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Cargosol Logistics (BOM:543621) ROA % : -2.63% (As of Sep. 2024)


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What is Cargosol Logistics ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Cargosol Logistics's annualized Net Income for the quarter that ended in Sep. 2024 was ₹-17 Mil. Cargosol Logistics's average Total Assets over the quarter that ended in Sep. 2024 was ₹642 Mil. Therefore, Cargosol Logistics's annualized ROA % for the quarter that ended in Sep. 2024 was -2.63%.

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

BOM:543621' s ROA % Range Over the Past 10 Years
Min: -8.58   Med: 5.55   Max: 12.56
Current: -8.58

During the past 5 years, Cargosol Logistics's highest ROA % was 12.56%. The lowest was -8.58%. And the median was 5.55%.

BOM:543621's ROA % is ranked worse than
93.29% of 969 companies
in the Transportation industry
Industry Median: 3.8 vs BOM:543621: -8.58

Cargosol Logistics ROA % Historical Data

The historical data trend for Cargosol Logistics'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.

Cargosol Logistics ROA % Chart

Cargosol Logistics Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
ROA %
4.24 5.55 12.56 6.87 -6.65

Cargosol Logistics Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
ROA % Get a 7-Day Free Trial 10.14 3.95 1.77 -14.42 -2.63

Competitive Comparison of Cargosol Logistics's ROA %

For the Integrated Freight & Logistics subindustry, Cargosol Logistics'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.


Cargosol Logistics's ROA % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Cargosol Logistics's ROA % distribution charts can be found below:

* The bar in red indicates where Cargosol Logistics's ROA % falls into.



Cargosol Logistics ROA % Calculation

Cargosol Logistics's annualized ROA % for the fiscal year that ended in Mar. 2024 is calculated as:

ROA %=Net Income (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=-42.683/( (645.924+637.852)/ 2 )
=-42.683/641.888
=-6.65 %

Cargosol Logistics's annualized ROA % for the quarter that ended in Sep. 2024 is calculated as:

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-16.898/( (637.852+646.981)/ 2 )
=-16.898/642.4165
=-2.63 %

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


Cargosol Logistics  (BOM:543621) 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: Sep. 2024 )
=Net Income/Total Assets
=-16.898/642.4165
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-16.898 / 1423.948)*(1423.948 / 642.4165)
=Net Margin %*Asset Turnover
=-1.19 %*2.2165
=-2.63 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2024) net income data. The Revenue data used here is two times the semi-annual (Sep. 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.


Cargosol Logistics ROA % Related Terms

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Cargosol Logistics Business Description

Traded in Other Exchanges
N/A
Address
Mahakali Caves Road, Unit No. 319, 320, 3rd Floor, Lodha Supremus, Near Hotel Bindra’s, Andheri East, Mumbai, MH, IND, 400093
Cargosol Logistics Ltd is a full-service freight forwarder catering to all domestic and International transportation requirements. It provide services like sea and air freight, transportation, warehousing, custom clearance services among other customized solutions.

Cargosol Logistics Headlines

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