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ICG-Longbow Senior Secured UK Prop Debt Inv (LSE:LBOW) ROA % : -43.92% (As of Jan. 2024)


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What is ICG-Longbow Senior Secured UK Prop Debt Inv ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. ICG-Longbow Senior Secured UK Prop Debt Inv's annualized Net Income for the quarter that ended in Jan. 2024 was £-20.33 Mil. ICG-Longbow Senior Secured UK Prop Debt Inv's average Total Assets over the quarter that ended in Jan. 2024 was £46.30 Mil. Therefore, ICG-Longbow Senior Secured UK Prop Debt Inv's annualized ROA % for the quarter that ended in Jan. 2024 was -43.92%.

The historical rank and industry rank for ICG-Longbow Senior Secured UK Prop Debt Inv's ROA % or its related term are showing as below:

LSE:LBOW' s ROA % Range Over the Past 10 Years
Min: -43.69   Med: 5.54   Max: 9.36
Current: -43.69

During the past 11 years, ICG-Longbow Senior Secured UK Prop Debt Inv's highest ROA % was 9.36%. The lowest was -43.69%. And the median was 5.54%.

LSE:LBOW's ROA % is ranked worse than
97.15% of 1718 companies
in the Asset Management industry
Industry Median: 2.93 vs LSE:LBOW: -43.69

ICG-Longbow Senior Secured UK Prop Debt Inv ROA % Historical Data

The historical data trend for ICG-Longbow Senior Secured UK Prop Debt Inv'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.

ICG-Longbow Senior Secured UK Prop Debt Inv ROA % Chart

ICG-Longbow Senior Secured UK Prop Debt Inv Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.94 6.00 7.01 2.35 -43.33

ICG-Longbow Senior Secured UK Prop Debt Inv Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 7.30 6.42 -1.93 -43.85 -43.92

Competitive Comparison of ICG-Longbow Senior Secured UK Prop Debt Inv's ROA %

For the Asset Management subindustry, ICG-Longbow Senior Secured UK Prop Debt Inv'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.


ICG-Longbow Senior Secured UK Prop Debt Inv's ROA % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ICG-Longbow Senior Secured UK Prop Debt Inv's ROA % distribution charts can be found below:

* The bar in red indicates where ICG-Longbow Senior Secured UK Prop Debt Inv's ROA % falls into.



ICG-Longbow Senior Secured UK Prop Debt Inv ROA % Calculation

ICG-Longbow Senior Secured UK Prop Debt Inv's annualized ROA % for the fiscal year that ended in Jan. 2024 is calculated as:

ROA %=Net Income (A: Jan. 2024 )/( (Total Assets (A: Jan. 2023 )+Total Assets (A: Jan. 2024 ))/ count )
=-24.876/( (78.217+36.616)/ 2 )
=-24.876/57.4165
=-43.33 %

ICG-Longbow Senior Secured UK Prop Debt Inv's annualized ROA % for the quarter that ended in Jan. 2024 is calculated as:

ROA %=Net Income (Q: Jan. 2024 )/( (Total Assets (Q: Jul. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=-20.332/( (55.974+36.616)/ 2 )
=-20.332/46.295
=-43.92 %

* 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 two times the semi-annual (Jan. 2024) net income data. ROA % is displayed in the 30-year financial page.


ICG-Longbow Senior Secured UK Prop Debt Inv  (LSE:LBOW) 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: Jan. 2024 )
=Net Income/Total Assets
=-20.332/46.295
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-20.332 / 7.366)*(7.366 / 46.295)
=Net Margin %*Asset Turnover
=-276.02 %*0.1591
=-43.92 %

Note: The Net Income data used here is two times the semi-annual (Jan. 2024) net income data. The Revenue data used here is two times the semi-annual (Jan. 2024) 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.


ICG-Longbow Senior Secured UK Prop Debt Inv ROA % Related Terms

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ICG-Longbow Senior Secured UK Prop Debt Inv (LSE:LBOW) Business Description

Traded in Other Exchanges
Address
Trafalgar Court, Les Banques, P.O. Box 286, Floor 2, Saint Peter Port, GGY, GY1 4LY
ICG-Longbow Senior Secured UK Prop Debt Inv Ltd is a Guernsey registered closed-ended investment company. Its investment objective is to construct a portfolio of good quality, defensive, senior debt investments secured by first ranking fixed charges predominantly against UK commercial property investments providing target dividends of circa 6% per annum on the IPO issue price, paid quarterly, with an underlying target portfolio IRR of 8% per annum. The company's investment policy is to invest in a loan portfolio comprised of senior loans to property investors secured on UK commercial property with some potential exposure to UK investment residential property. The portfolio of the company is managed by Intermediate Capital Managers Limited.

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