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Navios Maritime Acquisition (Navios Maritime Acquisition) ROE % : 5.36% (As of Jun. 2021)


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What is Navios Maritime Acquisition ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Navios Maritime Acquisition's annualized net income for the quarter that ended in Jun. 2021 was $17.3 Mil. Navios Maritime Acquisition's average Total Stockholders Equity over the quarter that ended in Jun. 2021 was $323.8 Mil. Therefore, Navios Maritime Acquisition's annualized ROE % for the quarter that ended in Jun. 2021 was 5.36%.

The historical rank and industry rank for Navios Maritime Acquisition's ROE % or its related term are showing as below:

NNA' s ROE % Range Over the Past 10 Years
Min: -19.51   Med: -1.4   Max: 16.44
Current: -2.93

During the past 13 years, Navios Maritime Acquisition's highest ROE % was 16.44%. The lowest was -19.51%. And the median was -1.40%.

NNA's ROE % is not ranked
in the Oil & Gas industry.
Industry Median: 7.67 vs NNA: -2.93

Navios Maritime Acquisition ROE % Historical Data

The historical data trend for Navios Maritime Acquisition's ROE % 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.

Navios Maritime Acquisition ROE % Chart

Navios Maritime Acquisition Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.29 -15.24 -20.50 -18.85 8.58

Navios Maritime Acquisition Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
ROE % 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 38.31 3.83 -9.00 -11.94 5.36

Competitive Comparison of Navios Maritime Acquisition's ROE %

For the Oil & Gas Midstream subindustry, Navios Maritime Acquisition's ROE %, along with its competitors' market caps and ROE % 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.


Navios Maritime Acquisition's ROE % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Navios Maritime Acquisition's ROE % distribution charts can be found below:

* The bar in red indicates where Navios Maritime Acquisition's ROE % falls into.



Navios Maritime Acquisition ROE % Calculation

Navios Maritime Acquisition's annualized ROE % for the fiscal year that ended in Dec. 2020 is calculated as

ROE %=Net Income (A: Dec. 2020 )/( (Total Stockholders Equity (A: Dec. 2019 )+Total Stockholders Equity (A: Dec. 2020 ))/ count )
=27.609/( (313.852+329.857)/ 2 )
=27.609/321.8545
=8.58 %

Navios Maritime Acquisition's annualized ROE % for the quarter that ended in Jun. 2021 is calculated as

ROE %=Net Income (Q: Jun. 2021 )/( (Total Stockholders Equity (Q: Mar. 2021 )+Total Stockholders Equity (Q: Jun. 2021 ))/ count )
=17.34/( (320.211+327.382)/ 2 )
=17.34/323.7965
=5.36 %

* 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 ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jun. 2021) net income data. ROE % is displayed in the 30-year financial page.


Navios Maritime Acquisition  (NYSE:NNA) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Jun. 2021 )
=Net Income/Total Stockholders Equity
=17.34/323.7965
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(17.34 / 236.856)*(236.856 / 1546.474)*(1546.474 / 323.7965)
=Net Margin %*Asset Turnover*Equity Multiplier
=7.32 %*0.1532*4.7761
=ROA %*Equity Multiplier
=1.12 %*4.7761
=5.36 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Jun. 2021 )
=Net Income/Total Stockholders Equity
=17.34/323.7965
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (17.34 / 17.34) * (17.34 / -10.248) * (-10.248 / 236.856) * (236.856 / 1546.474) * (1546.474 / 323.7965)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * -1.692 * -4.33 % * 0.1532 * 4.7761
=5.36 %

Note: The net income data used here is four times the quarterly (Jun. 2021) net income data. The Revenue data used here is four times the quarterly (Jun. 2021) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Navios Maritime Acquisition ROE % Related Terms

Thank you for viewing the detailed overview of Navios Maritime Acquisition's ROE % provided by GuruFocus.com. Please click on the following links to see related term pages.


Navios Maritime Acquisition (Navios Maritime Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
90 North Church Street, P.O. Box 309, Strathvale House, Grand Cayman, CYM, KY1-1104
Navios Maritime Acquisition Corporation owns and operates tanker vessels aimed at the transportation of petroleum products and bulk liquid chemicals. The company owns a fleet of modern crude oil, refined petroleum product and chemical tankers providing world-wide marine transportation services. It charters its vessels to international oil companies, refiners, and large vessel operators under long, medium and short-term charters. Navios Maritime generates the majority of its revenue by rendering its services in Asia, Europe, and the United States.
Executives
Malibu Partner Llc 10 percent owner 15332 ANTIOCH STREET, #528, PACIFIC PALISADES CA 90272
Israel A Englander other: May be deemed a group member. C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Millennium Management Llc other: May be deemed a group member. 399 PARK AVENUE, NEW YORK NY 10022
Integrated Core Strategies (us) Llc 10 percent owner C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022

Navios Maritime Acquisition (Navios Maritime Acquisition) Headlines

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