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South Dakota Soybean Processors LLC (South Dakota Soybean Processors LLC) ROA % : 19.19% (As of Dec. 2023)


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What is South Dakota Soybean Processors LLC ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. South Dakota Soybean Processors LLC's annualized Net Income for the quarter that ended in Dec. 2023 was $78.24 Mil. South Dakota Soybean Processors LLC's average Total Assets over the quarter that ended in Dec. 2023 was $407.61 Mil. Therefore, South Dakota Soybean Processors LLC's annualized ROA % for the quarter that ended in Dec. 2023 was 19.19%.

The historical rank and industry rank for South Dakota Soybean Processors LLC's ROA % or its related term are showing as below:

SDSYA's ROA % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 2.98
* Ranked among companies with meaningful ROA % only.

South Dakota Soybean Processors LLC ROA % Historical Data

The historical data trend for South Dakota Soybean Processors LLC'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.

South Dakota Soybean Processors LLC ROA % Chart

South Dakota Soybean Processors LLC Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROA %
- 11.42 24.25 19.15

South Dakota Soybean Processors LLC Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.52 28.79 12.24 20.95 19.19

Competitive Comparison of South Dakota Soybean Processors LLC's ROA %

For the Packaged Foods subindustry, South Dakota Soybean Processors LLC'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.


South Dakota Soybean Processors LLC's ROA % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, South Dakota Soybean Processors LLC's ROA % distribution charts can be found below:

* The bar in red indicates where South Dakota Soybean Processors LLC's ROA % falls into.



South Dakota Soybean Processors LLC ROA % Calculation

South Dakota Soybean Processors LLC'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 )
=70.45/( (311.197+424.741)/ 2 )
=70.45/367.969
=19.15 %

South Dakota Soybean Processors LLC's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=78.24/( (390.476+424.741)/ 2 )
=78.24/407.6085
=19.19 %

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


South Dakota Soybean Processors LLC  (OTCPK:SDSYA) 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
=78.24/407.6085
=(Net Income / Revenue)*(Revenue / Total Assets)
=(78.24 / 677.524)*(677.524 / 407.6085)
=Net Margin %*Asset Turnover
=11.55 %*1.6622
=19.19 %

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


South Dakota Soybean Processors LLC ROA % Related Terms

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South Dakota Soybean Processors LLC (South Dakota Soybean Processors LLC) Business Description

Traded in Other Exchanges
N/A
Address
100 Caspian Avenue, PO Box 500, Volga, SD, USA, 57071
South Dakota Soybean Processors LLC owns and operates a soybean processing plant and a soybean oil refinery. It is engaged in processing locally grown soybeans into soybean meal and soybean oil. The company offers the soybean meal to resellers, feed mills, and livestock producers as livestock feed. The Company principally generate revenue from merchandising and transporting manufactured agricultural products used as ingredients in food, feed, energy and industrial products. The Company generates most of its revenue by selling soybean meals in USA.

South Dakota Soybean Processors LLC (South Dakota Soybean Processors LLC) Headlines

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