Cannabis Suisse (Cannabis Suisse) ROA % : -66.26% (As of Feb. 2024)

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What is Cannabis Suisse ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Cannabis Suisse's annualized Net Income for the quarter that ended in Feb. 2024 was $-0.27 Mil. Cannabis Suisse's average Total Assets over the quarter that ended in Feb. 2024 was $0.41 Mil. Therefore, Cannabis Suisse's annualized ROA % for the quarter that ended in Feb. 2024 was -66.26%.

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

CSUI' s ROA % Range Over the Past 10 Years
Min: -2685.71 Med: -108.51 Max: -12.74
Current: -68.96

During the past 8 years, Cannabis Suisse's highest ROA % was -12.74%. The lowest was -2685.71%. And the median was -108.51%.

CSUI's ROA % is ranked worse than
89.58% of 1084 companies
in the Drug Manufacturers industry
Industry Median: 1.575 vs CSUI: -68.96

Cannabis Suisse ROA % Historical Data

The historical data trend for Cannabis Suisse'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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Cannabis Suisse ROA % Chart

Cannabis Suisse Annual Data

Trend

May16

May17

May18

May19

May20

May21

May22

May23

ROA %

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-12.74

-108.51

-210.23

-2,685.71

-101.73

Cannabis Suisse Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
ROA %	Get a 7-Day Free Trial															-296.98	-75.71	-78.08	-71.54	-66.26

Competitive Comparison of Cannabis Suisse's ROA %

For the Drug Manufacturers - Specialty & Generic subindustry, Cannabis Suisse'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.

Cannabis Suisse's ROA % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Cannabis Suisse's ROA % distribution charts can be found below:

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

Cannabis Suisse ROA % Calculation

Cannabis Suisse's annualized ROA % for the fiscal year that ended in May. 2023 is calculated as:

ROA %	=	Net Income (A: May. 2023 )	/	( (Total Assets (A: May. 2022 )	+	Total Assets (A: May. 2023 ))	/ count )
	=	-0.352	/	( (0	+	0.346)	/ 1 )
	=	-0.352	/	0.346
	=	-101.73 %

Cannabis Suisse's annualized ROA % for the quarter that ended in Feb. 2024 is calculated as:

ROA %	=	Net Income (Q: Feb. 2024 )	/	( (Total Assets (Q: Nov. 2023 )	+	Total Assets (Q: Feb. 2024 ))	/ count )
	=	-0.272	/	( (0.295	+	0.526)	/ 2 )
	=	-0.272	/	0.4105
	=	-66.26 %

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

Cannabis Suisse (OTCPK:CSUI) 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: Feb. 2024 )
=	Net Income	/	Total Assets
=	-0.272	/	0.4105
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(-0.272 / 0.032)	*	(0.032 / 0.4105)
=	Net Margin %	*	Asset Turnover
=	-850 %	*	0.078
=	-66.26 %

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

Cannabis Suisse ROA % Related Terms

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