


United International Transportation Co ROA % Related Terms

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United International Transportation Co (SAU:4260) Business Description

Traded in Other Exchanges
N/A
Address
6695 King Abdul Aziz Road, Unit No. 92, Al Basatin District, Jeddah, SAU, 23719-4327
United International Transportation Co Ltd operates as a car rental company in Saudi Arabia. The company operating segments include Lease, Rental, and others. It generates maximum revenue from the Lease segment. The company services include short- and long-term car rentals, chauffeur-driven services, corporate program, budget express cards, lodge and drive, limousine services and automotive maintenance.

United International Transportation Co (SAU:4260) Headlines

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