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Integrated Ventures (Integrated Ventures) ROA %

: -25.35% (As of Dec. 2023)
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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Integrated Ventures's annualized Net Income for the quarter that ended in Dec. 2023 was $-1.42 Mil. Integrated Ventures's average Total Assets over the quarter that ended in Dec. 2023 was $5.59 Mil. Therefore, Integrated Ventures's annualized ROA % for the quarter that ended in Dec. 2023 was -25.35%.

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

INTV' s ROA % Range Over the Past 10 Years
Min: -12270.73   Med: -975.69   Max: -3.82
Current: -350.93

During the past 13 years, Integrated Ventures's highest ROA % was -3.82%. The lowest was -12270.73%. And the median was -975.69%.

INTV's ROA % is ranked worse than
98.41% of 2825 companies
in the Software industry
Industry Median: 0.97 vs INTV: -350.93

Integrated Ventures ROA % Historical Data

The historical data trend for Integrated Ventures'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.

Integrated Ventures Annual Data
Trend Mar14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROA %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -975.69 -129.81 -322.52 -3.82 -222.63

Integrated Ventures Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -19.38 -47.63 -856.55 -586.74 -25.35

Competitive Comparison

For the Software - Application subindustry, Integrated Ventures'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.


Integrated Ventures ROA % Distribution

For the Software industry and Technology sector, Integrated Ventures's ROA % distribution charts can be found below:

* The bar in red indicates where Integrated Ventures's ROA % falls into.



Integrated Ventures ROA % Calculation

Integrated Ventures's annualized ROA % for the fiscal year that ended in Jun. 2023 is calculated as:

ROA %=Net Income (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=-25.46/( (16.281+6.591)/ 2 )
=-25.46/11.436
=-222.63 %

Integrated Ventures's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-1.416/( (5.728+5.445)/ 2 )
=-1.416/5.5865
=-25.35 %

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


Integrated Ventures  (OTCPK:INTV) 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: Dec. 2023 )
=Net Income/Total Assets
=-1.416/5.5865
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.416 / 6.912)*(6.912 / 5.5865)
=Net Margin %*Asset Turnover
=-20.49 %*1.2373
=-25.35 %

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


Integrated Ventures ROA % Related Terms

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Integrated Ventures (Integrated Ventures) Business Description

Traded in Other Exchanges
N/A
Address
18385 Route 287, Tioga, Huntingdon Valley, PA, USA, 16946
Integrated Ventures Inc engaged in acquiring, launching and operating companies in the cryptocurrency sector. The company is focused on activities such as digital currency mining, equipment manufacturing, and sales of branded mining rigs, as well as blockchain software development. It earns its cryptocurrency mining revenues by providing transaction verification services within the digital currency networks of cryptocurrencies, such as Bitcoin, Litecoin, and Ethereum.
Executives
Steve Rubakh director, officer: CEO 73 BUCK RD., SUITE 2, HUNTINGDON VALLEY PA 19006
Johnny Falcones director 73 BUCK ROAD, SUITE 2, HUNTINGDON VALLEY NY 19006
Daniel Grillo director 340 MADISON AVENUE, NEW YORK NY 10173