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Trilogy Metals ROA %

: -10.05% (As of May. 2022)
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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Trilogy Metals's annualized Net Income for the quarter that ended in May. 2022 was $-16.30 Mil. Trilogy Metals's average Total Assets over the quarter that ended in May. 2022 was $162.10 Mil. Therefore, Trilogy Metals's annualized ROA % for the quarter that ended in May. 2022 was -10.05%.

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

TMQ' s ROA % Range Over the Past 10 Years
Min: -70.21   Med: -36.59   Max: 136.21
Current: -13.63

During the past 12 years, Trilogy Metals's highest ROA % was 136.21%. The lowest was -70.21%. And the median was -36.59%.

TMQ's ROA % is ranked worse than
50.2% of 2560 companies
in the Metals & Mining industry
Industry Median: -13.57 vs TMQ: -13.63

Trilogy Metals ROA % Historical Data

The historical data trend for Trilogy Metals'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.

Trilogy Metals Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
ROA %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -48.50 -46.03 -52.51 136.58 -12.29

Trilogy Metals Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
ROA % 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 Premium Member Only Premium Member Only Premium Member Only -7.53 -17.40 -14.29 -12.13 -10.05

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Trilogy Metals'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.

   

Trilogy Metals ROA % Distribution

For the Metals & Mining industry and Basic Materials sector, Trilogy Metals's ROA % distribution charts can be found below:

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



Trilogy Metals ROA % Calculation

Trilogy Metals's annualized ROA % for the fiscal year that ended in Nov. 2021 is calculated as:

ROA %=Net Income (A: Nov. 2021 )/( (Total Assets (A: Nov. 2020 )+Total Assets (A: Nov. 2021 ))/ count )
=-21.66/( (185.265+167.305)/ 2 )
=-21.66/176.285
=-12.29 %

Trilogy Metals's annualized ROA % for the quarter that ended in May. 2022 is calculated as:

ROA %=Net Income (Q: May. 2022 )/( (Total Assets (Q: Feb. 2022 )+Total Assets (Q: May. 2022 ))/ count )
=-16.296/( (163.895+160.299)/ 2 )
=-16.296/162.097
=-10.05 %

* 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 (May. 2022) net income data. ROA % is displayed in the 30-year financial page.


Trilogy Metals  (AMEX:TMQ) 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: May. 2022 )
=Net Income/Total Assets
=-16.296/162.097
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-16.296 / 0)*(0 / 162.097)
=Net Margin %*Asset Turnover
=N/A %*0
=-10.05 %

Note: The Net Income data used here is four times the quarterly (May. 2022) net income data. The Revenue data used here is four times the quarterly (May. 2022) 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.


Trilogy Metals ROA % Related Terms

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


Trilogy Metals Business Description

Trilogy Metals logo
Traded in Other Exchanges
Address
609 Granville Street, Suite 1150, Vancouver, BC, CAN, V7Y 1G5
Trilogy Metals Inc is an exploration stage company engaged in mineral exploration. The company focuses on exploring and developing its mineral resource properties, which include the Upper Kobuk Mineral Projects (UKMP or UKMP Projects), in the Ambler mining district located in Alaska, the United States. Its properties have the Arctic copper-zinc- lead-gold-silver project and other mineralized targets within a volcanogenic massive sulfide belt, and it also has a bornite carbonate-hosted copper project.
Executives
Paulson & Co. Inc. 10 percent owner 1133 AVENUE OF THE AMERICAS 33RD FLOOR NEW YORK NY 10036
Gowans James director C/O TRILOGY METALS INC. SUITE 1150, 609 GRANVILLE STREET VANCOUVER A1 V7Y 1G5
South32 International Investment Holdings Proprietary Ltd 10 percent owner LEVEL 35, 108 ST GEORGES TERRACE PERTH C3 WA 6000
South32 Ltd 10 percent owner LEVEL 32 125 ST GEORGES TERRACE PERTH C3 6000
Hensley William L. Iggiagruk director C/O TRILOGY METALS INC. SUITE 1150, 609 GRANVILLE STREET VANCOUVER A1 V7Y 1G5
Walters Diana J director 5430 LBJ FREEWAY SUITE 1800 DALLAS TX 75240
Esof Gp Ltd. 10 percent owner, other: Possible Member of 10% Group C/O THE ELECTRUM GROUP LLC 700 MADISON AVENUE, 5TH FLOOR NEW YORK NY 10065
Electrum Strategic Opportunities Fund L.p. 10 percent owner, other: Possible Member of 10% Group C/O THE ELECTRUM GROUP LLC 700 MADISON AVENUE, 5TH FLOOR NEW YORK NY 10065
Oneill Philip director C/O NOVACOPPER INC. SUITE 1950, 777 DUNSMUIR STREET VANCOUVER A1 V7Y 1K4
Gold First Investments Ltd. 10 percent owner C/O UNIT 801-2, 8/F, TUNG HIP COMM. BLDG 244-248 DES VOEUX ROAD CENTRAL SHEUNG WAN K3 0000
Notela Resource Advisors Ltd. 10 percent owner 819 22ND AVENUE NW CALGARY A0 T2M 1P3
Hayden William Beckwith director C/O TRILOGY METALS INC. SUITE 1950, 777 DUNSMUIR STREET VANCOUVER A1 V7Y 1K4
Grat Holdings Llc 10 percent owner 535 MADISON AVENUE, 12TH FLOOR NEW YORK NY 10022
Teg Global Gp Ltd. 10 percent owner 535 MADISON AVENUE, 11TH FLOOR NEW YORK NY 10022
Leopard Holdings Llc 10 percent owner 535 MADISON AVENUE, 12TH FLOOR NEW YORK NY 10022

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