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Acacia Diversified Holdings (Acacia Diversified Holdings) ROA % : 921.31% (As of Jun. 2020)


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What is Acacia Diversified Holdings ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Acacia Diversified Holdings's annualized Net Income for the quarter that ended in Jun. 2020 was $2.40 Mil. Acacia Diversified Holdings's average Total Assets over the quarter that ended in Jun. 2020 was $0.26 Mil. Therefore, Acacia Diversified Holdings's annualized ROA % for the quarter that ended in Jun. 2020 was 921.31%.

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

ACCA's ROA % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.535
* Ranked among companies with meaningful ROA % only.

Acacia Diversified Holdings ROA % Historical Data

The historical data trend for Acacia Diversified 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.

Acacia Diversified Holdings ROA % Chart

Acacia Diversified Holdings Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -64.18 -224.39 -283.90 -262.73 -235.23

Acacia Diversified Holdings Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 -239.72 -292.65 -169.05 -140.85 921.31

Competitive Comparison of Acacia Diversified Holdings's ROA %

For the Drug Manufacturers - Specialty & Generic subindustry, Acacia Diversified 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.


Acacia Diversified Holdings's ROA % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Acacia Diversified Holdings's ROA % distribution charts can be found below:

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



Acacia Diversified Holdings ROA % Calculation

Acacia Diversified Holdings's annualized ROA % for the fiscal year that ended in Dec. 2019 is calculated as:

ROA %=Net Income (A: Dec. 2019 )/( (Total Assets (A: Dec. 2018 )+Total Assets (A: Dec. 2019 ))/ count )
=-1.589/( (0.697+0.654)/ 2 )
=-1.589/0.6755
=-235.23 %

Acacia Diversified Holdings's annualized ROA % for the quarter that ended in Jun. 2020 is calculated as:

ROA %=Net Income (Q: Jun. 2020 )/( (Total Assets (Q: Mar. 2020 )+Total Assets (Q: Jun. 2020 ))/ count )
=2.4/( (0.516+0.005)/ 2 )
=2.4/0.2605
=921.31 %

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


Acacia Diversified Holdings  (OTCPK:ACCA) 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. 2020 )
=Net Income/Total Assets
=2.4/0.2605
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2.4 / 0)*(0 / 0.2605)
=Net Margin %*Asset Turnover
=N/A %*0
=921.31 %

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


Acacia Diversified Holdings ROA % Related Terms

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Acacia Diversified Holdings (Acacia Diversified Holdings) Business Description

Traded in Other Exchanges
N/A
Address
13575 58th Street North, Suite 138, Clearwater, FL, USA, 33760
Acacia Diversified Holdings Inc focuses on conducting its business operations through its subsidiaries: MariJ Pharmaceuticals, Inc focuses on the extraction and processing of high-cannabidiol/low-tetrahydrocannabinol content medical-grade cannabis oils from medical cannabis plants. The company, through Canna-Cures Research & Development Center Inc focuses on research and development activities, as well as retail and wholesale distribution of medical cannabis products. Eufloria Medical of Tennessee, Inc engages in growing and distribution of medicinal hemp products for patients. Medahub, Inc., is a technology company that offers pharmacy license for other hemp companies in Florida.
Executives
Jeffery Dwight Bearden director, officer: Chief Executive Officer 704 FOREST GLEN ROAD SILVER SPRING MD 20901
Orcim Financial Holdings, Llc 10 percent owner 704 FOREST GLEN ROAD SILVER SPRING MD 20901
Neil B. Gholson director 13575 58TH STREET NORTH CLEARWATER FL 33760
Simpson Larnell Charles Jr. director, officer: Vice President 704 FOREST GLEN RODE SILVER SPRING MD 20901
Paula Richard Louis Jr. other: Former Director 13575 58TH STREET NORTH CLEARWATER FL 33760
Richard K. Pertile director, 10 percent owner, officer: Chief Executive Officer 2810 PHILIPPE PARKWAY SAFETY HARBOR FL 34695
Danny R Gibbs director ACACIA DIVERSIFIED HOLDINGS, INC. 13575 58TH STREET N. CLEARWATER FL 33760
Roberts Gary Jack Jr. director 1126 PIN OAK LANE BRENTWOOD TN 37027
Lisa Kay Smith officer: Secretary 13575 58TH STREET NORTH CLEARWATER FL 33760
Kim Elizabeth Edwards officer: Chief Operating Officer 13575 58TH STREET N, SUITE 138 CLEARWATER FL 33760
V Weldon Hewitt other: Previous Director of Issuer 3512 E. SILVER SPRINGS BLVD - #243 OCALA FL 34470
Gwendolyn G Sample other: None 3512 E. SILVER SPRINGS BLVD - #243 OCALA FL 34470
Tony Moorby other: None 7873 EASTGATE BOULEVARD MT. JULIET TN 37122
David Bynum other: None ACACIA AUTOMOTIVE, INC. 3512 E. SILVER SPRINGS BLVD - #243 OCALA FL 34470
James C Hunter director 3512 E. SILVER SPRINGS BLVD - #243 OCALA FL 34470

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