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Consolidated Gems (Consolidated Gems) ROA % : -10,800.00% (As of Dec. 2016)


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What is Consolidated Gems ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Consolidated Gems's annualized Net Income for the quarter that ended in Dec. 2016 was $-0.22 Mil. Consolidated Gems's average Total Assets over the quarter that ended in Dec. 2016 was $0.00 Mil. Therefore, Consolidated Gems's annualized ROA % for the quarter that ended in Dec. 2016 was -10,800.00%.

The historical rank and industry rank for Consolidated Gems's ROA % or its related term are showing as below:

CGEM's ROA % is not ranked *
in the Metals & Mining industry.
Industry Median: -14.955
* Ranked among companies with meaningful ROA % only.

Consolidated Gems ROA % Historical Data

The historical data trend for Consolidated Gems'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.

Consolidated Gems ROA % Chart

Consolidated Gems Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,714.29 -4,220.00 -635.29 -615.38 -11,650.00

Consolidated Gems Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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 -12,400.00 -241.67 -898.97 -6,000.00 -10,800.00

Competitive Comparison of Consolidated Gems's ROA %

For the Other Industrial Metals & Mining subindustry, Consolidated Gems'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.


Consolidated Gems's ROA % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Consolidated Gems's ROA % distribution charts can be found below:

* The bar in red indicates where Consolidated Gems's ROA % falls into.



Consolidated Gems ROA % Calculation

Consolidated Gems's annualized ROA % for the fiscal year that ended in Dec. 2016 is calculated as:

ROA %=Net Income (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=-0.233/( (0+0.002)/ 1 )
=-0.233/0.002
=-11,650.00 %

Consolidated Gems's annualized ROA % for the quarter that ended in Dec. 2016 is calculated as:

ROA %=Net Income (Q: Dec. 2016 )/( (Total Assets (Q: Sep. 2016 )+Total Assets (Q: Dec. 2016 ))/ count )
=-0.216/( (0+0.002)/ 1 )
=-0.216/0.002
=-10,800.00 %

* 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. 2016) net income data. ROA % is displayed in the 30-year financial page.


Consolidated Gems  (GREY:CGEM) 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. 2016 )
=Net Income/Total Assets
=-0.216/0.002
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.216 / 0)*(0 / 0.002)
=Net Margin %*Asset Turnover
=N/A %*0
=-10,800.00 %

Note: The Net Income data used here is four times the quarterly (Dec. 2016) net income data. The Revenue data used here is four times the quarterly (Dec. 2016) 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.


Consolidated Gems ROA % Related Terms

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Consolidated Gems (Consolidated Gems) Business Description

Traded in Other Exchanges
N/A
Address
42 Moray Street Southbank, Level 1A, Melbourne, VIC, AUS, 3004
Website
Consolidated Gems Inc is a US-based development stage company, which operates as exploration and mining company. It focuses on evaluating various gem related projects in order to generate value for shareholders and was assessing several gem opportunities. The company plans to look for opportunities in the resources industry. It holds exploration on the gem tenement in New South Wales, Australia and further, it has decided to relinquish the exploration license.