GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Gulf West Security Network Inc (OTCPK:GWSN) » Definitions » ROA %

Gulf West Security Network (Gulf West Security Network) ROA % : -558.49% (As of Sep. 2022)


View and export this data going back to 2014. Start your Free Trial

What is Gulf West Security Network ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Gulf West Security Network's annualized Net Income for the quarter that ended in Sep. 2022 was $-0.30 Mil. Gulf West Security Network's average Total Assets over the quarter that ended in Sep. 2022 was $0.05 Mil. Therefore, Gulf West Security Network's annualized ROA % for the quarter that ended in Sep. 2022 was -558.49%.

The historical rank and industry rank for Gulf West Security Network's ROA % or its related term are showing as below:

GWSN's ROA % is not ranked *
in the Business Services industry.
Industry Median: 3.56
* Ranked among companies with meaningful ROA % only.

Gulf West Security Network ROA % Historical Data

The historical data trend for Gulf West Security Network'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.

Gulf West Security Network ROA % Chart

Gulf West Security Network Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Dec18 Dec19 Dec20 Dec21
ROA %
Get a 7-Day Free Trial -13,318.52 -1,313.04 -810.47 -2,169.86 -718.52

Gulf West Security Network Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -1,251.28 318.18 170.87 -548.39 -558.49

Competitive Comparison of Gulf West Security Network's ROA %

For the Security & Protection Services subindustry, Gulf West Security Network'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.


Gulf West Security Network's ROA % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Gulf West Security Network's ROA % distribution charts can be found below:

* The bar in red indicates where Gulf West Security Network's ROA % falls into.



Gulf West Security Network ROA % Calculation

Gulf West Security Network's annualized ROA % for the fiscal year that ended in Dec. 2021 is calculated as:

ROA %=Net Income (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=-0.291/( (0.034+0.047)/ 2 )
=-0.291/0.0405
=-718.52 %

Gulf West Security Network's annualized ROA % for the quarter that ended in Sep. 2022 is calculated as:

ROA %=Net Income (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=-0.296/( (0.068+0.038)/ 2 )
=-0.296/0.053
=-558.49 %

* 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. 2022) net income data. ROA % is displayed in the 30-year financial page.


Gulf West Security Network  (OTCPK:GWSN) 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. 2022 )
=Net Income/Total Assets
=-0.296/0.053
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.296 / 0.008)*(0.008 / 0.053)
=Net Margin %*Asset Turnover
=-3700 %*0.1509
=-558.49 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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.


Gulf West Security Network ROA % Related Terms

Thank you for viewing the detailed overview of Gulf West Security Network's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Gulf West Security Network (Gulf West Security Network) Business Description

Traded in Other Exchanges
N/A
Address
2851 Johnson Street, Unit No. 194, Lafayette, LA, USA, 70503
Gulf West Security Network Inc is involved in providing residential and commercial electronic security, home automation, and systems integration services on both a retail and wholesale basis. The group is engaged in the sale, installation, servicing, and monitoring of electronic systems in the United States.
Executives
Sean Clarke director, officer: CFO 225 AVENIDA MONTEREY, UNIT D, SAN CLEMENTE CA 92672
Fred G Luke officer: President 2618 SAN MIGUAL, STE 203, NEWPORT BEACH CA 92660
Derek C Cahill 10 percent owner 555 N EL CAMINO REAL, S133, SAN CLEMENTE CA 92672

Gulf West Security Network (Gulf West Security Network) Headlines