BioPower Operations (BioPower Operations) ROA % : -146,369.23% (As of May. 2023)

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What is BioPower Operations ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. BioPower Operations's annualized Net Income for the quarter that ended in May. 2023 was $-19.03 Mil. BioPower Operations's average Total Assets over the quarter that ended in May. 2023 was $0.01 Mil. Therefore, BioPower Operations's annualized ROA % for the quarter that ended in May. 2023 was -146,369.23%.

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

BOPO' s ROA % Range Over the Past 10 Years
Min: -5527.5 Med: -825.41 Max: -329.59
Current: -4319.33

During the past 9 years, BioPower Operations's highest ROA % was -329.59%. The lowest was -5527.50%. And the median was -825.41%.

BOPO's ROA % is ranked worse than
99.52% of 629 companies
in the Diversified Financial Services industry
Industry Median: -0.34 vs BOPO: -4319.33

BioPower Operations ROA % Historical Data

The historical data trend for BioPower Operations'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.

BioPower Operations ROA % Chart

BioPower Operations Annual Data

Trend

Nov11

Nov12

Nov13

Nov14

Nov15

Nov19

Nov20

Nov21

Nov22

ROA %

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-5,527.50

-406.25

-459.38

-1,441.82

BioPower Operations Quarterly Data
	Aug15	Nov15	Feb16	May16	Aug16	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23
ROA %	Get a 7-Day Free Trial															-12.37	-289.61	-5,728.00	-18,666.67	-146,369.23

Competitive Comparison of BioPower Operations's ROA %

For the Shell Companies subindustry, BioPower Operations'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.

BioPower Operations's ROA % Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where BioPower Operations's ROA % falls into.

BioPower Operations ROA % Calculation

BioPower Operations's annualized ROA % for the fiscal year that ended in Nov. 2022 is calculated as:

ROA %	=	Net Income (A: Nov. 2022 )	/	( (Total Assets (A: Nov. 2021 )	+	Total Assets (A: Nov. 2022 ))	/ count )
	=	-0.793	/	( (0.096	+	0.014)	/ 2 )
	=	-0.793	/	0.055
	=	-1,441.82 %

BioPower Operations's annualized ROA % for the quarter that ended in May. 2023 is calculated as:

ROA %	=	Net Income (Q: May. 2023 )	/	( (Total Assets (Q: Feb. 2023 )	+	Total Assets (Q: May. 2023 ))	/ count )
	=	-19.028	/	( (0.013	+	0.013)	/ 2 )
	=	-19.028	/	0.013
	=	-146,369.23 %

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 (May. 2023) net income data. ROA % is displayed in the 30-year financial page.

BioPower Operations (OTCPK:BOPO) 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 banks 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: May. 2023 )
=	Net Income	/	Total Assets
=	-19.028	/	0.013
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(-19.028 / 0)	*	(0 / 0.013)
=	Net Margin %	*	Asset Turnover
=	N/A %	*	0
=	-146,369.23 %

Note: The Net Income data used here is four times the quarterly (May. 2023) net income data. The Revenue data used here is four times the quarterly (May. 2023) revenue data.

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.

BioPower Operations ROA % Related Terms

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