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hopTo (HPTO) ROA % : 12.10% (As of Sep. 2023)


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What is hopTo ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. hopTo's annualized Net Income for the quarter that ended in Sep. 2023 was $0.76 Mil. hopTo's average Total Assets over the quarter that ended in Sep. 2023 was $6.28 Mil. Therefore, hopTo's annualized ROA % for the quarter that ended in Sep. 2023 was 12.10%.

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

HPTO' s ROA % Range Over the Past 10 Years
Min: -116.92   Med: -0.07   Max: 42.97
Current: 3.73

During the past 13 years, hopTo's highest ROA % was 42.97%. The lowest was -116.92%. And the median was -0.07%.

HPTO's ROA % is ranked better than
61.24% of 2820 companies
in the Software industry
Industry Median: 1.075 vs HPTO: 3.73

hopTo ROA % Historical Data

The historical data trend for hopTo'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.

hopTo ROA % Chart

hopTo Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.21 35.85 20.57 19.72 2.07

hopTo Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -9.50 9.37 2.26 -8.53 12.10

Competitive Comparison of hopTo's ROA %

For the Software - Application subindustry, hopTo'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.


hopTo's ROA % Distribution in the Software Industry

For the Software industry and Technology sector, hopTo's ROA % distribution charts can be found below:

* The bar in red indicates where hopTo's ROA % falls into.



hopTo ROA % Calculation

hopTo's annualized ROA % for the fiscal year that ended in Dec. 2022 is calculated as:

ROA %=Net Income (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=0.123/( (5.81+6.05)/ 2 )
=0.123/5.93
=2.07 %

hopTo's annualized ROA % for the quarter that ended in Sep. 2023 is calculated as:

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=0.76/( (6.315+6.248)/ 2 )
=0.76/6.2815
=12.10 %

* 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 (Sep. 2023) net income data. ROA % is displayed in the 30-year financial page.


hopTo  (OTCPK:HPTO) 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. 2023 )
=Net Income/Total Assets
=0.76/6.2815
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.76 / 4.28)*(4.28 / 6.2815)
=Net Margin %*Asset Turnover
=17.76 %*0.6814
=12.10 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) 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.


hopTo ROA % Related Terms

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


hopTo (HPTO) Business Description

Traded in Other Exchanges
N/A
Address
189 North Main Street, Suite 102, Concord, NH, USA, 03301
hopTo Inc is a developer of application software that includes application virtualization and cloud computing software for multiple computer operating systems. The company's products are sold under the brand name GO-Global, which is sold to small to medium-sized companies, departments within large corporations, governmental and educational institutions, independent software vendors (ISVs), and value-added resellers (VARs). Its GO-Global includes different product families that GO-Global for Windows, UNIX, and Client. Its geographical segments are the United States, Brazil, Japan, and Other countries.
Executives
Jonathon R Skeels director 620 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Richard Chernicoff director C/O TESSERA TECHNOLOGIES, INC., 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Thomas C Stewart director 6 LOUDON STREET, SUITE 200, CONCORD NH 03301
Jean-louis Casabonne officer: CFO 1919 S. BASCOM AVENUE, SUITE 600, CAMPBELL CA 95008
Awm Investment Company, Inc. 10 percent owner 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Michael A Brochu director 16548 SE 59TH PL, BELLEVUE WA 98006
John Cronin director GRAPHON CORPORATION, 5400 SOQUEL AVENUE, SUITE A2, SANTA CRUZ CA 95062
Sam M Auriemma director
Eldad Eilam officer: Chief Technology Officer C/O GRAPHON CORPORATION, 5400 SOQUEL AVENUE, SUITE A2, SANTA CRUZ CA 95062
Jeremy Verba director C/O HOPTO INC., 1919 S BASCOM AVE., SUITE 600, CAMPBELL CA 95008
Ashfaq A Munshi director 2 MACARTHUR PLACE, SANTA ANA CA 92707
Robert Dixon officer: Interim CFO and Secretary C/O GRAPHON CORPORATION, 1901 S. BASCOM AVE., STE. 660, CAMPBELL CA 95008
Christoph Berlin officer: Chief Operating Officer 1901 S. BASCOM AVENUE, SUITE 660, CAMPBELL CA 95008
Steven A Ledger director 24 TAMALPAIS AVE, MILL VALLEY CA 94941
Howard S Jonas 10 percent owner

hopTo (HPTO) Headlines

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