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KDLY (Kindly MD) ROA % : -82.94% (As of Sep. 2024)


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What is Kindly MD ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Kindly MD's annualized Net Income for the quarter that ended in Sep. 2024 was $-4.06 Mil. Kindly MD's average Total Assets over the quarter that ended in Sep. 2024 was $4.89 Mil. Therefore, Kindly MD's annualized ROA % for the quarter that ended in Sep. 2024 was -82.94%.

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

KDLY' s ROA % Range Over the Past 10 Years
Min: -364.3   Med: -158.06   Max: 33.26
Current: -100.73

During the past 3 years, Kindly MD's highest ROA % was 33.26%. The lowest was -364.30%. And the median was -158.06%.

KDLY's ROA % is ranked worse than
93.24% of 680 companies
in the Healthcare Providers & Services industry
Industry Median: 1.32 vs KDLY: -100.73

Kindly MD ROA % Historical Data

The historical data trend for Kindly MD'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.

Kindly MD ROA % Chart

Kindly MD Annual Data
Trend Dec21 Dec22 Dec23
ROA %
33.26 -364.30 -158.06

Kindly MD Quarterly Data
Dec21 Mar22 Jun22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -251.22 -118.29 -118.86 -168.80 -82.94

Competitive Comparison of Kindly MD's ROA %

For the Medical Care Facilities subindustry, Kindly MD'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.


Kindly MD's ROA % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Kindly MD's ROA % distribution charts can be found below:

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



Kindly MD ROA % Calculation

Kindly MD's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=-1.617/( (0.947+1.099)/ 2 )
=-1.617/1.023
=-158.06 %

Kindly MD's annualized ROA % for the quarter that ended in Sep. 2024 is calculated as:

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-4.056/( (5.457+4.324)/ 2 )
=-4.056/4.8905
=-82.94 %

* 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. 2024) net income data. ROA % is displayed in the 30-year financial page.


Kindly MD  (NAS:KDLY) 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. 2024 )
=Net Income/Total Assets
=-4.056/4.8905
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-4.056 / 2.592)*(2.592 / 4.8905)
=Net Margin %*Asset Turnover
=-156.48 %*0.53
=-82.94 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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.


Kindly MD ROA % Related Terms

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Kindly MD Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
5097 South 900 East, Suite 100, Salt Lake, UT, USA, 84117
Kindly MD Inc is a holistically focused pain management clinic and healthcare data company. It offers direct health care to patients integrating prescription medicine and behavioral health services to reduce opioid use in the chronic pain patient population. Its specialty outpatient clinical services are offered on a subscription and fee-for-service basis to augment traditional healthcare. The Company offers evaluation and management, including, but not limited to chronic pain, functional medicine, cognitive behavioral therapy, recovery support services, overdose education efforts, peer support, limited urgent care, preventative medicine, travel services, and hormone therapy.