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Titan Energy LLC (Titan Energy LLC) ROA % : -10.53% (As of Sep. 2017)


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What is Titan Energy LLC ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Titan Energy LLC's annualized Net Income for the quarter that ended in Sep. 2017 was $-70.2 Mil. Titan Energy LLC's average Total Assets over the quarter that ended in Sep. 2017 was $666.8 Mil. Therefore, Titan Energy LLC's annualized ROA % for the quarter that ended in Sep. 2017 was -10.53%.

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

TTEN's ROA % is not ranked *
in the Oil & Gas industry.
Industry Median: 2.42
* Ranked among companies with meaningful ROA % only.

Titan Energy LLC ROA % Historical Data

The historical data trend for Titan Energy LLC'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.

Titan Energy LLC ROA % Chart

Titan Energy LLC Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
ROA %
Get a 7-Day Free Trial -4.72 -4.70 -23.61 -35.96 -

Titan Energy LLC Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 - - 12.22 -1.74 -10.53

Competitive Comparison of Titan Energy LLC's ROA %

For the Oil & Gas E&P subindustry, Titan Energy LLC'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.


Titan Energy LLC's ROA % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Titan Energy LLC's ROA % falls into.



Titan Energy LLC ROA % Calculation

Titan Energy LLC's annualized ROA % for the fiscal year that ended in Dec. 2016 is calculated as:

ROA %=Net Income (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=0/( (1699.949+881.834)/ 2 )
=0/1290.8915
=0.00 %

Titan Energy LLC's annualized ROA % for the quarter that ended in Sep. 2017 is calculated as:

ROA %=Net Income (Q: Sep. 2017 )/( (Total Assets (Q: Jun. 2017 )+Total Assets (Q: Sep. 2017 ))/ count )
=-70.2/( (728.15+605.425)/ 2 )
=-70.2/666.7875
=-10.53 %

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


Titan Energy LLC  (OTCPK:TTEN) 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. 2017 )
=Net Income/Total Assets
=-70.2/666.7875
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-70.2 / 197.684)*(197.684 / 666.7875)
=Net Margin %*Asset Turnover
=-35.51 %*0.2965
=-10.53 %

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


Titan Energy LLC ROA % Related Terms

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Titan Energy LLC (Titan Energy LLC) Business Description

Traded in Other Exchanges
N/A
Address
425 Houston Street, Suite 300, Fort Worth, TX, USA, 76102
Titan Energy LLC is an exploration and production company. It is focused on acquiring and developing oil and gas assets with operations in basins across the United States with a focus on the development of Eagle Ford Shell basin from South Texas. The firm also sponsors and manages drilling partnerships to finance its operations. It has Gas and Oil Production, Well Construction & Completion and Other partnership segments. The company derives the majority of its revenue from Gas and Oil production segment.

Titan Energy LLC (Titan Energy LLC) Headlines