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Shoe Carnival ROA %

: 23.05% (As of Jul. 2021)
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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Shoe Carnival's annualized Net Income for the quarter that ended in Jul. 2021 was $177 Mil. Shoe Carnival's average Total Assets over the quarter that ended in Jul. 2021 was $767 Mil. Therefore, Shoe Carnival's annualized ROA % for the quarter that ended in Jul. 2021 was 23.05%.

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

NAS:SCVL' s ROA % Range Over the Past 10 Years
Min: 2.52   Med: 6.23   Max: 15.7
Current: 15.7

2.52
15.7

During the past 13 years, Shoe Carnival's highest ROA % was 15.70%. The lowest was 2.52%. And the median was 6.23%.

NAS:SCVL's ROA % is ranked higher than
61% of the 208 Companies
in the Retail - Cyclical industry.

( Industry Median: 4.69 vs. NAS:SCVL: 15.70 )

Shoe Carnival ROA % Historical Data

The historical data trend for Shoe Carnival'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.

Shoe Carnival Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21
ROA %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.01 4.33 9.15 8.20 2.52

Shoe Carnival Quarterly Data
Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21
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 6.10 8.94 4.70 24.84 23.05

Competitive Comparison

For the Apparel Retail subindustry, Shoe Carnival'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.

   

Shoe Carnival ROA % Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Shoe Carnival's ROA % distribution charts can be found below:

* The bar in red indicates where Shoe Carnival's ROA % falls into.



Shoe Carnival ROA % Calculation

Shoe Carnival's annualized ROA % for the fiscal year that ended in Jan. 2021 is calculated as:

ROA %=Net Income (A: Jan. 2021 )/( (Total Assets (A: Jan. 2020 )+Total Assets (A: Jan. 2021 ))/ count )
=15.991/( (628.374+642.747)/ 2 )
=15.991/635.5605
=2.52 %

Shoe Carnival's annualized ROA % for the quarter that ended in Jul. 2021 is calculated as:

ROA %=Net Income (Q: Jul. 2021 )/( (Total Assets (Q: Apr. 2021 )+Total Assets (Q: Jul. 2021 ))/ count )
=176.848/( (750.089+784.056)/ 2 )
=176.848/767.0725
=23.05 %

* 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 (Jul. 2021) net income data. ROA % is displayed in the 30-year financial page.


Shoe Carnival  (NAS:SCVL) 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: Jul. 2021 )
=Net Income/Total Assets
=176.848/767.0725
=(Net Income / Revenue)*(Revenue / Total Assets)
=(176.848 / 1328.92)*(1328.92 / 767.0725)
=Net Margin %*Asset Turnover
=13.31 %*1.7325
=23.05 %

Note: The Net Income data used here is four times the quarterly (Jul. 2021) net income data. The Revenue data used here is four times the quarterly (Jul. 2021) 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.


Shoe Carnival ROA % Related Terms

Thank you for viewing the detailed overview of Shoe Carnival's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Shoe Carnival Business Description

Shoe Carnival logo
Industry
Consumer Cyclical » Retail - Cyclical NAICS : 448210 SIC : 5661
Traded in Other Exchanges
Address
7500 East Columbia Street, Evansville, IN, USA, 47715
Shoe Carnival Inc is a footwear retailer with hundreds of stores in the United States. It offers moderately priced, name-brand dress, casual, and athletic footwear for men, women, and children. Its average store has more than 27,000 pairs of shoes. The company promotes a shopping experience that includes contests, games, and a person on a stage with a microphone to announce limited-time specials. To enable its value-pricing strategy, Shoe Carnival minimizes staffing needs by housing all merchandise on the selling floor and leases store locations in open-air shopping centers. The company buys its merchandise from hundreds of vendors, with Nike and Skechers accounting for a substantial portion of total company sales. All merchandise goes through the company's distribution center in Indiana.
Executives
Sifford Clifton E director, officer: VICE CHAIRMAN & CEO PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: SIFFORD CLIFTON E a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Baker Timothy T officer: EXEC. VP - CHIEF RETAIL PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: BAKER TIMOTHY T a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Tomm Charles B. director 201 N. FRANKLIN STREET SUITE 2800 TAMPA FL 33602
Scibetta Carl N. officer: EVP - CHIEF MERCHANDISE OFF. 7500 EAST COLUMBIA STREET EVANSVILLE IN 47715
Kleeberger Kent A director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: KLEEBERGER KENT A a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Aschleman James A director 300 N MERIDIAN ST STE 2700 INDIANAPOLIS IN 46204
Wood Joseph W director 4896 DEER RIDGE DRIVE SOUTH CARMEL IN 46033
Guthrie Andrea R. director 7500 EAST COLUMBIA STREET EVANSVILLE IN 47715
Jackson W Kerry officer: SENIOR EVP - CFO & CAO PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: JACKSON W KERRY a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Worden Mark J. officer: PRESIDENT & CHIEF CUSTOMER OFF 7500 E. COLUMBIA STREET EVANSVILLE IN 47715
Weaver Wayne J director, 10 percent owner, officer: CHAIRMAN OF THE BOARD TWO STAMFORD PLAZA 281 TRESSER BLVD P O BOX 1214 STAMFORD CT 06904-1214
Weaver Delores B 10 percent owner TWO STAMFORD PLAZA 281 TRESSER BLVD P O BOX 1214 STAMFORD CT 06904-1214
Gerstel Jeffrey C director 933 MACARTHUR BOULEVARD MAHWAH NJ 07430
Yearwood Kathy A officer: SVP CONTROLLER/PAO 7500 EAST COLUMBIA STREET EVANSVILLE IN 47715
Schoor Gerald W director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: SCHOOR GERALD W a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}

Shoe Carnival Headlines

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