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Glacier Water Services (Glacier Water Services) ROA % : -5.24% (As of Dec. 2010)


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What is Glacier Water Services ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Glacier Water Services's annualized Net Income for the quarter that ended in Dec. 2010 was $-3.8 Mil. Glacier Water Services's average Total Assets over the quarter that ended in Dec. 2010 was $72.8 Mil. Therefore, Glacier Water Services's annualized ROA % for the quarter that ended in Dec. 2010 was -5.24%.

The historical rank and industry rank for Glacier Water Services's ROA % or its related term are showing as below:

GWSV's ROA % is not ranked *
in the Beverages - Non-Alcoholic industry.
Industry Median: 5.555
* Ranked among companies with meaningful ROA % only.

Glacier Water Services ROA % Historical Data

The historical data trend for Glacier Water Services'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.

Glacier Water Services ROA % Chart

Glacier Water Services Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.47 -6.23 -5.77 -1.45 -1.24

Glacier Water Services Quarterly Data
Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10
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 -10.54 -10.14 0.43 10.00 -5.24

Competitive Comparison of Glacier Water Services's ROA %

For the Beverages - Non-Alcoholic subindustry, Glacier Water Services'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.


Glacier Water Services's ROA % Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Glacier Water Services's ROA % distribution charts can be found below:

* The bar in red indicates where Glacier Water Services's ROA % falls into.



Glacier Water Services ROA % Calculation

Glacier Water Services's annualized ROA % for the fiscal year that ended in Dec. 2010 is calculated as:

ROA %=Net Income (A: Dec. 2010 )/( (Total Assets (A: Dec. 2009 )+Total Assets (A: Dec. 2010 ))/ count )
=-0.9/( (71.498+73.845)/ 2 )
=-0.9/72.6715
=-1.24 %

Glacier Water Services's annualized ROA % for the quarter that ended in Dec. 2010 is calculated as:

ROA %=Net Income (Q: Dec. 2010 )/( (Total Assets (Q: Sep. 2010 )+Total Assets (Q: Dec. 2010 ))/ count )
=-3.82/( (71.826+73.845)/ 2 )
=-3.82/72.8355
=-5.24 %

* 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. 2010) net income data. ROA % is displayed in the 30-year financial page.


Glacier Water Services  (OTCPK:GWSV) 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. 2010 )
=Net Income/Total Assets
=-3.82/72.8355
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.82 / 93.224)*(93.224 / 72.8355)
=Net Margin %*Asset Turnover
=-4.1 %*1.2799
=-5.24 %

Note: The Net Income data used here is four times the quarterly (Dec. 2010) net income data. The Revenue data used here is four times the quarterly (Dec. 2010) 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.


Glacier Water Services ROA % Related Terms

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Glacier Water Services (Glacier Water Services) Business Description

Traded in Other Exchanges
N/A
Address
Glacier Water Services provides drinking water that is dispensed to consumers through coin-operated, self-service, vending machines. These machines are designed, developed, and assembled by the company and they reduce impurities in the water through a combination of micron filtration, reverse osmosis, carbon adsorption, and ultraviolet sterilization. The company's machines, which are located throughout the United States, are placed primarily at supermarkets and other retail locations.
Executives
Richard A Kayne director, 10 percent owner
Kayne Anderson Capital Advisors Lp 10 percent owner 2121 AVENUE OF THE STARS, 9TH FLOOR, LOS ANGELES CA 90067
Charles A Norris director, 10 percent owner 481 DENSLOW AVE, LOS ANGELES CA 90049
Robert V Sinnott other: Former Director 1800 AVENUE OF THE STARS, 3RD FLOOR, LOS ANGELES CA 90067

Glacier Water Services (Glacier Water Services) Headlines

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