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Alternative Investment (Alternative Investment) ROA % : -14,000.00% (As of Jun. 2020)


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What is Alternative Investment ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Alternative Investment's annualized Net Income for the quarter that ended in Jun. 2020 was $-0.28 Mil. Alternative Investment's average Total Assets over the quarter that ended in Jun. 2020 was $0.00 Mil. Therefore, Alternative Investment's annualized ROA % for the quarter that ended in Jun. 2020 was -14,000.00%.

The historical rank and industry rank for Alternative Investment's ROA % or its related term are showing as below:

AIKO's ROA % is not ranked *
in the Diversified Financial Services industry.
Industry Median: -0.84
* Ranked among companies with meaningful ROA % only.

Alternative Investment ROA % Historical Data

The historical data trend for Alternative Investment'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.

Alternative Investment ROA % Chart

Alternative Investment Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -45.83 -47.41 -143.70 -448.51 -6,818.18

Alternative Investment Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 -4,444.44 -6,447.06 -13,600.00 -30,000.00 -14,000.00

Competitive Comparison of Alternative Investment's ROA %

For the Shell Companies subindustry, Alternative Investment'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.


Alternative Investment's ROA % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Alternative Investment's ROA % distribution charts can be found below:

* The bar in red indicates where Alternative Investment's ROA % falls into.



Alternative Investment ROA % Calculation

Alternative Investment's annualized ROA % for the fiscal year that ended in Sep. 2019 is calculated as:

ROA %=Net Income (A: Sep. 2019 )/( (Total Assets (A: Sep. 2018 )+Total Assets (A: Sep. 2019 ))/ count )
=-0.375/( (0.007+0.004)/ 2 )
=-0.375/0.0055
=-6,818.18 %

Alternative Investment's annualized ROA % for the quarter that ended in Jun. 2020 is calculated as:

ROA %=Net Income (Q: Jun. 2020 )/( (Total Assets (Q: Mar. 2020 )+Total Assets (Q: Jun. 2020 ))/ count )
=-0.28/( (0+0.002)/ 1 )
=-0.28/0.002
=-14,000.00 %

* 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 (Jun. 2020) net income data. ROA % is displayed in the 30-year financial page.


Alternative Investment  (OTCPK:AIKO) 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: Jun. 2020 )
=Net Income/Total Assets
=-0.28/0.002
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.28 / 0)*(0 / 0.002)
=Net Margin %*Asset Turnover
=N/A %*0
=-14,000.00 %

Note: The Net Income data used here is four times the quarterly (Jun. 2020) net income data. The Revenue data used here is four times the quarterly (Jun. 2020) 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.


Alternative Investment ROA % Related Terms

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Alternative Investment (Alternative Investment) Business Description

Traded in Other Exchanges
N/A
Address
408 Boonesville Bend, Argyle, TX, USA, 76226
Alternative Investment Corp is a shell company.
Executives
Unerkov Con other: No position PO BOX 1171, NORTH ADELAIDE SA C3 5006
Bin He other: no position RM 1001, NO.10 BUILDING, YUMIN VILLAGE HEPING ROAD, LUOHU DISTRICT SHENZHEN F4 0000
Ning He director, officer: Secretary ROOM 1001, NO.10 BUILDING, YUMIN VILLAGE HEPING ROAD, LUOHU DISTRICT SHENZHEN F4 0000000

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