GNOG.WS (Golden Nugget Online Gaming) ROA %: 0.00% (As of . 20)


What is Golden Nugget Online Gaming ROA %?

Golden Nugget Online Gaming GNOG.WS ROA % is 0.00% as of . 20.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Golden Nugget Online Gaming's annualized Net Income for the quarter that ended in . 20 was $ Mil. Golden Nugget Online Gaming's average Total Assets over the quarter that ended in . 20 was $ 0 Mil. Therefore, Golden Nugget Online Gaming's annualized ROA % for the quarter that ended in . 20 was Not Available.

The historical rank and industry rank for Golden Nugget Online Gaming's ROA % or its related term are showing as below:

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

Golden Nugget Online Gaming  (NAS:GNOG.WS) 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: . 20 )
=Net Income/Total Assets
=/
=(Net Income / Revenue)*(Revenue / Total Assets)
=( / )*( / )
=Net Margin %*Asset Turnover
= %*
= %

Note: The Net Income data used here is one times the annual (. 20) net income data. The Revenue data used here is one times the annual (. 20) 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.

Golden Nugget Online Gaming ROA % Related Terms

Golden Nugget Online Gaming ROA % Historical Data

* Premium members only.

The historical data trend for Golden Nugget Online Gaming'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.

Golden Nugget Online Gaming ROA % Chart

Golden Nugget Online Gaming Annual Data
Trend
ROA %

Golden Nugget Online Gaming Semi-Annual Data
ROA %

GNOG.WS vs : ROA % Comparison

For the subindustry, Golden Nugget Online Gaming'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.

Golden Nugget Online Gaming ROA % vs Industry

For the industry and sector, Golden Nugget Online Gaming's ROA % distribution charts can be found below:

* The bar in red indicates where Golden Nugget Online Gaming's ROA % falls into.


Golden Nugget Online Gaming ROA % Calculation

Golden Nugget Online Gaming's annualized ROA % for the fiscal year that ended in . 20 is calculated as:

ROA %=Net Income (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
= %

Golden Nugget Online Gaming's annualized ROA % for the quarter that ended in . 20 is calculated as:

ROA %=Net Income (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
= %

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

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 0.00% mean?
Golden Nugget Online Gaming (GNOG.WS) has a ROA % of 0.00% as of . 20. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Golden Nugget Online Gaming and its competitors.
Is Golden Nugget Online Gaming's ROA % too high?
Golden Nugget Online Gaming's current ROA % is 0.00%.
How does Golden Nugget Online Gaming's ROA % compare to ?
Golden Nugget Online Gaming's ROA % is 0.00%. 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 company?
A good ROA % depends on the 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 Golden Nugget Online Gaming and its competitors. Golden Nugget Online Gaming's current ROA % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Nugget Online Gaming stock overvalued right now?
Golden Nugget Online Gaming (GNOG.WS) has a current ROA % of 0.00%. The current ROA % is 0.00%. 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 Golden Nugget Online Gaming (GNOG.WS), the current ROA % is 0.00% as of . 20. 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.

Golden Nugget Online Gaming Business Description

Industry
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