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Galapagos Recebiveis Imobiliarios Fundo DE Investimento Imobiliario (BSP:GCRI11) ROA % : 3.82% (As of Jun. 2024)


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What is Galapagos Recebiveis Imobiliarios Fundo DE Investimento Imobiliario ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Galapagos Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's annualized Net Income for the quarter that ended in Jun. 2024 was R$5.34 Mil. Galapagos Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's average Total Assets over the quarter that ended in Jun. 2024 was R$139.67 Mil. Therefore, Galapagos Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's annualized ROA % for the quarter that ended in Jun. 2024 was 3.82%.

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

BSP:GCRI11' s ROA % Range Over the Past 10 Years
Min: 3.82   Med: 10.8   Max: 11.23
Current: 3.82

During the past 4 years, Galapagos Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's highest ROA % was 11.23%. The lowest was 3.82%. And the median was 10.80%.

BSP:GCRI11's ROA % is ranked better than
63.29% of 929 companies
in the REITs industry
Industry Median: 2.64 vs BSP:GCRI11: 3.82

Galapagos Recebiveis Imobiliarios Fundo DE Investimento Imobiliario ROA % Historical Data

The historical data trend for Galapagos Recebiveis Imobiliarios Fundo DE Investimento 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.

Galapagos Recebiveis Imobiliarios Fundo DE Investimento Imobiliario ROA % Chart

Galapagos Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Annual Data
Trend Jun21 Jun22 Jun23 Jun24
ROA %
- 11.23 10.80 3.82

Galapagos Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Semi-Annual Data
Jun21 Jun22 Jun23 Jun24
ROA % - 11.23 10.80 3.82

Competitive Comparison of Galapagos Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's ROA %

For the REIT - Specialty subindustry, Galapagos Recebiveis Imobiliarios Fundo DE Investimento 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.


Galapagos Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's ROA % Distribution in the REITs Industry

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

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


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Galapagos Recebiveis Imobiliarios Fundo DE Investimento Imobiliario ROA % Calculation

Galapagos Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's annualized ROA % for the fiscal year that ended in Jun. 2024 is calculated as:

ROA %=Net Income (A: Jun. 2024 )/( (Total Assets (A: Jun. 2023 )+Total Assets (A: Jun. 2024 ))/ count )
=5.34/( (148.118+131.213)/ 2 )
=5.34/139.6655
=3.82 %

Galapagos Recebiveis Imobiliarios Fundo DE Investimento Imobiliario's annualized ROA % for the quarter that ended in Jun. 2024 is calculated as:

ROA %=Net Income (Q: Jun. 2024 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Jun. 2024 ))/ count )
=5.34/( (148.118+131.213)/ 2 )
=5.34/139.6655
=3.82 %

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


Galapagos Recebiveis Imobiliarios Fundo DE Investimento Imobiliario  (BSP:GCRI11) 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. 2024 )
=Net Income/Total Assets
=5.34/139.6655
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5.34 / 7.95)*(7.95 / 139.6655)
=Net Margin %*Asset Turnover
=67.17 %*0.0569
=3.82 %

Note: The Net Income data used here is one times the annual (Jun. 2024) net income data. The Revenue data used here is one times the annual (Jun. 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.


Galapagos Recebiveis Imobiliarios Fundo DE Investimento Imobiliario ROA % Related Terms

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Galapagos Recebiveis Imobiliarios Fundo DE Investimento Imobiliario Business Description

Traded in Other Exchanges
N/A
Address
Praia de Botafogo, 501, 6th Floor, Botafogo, Rio de Janeiro, RJ, BRA, 22.250-040
Galapagos Recebiveis Imobiliarios Fundo DE Investimento Imobiliario aims to make long-term real estate investments, fundamentally aiming at earning income and capital gains from assets, mainly CRI's (Certificates of Real Estate Receivables). The Fund's purpose is to invest in real estate projects, primarily through the acquisition of the following assets which is real estate receivables certificates, mortgage notes, real estate credit letters, guaranteed real estate notes and other assets.

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