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Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii (BSP:TRBL11) ROA % : 0.00% (As of Dec. 2020)


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What is Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii's annualized Net Income for the quarter that ended in Dec. 2020 was R$ Mil. Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii's average Total Assets over the quarter that ended in Dec. 2020 was R$ 0 Mil. Therefore, Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii's annualized ROA % for the quarter that ended in Dec. 2020 was Not Available.

The historical rank and industry rank for Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii's ROA % or its related term are showing as below:

BSP:TRBL11's ROA % is not ranked *
in the REITs industry.
Industry Median: 2.53
* Ranked among companies with meaningful ROA % only.

Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii ROA % Historical Data

The historical data trend for Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - 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.

Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii ROA % Chart

Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii Annual Data
Trend Dec20 Dec21
ROA %
12.79 1.49

Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii Semi-Annual Data
Dec20 Dec21
ROA % - -

Competitive Comparison of Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii's ROA %

For the REIT - Industrial subindustry, Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - 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.


Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii's ROA % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii's ROA % distribution charts can be found below:

* The bar in red indicates where Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii's ROA % falls into.



Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii ROA % Calculation

Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii's annualized ROA % for the fiscal year that ended in Dec. 2021 is calculated as:

ROA %=Net Income (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=10.574/( (631.654+784.885)/ 2 )
=10.574/708.2695
=1.49 %

Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii's annualized ROA % for the quarter that ended in Dec. 2020 is calculated as:

ROA %=Net Income (Q: Dec. 2020 )/( (Total Assets (Q: . 20 )+Total Assets (Q: Dec. 2020 ))/ 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 (Dec. 2020) net income data. ROA % is displayed in the 30-year financial page.


Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii  (BSP:TRBL11) 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: Dec. 2020 )
=Net Income/Total Assets
=/
=(Net Income / Revenue)*(Revenue / Total Assets)
=( / )*( / )
=Net Margin %*Asset Turnover
= %*
= %

Note: The Net Income data used here is one times the annual (Dec. 2020) net income data. The Revenue data used here is one times the annual (Dec. 2020) 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.


Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii ROA % Related Terms

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Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Avenida Chedid Jafet nº 222, Block B, 3rd Floor, Suite 32, Sao Paulo, SP, BRA, 04551-065
Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii is a real estate investment fund constituted in the form of a closed condominium. The purpose of the Fund is to make investments in long-term real estate projects, through the acquisition and subsequent asset management of properties of a logistical and industrial nature, notably logistical warehouses, preferably in the states of Sao Paulo and/or Rio de Janeiro.

Fundo De Investi Imobiliario Tellus Rio Bravo Renda Logistica - Fii Headlines

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