GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » First Capital Holdings PLC (COL:FCT.N0000) » Definitions » ROA %

First Capital Holdings (COL:FCT.N0000) ROA % : 0.00% (As of . 20)


View and export this data going back to 2021. Start your Free Trial

What is First Capital Holdings ROA %?

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

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

COL:FCT.N0000's ROA % is not ranked *
in the Capital Markets industry.
Industry Median: 1.57
* Ranked among companies with meaningful ROA % only.

First Capital Holdings ROA % Historical Data

The historical data trend for First Capital Holdings'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.

First Capital Holdings ROA % Chart

First Capital Holdings Annual Data
Trend
ROA %

First Capital Holdings Semi-Annual Data
ROA %

Competitive Comparison of First Capital Holdings's ROA %

For the Capital Markets subindustry, First Capital Holdings'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.


First Capital Holdings's ROA % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, First Capital Holdings's ROA % distribution charts can be found below:

* The bar in red indicates where First Capital Holdings's ROA % falls into.



First Capital Holdings ROA % Calculation

First Capital Holdings'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 )
=/( (+)/ )
=/
= %

First Capital Holdings'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 )
=/( (+)/ )
=/
= %

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


First Capital Holdings  (COL:FCT.N0000) 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:

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.


First Capital Holdings ROA % Related Terms

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


First Capital Holdings Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 02, Deal Place, Colombo, LKA, 00300
First Capital Holdings PLC is engaged in providing capital market services. Its business platform comprises four specialized areas namely Corporate Finance Advisory and Corporate Dealing Securities, Asset Management, Primary Dealing, and Stock Brokering. The company offers debt structuring, corporate finance, advisory services, dealing, and granting of margin trading facilities. It serves an array of companies, institutions, government agencies, high-net-worth individuals, and retail clients. it generates revenue from Direct Income which comprises interest income, trading gains, losses, and fee income.

First Capital Holdings Headlines

No Headlines