GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Green Planet Group Inc (OTCPK:GNPG) » Definitions » ROA %

Green Planet Group (Green Planet Group) ROA % : 1,413.63% (As of Sep. 2011)


View and export this data going back to . Start your Free Trial

What is Green Planet Group ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Green Planet Group's annualized Net Income for the quarter that ended in Sep. 2011 was $70.42 Mil. Green Planet Group's average Total Assets over the quarter that ended in Sep. 2011 was $4.98 Mil. Therefore, Green Planet Group's annualized ROA % for the quarter that ended in Sep. 2011 was 1,413.63%.

The historical rank and industry rank for Green Planet Group's ROA % or its related term are showing as below:

GNPG's ROA % is not ranked *
in the Chemicals industry.
Industry Median: 2.94
* Ranked among companies with meaningful ROA % only.

Green Planet Group ROA % Historical Data

The historical data trend for Green Planet Group'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.

Green Planet Group ROA % Chart

Green Planet Group Annual Data
Trend Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11
ROA %
Get a 7-Day Free Trial -667.29 -64.27 -20.90 -85.03 -149.01

Green Planet Group Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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 -83.77 5.08 -475.34 -118.23 1,413.63

Competitive Comparison of Green Planet Group's ROA %

For the Specialty Chemicals subindustry, Green Planet Group'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.


Green Planet Group's ROA % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Green Planet Group's ROA % distribution charts can be found below:

* The bar in red indicates where Green Planet Group's ROA % falls into.



Green Planet Group ROA % Calculation

Green Planet Group's annualized ROA % for the fiscal year that ended in Mar. 2011 is calculated as:

ROA %=Net Income (A: Mar. 2011 )/( (Total Assets (A: Mar. 2010 )+Total Assets (A: Mar. 2011 ))/ count )
=-15.44/( (15.135+5.589)/ 2 )
=-15.44/10.362
=-149.01 %

Green Planet Group's annualized ROA % for the quarter that ended in Sep. 2011 is calculated as:

ROA %=Net Income (Q: Sep. 2011 )/( (Total Assets (Q: Jun. 2011 )+Total Assets (Q: Sep. 2011 ))/ count )
=70.42/( (6.056+3.907)/ 2 )
=70.42/4.9815
=1,413.63 %

* 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 (Sep. 2011) net income data. ROA % is displayed in the 30-year financial page.


Green Planet Group  (OTCPK:GNPG) 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: Sep. 2011 )
=Net Income/Total Assets
=70.42/4.9815
=(Net Income / Revenue)*(Revenue / Total Assets)
=(70.42 / 25.044)*(25.044 / 4.9815)
=Net Margin %*Asset Turnover
=281.19 %*5.0274
=1,413.63 %

Note: The Net Income data used here is four times the quarterly (Sep. 2011) net income data. The Revenue data used here is four times the quarterly (Sep. 2011) 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.


Green Planet Group ROA % Related Terms

Thank you for viewing the detailed overview of Green Planet Group's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Green Planet Group (Green Planet Group) Business Description

Traded in Other Exchanges
N/A
Address
3259 E. Harbour Drive, Suite 101, Phoenix, AZ, USA, 85034
Green Planet Group Inc, through its subsidiaries, is engaged in the following businesses: production of lubricants and additives for gasoline and diesel-fueled engines; developing a hydrogen generator that reduces hydrocarbon emissions while improving fuel efficiency; developing a new "fast track" growing system capable of growing vast amounts of fresh organic food at the point of consumption reducing transportation costs while reducing water use by 90+% and increasing productivity by 300%; and developing green technologies for use in the mining of rare and precious metals and elements.

Green Planet Group (Green Planet Group) Headlines

From GuruFocus

Green Planet Group Secures Long-Term Funding

By ACCESSWIRE ACCESSWIRE 06-09-2021

GREEN PLANET ANNOUNCES SALE OF FOOD GROWING SYSTEM

By PRNewswire PRNewswire 07-09-2022

Green Planet Projects Major Increase in Revenues

By ACCESSWIRE ACCESSWIRE 07-28-2021

Green Planet Group Establishes "World Headquarters"

By ACCESSWIRE ACCESSWIRE 05-05-2021

Green Planet Launches Organic Urban Farm

By PRNewswire PRNewswire 01-13-2022