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Executive Network Partnering (Executive Network Partnering) ROA % : -13.51% (As of Jun. 2022)


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What is Executive Network Partnering ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Executive Network Partnering's annualized Net Income for the quarter that ended in Jun. 2022 was $-56.01 Mil. Executive Network Partnering's average Total Assets over the quarter that ended in Jun. 2022 was $414.57 Mil. Therefore, Executive Network Partnering's annualized ROA % for the quarter that ended in Jun. 2022 was -13.51%.

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

ENPC's ROA % is not ranked *
in the Diversified Financial Services industry.
Industry Median: -0.845
* Ranked among companies with meaningful ROA % only.

Executive Network Partnering ROA % Historical Data

The historical data trend for Executive Network Partnering'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.

Executive Network Partnering ROA % Chart

Executive Network Partnering Annual Data
Trend Dec20 Dec21
ROA %
- 0.35

Executive Network Partnering Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 0.19 3.21 -13.51 0.85

Competitive Comparison of Executive Network Partnering's ROA %

For the Shell Companies subindustry, Executive Network Partnering'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.


Executive Network Partnering's ROA % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Executive Network Partnering's ROA % distribution charts can be found below:

* The bar in red indicates where Executive Network Partnering's ROA % falls into.



Executive Network Partnering ROA % Calculation

Executive Network Partnering's annualized ROA % for the fiscal year that ended in Dec. 2021 is calculated as:

ROA %=Net Income (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=1.472/( (415.34+414.354)/ 2 )
=1.472/414.847
=0.35 %

Executive Network Partnering's annualized ROA % for the quarter that ended in Jun. 2022 is calculated as:

ROA %=Net Income (Q: Jun. 2022 )/( (Total Assets (Q: Mar. 2022 )+Total Assets (Q: Jun. 2022 ))/ count )
=-56.008/( (414.351+414.782)/ 2 )
=-56.008/414.5665
=-13.51 %

* 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 (Jun. 2022) net income data. ROA % is displayed in the 30-year financial page.


Executive Network Partnering  (NYSE:ENPC) 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: Jun. 2022 )
=Net Income/Total Assets
=-56.008/414.5665
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-56.008 / 0)*(0 / 414.5665)
=Net Margin %*Asset Turnover
=N/A %*0
=-13.51 %

Note: The Net Income data used here is four times the quarterly (Jun. 2022) net income data. The Revenue data used here is four times the quarterly (Jun. 2022) 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.


Executive Network Partnering ROA % Related Terms

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Executive Network Partnering (Executive Network Partnering) Business Description

Traded in Other Exchanges
N/A
Address
137 Newbury Street, 7th Floor, Boston, MA, USA, 02116
Executive Network Partnering Corp is a blank check company.
Executives
Michael M Calbert director C/O DOLLAR GENERAL CORPORATION, 100 MISSION RIDGE, GOODLETTSVILLE TN 37072
Paul D Ryan director 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Gisel Ruiz director C/O VITAL FARMS, INC., 3601 SOUTH CONGRESS AVENUE, SUITE C100, AUSTIN TX 78704
Richard W Boyce director 301 COMMERCE STREET, SUITE 3300, FORTH WORTH TX 76102
Alex J. Dunn director C/O VIVINT SOLAR, INC., 3301 N. THANKSGIVING WAY, SUITE 500, LEHI UT 84043
Enpc Holdings, Llc 10 percent owner 137 NEWBURY STREET, 7TH FLOOR, BOSTON MA 02116