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Fundo Investimento Imobiliario Hospital Unimed SUL Capixaba (BSP:HUSC11) ROA % : 14.07% (As of Dec. 2023)


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What is Fundo Investimento Imobiliario Hospital Unimed SUL Capixaba ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Fundo Investimento Imobiliario Hospital Unimed SUL Capixaba's annualized Net Income for the quarter that ended in Dec. 2023 was R$17.89 Mil. Fundo Investimento Imobiliario Hospital Unimed SUL Capixaba's average Total Assets over the quarter that ended in Dec. 2023 was R$127.18 Mil. Therefore, Fundo Investimento Imobiliario Hospital Unimed SUL Capixaba's annualized ROA % for the quarter that ended in Dec. 2023 was 14.07%.

The historical rank and industry rank for Fundo Investimento Imobiliario Hospital Unimed SUL Capixaba's ROA % or its related term are showing as below:

BSP:HUSC11' s ROA % Range Over the Past 10 Years
Min: -13.14   Med: 9.41   Max: 31.69
Current: 14.07

During the past 7 years, Fundo Investimento Imobiliario Hospital Unimed SUL Capixaba's highest ROA % was 31.69%. The lowest was -13.14%. And the median was 9.41%.

BSP:HUSC11's ROA % is ranked better than
92.88% of 801 companies
in the REITs industry
Industry Median: 2.15 vs BSP:HUSC11: 14.07

Fundo Investimento Imobiliario Hospital Unimed SUL Capixaba ROA % Historical Data

The historical data trend for Fundo Investimento Imobiliario Hospital Unimed SUL Capixaba'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.

Fundo Investimento Imobiliario Hospital Unimed SUL Capixaba ROA % Chart

Fundo Investimento Imobiliario Hospital Unimed SUL Capixaba Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial -0.25 31.69 14.85 9.41 14.07

Fundo Investimento Imobiliario Hospital Unimed SUL Capixaba Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA % Get a 7-Day Free Trial -0.25 31.69 14.85 9.41 14.07

Competitive Comparison of Fundo Investimento Imobiliario Hospital Unimed SUL Capixaba's ROA %

For the REIT - Healthcare Facilities subindustry, Fundo Investimento Imobiliario Hospital Unimed SUL Capixaba'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.


Fundo Investimento Imobiliario Hospital Unimed SUL Capixaba's ROA % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fundo Investimento Imobiliario Hospital Unimed SUL Capixaba's ROA % distribution charts can be found below:

* The bar in red indicates where Fundo Investimento Imobiliario Hospital Unimed SUL Capixaba's ROA % falls into.



Fundo Investimento Imobiliario Hospital Unimed SUL Capixaba ROA % Calculation

Fundo Investimento Imobiliario Hospital Unimed SUL Capixaba's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=17.893/( (120.996+133.358)/ 2 )
=17.893/127.177
=14.07 %

Fundo Investimento Imobiliario Hospital Unimed SUL Capixaba's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=17.893/( (120.996+133.358)/ 2 )
=17.893/127.177
=14.07 %

* 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 one times the annual (Dec. 2023) net income data. ROA % is displayed in the 30-year financial page.


Fundo Investimento Imobiliario Hospital Unimed SUL Capixaba  (BSP:HUSC11) 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: Dec. 2023 )
=Net Income/Total Assets
=17.893/127.177
=(Net Income / Revenue)*(Revenue / Total Assets)
=(17.893 / 18.162)*(18.162 / 127.177)
=Net Margin %*Asset Turnover
=98.52 %*0.1428
=14.07 %

Note: The Net Income data used here is one times the annual (Dec. 2023) net income data. The Revenue data used here is one times the annual (Dec. 2023) 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.


Fundo Investimento Imobiliario Hospital Unimed SUL Capixaba ROA % Related Terms

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Fundo Investimento Imobiliario Hospital Unimed SUL Capixaba (BSP:HUSC11) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Avenue Chedid Jafet, 222, Bloco B, 3rd Floor, Sao Paulo, BRA, 04511-065
Fundo Investimento Imobiliario Hospital Unimed SUL Capixaba is a real estate investment fund of the ANBIMA development type for passive income management of other segments. Its investments are intended for investments in hospital real estate projects.

Fundo Investimento Imobiliario Hospital Unimed SUL Capixaba (BSP:HUSC11) Headlines

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