Trinity Tradelink (BOM:512417) ROA %: -1.56% (As of Dec. 2017)

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What is Trinity Tradelink ROA %?

Trinity Tradelink BOM:512417 ROA % is -1.56% as of Dec. 2017.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Trinity Tradelink's annualized Net Income for the quarter that ended in Dec. 2017 was ₹-15 Mil. Trinity Tradelink's average Total Assets over the quarter that ended in Dec. 2017 was ₹988 Mil. Therefore, Trinity Tradelink's annualized ROA % for the quarter that ended in Dec. 2017 was -1.56%.

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

BOM:512417's ROA % is not ranked *
in the Conglomerates industry.
Industry Median: 2.475
* Ranked among companies with meaningful ROA % only.

Trinity Tradelink  (BOM:512417) 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. 2017 )
=Net Income/Total Assets
=-15.448/987.763
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-15.448 / 0)*(0 / 987.763)
=Net Margin %*Asset Turnover
=N/A %*0
=-1.56 %

Note: The Net Income data used here is four times the quarterly (Dec. 2017) net income data. The Revenue data used here is four times the quarterly (Dec. 2017) 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.


Trinity Tradelink ROA % Related Terms


Trinity Tradelink ROA % Historical Data

* Premium members only.

The historical data trend for Trinity Tradelink'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.

Trinity Tradelink ROA % Chart

Trinity Tradelink Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17
ROA %
Get a 7-Day Free Trial Premium Member Only -216.41 2.49 0.21 0.08 0.03

Trinity Tradelink Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 -0.91 1.82 0.01 -1.36 -1.56

BOM:512417 vs CLOW, ARRT, POYN: ROA % Comparison

For the Conglomerates subindustry, Trinity Tradelink'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.


Trinity Tradelink ROA % vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Trinity Tradelink's ROA % distribution charts can be found below:

* The bar in red indicates where Trinity Tradelink's ROA % falls into.



Trinity Tradelink ROA % Calculation

Trinity Tradelink's annualized ROA % for the fiscal year that ended in Mar. 2017 is calculated as:

ROA %=Net Income (A: Mar. 2017 )/( (Total Assets (A: Mar. 2016 )+Total Assets (A: Mar. 2017 ))/ count )
=0.506/( (1426.816+2208.389)/ 2 )
=0.506/1817.6025
=0.03 %

Trinity Tradelink's annualized ROA % for the quarter that ended in Dec. 2017 is calculated as:

ROA %=Net Income (Q: Dec. 2017 )/( (Total Assets (Q: Sep. 2017 )+Total Assets (Q: Dec. 2017 ))/ count )
=-15.448/( (987.763+0)/ 1 )
=-15.448/987.763
=-1.56 %

* 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 (Dec. 2017) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -1.56% mean?
Trinity Tradelink (BOM:512417) has a ROA % of -1.56% as of Dec. 2017. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Trinity Tradelink and its competitors.
Is Trinity Tradelink's ROA % too high?
Trinity Tradelink's current ROA % is -1.56%.
How does Trinity Tradelink's ROA % compare to CLOW and ARRT?
Trinity Tradelink's ROA % of -1.56% can be compared against companies in the Conglomerates industry. The industry median ROA % is 2.48. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Conglomerates company?
The median ROA % among Conglomerates companies is 2.48, based on 560 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Trinity Tradelink and its competitors. For the Conglomerates industry, the median ROA % is 2.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trinity Tradelink's current ROA % is -1.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trinity Tradelink stock overvalued right now?
Trinity Tradelink (BOM:512417) has a current ROA % of -1.56%. The current ROA % is -1.56%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Trinity Tradelink (BOM:512417), the current ROA % is -1.56% as of Dec. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Trinity Tradelink Business Description

Address 238B, A.J.C. Bose Road, Unit 4B, 4th Floor, Kolkata, WB, IND, 700020
Trinity Tradelink Ltd is a trading company in India. The company is engaged in trading of thermos-mechanically treated (TMT) bars, yellow peas, dal, jute, tea, potato, iron and steel, metals and minerals, and others. The sale of TMT bars generates maximum revenue for the company. The company operates in one business segment that is Trading Activity.