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Samsara Luggage ROA %

: -415.18% (As of Sep. 2021)
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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Samsara Luggage's annualized Net Income for the quarter that ended in Sep. 2021 was $-2.19 Mil. Samsara Luggage's average Total Assets over the quarter that ended in Sep. 2021 was $0.53 Mil. Therefore, Samsara Luggage's annualized ROA % for the quarter that ended in Sep. 2021 was -415.18%.

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

OTCPK:SAML' s ROA % Range Over the Past 10 Years
Min: -6500   Med: -381.4   Max: -94.44
Current: -952.44

-6500
-94.44

During the past 10 years, Samsara Luggage's highest ROA % was -94.44%. The lowest was -6500.00%. And the median was -381.40%.

OTCPK:SAML's ROA % is ranked higher than
51% of the 98 Companies
in the Manufacturing - Apparel & Accessories industry.

( Industry Median: 4.71 vs. OTCPK:SAML: -952.44 )

Samsara Luggage ROA % Historical Data

The historical data trend for Samsara Luggage'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.

Samsara Luggage Annual Data
Trend Jul11 Jul12 Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Dec20
ROA %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -441.98 -226.99 -251.16 -320.82 -271.11

Samsara Luggage Quarterly Data
Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 -821.32 -400.77 -1,387.98 -3,281.96 -415.18

Competitive Comparison

For the Footwear & Accessories subindustry, Samsara Luggage'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.

   

Samsara Luggage ROA % Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Samsara Luggage's ROA % distribution charts can be found below:

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



Samsara Luggage ROA % Calculation

Samsara Luggage's annualized ROA % for the fiscal year that ended in Dec. 2020 is calculated as:

ROA %=Net Income (A: Dec. 2020 )/( (Total Assets (A: Jul. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=-1.14/( (0.626+0.215)/ 2 )
=-1.14/0.4205
=-271.11 %

Samsara Luggage's annualized ROA % for the quarter that ended in Sep. 2021 is calculated as:

ROA %=Net Income (Q: Sep. 2021 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Sep. 2021 ))/ count )
=-2.188/( (0.298+0.756)/ 2 )
=-2.188/0.527
=-415.18 %

* 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 (Sep. 2021) net income data. ROA % is displayed in the 30-year financial page.


Samsara Luggage  (OTCPK:SAML) 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: Sep. 2021 )
=Net Income/Total Assets
=-2.188/0.527
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.188 / 0.44)*(0.44 / 0.527)
=Net Margin %*Asset Turnover
=-497.27 %*0.8349
=-415.18 %

Note: The Net Income data used here is four times the quarterly (Sep. 2021) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


Samsara Luggage ROA % Related Terms

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


Samsara Luggage Business Description

Samsara Luggage logo
Traded in Other Exchanges
N/A
Address
One University Plaza, Suite 505, Hackensack, NJ, USA, 07601
Samsara Luggage Inc designs manufactures and sells high-quality luggage products to meet the evolving needs of travelers. The company generates revenues through the sale and distribution of smart luggage products.
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