GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Gold River Productions Inc (OTCPK:GRPS) » Definitions » ROA %

Gold River Productions (Gold River Productions) ROA % : -49.10% (As of Dec. 2096)


View and export this data going back to . Start your Free Trial

What is Gold River Productions ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Gold River Productions's annualized Net Income for the quarter that ended in Dec. 2096 was $-50.4 Mil. Gold River Productions's average Total Assets over the quarter that ended in Dec. 2096 was $102.7 Mil. Therefore, Gold River Productions's annualized ROA % for the quarter that ended in Dec. 2096 was -49.10%.

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: 1.36
* Ranked among companies with meaningful ROA % only.

Gold River Productions ROA % Historical Data

The historical data trend for Gold River Productions'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.

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 Quarterly Data
Mar92 Jun92 Sep92 Dec92 Mar93 Jun93 Sep93 Dec93 Mar94 Jun94 Sep94 Dec94 Mar95 Jun95 Sep95 Dec95 Mar96 Jun96 Sep96 Dec96
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 Premium Member Only -6.21 -75.29 -3.08 -0.75 -49.10

Competitive Comparison of Gold River Productions's ROA %

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's ROA % Distribution in the 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.



Gold River Productions ROA % Calculation

Gold River Productions's annualized ROA % for the fiscal year that ended in Mar. 2095 is calculated as:

ROA %=Net Income (A: Mar. 2095 )/( (Total Assets (A: Mar. 2094 )+Total Assets (A: Mar. 2095 ))/ count )
=-17.2/( (85.6+110.3)/ 2 )
=-17.2/97.95
=-17.56 %

Gold River Productions's annualized ROA % for the quarter that ended in Dec. 2096 is calculated as:

ROA %=Net Income (Q: Dec. 2096 )/( (Total Assets (Q: Sep. 2096 )+Total Assets (Q: Dec. 2096 ))/ count )
=-50.4/( (106+99.3)/ 2 )
=-50.4/102.65
=-49.10 %

* 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 (Dec. 2096) net income data. ROA % is displayed in the 30-year financial page.


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 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: Dec. 2096 )
=Net Income/Total Assets
=-50.4/102.65
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-50.4 / 164)*(164 / 102.65)
=Net Margin %*Asset Turnover
=-30.73 %*1.5977
=-49.10 %

Note: The Net Income data used here is four times the quarterly (Dec. 2096) net income data. The Revenue data used here is four times the quarterly (Dec. 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.


Gold River Productions ROA % Related Terms

Thank you for viewing the detailed overview of Gold River Productions's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Gold River Productions (Gold River Productions) Business Description

Traded in Other Exchanges
N/A
Address
1022 Shadyside Lane, Dallas, TX, USA, 75223
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.

Gold River Productions (Gold River Productions) Headlines