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AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario (BSP:AFHI11) ROA % : 0.00% (As of Jun. 2022)


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What is AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario's annualized Net Income for the quarter that ended in Jun. 2022 was R$ Mil. AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario's average Total Assets over the quarter that ended in Jun. 2022 was R$ 0 Mil. Therefore, AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario's annualized ROA % for the quarter that ended in Jun. 2022 was Not Available.

The historical rank and industry rank for AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario's ROA % or its related term are showing as below:

During the past 3 years, AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario's highest ROA % was 14.66%. The lowest was 13.07%. And the median was 13.87%.

BSP:AFHI11's ROA % is not ranked *
in the REITs industry.
Industry Median: 2.195
* Ranked among companies with meaningful ROA % only.

AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario ROA % Historical Data

The historical data trend for AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario'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.

AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario ROA % Chart

AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario Annual Data
Trend Jun21 Jun22 Jun23
ROA %
- 13.07 14.66

AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario Quarterly Data
Jun22 Jun23
ROA % - -

Competitive Comparison of AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario's ROA %

For the REIT - Diversified subindustry, AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario'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.


AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario's ROA % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario's ROA % distribution charts can be found below:

* The bar in red indicates where AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario's ROA % falls into.



AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario ROA % Calculation

AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario's annualized ROA % for the fiscal year that ended in Jun. 2023 is calculated as:

ROA %=Net Income (A: Jun. 2023 )/( (Total Assets (A: Jun. 2022 )+Total Assets (A: Jun. 2023 ))/ count )
=38.37/( (228.523+294.864)/ 2 )
=38.37/261.6935
=14.66 %

AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario's annualized ROA % for the quarter that ended in Jun. 2022 is calculated as:

ROA %=Net Income (Q: Jun. 2022 )/( (Total Assets (Q: . 20 )+Total Assets (Q: Jun. 2022 ))/ count )
=/( (+)/ )
=/
= %

* 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 (Jun. 2022) net income data. ROA % is displayed in the 30-year financial page.


AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario  (BSP:AFHI11) 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: Jun. 2022 )
=Net Income/Total Assets
=/
=(Net Income / Revenue)*(Revenue / Total Assets)
=( / )*( / )
=Net Margin %*Asset Turnover
= %*
= %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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.


AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario ROA % Related Terms

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AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario (BSP:AFHI11) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Website
AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario invests resources in real estate projects to provide the shareholder with income and capital gains arising from investment, primarily in Target Assets and, secondarily, in Financial Investments.

AF Invest CRI Fundo DE Investimento Imobiliario Recebiveis Imobiliario (BSP:AFHI11) Headlines

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