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Ithmaar Holding BSC (BAH:ITHMR) ROA % : 0.61% (As of Dec. 2024)


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What is Ithmaar Holding BSC ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Ithmaar Holding BSC's annualized Net Income for the quarter that ended in Dec. 2024 was $40.2 Mil. Ithmaar Holding BSC's average Total Assets over the quarter that ended in Dec. 2024 was $6,624.6 Mil. Therefore, Ithmaar Holding BSC's annualized ROA % for the quarter that ended in Dec. 2024 was 0.61%.

The historical rank and industry rank for Ithmaar Holding BSC's ROA % or its related term are showing as below:

BAH:ITHMR' s ROA % Range Over the Past 10 Years
Min: -1   Med: -0.22   Max: 0.44
Current: 0.16

During the past 13 years, Ithmaar Holding BSC's highest ROA % was 0.44%. The lowest was -1.00%. And the median was -0.22%.

BAH:ITHMR's ROA % is ranked worse than
88.23% of 1538 companies
in the Banks industry
Industry Median: 0.88 vs BAH:ITHMR: 0.16

Ithmaar Holding BSC ROA % Historical Data

The historical data trend for Ithmaar Holding BSC'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.

Ithmaar Holding BSC ROA % Chart

Ithmaar Holding BSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.51 0.44 -0.51 -0.15 0.16

Ithmaar Holding BSC Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -0.33 0.43 -0.21 -0.19 0.61

Competitive Comparison of Ithmaar Holding BSC's ROA %

For the Banks - Regional subindustry, Ithmaar Holding BSC'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.


Ithmaar Holding BSC's ROA % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Ithmaar Holding BSC's ROA % distribution charts can be found below:

* The bar in red indicates where Ithmaar Holding BSC's ROA % falls into.



Ithmaar Holding BSC ROA % Calculation

Ithmaar Holding BSC's annualized ROA % for the fiscal year that ended in Dec. 2024 is calculated as:

ROA %=Net Income (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=10.459/( (6104.574+6847.423)/ 2 )
=10.459/6475.9985
=0.16 %

Ithmaar Holding BSC's annualized ROA % for the quarter that ended in Dec. 2024 is calculated as:

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=40.18/( (6401.786+6847.423)/ 2 )
=40.18/6624.6045
=0.61 %

* 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. 2024) net income data. ROA % is displayed in the 30-year financial page.


Ithmaar Holding BSC  (BAH:ITHMR) 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. 2024 )
=Net Income/Total Assets
=40.18/6624.6045
=(Net Income / Revenue)*(Revenue / Total Assets)
=(40.18 / 1555.536)*(1555.536 / 6624.6045)
=Net Margin %*Asset Turnover
=2.58 %*0.2348
=0.61 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) 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.


Ithmaar Holding BSC ROA % Related Terms

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Ithmaar Holding BSC Business Description

Traded in Other Exchanges
Address
Seef Tower, P.O. Box 2820, Seef District, Manama, BHR
Ithmaar Holding BSC is engaged in providing financial services, including retail, commercial, asset management, private banking, takaful, equipment leasing, and real estate development. It also acts as a manager, on a trustee basis of funds deposited for investment in accordance with Islamic laws and principles, particularly regarding the prohibition of receiving or paying interest. The group's business segment includes Retail and Corporate banking, where it receives customer funds, and deposits and extends financing to its retail and corporate clients; Asset Management/ Investment Banking, where it directly participates in investment opportunities and Others. Key revenue is generated from Retail & Corporate Banking.

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