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Arts Alliance GK (WAR:AAS) ROA % : -49.89% (As of Dec. 2023)


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What is Arts Alliance GK ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Arts Alliance GK's annualized Net Income for the quarter that ended in Dec. 2023 was zł-2.21 Mil. Arts Alliance GK's average Total Assets over the quarter that ended in Dec. 2023 was zł4.43 Mil. Therefore, Arts Alliance GK's annualized ROA % for the quarter that ended in Dec. 2023 was -49.89%.

The historical rank and industry rank for Arts Alliance GK's ROA % or its related term are showing as below:

WAR:AAS' s ROA % Range Over the Past 10 Years
Min: -59.67   Med: -7.47   Max: 60.2
Current: -25.46

During the past 11 years, Arts Alliance GK's highest ROA % was 60.20%. The lowest was -59.67%. And the median was -7.47%.

WAR:AAS's ROA % is not ranked
in the Interactive Media industry.
Industry Median: -1.39 vs WAR:AAS: -25.46

Arts Alliance GK ROA % Historical Data

The historical data trend for Arts Alliance GK'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.

Arts Alliance GK ROA % Chart

Arts Alliance GK 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 -48.19 18.76 3.98 -18.92 -26.64

Arts Alliance GK 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 37.51 -1.21 -15.15 -39.20 -49.89

Competitive Comparison of Arts Alliance GK's ROA %

For the Electronic Gaming & Multimedia subindustry, Arts Alliance GK'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.


Arts Alliance GK's ROA % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Arts Alliance GK's ROA % distribution charts can be found below:

* The bar in red indicates where Arts Alliance GK's ROA % falls into.



Arts Alliance GK ROA % Calculation

Arts Alliance GK'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 )
=-1.25/( (5.287+4.099)/ 2 )
=-1.25/4.693
=-26.64 %

Arts Alliance GK'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 )
=-2.208/( (4.753+4.099)/ 2 )
=-2.208/4.426
=-49.89 %

* 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.


Arts Alliance GK  (WAR:AAS) 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
=-2.208/4.426
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.208 / 0)*(0 / 4.426)
=Net Margin %*Asset Turnover
=N/A %*0
=-49.89 %

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.


Arts Alliance GK ROA % Related Terms

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Arts Alliance GK (WAR:AAS) Business Description

Traded in Other Exchanges
N/A
Address
Izbicka Street 28a, Warsaw, POL, 04-838
Arts Alliance GK SA is a Poland based company that is engaged in producing games as well as developing technology B2B projects. Along with its subsidiaries, it is engaged in developing B2B platform in Business Travel area to support its clients in booking hotels by algorithms solutions. In the game producing segment, it invests in potential small games developers as well as produce the most valuable games for all types of platforms like iOS, Android, Windows Mobile or Steam platforms.

Arts Alliance GK (WAR:AAS) Headlines

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