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Ananda Developments (AQSE:ANA) ROA % : -27.73% (As of Jul. 2023)


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What is Ananda Developments ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Ananda Developments's annualized Net Income for the quarter that ended in Jul. 2023 was £-1.98 Mil. Ananda Developments's average Total Assets over the quarter that ended in Jul. 2023 was £7.14 Mil. Therefore, Ananda Developments's annualized ROA % for the quarter that ended in Jul. 2023 was -27.73%.

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

AQSE:ANA's ROA % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.74
* Ranked among companies with meaningful ROA % only.

Ananda Developments ROA % Historical Data

The historical data trend for Ananda Developments'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.

Ananda Developments ROA % Chart

Ananda Developments Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23
ROA %
-46.73 -33.29 -36.56 -53.06 -29.33

Ananda Developments Semi-Annual Data
Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -103.73 -30.16 -23.76 -39.93 -27.73

Competitive Comparison of Ananda Developments's ROA %

For the Drug Manufacturers - Specialty & Generic subindustry, Ananda Developments'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.


Ananda Developments's ROA % Distribution in the Drug Manufacturers Industry

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

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



Ananda Developments ROA % Calculation

Ananda Developments's annualized ROA % for the fiscal year that ended in Jan. 2023 is calculated as:

ROA %=Net Income (A: Jan. 2023 )/( (Total Assets (A: Jan. 2022 )+Total Assets (A: Jan. 2023 ))/ count )
=-1.301/( (2.363+6.509)/ 2 )
=-1.301/4.436
=-29.33 %

Ananda Developments's annualized ROA % for the quarter that ended in Jul. 2023 is calculated as:

ROA %=Net Income (Q: Jul. 2023 )/( (Total Assets (Q: Jan. 2023 )+Total Assets (Q: Jul. 2023 ))/ count )
=-1.98/( (6.509+7.772)/ 2 )
=-1.98/7.1405
=-27.73 %

* 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 two times the semi-annual (Jul. 2023) net income data. ROA % is displayed in the 30-year financial page.


Ananda Developments  (AQSE:ANA) 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: Jul. 2023 )
=Net Income/Total Assets
=-1.98/7.1405
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.98 / 0)*(0 / 7.1405)
=Net Margin %*Asset Turnover
=N/A %*0
=-27.73 %

Note: The Net Income data used here is two times the semi-annual (Jul. 2023) net income data. The Revenue data used here is two times the semi-annual (Jul. 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.


Ananda Developments ROA % Related Terms

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Ananda Developments Business Description

Traded in Other Exchanges
Address
60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR
Ananda Developments PLC provides investment to healthcare market for the companies that develop medicinal or therapeutic cannabis derivatives, or related products including nutraceuticals, dietary supplements, and cosmetic products which contain Cannabis or hemp derived cannabinoids.

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