Speed Medical (CAI:SPMD) ROA %: 0.00% (As of . 20)

What is Speed Medical ROA %?

Speed Medical CAI:SPMD +1.65% ROA % is 0.00% as of . 20. The stock has 1 warning sign investors should review. Among 215 Medical Diagnostics & Research companies, Speed Medical ranks worse than 465115.81% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Speed Medical's annualized Net Income for the quarter that ended in . 20 was E£ Mil. Speed Medical's average Total Assets over the quarter that ended in . 20 was E£ 0 Mil. Therefore, Speed Medical's annualized ROA % for the quarter that ended in . 20 was Not Available.

The historical rank and industry rank for Speed Medical's ROA % or its related term are showing as below:

CAI:SPMD's ROA % is not ranked ^*
in the Medical Diagnostics & Research industry.
Industry Median: -2.35
* Ranked among companies with meaningful ROA % only.

Speed Medical (CAI:SPMD) 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: . 20 )
=	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 (. 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.

Speed Medical ROA % Related Terms

Speed Medical ROA % Historical Data

* Premium members only.

The historical data trend for Speed Medical's ROA % can be seen below:

Speed Medical ROA % Chart

Speed Medical Annual Data

Trend

ROA %

Speed Medical Semi-Annual Data

ROA %

CAI:SPMD vs TMO, DHR, IDXX: ROA % Comparison

For the Diagnostics & Research subindustry, Speed Medical'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.

Speed Medical ROA % vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Speed Medical's ROA % distribution charts can be found below:

* The bar in red indicates where Speed Medical's ROA % falls into.

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Speed Medical ROA % Calculation

Speed Medical'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 )
	=		/	( (	+	)	/ )
	=		/
	=	%

Speed Medical'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 )
	=		/	( (	+	)	/ )
	=		/
	=	%

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.

Frequently Asked Questions Learn more about ROA % →

What does a ROA % of 0.00% mean?

Speed Medical (CAI:SPMD) has a ROA % of 0.00% as of . 20. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Speed Medical and its competitors. According to the industry distribution chart, Speed Medical ranks #999999 out of 215 companies in the Medical Diagnostics & Research industry.

Is Speed Medical's ROA % too high?

Speed Medical's current ROA % is 0.00%. Based on the distribution chart, Speed Medical ranks #999999 out of 215 companies in the Medical Diagnostics & Research industry, which is in the bottom quartile relative to peers.

How does Speed Medical's ROA % compare to TMO and DHR?

According to the Medical Diagnostics & Research industry distribution chart, Speed Medical ranks #999999 out of 215 companies for ROA %. This places Speed Medical in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROA % for a Medical Diagnostics & Research company?

A good ROA % depends on the Medical Diagnostics & Research industry context. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high ROA % mean?

A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Speed Medical and its competitors. Speed Medical's current ROA % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Speed Medical stock overvalued right now?

Speed Medical (CAI:SPMD) has a current ROA % of 0.00%. The current ROA % is 0.00%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROA % calculated?

ROA % is calculated from a company's financial statements. For Speed Medical (CAI:SPMD), the current ROA % is 0.00% as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Speed Medical Business Description

Industry Healthcare Medical Diagnostics & Research

Comparable Companies CAI:PHGC TMO DHR SHSE:603259 XSWX:LONN IDXX A NTRA WAT IQV ILMN MTD DGX LH GH MEDP XPAR:ERF ICLR RVTY CRL

Address 25 Othman Ibn Affan Street, Meedan Salah Eldin, Heliopolis, Cairo, EGY

Website https://www.speedlabegypt.com

Speed Medical is an Egypt-based medical laboratory operator. It is engaged in operating and managing of diagnostic laboratories and others.