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Inscape (Inscape) ROA % : -68.47% (As of Oct. 2022)


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What is Inscape ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Inscape's annualized Net Income for the quarter that ended in Oct. 2022 was $-23.02 Mil. Inscape's average Total Assets over the quarter that ended in Oct. 2022 was $33.61 Mil. Therefore, Inscape's annualized ROA % for the quarter that ended in Oct. 2022 was -68.47%.

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

ICPBQ's ROA % is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 3.055
* Ranked among companies with meaningful ROA % only.

Inscape ROA % Historical Data

The historical data trend for Inscape'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.

Inscape ROA % Chart

Inscape Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.72 -20.25 -13.63 -2.36 -1.71

Inscape Quarterly Data
Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22
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 -26.03 40.61 2.41 -47.60 -68.47

Competitive Comparison of Inscape's ROA %

For the Furnishings, Fixtures & Appliances subindustry, Inscape'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.


Inscape's ROA % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Inscape's ROA % distribution charts can be found below:

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



Inscape ROA % Calculation

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

ROA %=Net Income (A: Apr. 2022 )/( (Total Assets (A: Apr. 2021 )+Total Assets (A: Apr. 2022 ))/ count )
=-0.664/( (33.594+44.053)/ 2 )
=-0.664/38.8235
=-1.71 %

Inscape's annualized ROA % for the quarter that ended in Oct. 2022 is calculated as:

ROA %=Net Income (Q: Oct. 2022 )/( (Total Assets (Q: Jul. 2022 )+Total Assets (Q: Oct. 2022 ))/ count )
=-23.016/( (36.337+30.89)/ 2 )
=-23.016/33.6135
=-68.47 %

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


Inscape  (GREY:ICPBQ) 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: Oct. 2022 )
=Net Income/Total Assets
=-23.016/33.6135
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-23.016 / 24.26)*(24.26 / 33.6135)
=Net Margin %*Asset Turnover
=-94.87 %*0.7217
=-68.47 %

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


Inscape ROA % Related Terms

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Inscape (Inscape) Business Description

Traded in Other Exchanges
N/A
Address
67 Toll Road, Holland Landing, ON, CAN, L9N 1H2
Inscape Corp is an office furniture manufacturer. Its operating segment includes Furniture and Walls. The furniture segment includes storage, benching, systems, and seating solutions. The Walls segment includes architectural and movable walls. It generates maximum revenue from the Furniture segment. Geographically, it derives a majority of revenue from the United States and also has a presence in Canada. It provides services to small and large organizations.

Inscape (Inscape) Headlines

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