LGVCW (LAMF Global Ventures I) ROA %: -1.25% (As of Dec. 2023)

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LGVCW LAMF Global Ventures Corp I LGVCW
24 GF Score
Price $0.08
! 2 Warning Signs
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What is LAMF Global Ventures I ROA %?

LAMF Global Ventures I LGVCW 24 ROA % is -1.25% as of Dec. 2023. GuruFocus rates LGVCW with a GF Score™ of 24/100. The stock has 2 warning signs investors should review.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. LAMF Global Ventures I's annualized Net Income for the quarter that ended in Dec. 2023 was $-0.40 Mil. LAMF Global Ventures I's average Total Assets over the quarter that ended in Dec. 2023 was $32.11 Mil. Therefore, LAMF Global Ventures I's annualized ROA % for the quarter that ended in Dec. 2023 was -1.25%.

The historical rank and industry rank for LAMF Global Ventures I's ROA % or its related term are showing as below:

LGVCW' s ROA % Range Over the Past 10 Years
Min: -2.76   Med: -0.75   Max: 0.85
Current: -2.76

During the past 3 years, LAMF Global Ventures I's highest ROA % was 0.85%. The lowest was -2.76%. And the median was -0.75%.

LGVCW's ROA % is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.96 vs LGVCW: -2.76

LAMF Global Ventures I  (NAS:LGVCW) 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. 2023 )
=Net Income/Total Assets
=-0.4/32.114
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.4 / 0)*(0 / 32.114)
=Net Margin %*Asset Turnover
=N/A %*0
=-1.25 %

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


LAMF Global Ventures I ROA % Related Terms


LAMF Global Ventures I ROA % Historical Data

* Premium members only.

The historical data trend for LAMF Global Ventures I'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.

LAMF Global Ventures I ROA % Chart

LAMF Global Ventures I Annual Data
Trend Dec21 Dec22 Dec23
ROA %
0.00 0.85 -2.34

LAMF Global Ventures I Quarterly Data
Aug21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.63 3.29 -2.48 -56.00 -1.25

LGVCW vs IRRX, CSTA, FDOC: ROA % Comparison

For the Shell Companies subindustry, LAMF Global Ventures I'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.


LAMF Global Ventures I ROA % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, LAMF Global Ventures I's ROA % distribution charts can be found below:

* The bar in red indicates where LAMF Global Ventures I's ROA % falls into.


LGVCW
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LAMF Global Ventures Corp I LGVCW
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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LAMF Global Ventures I ROA % Calculation

LAMF Global Ventures I'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 )
=-3.489/( (265.456+32.35)/ 2 )
=-3.489/148.903
=-2.34 %

LAMF Global Ventures I's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-0.4/( (31.878+32.35)/ 2 )
=-0.4/32.114
=-1.25 %

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

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -1.25% mean?
LAMF Global Ventures I (LGVCW) has a ROA % of -1.25% as of Dec. 2023. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on LAMF Global Ventures I and its competitors.
Is LAMF Global Ventures I's ROA % too high?
LAMF Global Ventures I's current ROA % is -1.25%. Overall, LAMF Global Ventures I has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does LAMF Global Ventures I's ROA % compare to IRRX and CSTA?
LAMF Global Ventures I's ROA % of -1.25% can be compared against companies in the Diversified Financial Services industry. The industry median ROA % is 0.96. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Diversified Financial Services company?
The median ROA % among Diversified Financial Services companies is 0.96, based on 527 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on LAMF Global Ventures I and its competitors. For the Diversified Financial Services industry, the median ROA % is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LAMF Global Ventures I's current ROA % is -1.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LAMF Global Ventures I stock overvalued right now?
LAMF Global Ventures I (LGVCW) has a current ROA % of -1.25%. The current ROA % is -1.25%. LAMF Global Ventures I's overall GF Score™ is 24/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For LAMF Global Ventures I (LGVCW), the current ROA % is -1.25% as of Dec. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

LAMF Global Ventures I Business Description

Address 9255 Sunset Blvd, Suite 1100, West Hollywood, CA, USA, 90069
LAMF Global Ventures Corp I is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
24GF Score

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ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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