Gold River ProductionsGRPS ROA % is -20.16% as of Mar. 2096. Among 1,003 Drug Manufacturers companies, Gold River Productions ranks worse than 99700.8% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Gold River Productions's annualizedNet Income for the quarter that ended in Mar. 2096 was $-21.4 Mil.
Gold River Productions's average Total Assets over the quarter that ended in Mar. 2096 was $106.2 Mil. Therefore, Gold River Productions's annualized ROA % for the quarter that ended in Mar. 2096 was -20.16%.
The historical rank and industry rank for Gold River Productions's ROA % or its related term are showing as below:
GRPS's ROA % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 2.69 * Ranked among companies with meaningful ROA % only.
Gold River Productions (OTCPK:GRPS) 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 banks 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:
Note:
The Net Income data used here is one times the annual (Mar. 2096) net income data. The Revenue data used here is one times the annual (Mar. 2096) 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.
* 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.
Gold River Productions ROA % Chart
Gold River Productions Annual Data
Trend
Mar92
Mar93
Mar94
Mar95
ROA %
-91.67
-64.06
-16.54
-17.56
Gold River Productions Semi-Annual Data
Mar92
Mar93
Mar94
Mar95
Mar96
ROA %
-91.67
-64.06
-16.54
-17.56
-20.16
GRPS vs KOAN, OWPC, PTPI: ROA % Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Gold River Productions'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.
Gold River Productions ROA % vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Gold River Productions's ROA % distribution charts can be found below:
* The bar in red indicates where Gold River Productions's ROA % falls into.
* 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 (Mar. 2096) net income data.
ROA % is displayed in the 30-year financial page.
Gold River Productions (GRPS) has a ROA % of -20.16% as of Mar. 2096. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Gold River Productions and its competitors. According to the industry distribution chart, Gold River Productions ranks #999999 out of 1003 companies in the Drug Manufacturers industry.
Is Gold River Productions' ROA % too high?
Gold River Productions' current ROA % is -20.16%. Based on the distribution chart, Gold River Productions ranks #999999 out of 1003 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers.
How does Gold River Productions' ROA % compare to KOAN and OWPC?
According to the Drug Manufacturers industry distribution chart, Gold River Productions ranks #999999 out of 1003 companies for ROA %. This places Gold River Productions in the lower half of its industry. The industry median ROA % is 2.69. 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 Drug Manufacturers company?
The median ROA % among Drug Manufacturers companies is 2.69, based on 1,003 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. 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 Gold River Productions and its competitors. For the Drug Manufacturers industry, the median ROA % is 2.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gold River Productions's current ROA % is -20.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold River Productions stock overvalued right now?
Gold River Productions (GRPS) has a current ROA % of -20.16%. The current ROA % is -20.16%. 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 Gold River Productions (GRPS), the current ROA % is -20.16% as of Mar. 2096. 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.
Gold River Productions Inc is a medical cannabinoids company involved in developing products targeting disease states as supplements. The company offers various products, including Wrinkle Cream, EnergyPlex CBD, Hemorrhoid Plus CBD, Addiction Kit, and Sominoplex-CBD, among others.
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