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Nukkleus (Nukkleus) ROA % : -31.96% (As of Jun. 2023)


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What is Nukkleus ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Nukkleus's annualized Net Income for the quarter that ended in Jun. 2023 was $-4.84 Mil. Nukkleus's average Total Assets over the quarter that ended in Jun. 2023 was $15.15 Mil. Therefore, Nukkleus's annualized ROA % for the quarter that ended in Jun. 2023 was -31.96%.

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

NUKK' s ROA % Range Over the Past 10 Years
Min: -346.15   Med: -30.05   Max: -5.05
Current: -48.98

During the past 10 years, Nukkleus's highest ROA % was -5.05%. The lowest was -346.15%. And the median was -30.05%.

NUKK's ROA % is ranked worse than
88.8% of 2822 companies
in the Software industry
Industry Median: 0.975 vs NUKK: -48.98

Nukkleus ROA % Historical Data

The historical data trend for Nukkleus'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.

Nukkleus ROA % Chart

Nukkleus Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -30.05 -286.84 -5.05 -9.55 -69.32

Nukkleus Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -36.74 -122.19 -21.52 -16.65 -31.96

Competitive Comparison of Nukkleus's ROA %

For the Software - Application subindustry, Nukkleus'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.


Nukkleus's ROA % Distribution in the Software Industry

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

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



Nukkleus ROA % Calculation

Nukkleus's annualized ROA % for the fiscal year that ended in Sep. 2022 is calculated as:

ROA %=Net Income (A: Sep. 2022 )/( (Total Assets (A: Sep. 2021 )+Total Assets (A: Sep. 2022 ))/ count )
=-11.846/( (15.815+18.365)/ 2 )
=-11.846/17.09
=-69.32 %

Nukkleus's annualized ROA % for the quarter that ended in Jun. 2023 is calculated as:

ROA %=Net Income (Q: Jun. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Jun. 2023 ))/ count )
=-4.84/( (14.944+15.347)/ 2 )
=-4.84/15.1455
=-31.96 %

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


Nukkleus  (NAS:NUKK) 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. 2023 )
=Net Income/Total Assets
=-4.84/15.1455
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-4.84 / 20.848)*(20.848 / 15.1455)
=Net Margin %*Asset Turnover
=-23.22 %*1.3765
=-31.96 %

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


Nukkleus ROA % Related Terms

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Nukkleus (Nukkleus) Business Description

Traded in Other Exchanges
Address
525 Washington Boulevard, 14th Floor, Jersey, NJ, USA, 07310
Nukkleus Inc is a financial technology company that is focused on providing software and technology solutions. The company's operating segment includes General support services and Financial services. General support services include providing software, technology, customer sales and marketing, and risk management technology hardware and software solutions package under a GSA to a related party. Financial services include providing payment services from one fiat currency to another or to digital assets. It generates maximum revenue from the General support services segment. Geographically, the majority is from the United Kingdom.
Executives
Emil Assentato director, 10 percent owner, officer: Chief Executive Officer 525 WASHINGTON BLVD., JERSEY CITY NJ 07310
Jamal Khurshid officer: Chief Operating Officer BEAMS END, OLD BRIGHTON ROAD, PEASE POTTAGE X0 RH11 9AJ