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Dominion Resources Black Warrior Trust (Dominion Resources Black Warrior Trust) ROA % : -45.73% (As of Sep. 2015)


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What is Dominion Resources Black Warrior Trust ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Dominion Resources Black Warrior Trust's annualized Net Income for the quarter that ended in Sep. 2015 was $-2.56 Mil. Dominion Resources Black Warrior Trust's average Total Assets over the quarter that ended in Sep. 2015 was $5.60 Mil. Therefore, Dominion Resources Black Warrior Trust's annualized ROA % for the quarter that ended in Sep. 2015 was -45.73%.

The historical rank and industry rank for Dominion Resources Black Warrior Trust's ROA % or its related term are showing as below:

DOMR's ROA % is not ranked *
in the Banks industry.
Industry Median: 0.89
* Ranked among companies with meaningful ROA % only.

Dominion Resources Black Warrior Trust ROA % Historical Data

The historical data trend for Dominion Resources Black Warrior Trust'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.

Dominion Resources Black Warrior Trust ROA % Chart

Dominion Resources Black Warrior Trust Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 50.57 47.68 33.71 53.26 68.83

Dominion Resources Black Warrior Trust Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 80.07 72.10 70.21 38.60 -45.73

Competitive Comparison of Dominion Resources Black Warrior Trust's ROA %

For the Mortgage Finance subindustry, Dominion Resources Black Warrior Trust'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.


Dominion Resources Black Warrior Trust's ROA % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Dominion Resources Black Warrior Trust's ROA % distribution charts can be found below:

* The bar in red indicates where Dominion Resources Black Warrior Trust's ROA % falls into.



Dominion Resources Black Warrior Trust ROA % Calculation

Dominion Resources Black Warrior Trust's annualized ROA % for the fiscal year that ended in Dec. 2014 is calculated as:

ROA %=Net Income (A: Dec. 2014 )/( (Total Assets (A: Dec. 2013 )+Total Assets (A: Dec. 2014 ))/ count )
=5.846/( (9.059+7.927)/ 2 )
=5.846/8.493
=68.83 %

Dominion Resources Black Warrior Trust's annualized ROA % for the quarter that ended in Sep. 2015 is calculated as:

ROA %=Net Income (Q: Sep. 2015 )/( (Total Assets (Q: Jun. 2015 )+Total Assets (Q: Sep. 2015 ))/ count )
=-2.56/( (7.267+3.928)/ 2 )
=-2.56/5.5975
=-45.73 %

* 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 (Sep. 2015) net income data. ROA % is displayed in the 30-year financial page.


Dominion Resources Black Warrior Trust  (OTCPK:DOMR) 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: Sep. 2015 )
=Net Income/Total Assets
=-2.56/5.5975
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.56 / 0)*(0 / 5.5975)
=Net Margin %*Asset Turnover
=N/A %*0
=-45.73 %

Note: The Net Income data used here is four times the quarterly (Sep. 2015) net income data. The Revenue data used here is four times the quarterly (Sep. 2015) 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.


Dominion Resources Black Warrior Trust ROA % Related Terms

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Dominion Resources Black Warrior Trust (Dominion Resources Black Warrior Trust) Business Description

Traded in Other Exchanges
N/A
Address
2911 Turtle Creek Boulevard, P.O. Box 962020, Dallas, TX, USA, 75219
Dominion Resources Black Warrior Trust is a grantor trust, which acquires and holds certain overriding royalty interests burdening proved natural gas properties located in the Pottsville coal formation of the Black Warrior Basin, Tuscaloosa County, Alabama.

Dominion Resources Black Warrior Trust (Dominion Resources Black Warrior Trust) Headlines

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