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AccelerateBS India (BOM:543938) ROA % : -32.30% (As of Sep. 2023)


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What is AccelerateBS India ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. AccelerateBS India's annualized Net Income for the quarter that ended in Sep. 2023 was ₹-11.14 Mil. AccelerateBS India's average Total Assets over the quarter that ended in Sep. 2023 was ₹34.50 Mil. Therefore, AccelerateBS India's annualized ROA % for the quarter that ended in Sep. 2023 was -32.30%.

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

BOM:543938' s ROA % Range Over the Past 10 Years
Min: -11.38   Med: 27.79   Max: 54.64
Current: -11.38

During the past 3 years, AccelerateBS India's highest ROA % was 54.64%. The lowest was -11.38%. And the median was 27.79%.

BOM:543938's ROA % is ranked worse than
73.36% of 2823 companies
in the Software industry
Industry Median: 1.01 vs BOM:543938: -11.38

AccelerateBS India ROA % Historical Data

The historical data trend for AccelerateBS India'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.

AccelerateBS India ROA % Chart

AccelerateBS India Annual Data
Trend Mar20 Mar21 Mar22
ROA %
54.64 27.79 13.58

AccelerateBS India Semi-Annual Data
Mar20 Mar21 Mar22 Sep23
ROA % - - - -32.30

Competitive Comparison of AccelerateBS India's ROA %

For the Software - Infrastructure subindustry, AccelerateBS India'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.


AccelerateBS India's ROA % Distribution in the Software Industry

For the Software industry and Technology sector, AccelerateBS India's ROA % distribution charts can be found below:

* The bar in red indicates where AccelerateBS India's ROA % falls into.



AccelerateBS India ROA % Calculation

AccelerateBS India's annualized ROA % for the fiscal year that ended in Mar. 2022 is calculated as:

ROA %=Net Income (A: Mar. 2022 )/( (Total Assets (A: Mar. 2021 )+Total Assets (A: Mar. 2022 ))/ count )
=2.591/( (18.095+20.065)/ 2 )
=2.591/19.08
=13.58 %

AccelerateBS India's annualized ROA % for the quarter that ended in Sep. 2023 is calculated as:

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Sep. 2023 ))/ count )
=-11.144/( (20.065+48.944)/ 2 )
=-11.144/34.5045
=-32.30 %

* 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. 2023) net income data. ROA % is displayed in the 30-year financial page.


AccelerateBS India  (BOM:543938) 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. 2023 )
=Net Income/Total Assets
=-11.144/34.5045
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-11.144 / 54.232)*(54.232 / 34.5045)
=Net Margin %*Asset Turnover
=-20.55 %*1.5717
=-32.30 %

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


AccelerateBS India ROA % Related Terms

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AccelerateBS India (BOM:543938) Business Description

Traded in Other Exchanges
N/A
Address
Off S.V. Road, Office 604, Quantum Tower, Ram Baug, Malad West, Mumbai, MH, IND, 400 064
AccelerateBS India Ltd is a Digital Technology Services company offering a multitude of boutique technology services to both B2B and B2C companies around the world. Its services include Digital Technology Services, DXP (Digital Experience Platforms) Consulting and Implementation Services, Digital projects, custom software development and consulting services, and delivering powerful and scalable software systems.

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