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Strategic Asset Leasing (Strategic Asset Leasing) ROA % : -24.39% (As of Dec. 2092)


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What is Strategic Asset Leasing ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Strategic Asset Leasing's annualized Net Income for the quarter that ended in Dec. 2092 was $-2.00 Mil. Strategic Asset Leasing's average Total Assets over the quarter that ended in Dec. 2092 was $8.20 Mil. Therefore, Strategic Asset Leasing's annualized ROA % for the quarter that ended in Dec. 2092 was -24.39%.

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

LEAS's ROA % is not ranked *
in the Business Services industry.
Industry Median: 3.46
* Ranked among companies with meaningful ROA % only.

Strategic Asset Leasing ROA % Historical Data

The historical data trend for Strategic Asset Leasing'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.

Strategic Asset Leasing ROA % Chart

Strategic Asset Leasing Annual Data
Trend Dec89 Dec90 Dec91 Dec92
ROA %
-24.24 -24.73 -11.63 -20.36

Strategic Asset Leasing Quarterly Data
Mar89 Jun89 Sep89 Dec89 Mar90 Jun90 Sep90 Dec90 Mar91 Jun91 Sep91 Dec91 Mar92 Jun92 Sep92 Dec92
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 -14.12 -18.82 - - -24.39

Competitive Comparison of Strategic Asset Leasing's ROA %

For the Rental & Leasing Services subindustry, Strategic Asset Leasing'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.


Strategic Asset Leasing's ROA % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Strategic Asset Leasing's ROA % distribution charts can be found below:

* The bar in red indicates where Strategic Asset Leasing's ROA % falls into.



Strategic Asset Leasing ROA % Calculation

Strategic Asset Leasing's annualized ROA % for the fiscal year that ended in Dec. 2092 is calculated as:

ROA %=Net Income (A: Dec. 2092 )/( (Total Assets (A: Dec. 2091 )+Total Assets (A: Dec. 2092 ))/ count )
=-1.7/( (8.5+8.2)/ 2 )
=-1.7/8.35
=-20.36 %

Strategic Asset Leasing's annualized ROA % for the quarter that ended in Dec. 2092 is calculated as:

ROA %=Net Income (Q: Dec. 2092 )/( (Total Assets (Q: Sep. 2092 )+Total Assets (Q: Dec. 2092 ))/ count )
=-2/( (0+8.2)/ 1 )
=-2/8.2
=-24.39 %

* 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. 2092) net income data. ROA % is displayed in the 30-year financial page.


Strategic Asset Leasing  (OTCPK:LEAS) 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. 2092 )
=Net Income/Total Assets
=-2/8.2
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2 / 0)*(0 / 8.2)
=Net Margin %*Asset Turnover
=N/A %*0
=-24.39 %

Note: The Net Income data used here is four times the quarterly (Dec. 2092) net income data. The Revenue data used here is four times the quarterly (Dec. 2092) 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.


Strategic Asset Leasing ROA % Related Terms

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Strategic Asset Leasing (Strategic Asset Leasing) Business Description

Traded in Other Exchanges
N/A
Address
13576 Walnut Street, Suite A, Omaha, NE, USA, 68144
Strategic Asset Leasing Inc is a United States-based development stage company. It is principally focused on the business activities to engage in the leasing and rental of general and miscellaneous business equipment.

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