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White Organic Retail (BOM:542667) ROA % : -0.28% (As of Dec. 2023)


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What is White Organic Retail ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. White Organic Retail's annualized Net Income for the quarter that ended in Dec. 2023 was ₹-8.38 Mil. White Organic Retail's average Total Assets over the quarter that ended in Dec. 2023 was ₹2,980.62 Mil. Therefore, White Organic Retail's annualized ROA % for the quarter that ended in Dec. 2023 was -0.28%.

The historical rank and industry rank for White Organic Retail's ROA % or its related term are showing as below:

BOM:542667' s ROA % Range Over the Past 10 Years
Min: -12.46   Med: 2.64   Max: 12.84
Current: -12.46

During the past 8 years, White Organic Retail's highest ROA % was 12.84%. The lowest was -12.46%. And the median was 2.64%.

BOM:542667's ROA % is ranked worse than
89.03% of 1905 companies
in the Consumer Packaged Goods industry
Industry Median: 3.03 vs BOM:542667: -12.46

White Organic Retail ROA % Historical Data

The historical data trend for White Organic Retail'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.

White Organic Retail ROA % Chart

White Organic Retail Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROA %
Get a 7-Day Free Trial 3.41 0.28 0.39 12.84 -2.21

White Organic Retail Quarterly Data
Mar17 Mar18 Sep18 Dec18 Mar19 Sep19 Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 1.02 2.03 -10.89 -37.81 -0.28

Competitive Comparison of White Organic Retail's ROA %

For the Packaged Foods subindustry, White Organic Retail'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.


White Organic Retail's ROA % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, White Organic Retail's ROA % distribution charts can be found below:

* The bar in red indicates where White Organic Retail's ROA % falls into.



White Organic Retail ROA % Calculation

White Organic Retail's annualized ROA % for the fiscal year that ended in Mar. 2023 is calculated as:

ROA %=Net Income (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=-37.882/( (480.801+2940.799)/ 2 )
=-37.882/1710.8
=-2.21 %

White Organic Retail'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 )
=-8.384/( (2980.62+0)/ 1 )
=-8.384/2980.62
=-0.28 %

* 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.


White Organic Retail  (BOM:542667) 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
=-8.384/2980.62
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-8.384 / 0)*(0 / 2980.62)
=Net Margin %*Asset Turnover
=N/A %*0
=-0.28 %

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.


White Organic Retail ROA % Related Terms

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White Organic Retail (BOM:542667) Business Description

Traded in Other Exchanges
N/A
Address
Wing A, B and F, Near Jai Coach, Western Express Highway, Unit No. 2001-2002, 20th Floor, Lotus Corporate Park, Goregaon (East), Mumbai, MH, IND, 400063
White Organic Retail Ltd is engaged in business of Retail of Organic Products. The company offers products such as Grains, Cereals, Pulses, Snacks, Syrups, Capsules, Health Powders, Churans, Mukhwas, Incence Sticks, Soap, Juices, and many more. It has launched many medicinal and nutritional powders; all these products ranges gives the retail segment a broader scope and gives the edge of retailing and distribution everything under one roof.

White Organic Retail (BOM:542667) Headlines

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