LITTW (Logistics Innovation Technologies) ROA %: 1.47% (As of Mar. 2023) — 70% Below Median

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LITTW Logistics Innovation Technologies Corp LITTW
20 GF Score
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What is Logistics Innovation Technologies ROA %?

Logistics Innovation Technologies LITTW 20 ROA % is 1.47% as of Mar. 2023, which is 70% below its 10-year median of 4.82. GuruFocus rates LITTW with a GF Score™ of 20/100.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Logistics Innovation Technologies's annualized Net Income for the quarter that ended in Mar. 2023 was $5.11 Mil. Logistics Innovation Technologies's average Total Assets over the quarter that ended in Mar. 2023 was $347.20 Mil. Therefore, Logistics Innovation Technologies's annualized ROA % for the quarter that ended in Mar. 2023 was 1.47%.

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

LITTW' s ROA % Range Over the Past 10 Years
Min: 2.77   Med: 4.82   Max: 4.82
Current: 2.77

During the past 2 years, Logistics Innovation Technologies's highest ROA % was 4.82%. The lowest was 2.77%. And the median was 4.82%.

LITTW's ROA % is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.95 vs LITTW: 2.77

Logistics Innovation Technologies  (NAS:LITTW) 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: Mar. 2023 )
=Net Income/Total Assets
=5.108/347.1955
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5.108 / 0)*(0 / 347.1955)
=Net Margin %*Asset Turnover
=N/A %*0
=1.47 %

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


Logistics Innovation Technologies ROA % Related Terms


Logistics Innovation Technologies ROA % Historical Data

* Premium members only.

The historical data trend for Logistics Innovation Technologies'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.

Logistics Innovation Technologies ROA % Chart

Logistics Innovation Technologies Annual Data
Trend Dec21 Dec22
ROA %
0.00 4.82

Logistics Innovation Technologies Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
ROA % Get a 7-Day Free Trial Premium Member Only 9.72 4.05 2.26 3.33 1.47

LITTW vs CFVI, TWND, SUAC: ROA % Comparison

For the Shell Companies subindustry, Logistics Innovation Technologies'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.


Logistics Innovation Technologies ROA % vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Logistics Innovation Technologies's ROA % distribution charts can be found below:

* The bar in red indicates where Logistics Innovation Technologies's ROA % falls into.


LITTW
20GF Score
Logistics Innovation Technologies Corp LITTW
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Logistics Innovation Technologies ROA % Calculation

Logistics Innovation Technologies'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 )
=16.588/( (342.521+345.499)/ 2 )
=16.588/344.01
=4.82 %

Logistics Innovation Technologies's annualized ROA % for the quarter that ended in Mar. 2023 is calculated as:

ROA %=Net Income (Q: Mar. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=5.108/( (345.499+348.892)/ 2 )
=5.108/347.1955
=1.47 %

* 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 (Mar. 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 1.47% mean?
Logistics Innovation Technologies (LITTW) has a ROA % of 1.47% as of Mar. 2023. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Logistics Innovation Technologies and its competitors. This is 70% below median its historical median of 4.82. Over the past decade, Logistics Innovation Technologies' ROA % has ranged from 2.77 to 4.82.
Is Logistics Innovation Technologies' ROA % too high?
Logistics Innovation Technologies' current ROA % of 1.47% is 70% below median its 10-year median of 4.82. Over the past 10 years, this metric has ranged from a low of 2.77 to a high of 4.82. The Diversified Financial Services industry median ROA % is 0.95. Logistics Innovation Technologies' value of 1.47% is 54.7% above this industry median. Overall, Logistics Innovation Technologies has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Logistics Innovation Technologies' ROA % compare to CFVI and TWND?
Logistics Innovation Technologies' ROA % of 1.47% can be compared against companies in the Diversified Financial Services industry. The industry median ROA % is 0.95. Logistics Innovation Technologies' value of 1.47% is 54.7% above this benchmark. Historically, Logistics Innovation Technologies' own ROA % has ranged from 2.77 to 4.82 over the past decade. While the company's 10-year median is 4.82 vs. the industry median of 0.95, Logistics Innovation Technologies has consistently been above the industry average. 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 0.95, based on 529 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. Logistics Innovation Technologies's current ROA % of 1.47% is 54.7% above the industry median. 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 Logistics Innovation Technologies and its competitors. For the Diversified Financial Services industry, the median ROA % is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Logistics Innovation Technologies's current ROA % is 1.47%, which is 70% below median its own 10-year median of 4.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Logistics Innovation Technologies stock overvalued right now?
Logistics Innovation Technologies (LITTW) has a current ROA % of 1.47%. The current ROA % is 1.47%, which is 70% below median its 10-year median of 4.82 and 54.7% above the Diversified Financial Services industry median of 0.95. Logistics Innovation Technologies' overall GF Score™ is 20/100. 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 Logistics Innovation Technologies (LITTW), the current ROA % is 1.47% as of Mar. 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.

Logistics Innovation Technologies Business Description

Address 3495 Piedmont Road North East, Boulevard 11, Suite 710, One Piedmont Center, Atlanta, GA, USA, 30305
Logistics Innovation Technologies Corp is a blank check company.
20GF Score

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