>
Switch to:

Cross Timbers Royalty Trust ROA %

: 98.10% (As of Jun. 2021)
View and export this data going back to 1992. Start your Free Trial

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Cross Timbers Royalty Trust's annualized Net Income for the quarter that ended in Jun. 2021 was $6.68 Mil. Cross Timbers Royalty Trust's average Total Assets over the quarter that ended in Jun. 2021 was $6.81 Mil. Therefore, Cross Timbers Royalty Trust's annualized ROA % for the quarter that ended in Jun. 2021 was 98.10%.

The historical rank and industry rank for Cross Timbers Royalty Trust's ROA % or its related term are showing as below:

NYSE:CRT' s ROA % Range Over the Past 10 Years
Min: 50.37   Med: 75.11   Max: 126.51
Current: 55.34

50.37
126.51

During the past 13 years, Cross Timbers Royalty Trust's highest ROA % was 126.51%. The lowest was 50.37%. And the median was 75.11%.

NYSE:CRT's ROA % is ranked higher than
98% of the 1152 Companies
in the Oil & Gas industry.

( Industry Median: -0.18 vs. NYSE:CRT: 55.34 )

Cross Timbers Royalty Trust ROA % Historical Data

The historical data trend for Cross Timbers Royalty Trust'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.

Cross Timbers Royalty Trust Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROA %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 55.44 54.47 81.86 53.11 50.37

Cross Timbers Royalty Trust Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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 48.23 27.54 51.53 47.38 98.10

Competitive Comparison

For the Oil & Gas E&P subindustry, Cross Timbers Royalty Trust'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.

   

Cross Timbers Royalty Trust ROA % Distribution

For the Oil & Gas industry and Energy sector, Cross Timbers Royalty Trust's ROA % distribution charts can be found below:

* The bar in red indicates where Cross Timbers Royalty Trust's ROA % falls into.



Cross Timbers Royalty Trust ROA % Calculation

Cross Timbers Royalty Trust's annualized ROA % for the fiscal year that ended in Dec. 2020 is calculated as:

ROA %=Net Income (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=4.675/( (9.665+8.896)/ 2 )
=4.675/9.2805
=50.37 %

Cross Timbers Royalty Trust's annualized ROA % for the quarter that ended in Jun. 2021 is calculated as:

ROA %=Net Income (Q: Jun. 2021 )/( (Total Assets (Q: Mar. 2021 )+Total Assets (Q: Jun. 2021 ))/ count )
=6.676/( (8.647+4.964)/ 2 )
=6.676/6.8055
=98.10 %

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


Cross Timbers Royalty Trust  (NYSE:CRT) 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: Jun. 2021 )
=Net Income/Total Assets
=6.676/6.8055
=(Net Income / Revenue)*(Revenue / Total Assets)
=(6.676 / 7.168)*(7.168 / 6.8055)
=Net Margin %*Asset Turnover
=93.14 %*1.0533
=98.10 %

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


Cross Timbers Royalty Trust ROA % Related Terms

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


Cross Timbers Royalty Trust Business Description

Cross Timbers Royalty Trust logo
Industry
Energy » Oil & Gas NAICS : 211120 SIC : 6792
Traded in Other Exchanges
N/A
Address
c/o Corporate Trustee Simmons Bank, 2911 Turtle Creek Boulevard, Suite 850, Dallas, TX, USA, 75219
Cross Timbers Royalty Trust is a United States based trust. Its principal asset is the net profits interests. The net profits interests are derived from producing royalty, overriding royalty interests, and working interests properties. The underlying properties of the trust include producing properties in Texas, Oklahoma, and New Mexico.
Executives
Simpson Gary D. officer: Sr VP Investor Rel & Finance, other: Advisory Dir - XTO Energy Inc. 810 HOUSTON STREET FORT WORTH TX 76102
Vennerberg Vaughn O Ii officer: Sr Exec VP and Chief of Staff PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: VENNERBERG VAUGHN O II 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;}
Simpson Bob R officer: Dir., CEO and Chairman PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: SIMPSON BOB R 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;}
Petrus Timothy L other: Exec VP - XTO Energy Inc. 810 HOUSTON STREET FORT WORTH TX 76102
Kevil Phillip R other: Director-XTO Energy Inc. PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: KEVIL PHILLIP R 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;}
Kniffen Bennie G other: Sr. VP-Controller, XTO Energy PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: KNIFFEN BENNIE G 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;}
Palko Steffen E Dir, Pres. and Vice Chairman, other: Dir/Pres/Vice Chair-XTO Energy PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: PALKO STEFFEN 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;}
Baldwin Louis G other: Executive VP-CFO, XTO Energy PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: BALDWIN LOUIS G 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;}
Hutton Keith A other: Exec. VP-Operation, XTO Energy PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: HUTTON KEITH 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;}
Collins Lane G other: Director, XTO Energy PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: COLLINS LANE G 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;}
Randall Jack P other: Director, XTO Energy Inc. PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: RANDALL JACK P 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;}
Adams William H Iii other: Director, XTO Energy Inc. 777 TAYLOR STREET, SUITE 810 FORT WORTH TX 76102
Sherman Scott G other: Director XTO Energy Inc. PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: SHERMAN SCOTT G 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;}
Simons Herbert D other: Director, XTO Energy Inc. PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: SIMONS HERBERT D 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;}

Cross Timbers Royalty Trust Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)