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Galaxy Entertainment Group ROA %

: 2.05% (As of Jun. 2021)
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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Galaxy Entertainment Group's annualized Net Income for the quarter that ended in Jun. 2021 was $244 Mil. Galaxy Entertainment Group's average Total Assets over the quarter that ended in Jun. 2021 was $11,895 Mil. Therefore, Galaxy Entertainment Group's annualized ROA % for the quarter that ended in Jun. 2021 was 2.05%.

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

OTCPK:GXYYY' s ROA % Range Over the Past 10 Years
Min: -4.22   Med: 14.13   Max: 22.18
Current: -0.18

-4.22
22.18

During the past 13 years, Galaxy Entertainment Group's highest ROA % was 22.18%. The lowest was -4.22%. And the median was 14.13%.

OTCPK:GXYYY's ROA % is ranked lower than
80% of the 143 Companies
in the Travel & Leisure industry.

( Industry Median: 3.32 vs. OTCPK:GXYYY: -0.18 )

Galaxy Entertainment Group ROA % Historical Data

The historical data trend for Galaxy Entertainment 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.

Galaxy Entertainment Group 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 10.33 13.96 15.77 14.26 -4.23

Galaxy Entertainment Group Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 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 14.86 13.55 -6.05 -2.40 2.05

Competitive Comparison

For the Resorts & Casinos subindustry, Galaxy Entertainment 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.

   

Galaxy Entertainment Group ROA % Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Galaxy Entertainment Group's ROA % distribution charts can be found below:

* The bar in red indicates where Galaxy Entertainment Group's ROA % falls into.



Galaxy Entertainment Group ROA % Calculation

Galaxy Entertainment Group'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 )
=-512.52957339491/( (12261.665961945+11961.813103884)/ 2 )
=-512.52957339491/12111.739532915
=-4.23 %

Galaxy Entertainment Group's annualized ROA % for the quarter that ended in Jun. 2021 is calculated as:

ROA %=Net Income (Q: Jun. 2021 )/( (Total Assets (Q: Dec. 2020 )+Total Assets (Q: Jun. 2021 ))/ count )
=244.0529780847/( (11961.813103884+11828.11110968)/ 2 )
=244.0529780847/11894.962106782
=2.05 %

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


Galaxy Entertainment Group  (OTCPK:GXYYY) 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
=244.0529780847/11894.962106782
=(Net Income / Revenue)*(Revenue / Total Assets)
=(244.0529780847 / 2746.9696071737)*(2746.9696071737 / 11894.962106782)
=Net Margin %*Asset Turnover
=8.88 %*0.2309
=2.05 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2021) net income data. The Revenue data used here is two times the semi-annual (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.


Galaxy Entertainment Group ROA % Related Terms

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


Galaxy Entertainment Group Business Description

Galaxy Entertainment Group logo
Industry
Traded in Other Exchanges
Address
111 Connaught Road Central, 22nd Floor, Wing On Centre, Hong Kong, HKG
Galaxy Entertainment is one of six casino license holders in Macao. Its major properties include Starworld casino in the Macao Peninsula and Galaxy Macau phases 1 and 2 in Cotai, with a hotel room inventory of approximately 4,300.
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