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ASKE (Alaska Pacific Energy) ROA % : -638.56% (As of Jul. 2010)


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What is Alaska Pacific Energy ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Alaska Pacific Energy's annualized Net Income for the quarter that ended in Jul. 2010 was $-3.91 Mil. Alaska Pacific Energy's average Total Assets over the quarter that ended in Jul. 2010 was $0.61 Mil. Therefore, Alaska Pacific Energy's annualized ROA % for the quarter that ended in Jul. 2010 was -638.56%.

The historical rank and industry rank for Alaska Pacific Energy's ROA % or its related term are showing as below:

ASKE's ROA % is not ranked *
in the Metals & Mining industry.
Industry Median: -16.15
* Ranked among companies with meaningful ROA % only.

Alaska Pacific Energy ROA % Historical Data

The historical data trend for Alaska Pacific Energy'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.

Alaska Pacific Energy ROA % Chart

Alaska Pacific Energy Annual Data
Trend Jan07 Jan08 Jan09 Jan10
ROA %
- -127.27 -48.33 -169.93

Alaska Pacific Energy Quarterly Data
Jan07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -80.47 -146.56 -572.63 -164.71 -638.56

Competitive Comparison of Alaska Pacific Energy's ROA %

For the Other Industrial Metals & Mining subindustry, Alaska Pacific Energy'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.


Alaska Pacific Energy's ROA % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alaska Pacific Energy's ROA % distribution charts can be found below:

* The bar in red indicates where Alaska Pacific Energy's ROA % falls into.



Alaska Pacific Energy ROA % Calculation

Alaska Pacific Energy's annualized ROA % for the fiscal year that ended in Jan. 2010 is calculated as:

ROA %=Net Income (A: Jan. 2010 )/( (Total Assets (A: Jan. 2009 )+Total Assets (A: Jan. 2010 ))/ count )
=-0.13/( (0.111+0.042)/ 2 )
=-0.13/0.0765
=-169.93 %

Alaska Pacific Energy's annualized ROA % for the quarter that ended in Jul. 2010 is calculated as:

ROA %=Net Income (Q: Jul. 2010 )/( (Total Assets (Q: Apr. 2010 )+Total Assets (Q: Jul. 2010 ))/ count )
=-3.908/( (0.944+0.28)/ 2 )
=-3.908/0.612
=-638.56 %

* 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 (Jul. 2010) net income data. ROA % is displayed in the 30-year financial page.


Alaska Pacific Energy  (OTCPK:ASKE) 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. 2010 )
=Net Income/Total Assets
=-3.908/0.612
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.908 / 0)*(0 / 0.612)
=Net Margin %*Asset Turnover
=N/A %*0
=-638.56 %

Note: The Net Income data used here is four times the quarterly (Jul. 2010) net income data. The Revenue data used here is four times the quarterly (Jul. 2010) 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.


Alaska Pacific Energy ROA % Related Terms

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Alaska Pacific Energy Business Description

Traded in Other Exchanges
N/A
Address
7300 NW 5th Street, Plantation, FL, USA, 33317
Website
Alaska Pacific Energy Corp is a mining and exploration company. The principal products and services of the company are oil and gas lease acquisition, well development, valuable metal property acquisition and mining and ore processing. Additionally, the company is in the hemp business. The company also offers assessment consulting on mineral rights and correlating lease viability.

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