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TripBorn ROA %

: -19.56% (As of Dec. 2020)
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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. TripBorn's annualized Net Income for the quarter that ended in Dec. 2020 was $-0.16 Mil. TripBorn's average Total Assets over the quarter that ended in Dec. 2020 was $0.80 Mil. Therefore, TripBorn's annualized ROA % for the quarter that ended in Dec. 2020 was -19.56%.

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


TripBorn ROA % Historical Data

The historical data trend for TripBorn'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.

TripBorn Annual Data
Trend Mar17 Mar18 Mar19 Mar20
ROA %
-23.53 -88.54 -54.93 -221.38

TripBorn Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 -6.60 -96.87 -65.31 -23.99 -19.56

Competitive Comparison

For the Lodging subindustry, TripBorn'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.

   

TripBorn ROA % Distribution

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

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



TripBorn ROA % Calculation

TripBorn's annualized ROA % for the fiscal year that ended in Mar. 2020 is calculated as:

ROA %=Net Income (A: Mar. 2020 )/( (Total Assets (A: Mar. 2019 )+Total Assets (A: Mar. 2020 ))/ count )
=-3.81/( (2.417+1.025)/ 2 )
=-3.81/1.721
=-221.38 %

TripBorn's annualized ROA % for the quarter that ended in Dec. 2020 is calculated as:

ROA %=Net Income (Q: Dec. 2020 )/( (Total Assets (Q: Sep. 2020 )+Total Assets (Q: Dec. 2020 ))/ count )
=-0.156/( (0.85+0.745)/ 2 )
=-0.156/0.7975
=-19.56 %

* 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. 2020) net income data. ROA % is displayed in the 30-year financial page.


TripBorn  (OTCPK:TRRB) 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. 2020 )
=Net Income/Total Assets
=-0.156/0.7975
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.156 / 0.46)*(0.46 / 0.7975)
=Net Margin %*Asset Turnover
=-33.91 %*0.5768
=-19.56 %

Note: The Net Income data used here is four times the quarterly (Dec. 2020) net income data. The Revenue data used here is four times the quarterly (Dec. 2020) 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.


TripBorn ROA % Related Terms

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


TripBorn Business Description

TripBorn logo
Industry
Consumer Cyclical » Travel & Leisure NAICS : 721110 SIC : 7011
Traded in Other Exchanges
N/A
Address
762 Perthshire Pl, Near Prahalad Nagar Garden, Satellite, Abingdon, MD, USA, 21009
TripBorn Inc is an online travel agency. The company offers travel reservations and related travel services to travel agents in India. The company operate as a B2B online travel agency that serves travel agents and travel companies based in India in booking travel services and products for their customers. Through its internet-based platform, travel agents can search and book domestic and international air tickets, hotels, vacation packages, rail tickets and bus tickets, as well as ancillary travel-related services and e-commerce money transfer products. The company serves approximately 6,534 agents across India.
Executives
Maxim Partners Llc 10 percent owner C/O MAXIM GROUP LLC 99 SUNNYSIDE BLVD. WOODBURY NY 11797
Mjr Holdings Llc 10 percent owner C/O MAXIM GROUP LLC 99 SUNNYSIDE BLVD. WOODBURY NY 11797
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