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American International Ventures (American International Ventures) ROA % : -196.26% (As of Aug. 2018)


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What is American International Ventures ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. American International Ventures's annualized Net Income for the quarter that ended in Aug. 2018 was $-2.36 Mil. American International Ventures's average Total Assets over the quarter that ended in Aug. 2018 was $1.20 Mil. Therefore, American International Ventures's annualized ROA % for the quarter that ended in Aug. 2018 was -196.26%.

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

AIVN's ROA % is not ranked *
in the Metals & Mining industry.
Industry Median: -14.9
* Ranked among companies with meaningful ROA % only.

American International Ventures ROA % Historical Data

The historical data trend for American International Ventures'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.

American International Ventures ROA % Chart

American International Ventures Annual Data
Trend May09 May10 May11 May12 May13 May14 May15 May16 May17 May18
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.19 -35.23 16.64 -29.59 -35.03

American International Ventures Quarterly Data
Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Feb18 May18 Aug18
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 -20.13 -52.35 -5.27 -41.89 -196.26

Competitive Comparison of American International Ventures's ROA %

For the Gold subindustry, American International Ventures'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.


American International Ventures's ROA % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, American International Ventures's ROA % distribution charts can be found below:

* The bar in red indicates where American International Ventures's ROA % falls into.



American International Ventures ROA % Calculation

American International Ventures's annualized ROA % for the fiscal year that ended in May. 2018 is calculated as:

ROA %=Net Income (A: May. 2018 )/( (Total Assets (A: May. 2017 )+Total Assets (A: May. 2018 ))/ count )
=-0.587/( (1.856+1.495)/ 2 )
=-0.587/1.6755
=-35.03 %

American International Ventures's annualized ROA % for the quarter that ended in Aug. 2018 is calculated as:

ROA %=Net Income (Q: Aug. 2018 )/( (Total Assets (Q: May. 2018 )+Total Assets (Q: Aug. 2018 ))/ count )
=-2.36/( (1.495+0.91)/ 2 )
=-2.36/1.2025
=-196.26 %

* 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 (Aug. 2018) net income data. ROA % is displayed in the 30-year financial page.


American International Ventures  (OTCPK:AIVN) 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: Aug. 2018 )
=Net Income/Total Assets
=-2.36/1.2025
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.36 / 0)*(0 / 1.2025)
=Net Margin %*Asset Turnover
=N/A %*0
=-196.26 %

Note: The Net Income data used here is four times the quarterly (Aug. 2018) net income data. The Revenue data used here is four times the quarterly (Aug. 2018) 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.


American International Ventures ROA % Related Terms

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American International Ventures (American International Ventures) Business Description

Traded in Other Exchanges
N/A
Address
15105 Kestrelglen Way, Lithia, FL, USA, 33547
American International Ventures Inc is an exploration-stage company. It is primarily focused on planning, developing and operating past producing precious metal properties and mines. The company principally explores for gold and silver properties. It holds interests in the Mother Lode Project, which is under construction located in Baja, Mexico. Further, in addition to its mining claims in Nevada, the group also leases certain mining claims in the Baja California, Mexico. Geographically all the business activity primarily functions through the region of Mexico.
Executives
James K Duff officer: President and CEO 3882 PLAYER DR, COEUR D ALENE ID 83815