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Lightstone Value Plus REIT IV (Lightstone Value Plus REIT IV) ROA % : -6.57% (As of Dec. 2023)


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What is Lightstone Value Plus REIT IV ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Lightstone Value Plus REIT IV's annualized Net Income for the quarter that ended in Dec. 2023 was $-9.60 Mil. Lightstone Value Plus REIT IV's average Total Assets over the quarter that ended in Dec. 2023 was $146.02 Mil. Therefore, Lightstone Value Plus REIT IV's annualized ROA % for the quarter that ended in Dec. 2023 was -6.57%.

The historical rank and industry rank for Lightstone Value Plus REIT IV's ROA % or its related term are showing as below:

LTSV' s ROA % Range Over the Past 10 Years
Min: -7.78   Med: -1.67   Max: 5.77
Current: -7.61

During the past 4 years, Lightstone Value Plus REIT IV's highest ROA % was 5.77%. The lowest was -7.78%. And the median was -1.67%.

LTSV's ROA % is not ranked
in the REITs industry.
Industry Median: 2.185 vs LTSV: -7.61

Lightstone Value Plus REIT IV ROA % Historical Data

The historical data trend for Lightstone Value Plus REIT IV'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.

Lightstone Value Plus REIT IV ROA % Chart

Lightstone Value Plus REIT IV Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROA %
5.77 -1.43 -1.90 -7.78

Lightstone Value Plus REIT IV Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.48 -7.95 -8.27 -7.46 -6.57

Competitive Comparison of Lightstone Value Plus REIT IV's ROA %

For the REIT - Diversified subindustry, Lightstone Value Plus REIT IV'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.


Lightstone Value Plus REIT IV's ROA % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Lightstone Value Plus REIT IV's ROA % distribution charts can be found below:

* The bar in red indicates where Lightstone Value Plus REIT IV's ROA % falls into.



Lightstone Value Plus REIT IV ROA % Calculation

Lightstone Value Plus REIT IV'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 )
=-11.04/( (138.273+145.472)/ 2 )
=-11.04/141.8725
=-7.78 %

Lightstone Value Plus REIT IV'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 )
=-9.596/( (146.573+145.472)/ 2 )
=-9.596/146.0225
=-6.57 %

* 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.


Lightstone Value Plus REIT IV  (OTCPK:LTSV) 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
=-9.596/146.0225
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-9.596 / 30.288)*(30.288 / 146.0225)
=Net Margin %*Asset Turnover
=-31.68 %*0.2074
=-6.57 %

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.


Lightstone Value Plus REIT IV ROA % Related Terms

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Lightstone Value Plus REIT IV (Lightstone Value Plus REIT IV) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
1985 Cedar Bridge Avenue, Suite 1, Lakewood, NJ, USA, 08701
Lightstone Value Plus REIT IV Inc operates as a Real Estate Income Trust. It engages in originating, acquiring, and managing a diverse portfolio of real estate or real estate-related investments located in the United States. Its real estate investments include operating properties and development projects and its real estate-related investment may include mezzanine loans, mortgage loans, bridge loans, and preferred equity interests. It has one operating segment that is the company's majority-owned and consolidated the operating results of a joint venture (Williamsburg Moxy Hotel Joint Venture).

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