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Blackstar Enterprise Group (OTCPK:BEGI) ROA %

: -233.56% (As of Sep. 2022)
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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Blackstar Enterprise Group's annualized Net Income for the quarter that ended in Sep. 2022 was $-0.86 Mil. Blackstar Enterprise Group's average Total Assets over the quarter that ended in Sep. 2022 was $0.37 Mil. Therefore, Blackstar Enterprise Group's annualized ROA % for the quarter that ended in Sep. 2022 was -233.56%.

The historical rank and industry rank for Blackstar Enterprise Group's ROA % or its related term are showing as below:

BEGI' s ROA % Range Over the Past 10 Years
Min: -3447.06   Med: -61.69   Max: -6.06
Current: -339

During the past 11 years, Blackstar Enterprise Group's highest ROA % was -6.06%. The lowest was -3447.06%. And the median was -61.69%.

BEGI's ROA % is ranked worse than
98.97% of 776 companies
in the Capital Markets industry
Industry Median: 1.30 vs BEGI: -339.00

Blackstar Enterprise Group (OTCPK:BEGI) ROA % Historical Data

The historical data trend for Blackstar Enterprise Group'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.

Blackstar Enterprise Group Annual Data
Trend Jul01 Jul02 Jul03 Jul04 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROA % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -52.02 -439.57 -3,447.06 -2,269.57 -562.16

Blackstar Enterprise Group Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -501.95 -226.34 -325.16 -247.70 -233.56

Blackstar Enterprise Group (OTCPK:BEGI) ROA % Competitive Comparison

For the Capital Markets subindustry, Blackstar Enterprise Group'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.

   

Blackstar Enterprise Group (OTCPK:BEGI) ROA % Distribution

For the Capital Markets industry and Financial Services sector, Blackstar Enterprise Group's ROA % distribution charts can be found below:

* The bar in red indicates where Blackstar Enterprise Group's ROA % falls into.



Blackstar Enterprise Group ROA % Calculation

Blackstar Enterprise Group's annualized ROA % for the fiscal year that ended in Dec. 2021 is calculated as:

ROA %=Net Income (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=-2.184/( (0.094+0.683)/ 2 )
=-2.184/0.3885
=-562.16 %

Blackstar Enterprise Group's annualized ROA % for the quarter that ended in Sep. 2022 is calculated as:

ROA %=Net Income (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=-0.856/( (0.409+0.324)/ 2 )
=-0.856/0.3665
=-233.56 %

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


Blackstar Enterprise Group  (OTCPK:BEGI) 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. 2022 )
=Net Income/Total Assets
=-0.856/0.3665
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.856 / 0)*(0 / 0.3665)
=Net Margin %*Asset Turnover
=N/A %*0
=-233.56 %

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


Blackstar Enterprise Group ROA % Related Terms

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Blackstar Enterprise Group (OTCPK:BEGI) Business Description

Blackstar Enterprise Group logo
Traded in Other Exchanges
N/A
Address
4450 Arapahoe Avenue, Suite 100, Boulder, CO, USA, 80303
Blackstar Enterprise Group Inc is engaged in Merchant Banking and Finance business. The company intends to gain exposure to the blockchain ecosystem through targeted joint ventures in the sector. It also offers consulting and regulatory compliance services to crypto-equity companies.
Executives
Harris John N director, 10 percent owner, officer: CEO PO BOX 1547 LYONS CO 80540
International Hedge Group, Inc. 10 percent owner 1711 WALES DRIVE BERTHOUD CO 80513
Kurczodyna Joseph E director, 10 percent owner, officer: CFO 1711 WALES DRIVE BERTHOUD CO 80513
Lahr Todd Harold 10 percent owner, other: Former President & Director 134 3RD ST NAZARETH PA 18064
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