Wesana Health Holdings (FRA:DDX) ROA %: -28.82% (As of Sep. 2024)


FRA:DDX Wesana Health Holdings Inc FRA:DDX
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What is Wesana Health Holdings ROA %?

Wesana Health Holdings FRA:DDX 10 ROA % is -28.82% as of Sep. 2024. GuruFocus rates FRA:DDX with a GF Score™ of 10/100.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Wesana Health Holdings's annualized Net Income for the quarter that ended in Sep. 2024 was €-0.13 Mil. Wesana Health Holdings's average Total Assets over the quarter that ended in Sep. 2024 was €0.46 Mil. Therefore, Wesana Health Holdings's annualized ROA % for the quarter that ended in Sep. 2024 was -28.82%.

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

FRA:DDX's ROA % is not ranked *
in the Biotechnology industry.
Industry Median: -32.84
* Ranked among companies with meaningful ROA % only.

Wesana Health Holdings  (FRA:DDX) 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. 2024 )
=Net Income/Total Assets
=-0.132/0.458
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.132 / 0)*(0 / 0.458)
=Net Margin %*Asset Turnover
=N/A %*0
=-28.82 %

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


Wesana Health Holdings ROA % Related Terms


Wesana Health Holdings ROA % Historical Data

* Premium members only.

The historical data trend for Wesana Health 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.

Wesana Health Holdings ROA % Chart

Wesana Health Holdings Annual Data
Trend Apr20 Apr21 Dec22 Dec23
ROA %
-35.34 -56.36 -811.70 -115.45

Wesana Health Holdings Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 83.69 -214.37 -97.93 -126.28 -28.82

FRA:DDX vs BPTH, HEPA, SCPX: ROA % Comparison

For the Biotechnology subindustry, Wesana Health 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.


Wesana Health Holdings ROA % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Wesana Health Holdings's ROA % distribution charts can be found below:

* The bar in red indicates where Wesana Health Holdings's ROA % falls into.


FRA:DDX
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Wesana Health Holdings ROA % Calculation

Wesana Health Holdings's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=-1.58/( (1.826+0.911)/ 2 )
=-1.58/1.3685
=-115.45 %

Wesana Health Holdings's annualized ROA % for the quarter that ended in Sep. 2024 is calculated as:

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-0.132/( (0.471+0.445)/ 2 )
=-0.132/0.458
=-28.82 %

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

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -28.82% mean?
Wesana Health Holdings (FRA:DDX) has a ROA % of -28.82% as of Sep. 2024. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Wesana Health Holdings and its competitors.
Is Wesana Health Holdings' ROA % too high?
Wesana Health Holdings' current ROA % is -28.82%. Overall, Wesana Health Holdings has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Wesana Health Holdings' ROA % compare to BPTH and HEPA?
Wesana Health Holdings' ROA % of -28.82% can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Biotechnology company?
A good ROA % depends on the Biotechnology industry context. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Wesana Health Holdings and its competitors. Wesana Health Holdings's current ROA % is -28.82%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wesana Health Holdings stock overvalued right now?
Wesana Health Holdings (FRA:DDX) has a current ROA % of -28.82%. The current ROA % is -28.82%. Wesana Health Holdings' overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Wesana Health Holdings (FRA:DDX), the current ROA % is -28.82% as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Wesana Health Holdings Business Description

Address 745 Thurlow Street, Suite 2400, Vancouver, BC, CAN, V6E 0C5
Wesana Health Holdings Inc is looking for new business opportunities.
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ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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