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HyperDynamics (HyperDynamics) ROA % : -1,188.55% (As of Jun. 2017)


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What is HyperDynamics ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. HyperDynamics's annualized Net Income for the quarter that ended in Jun. 2017 was $-50.24 Mil. HyperDynamics's average Total Assets over the quarter that ended in Jun. 2017 was $4.23 Mil. Therefore, HyperDynamics's annualized ROA % for the quarter that ended in Jun. 2017 was -1,188.55%.

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

HDYNQ's ROA % is not ranked *
in the Oil & Gas industry.
Industry Median: 2.46
* Ranked among companies with meaningful ROA % only.

HyperDynamics ROA % Historical Data

The historical data trend for HyperDynamics'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.

HyperDynamics ROA % Chart

HyperDynamics Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.73 -25.32 -31.54 -99.82 -298.91

HyperDynamics Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 -46.53 37.92 -271.94 -207.65 -1,188.55

Competitive Comparison of HyperDynamics's ROA %

For the Oil & Gas E&P subindustry, HyperDynamics'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.


HyperDynamics's ROA % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, HyperDynamics's ROA % distribution charts can be found below:

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



HyperDynamics ROA % Calculation

HyperDynamics's annualized ROA % for the fiscal year that ended in Jun. 2017 is calculated as:

ROA %=Net Income (A: Jun. 2017 )/( (Total Assets (A: Jun. 2016 )+Total Assets (A: Jun. 2017 ))/ count )
=-21.526/( (11.678+2.725)/ 2 )
=-21.526/7.2015
=-298.91 %

HyperDynamics's annualized ROA % for the quarter that ended in Jun. 2017 is calculated as:

ROA %=Net Income (Q: Jun. 2017 )/( (Total Assets (Q: Mar. 2017 )+Total Assets (Q: Jun. 2017 ))/ count )
=-50.24/( (5.729+2.725)/ 2 )
=-50.24/4.227
=-1,188.55 %

* 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. 2017) net income data. ROA % is displayed in the 30-year financial page.


HyperDynamics  (OTCPK:HDYNQ) 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. 2017 )
=Net Income/Total Assets
=-50.24/4.227
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-50.24 / 0)*(0 / 4.227)
=Net Margin %*Asset Turnover
=N/A %*0
=-1,188.55 %

Note: The Net Income data used here is four times the quarterly (Jun. 2017) net income data. The Revenue data used here is four times the quarterly (Jun. 2017) 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.


HyperDynamics ROA % Related Terms

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HyperDynamics (HyperDynamics) Business Description

Traded in Other Exchanges
N/A
Address
12012 Wickchester Lane, Suite 475, Houston, TX, USA, 77079
HyperDynamics Corp, together with its subsidiaries, operates as an independent oil and gas exploration company. It is engaged in the acquisition, exploration, and development of oil and natural gas properties with large prospects in the offshore Republic of Guinea to northwest Africa. The company conducts its operational activities through Guinea project. Its exploration efforts are conducted through a Hydrocarbon production sharing contract.
Executives
Fred S Zeidman director 109 NORTH POST OAK LANE, SUITE 422, HOUSTON TX 77024
David W Wesson officer: Vice President and CFO 12012 WICKCHESTER LANE, SUITE 475, HOUSTON, TX 77079
David Owen director
Robert A Solberg director ONE SUGAR CREEK CENTER BOULEVARD, SUITE 125, SUGAR LAND TX 77478
Paul C Reinbolt officer: Executive VP and CFO 12012 WICKCHESTER LANE,, SUITE 475, HOUSTON TX 77079
Steven M Plumb other: Exiting Filer 5300 NORTH BREASEWOOD, PMB #370, HOUSTON TX 77096-3317

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