Cairo Oils & Soap (CAI:COSG) ROA % : 15.28% (As of Mar. 2024)

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What is Cairo Oils & Soap ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Cairo Oils & Soap's annualized Net Income for the quarter that ended in Mar. 2024 was E£115 Mil. Cairo Oils & Soap's average Total Assets over the quarter that ended in Mar. 2024 was E£754 Mil. Therefore, Cairo Oils & Soap's annualized ROA % for the quarter that ended in Mar. 2024 was 15.28%.

The historical rank and industry rank for Cairo Oils & Soap's ROA % or its related term are showing as below:

CAI:COSG' s ROA % Range Over the Past 10 Years
Min: -98.1 Med: -17.88 Max: 40.02
Current: 5.72

During the past 13 years, Cairo Oils & Soap's highest ROA % was 40.02%. The lowest was -98.10%. And the median was -17.88%.

CAI:COSG's ROA % is ranked better than
67.57% of 1912 companies
in the Consumer Packaged Goods industry
Industry Median: 3.04 vs CAI:COSG: 5.72

Cairo Oils & Soap ROA % Historical Data

The historical data trend for Cairo Oils & Soap'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.

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Cairo Oils & Soap ROA % Chart

Cairo Oils & Soap Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROA %

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-17.54

-44.56

-98.10

-40.15

7.77

Cairo Oils & Soap Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROA %	Get a 7-Day Free Trial															47.61	12.28	1.59	-6.32	15.28

Competitive Comparison of Cairo Oils & Soap's ROA %

For the Household & Personal Products subindustry, Cairo Oils & Soap'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.

Cairo Oils & Soap's ROA % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cairo Oils & Soap's ROA % distribution charts can be found below:

* The bar in red indicates where Cairo Oils & Soap's ROA % falls into.

Cairo Oils & Soap ROA % Calculation

Cairo Oils & Soap's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %	=	Net Income (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
	=	33.541	/	( (180.152	+	682.926)	/ 2 )
	=	33.541	/	431.539
	=	7.77 %

Cairo Oils & Soap's annualized ROA % for the quarter that ended in Mar. 2024 is calculated as:

ROA %	=	Net Income (Q: Mar. 2024 )	/	( (Total Assets (Q: Dec. 2023 )	+	Total Assets (Q: Mar. 2024 ))	/ count )
	=	115.268	/	( (682.926	+	825.793)	/ 2 )
	=	115.268	/	754.3595
	=	15.28 %

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

Cairo Oils & Soap (CAI:COSG) 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 banks 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: Mar. 2024 )
=	Net Income	/	Total Assets
=	115.268	/	754.3595
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(115.268 / 1489.36)	*	(1489.36 / 754.3595)
=	Net Margin %	*	Asset Turnover
=	7.74 %	*	1.9743
=	15.28 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data.

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.

Cairo Oils & Soap ROA % Related Terms

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