ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Former BL Stores's annualizedNet Income for the quarter that ended in Jul. 2024 was $-954 Mil.
Former BL Stores's average Total Assets over the quarter that ended in Jul. 2024 was $3,048 Mil. Therefore, Former BL Stores's annualized ROA % for the quarter that ended in Jul. 2024 was -31.29%.
The historical rank and industry rank for Former BL Stores's ROA % or its related term are showing as below:
LTS:0HN5's ROA % is not ranked *
in the Retail - Defensive industry.
Industry Median: 3.615 * Ranked among companies with meaningful ROA % only.
Former BL Stores (LTS:0HN5) 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 banks 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:
Note:
The Net Income data used here is four times the quarterly (Jul. 2024) net income data. The Revenue data used here is four times the quarterly (Jul. 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.
Former BL Stores ROA % Related Terms
Former BL Stores ROA % Historical Data
* Premium members only.
The historical data trend for Former BL Stores'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.
For the Discount Stores subindustry, Former BL Stores'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.
Former BL Stores ROA % vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Former BL Stores's ROA % distribution charts can be found below:
* The bar in red indicates where Former BL Stores's ROA % falls into.
* 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 (Jul. 2024) net income data.
ROA % is displayed in the 30-year financial page.
Former BL Stores (LTS:0HN5) has a ROA % of -31.29% as of Jul. 2024. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Former BL Stores and its competitors.
Is Former BL Stores' ROA % too high?
Former BL Stores' current ROA % is -31.29%. Overall, Former BL Stores has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Former BL Stores' ROA % compare to WMT and COST?
Former BL Stores' ROA % of -31.29% can be compared against companies in the Retail - Defensive industry. The industry median ROA % is 3.62. 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 Retail - Defensive company?
The median ROA % among Retail - Defensive companies is 3.62, based on 310 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 Former BL Stores and its competitors. For the Retail - Defensive industry, the median ROA % is 3.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Former BL Stores's current ROA % is -31.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Former BL Stores stock overvalued right now?
Former BL Stores (LTS:0HN5) has a current ROA % of -31.29%. The current ROA % is -31.29%. Former BL Stores' overall GF Score™ is 12/100. 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 Former BL Stores (LTS:0HN5), the current ROA % is -31.29% as of Jul. 2024. 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.
Former BL Stores Inc, formerly Big Lots Inc is principally engaged in operating discount retail stores. The company provides a broad range of merchandise, including food, consumables, soft home products, hard home products, furniture, electronics and accessories, and seasonal products. The company sources the merchandise from traditional and close-out channels. In addition to merchandise, the company sells gift cards, issues merchandise credits, and more. The company operates stores throughout the United States, with around one-third of its stores in California, Texas, Ohio, and Florida.
12GF Score
Get the complete analysis for LTS:0HN5
ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LTS:0HN5 has been successfully added to your 
