GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Asian Terminals Inc (OTCPK:AISNY) » Definitions » ROA %

Asian Terminals (Asian Terminals) ROA % : 13.71% (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Asian Terminals ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Asian Terminals's annualized Net Income for the quarter that ended in Dec. 2023 was $85.9 Mil. Asian Terminals's average Total Assets over the quarter that ended in Dec. 2023 was $626.2 Mil. Therefore, Asian Terminals's annualized ROA % for the quarter that ended in Dec. 2023 was 13.71%.

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

AISNY' s ROA % Range Over the Past 10 Years
Min: 7.15   Med: 9.69   Max: 12.59
Current: 12.59

During the past 13 years, Asian Terminals's highest ROA % was 12.59%. The lowest was 7.15%. And the median was 9.69%.

AISNY's ROA % is ranked better than
90.39% of 978 companies
in the Transportation industry
Industry Median: 3.58 vs AISNY: 12.59

Asian Terminals ROA % Historical Data

The historical data trend for Asian Terminals'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.

Asian Terminals ROA % Chart

Asian Terminals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.30 9.52 7.15 9.12 12.55

Asian Terminals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 14.34 13.36 11.16 12.13 13.71

Competitive Comparison of Asian Terminals's ROA %

For the Marine Shipping subindustry, Asian Terminals'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.


Asian Terminals's ROA % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Asian Terminals's ROA % distribution charts can be found below:

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



Asian Terminals ROA % Calculation

Asian Terminals's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=77.738/( (606.89+632.154)/ 2 )
=77.738/619.522
=12.55 %

Asian Terminals's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=85.88/( (620.22+632.154)/ 2 )
=85.88/626.187
=13.71 %

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


Asian Terminals  (OTCPK:AISNY) 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. 2023 )
=Net Income/Total Assets
=85.88/626.187
=(Net Income / Revenue)*(Revenue / Total Assets)
=(85.88 / 264.736)*(264.736 / 626.187)
=Net Margin %*Asset Turnover
=32.44 %*0.4228
=13.71 %

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


Asian Terminals ROA % Related Terms

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


Asian Terminals (Asian Terminals) Business Description

Traded in Other Exchanges
Address
A. Bonifacio Drive, Port Area, Manila, PHL, 1018
Asian Terminals Inc is in the operation and management of port terminals in the Philippines. It operates the manila south harbor, port of Batangas, port of General Santos, and off-dock container guards in sta mesa, manila, and Calamba City, laguna. The terminals handle containerized and non-containerized cargoes, bulk, and break-bulk cargoes, roll-on/roll-off shipment, and passenger services. The company derives the majority of its revenues from South Harbor international non-containerized cargo, the Batangas container terminal, and the port of Batangas.

Asian Terminals (Asian Terminals) Headlines

No Headlines