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Comarco (Comarco) ROA % : -215.14% (As of Oct. 2017)


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What is Comarco ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Comarco's annualized Net Income for the quarter that ended in Oct. 2017 was $-0.80 Mil. Comarco's average Total Assets over the quarter that ended in Oct. 2017 was $0.37 Mil. Therefore, Comarco's annualized ROA % for the quarter that ended in Oct. 2017 was -215.14%.

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

CMRO's ROA % is not ranked *
in the Hardware industry.
Industry Median: 2.24
* Ranked among companies with meaningful ROA % only.

Comarco ROA % Historical Data

The historical data trend for Comarco'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.

Comarco ROA % Chart

Comarco Annual Data
Trend Jan08 Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -156.68 -90.50 333.79 -84.02 108.75

Comarco Quarterly Data
Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -107.10 -153.60 -168.66 -283.03 -215.14

Competitive Comparison of Comarco's ROA %

For the Communication Equipment subindustry, Comarco'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.


Comarco's ROA % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Comarco's ROA % distribution charts can be found below:

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



Comarco ROA % Calculation

Comarco's annualized ROA % for the fiscal year that ended in Jan. 2017 is calculated as:

ROA %=Net Income (A: Jan. 2017 )/( (Total Assets (A: Jan. 2016 )+Total Assets (A: Jan. 2017 ))/ count )
=0.845/( (0.922+0.632)/ 2 )
=0.845/0.777
=108.75 %

Comarco's annualized ROA % for the quarter that ended in Oct. 2017 is calculated as:

ROA %=Net Income (Q: Oct. 2017 )/( (Total Assets (Q: Jul. 2017 )+Total Assets (Q: Oct. 2017 ))/ count )
=-0.796/( (0.133+0.607)/ 2 )
=-0.796/0.37
=-215.14 %

* 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 four times the quarterly (Oct. 2017) net income data. ROA % is displayed in the 30-year financial page.


Comarco  (OTCPK:CMRO) 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: Oct. 2017 )
=Net Income/Total Assets
=-0.796/0.37
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.796 / 0)*(0 / 0.37)
=Net Margin %*Asset Turnover
=N/A %*0
=-215.14 %

Note: The Net Income data used here is four times the quarterly (Oct. 2017) net income data. The Revenue data used here is four times the quarterly (Oct. 2017) 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.


Comarco ROA % Related Terms

Thank you for viewing the detailed overview of Comarco's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Comarco (Comarco) Business Description

Traded in Other Exchanges
N/A
Address
28202 Cabot Road, Suite 300, Laguna Niguel, CA, USA, 92677
Comarco Inc through its subsidiaries is engaged in developing numerous technologies in the field of power adapters and chargers for portable mobile devices such as laptop computers, tablets smartphones and more. The company is focused on realizing value from its ongoing intellectual property enforcement actions and other litigation. In addition, it also explores for opportunities to expand, protect, and monetize its patent portfolio, through the sale or licensing of the patent portfolio.
Executives
Neal C Bradsher 10 percent owner
Broadwood Partners Lp 10 percent owner BROADWOOD CAPITAL INC., 142 WEST 57TH STREET, 11TH FLOOR, NEW YORK NY 10019
Broadwood Capital Inc 10 percent owner 142 WEST 57TH STREET, 11TH FLOOR, NEW YORK NY 10019
Lou Silverman director
Michael H. Mulroy director 1300 N. KELLOGG DRIVE, SUITE D, ANAHEIM CA 92807
Alisha Charlton officer: VP, Chief Accounting Officer 25541 COMMERCENTRE DRIVE, LAKE FOREST CA 92630
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Robert J Majteles director
Van Der Kaay Erik director C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Don M Bailey director 1300 N. KELLOGG DRIVE, SUITE D, ANAHEIM CA 92607
Stadium Capital Partners L P other: former 10% owner 199 ELM STREET, NEW CANAAN CT 06840

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