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Global Environmental Energy (Global Environmental Energy) ROA % : -44,434.78% (As of May. 2009)


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What is Global Environmental Energy ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Global Environmental Energy's annualized Net Income for the quarter that ended in May. 2009 was $-25.55 Mil. Global Environmental Energy's average Total Assets over the quarter that ended in May. 2009 was $0.06 Mil. Therefore, Global Environmental Energy's annualized ROA % for the quarter that ended in May. 2009 was -44,434.78%.

The historical rank and industry rank for Global Environmental Energy's ROA % or its related term are showing as below:

GEECF's ROA % is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 2.045
* Ranked among companies with meaningful ROA % only.

Global Environmental Energy ROA % Historical Data

The historical data trend for Global Environmental Energy'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.

Global Environmental Energy ROA % Chart

Global Environmental Energy Annual Data
Trend May00 May01 May02 May03 May04 May05 May06 May07 May08 May09
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -83.95 -400.08 -811,066.67 -632,966.67 -44,434.78

Global Environmental Energy Semi-Annual Data
May99 May00 May01 May02 May03 May04 May05 May06 May07 May08 May09
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -83.95 -400.08 -811,066.67 -632,966.67 -44,434.78

Competitive Comparison of Global Environmental Energy's ROA %

For the Utilities - Renewable subindustry, Global Environmental Energy'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.


Global Environmental Energy's ROA % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Global Environmental Energy's ROA % distribution charts can be found below:

* The bar in red indicates where Global Environmental Energy's ROA % falls into.



Global Environmental Energy ROA % Calculation

Global Environmental Energy's annualized ROA % for the fiscal year that ended in May. 2009 is calculated as:

ROA %=Net Income (A: May. 2009 )/( (Total Assets (A: May. 2008 )+Total Assets (A: May. 2009 ))/ count )
=-25.55/( (0.003+0.112)/ 2 )
=-25.55/0.0575
=-44,434.78 %

Global Environmental Energy's annualized ROA % for the quarter that ended in May. 2009 is calculated as:

ROA %=Net Income (Q: May. 2009 )/( (Total Assets (Q: May. 2008 )+Total Assets (Q: May. 2009 ))/ count )
=-25.55/( (0.003+0.112)/ 2 )
=-25.55/0.0575
=-44,434.78 %

* 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 (May. 2009) net income data. ROA % is displayed in the 30-year financial page.


Global Environmental Energy  (OTCPK:GEECF) 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: May. 2009 )
=Net Income/Total Assets
=-25.55/0.0575
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-25.55 / 0)*(0 / 0.0575)
=Net Margin %*Asset Turnover
=N/A %*0
=-44,434.78 %

Note: The Net Income data used here is one times the annual (May. 2009) net income data. The Revenue data used here is one times the annual (May. 2009) 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.


Global Environmental Energy ROA % Related Terms

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Global Environmental Energy (Global Environmental Energy) Business Description

Traded in Other Exchanges
N/A
Address
Cable Beach, P.O. Box CB-13277, Nassau, BHS
Global Environmental Energy Corp is an energy company, Its interests include alternative energy sources, environmental infrastructure, electrical micro-power generation and liquid fuel production.

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