CCK Financial Solutions Limited (ASX:CCK) ROA % : 0.00% (As of . 20)

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

What is CCK Financial Solutions Limited ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. CCK Financial Solutions Limited's annualized Net Income for the quarter that ended in . 20 was A$ Mil. CCK Financial Solutions Limited's average Total Assets over the quarter that ended in . 20 was A$ 0 Mil. Therefore, CCK Financial Solutions Limited's annualized ROA % for the quarter that ended in . 20 was Not Available.

The historical rank and industry rank for CCK Financial Solutions Limited's ROA % or its related term are showing as below:

ASX:CCK' s ROA % Range Over the Past 10 Years
Min: -39.09 Med: -4.6 Max: 9.77
Current: -2.77

During the past 13 years, CCK Financial Solutions Limited's highest ROA % was 9.77%. The lowest was -39.09%. And the median was -4.60%.

ASX:CCK's ROA % is not ranked
in the Software industry.
Industry Median: 1.015 vs ASX:CCK: -2.77

CCK Financial Solutions Limited ROA % Historical Data

The historical data trend for CCK Financial Solutions Limited'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.

CCK Financial Solutions Limited ROA % Chart

CCK Financial Solutions Limited Annual Data

Trend

Jun03

Jun04

Jun05

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

ROA %

Get a 7-Day Free Trial

-4.49

4.58

-4.60

-39.09

-2.77

CCK Financial Solutions Limited Quarterly Data

ROA %

Competitive Comparison of CCK Financial Solutions Limited's ROA %

For the Software - Application subindustry, CCK Financial Solutions Limited'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.

CCK Financial Solutions Limited's ROA % Distribution in the Software Industry

For the Software industry and Technology sector, CCK Financial Solutions Limited's ROA % distribution charts can be found below:

* The bar in red indicates where CCK Financial Solutions Limited's ROA % falls into.

CCK Financial Solutions Limited ROA % Calculation

CCK Financial Solutions Limited's annualized ROA % for the fiscal year that ended in Jun. 2012 is calculated as:

ROA %	=	Net Income (A: Jun. 2012 )	/	( (Total Assets (A: Jun. 2011 )	+	Total Assets (A: Jun. 2012 ))	/ count )
	=	-0.166	/	( (5.892	+	6.094)	/ 2 )
	=	-0.166	/	5.993
	=	-2.77 %

CCK Financial Solutions Limited's annualized ROA % for the quarter that ended in . 20 is calculated as:

ROA %	=	Net Income (Q: . 20 )	/	( (Total Assets (Q: . 20 )	+	Total Assets (Q: . 20 ))	/ count )
	=		/	( (	+	)	/ )
	=		/
	=	%

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

CCK Financial Solutions Limited (ASX:CCK) 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 banks 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: . 20 )
=	Net Income	/	Total Assets
=		/
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	( / )	*	( / )
=	Net Margin %	*	Asset Turnover
=	%	*
=	%

Note: The Net Income data used here is four times the quarterly (. 20) net income data. The Revenue data used here is four times the quarterly (. 20) revenue data.

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.

CCK Financial Solutions Limited ROA % Related Terms

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