GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Global IME Bank Ltd (XNEP:GBIME) » Definitions » ROA %

Global IME Bank (XNEP:GBIME) ROA % : 0.64% (As of Jan. 2024)


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

What is Global IME Bank ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Global IME Bank's annualized Net Income for the quarter that ended in Jan. 2024 was NPR3,574 Mil. Global IME Bank's average Total Assets over the quarter that ended in Jan. 2024 was NPR556,164 Mil. Therefore, Global IME Bank's annualized ROA % for the quarter that ended in Jan. 2024 was 0.64%.

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

XNEP:GBIME' s ROA % Range Over the Past 10 Years
Min: 1.12   Med: 1.62   Max: 2.02
Current: 1.12

During the past 13 years, Global IME Bank's highest ROA % was 2.02%. The lowest was 1.12%. And the median was 1.62%.

XNEP:GBIME's ROA % is ranked better than
64.73% of 1463 companies
in the Banks industry
Industry Median: 0.9 vs XNEP:GBIME: 1.12

Global IME Bank ROA % Historical Data

The historical data trend for Global IME Bank'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.

Global IME Bank ROA % Chart

Global IME Bank Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.02 1.43 1.52 1.41 1.52

Global IME Bank Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 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 1.59 1.22 1.85 0.80 0.64

Competitive Comparison of Global IME Bank's ROA %

For the Banks - Regional subindustry, Global IME Bank'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.


Global IME Bank's ROA % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Global IME Bank's ROA % distribution charts can be found below:

* The bar in red indicates where Global IME Bank's ROA % falls into.



Global IME Bank ROA % Calculation

Global IME Bank's annualized ROA % for the fiscal year that ended in Jul. 2023 is calculated as:

ROA %=Net Income (A: Jul. 2023 )/( (Total Assets (A: Jul. 2022 )+Total Assets (A: Jul. 2023 ))/ count )
=6862.915/( (368850.671+534457.216)/ 2 )
=6862.915/451653.9435
=1.52 %

Global IME Bank's annualized ROA % for the quarter that ended in Jan. 2024 is calculated as:

ROA %=Net Income (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=3574.484/( (552944.602+559383.288)/ 2 )
=3574.484/556163.945
=0.64 %

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


Global IME Bank  (XNEP:GBIME) 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
=3574.484/556163.945
=(Net Income / Revenue)*(Revenue / Total Assets)
=(3574.484 / 21607.768)*(21607.768 / 556163.945)
=Net Margin %*Asset Turnover
=16.54 %*0.0389
=0.64 %

Note: The Net Income data used here is four times the quarterly (Jan. 2024) net income data. The Revenue data used here is four times the quarterly (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.


Global IME Bank ROA % Related Terms

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


Global IME Bank (XNEP:GBIME) Business Description

Traded in Other Exchanges
N/A
Address
IME Complex, Panipokhari, P.O. Box: 19327, Kathmandu, NPL
Global IME Bank Ltd operates as a commercial bank in Nepal which provides entire commercial banking services. The bank offers a complete range of banking products in deposits, lending, trade finance, and remittances. Its deposit product portfolio encompasses customer tailored saving deposits, fixed deposits, call and current deposits. The lending product portfolio includes commercial loan products such as demand loans, cash credits, overdrafts, trust receipts, and term loans, whereas a complete portfolio of personal and retail credit products are also provided by the bank. It also provides internet and mobile banking services.

Global IME Bank (XNEP:GBIME) Headlines

No Headlines