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Zimplow Holdings (XZIM:ZIMW.ZW) ROA % : 0.00% (As of . 20)


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What is Zimplow Holdings ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Zimplow Holdings's annualized Net Income for the quarter that ended in . 20 was ZWL Mil. Zimplow Holdings's average Total Assets over the quarter that ended in . 20 was ZWL 0 Mil. Therefore, Zimplow Holdings's annualized ROA % for the quarter that ended in . 20 was Not Available.

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

XZIM:ZIMW.ZW's ROA % is not ranked *
in the Farm & Heavy Construction Machinery industry.
Industry Median: 3.4
* Ranked among companies with meaningful ROA % only.

Zimplow Holdings ROA % Historical Data

The historical data trend for Zimplow Holdings'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.

Zimplow Holdings ROA % Chart

Zimplow Holdings Annual Data
Trend
ROA %

Zimplow Holdings Semi-Annual Data
ROA %

Competitive Comparison of Zimplow Holdings's ROA %

For the Farm & Heavy Construction Machinery subindustry, Zimplow Holdings'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.


Zimplow Holdings's ROA % Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Zimplow Holdings's ROA % distribution charts can be found below:

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


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Zimplow Holdings ROA % Calculation

Zimplow Holdings's annualized ROA % for the fiscal year that ended in . 20 is calculated as:

ROA %=Net Income (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
= %

Zimplow Holdings's annualized ROA % for the quarter that ended in . 20 is calculated as:

ROA %=Net Income (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) net income data. ROA % is displayed in the 30-year financial page.


Zimplow Holdings  (XZIM:ZIMW.ZW) 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:

Note: The Net Income data used here is one times the annual (. 20) net income data. The Revenue data used here is one times the annual (. 20) 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.


Zimplow Holdings ROA % Related Terms

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Zimplow Holdings Business Description

Traded in Other Exchanges
N/A
Address
39 Steelworks Road, P.O. Box 1059, Heavy Industrial Sites, Bulawayo, ZWE
Zimplow Holdings Ltd along with its subsidiaries is engaged in the manufacturing and distribution of agricultural, infrastructure and mining equipment. Its machinery and equipment are used in mines, construction sites fields, plantations and estates. Zimplow operates through four divisions namely, Barzem, Mealie Brand, CT Bolts and Farmec. The company products are marketed and exported to various countries in Africa. In addition, it also manufactures and distributes metal fasteners for the mining, construction and agricultural industries.

Zimplow Holdings Headlines

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