GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Banestes Recebiveis Imobiliarios Fundo Investimento Imobiliario FII (BSP:BCRI11) » Definitions » ROA %

Banestes Recebiveis Imobiliarios Fundo Investimento Imobiliario FII (BSP:BCRI11) ROA % : 0.00% (As of . 20)


View and export this data going back to 2015. Start your Free Trial

What is Banestes Recebiveis Imobiliarios Fundo Investimento Imobiliario FII ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Banestes Recebiveis Imobiliarios Fundo Investimento Imobiliario FII's annualized Net Income for the quarter that ended in . 20 was R$ Mil. Banestes Recebiveis Imobiliarios Fundo Investimento Imobiliario FII's average Total Assets over the quarter that ended in . 20 was R$ 0 Mil. Therefore, Banestes Recebiveis Imobiliarios Fundo Investimento Imobiliario FII's annualized ROA % for the quarter that ended in . 20 was Not Available.

The historical rank and industry rank for Banestes Recebiveis Imobiliarios Fundo Investimento Imobiliario FII's ROA % or its related term are showing as below:

BSP:BCRI11's ROA % is not ranked *
in the REITs industry.
Industry Median: 2.625
* Ranked among companies with meaningful ROA % only.

Banestes Recebiveis Imobiliarios Fundo Investimento Imobiliario FII ROA % Historical Data

The historical data trend for Banestes Recebiveis Imobiliarios Fundo Investimento Imobiliario FII'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.

Banestes Recebiveis Imobiliarios Fundo Investimento Imobiliario FII ROA % Chart

Banestes Recebiveis Imobiliarios Fundo Investimento Imobiliario FII Annual Data
Trend
ROA %

Banestes Recebiveis Imobiliarios Fundo Investimento Imobiliario FII Semi-Annual Data
ROA %

Competitive Comparison of Banestes Recebiveis Imobiliarios Fundo Investimento Imobiliario FII's ROA %

For the REIT - Diversified subindustry, Banestes Recebiveis Imobiliarios Fundo Investimento Imobiliario FII'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.


Banestes Recebiveis Imobiliarios Fundo Investimento Imobiliario FII's ROA % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Banestes Recebiveis Imobiliarios Fundo Investimento Imobiliario FII's ROA % distribution charts can be found below:

* The bar in red indicates where Banestes Recebiveis Imobiliarios Fundo Investimento Imobiliario FII's ROA % falls into.



Banestes Recebiveis Imobiliarios Fundo Investimento Imobiliario FII ROA % Calculation

Banestes Recebiveis Imobiliarios Fundo Investimento Imobiliario FII's annualized ROA % for the fiscal year that ended in . 20 is calculated as:

ROA %=Net Income (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
= %

Banestes Recebiveis Imobiliarios Fundo Investimento Imobiliario FII's annualized ROA % for the quarter that ended in . 20 is calculated as:

ROA %=Net Income (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ 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 one times the annual (. 20) net income data. ROA % is displayed in the 30-year financial page.


Banestes Recebiveis Imobiliarios Fundo Investimento Imobiliario FII  (BSP:BCRI11) 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:

Note: The Net Income data used here is one times the annual (. 20) net income data. The Revenue data used here is one times the annual (. 20) 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.


Banestes Recebiveis Imobiliarios Fundo Investimento Imobiliario FII ROA % Related Terms

Thank you for viewing the detailed overview of Banestes Recebiveis Imobiliarios Fundo Investimento Imobiliario FII's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Banestes Recebiveis Imobiliarios Fundo Investimento Imobiliario FII Business Description

Traded in Other Exchanges
N/A
Address
R DR Renato Paes De Barros, 1017 - 11.E 12. Andares, Sao Paulo, BRA, 4530001
Banestes Recebiveis Imobiliarios Fundo Investimento Imobiliario FII is a real estate fund. It is engaged in the acquisition of real estate based financial assets.

Banestes Recebiveis Imobiliarios Fundo Investimento Imobiliario FII Headlines

No Headlines