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Multi Solutions II (Multi Solutions II) ROA % : -2,545.45% (As of Jan. 2024)


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What is Multi Solutions II ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Multi Solutions II's annualized Net Income for the quarter that ended in Jan. 2024 was $-0.14 Mil. Multi Solutions II's average Total Assets over the quarter that ended in Jan. 2024 was $0.01 Mil. Therefore, Multi Solutions II's annualized ROA % for the quarter that ended in Jan. 2024 was -2,545.45%.

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

MUSS' s ROA % Range Over the Past 10 Years
Min: -1200   Med: -452.11   Max: -237.33
Current: -1000

During the past 13 years, Multi Solutions II's highest ROA % was -237.33%. The lowest was -1200.00%. And the median was -452.11%.

MUSS's ROA % is not ranked
in the Diversified Financial Services industry.
Industry Median: -0.46 vs MUSS: -1000.00

Multi Solutions II ROA % Historical Data

The historical data trend for Multi Solutions II'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.

Multi Solutions II ROA % Chart

Multi Solutions II Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -332.08 -471.79 -1,200.00 -1,040.00 -1,388.24

Multi Solutions II Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
ROA % Get a 7-Day Free Trial 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 -1,347.37 -666.67 -775.00 -1,018.18 -2,545.45

Competitive Comparison of Multi Solutions II's ROA %

For the Shell Companies subindustry, Multi Solutions II'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.


Multi Solutions II's ROA % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Multi Solutions II's ROA % distribution charts can be found below:

* The bar in red indicates where Multi Solutions II's ROA % falls into.



Multi Solutions II ROA % Calculation

Multi Solutions II's annualized ROA % for the fiscal year that ended in Jan. 2024 is calculated as:

ROA %=Net Income (A: Jan. 2024 )/( (Total Assets (A: Jan. 2023 )+Total Assets (A: Jan. 2024 ))/ count )
=-0.118/( (0.013+0.004)/ 2 )
=-0.118/0.0085
=-1,388.24 %

Multi Solutions II's annualized ROA % for the quarter that ended in Jan. 2024 is calculated as:

ROA %=Net Income (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=-0.14/( (0.007+0.004)/ 2 )
=-0.14/0.0055
=-2,545.45 %

* 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 (Jan. 2024) net income data. ROA % is displayed in the 30-year financial page.


Multi Solutions II  (OTCPK:MUSS) 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: Jan. 2024 )
=Net Income/Total Assets
=-0.14/0.0055
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.14 / 0)*(0 / 0.0055)
=Net Margin %*Asset Turnover
=N/A %*0
=-2,545.45 %

Note: The Net Income data used here is four times the quarterly (Jan. 2024) net income data. The Revenue data used here is four times the quarterly (Jan. 2024) 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.


Multi Solutions II ROA % Related Terms

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Multi Solutions II (Multi Solutions II) Business Description

Traded in Other Exchanges
N/A
Address
4400 Biscayne Boulevard, 10th Floor, Miami, FL, USA, 33137
Website
Multi Solutions II Inc is a blank check company.
Executives
Vector Group Ltd 10 percent owner 4400 BISCAYNE BOULEVARD, 10TH FLOOR, MIAMI FL 33137
Robert L Frome director, 10 percent owner 3220 TILLMAN DRIVE SUITE 300, BENSALEM PA 19020
Kirkland J Bryant Iii director, officer: President and CEO 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Robert M Lundgren director C/O CDSI HOLDINGS INC, 100 SE SECOND ST 32ND FL, MIAMI FL 33131
Deborah A Fasanelli officer: Secretary, Treasurer and CFO 100 SE 2ND STREET, 32ND FLOOR, MIAMI FL 33131
Michael Potter 10 percent owner 500 FIFTH AVENUE, SUITE 2240, NEW YORK NY 10110

Multi Solutions II (Multi Solutions II) Headlines

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