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BKF Capital Group (BKF Capital Group) ROA % : -23.06% (As of Jun. 2018)


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What is BKF Capital Group ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. BKF Capital Group's annualized Net Income for the quarter that ended in Jun. 2018 was $-1.53 Mil. BKF Capital Group's average Total Assets over the quarter that ended in Jun. 2018 was $6.62 Mil. Therefore, BKF Capital Group's annualized ROA % for the quarter that ended in Jun. 2018 was -23.06%.

The historical rank and industry rank for BKF Capital Group's ROA % or its related term are showing as below:

BKFG's ROA % is not ranked *
in the Asset Management industry.
Industry Median: 2.6
* Ranked among companies with meaningful ROA % only.

BKF Capital Group ROA % Historical Data

The historical data trend for BKF Capital Group'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.

BKF Capital Group ROA % Chart

BKF Capital Group Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.80 -18.04 -29.11 -15.45 -10.96

BKF Capital Group Semi-Annual Data
Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Dec15 Jun17 Jun18
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 -18.86 -10.73 - -0.77 -23.06

Competitive Comparison of BKF Capital Group's ROA %

For the Asset Management subindustry, BKF Capital Group'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.


BKF Capital Group's ROA % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BKF Capital Group's ROA % distribution charts can be found below:

* The bar in red indicates where BKF Capital Group's ROA % falls into.



BKF Capital Group ROA % Calculation

BKF Capital Group's annualized ROA % for the fiscal year that ended in Dec. 2015 is calculated as:

ROA %=Net Income (A: Dec. 2015 )/( (Total Assets (A: Dec. 2014 )+Total Assets (A: Dec. 2015 ))/ count )
=-0.608/( (5.915+5.176)/ 2 )
=-0.608/5.5455
=-10.96 %

BKF Capital Group's annualized ROA % for the quarter that ended in Jun. 2018 is calculated as:

ROA %=Net Income (Q: Jun. 2018 )/( (Total Assets (Q: Jun. 2017 )+Total Assets (Q: Jun. 2018 ))/ count )
=-1.526/( (0+6.618)/ 1 )
=-1.526/6.618
=-23.06 %

* 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 two times the semi-annual (Jun. 2018) net income data. ROA % is displayed in the 30-year financial page.


BKF Capital Group  (OTCPK:BKFG) 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. 2018 )
=Net Income/Total Assets
=-1.526/6.618
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.526 / -1.25)*(-1.25 / 6.618)
=Net Margin %*Asset Turnover
=122.08 %*-0.1889
=-23.06 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2018) net income data. The Revenue data used here is two times the semi-annual (Jun. 2018) 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.


BKF Capital Group ROA % Related Terms

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BKF Capital Group (BKF Capital Group) Business Description

Traded in Other Exchanges
N/A
Address
1 Jenner, Suite 200, Irvine, CA, USA, 92618
BKF Capital Group Inc operates in the investment advisory and asset management business. The company is seeking to arrange for a merger, acquisition, business combination, or other arrangements by and between the company and a viable operating entity.
Executives
Steven N Bronson director, 10 percent owner, officer: CEO
Leonard Hagan director 650 THOMAS AVENUE, BALDWIN NY 11510
Icahn Onshore Lp 10 percent owner 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
David S. Schechter director C/O ICAHN CAPITAL LP, 767 FIFTH AVENUE, SUITE 4700, NEW YORK NY 10153
Icahn Capital Lp 10 percent owner 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Iph Gp Llc 10 percent owner 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Icahn Offshore Lp 10 percent owner 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Hopper Investments Llc 10 percent owner 445 HAMILTON AVENUE, SUITE 1210, WHITE PLAINS NY 10601
Icahn Enterprises G.p. Inc. 10 percent owner 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Beckton Corp 10 percent owner 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Icahn Enterprises Holdings L.p. 10 percent owner 16690 COLLINS AVE,, PH, SUNNY ISLES FL 33160
Barberry Corp /ny/ 10 percent owner 16630 COLLINS AVENUE, PH, SUNNY ISLES FL 33160
Carl C Icahn 10 percent owner C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Icahn Partners Master Fund Lp 10 percent owner 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Icahn Partners Lp 10 percent owner 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160

BKF Capital Group (BKF Capital Group) Headlines

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