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Tulsi Extrusions (LUX:166026) ROA % : -16.29% (As of Jun. 2018)


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What is Tulsi Extrusions ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Tulsi Extrusions's annualized Net Income for the quarter that ended in Jun. 2018 was $-4.18 Mil. Tulsi Extrusions's average Total Assets over the quarter that ended in Jun. 2018 was $25.69 Mil. Therefore, Tulsi Extrusions's annualized ROA % for the quarter that ended in Jun. 2018 was -16.29%.

The historical rank and industry rank for Tulsi Extrusions's ROA % or its related term are showing as below:

LUX:166026' s ROA % Range Over the Past 10 Years
Min: -33.4   Med: -2.05   Max: 4.46
Current: -17.79

During the past 11 years, Tulsi Extrusions's highest ROA % was 4.46%. The lowest was -33.40%. And the median was -2.05%.

LUX:166026's ROA % is not ranked
in the Vehicles & Parts industry.
Industry Median: 3.43 vs LUX:166026: -17.79

Tulsi Extrusions ROA % Historical Data

The historical data trend for Tulsi Extrusions'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.

Tulsi Extrusions ROA % Chart

Tulsi Extrusions Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.91 -32.92 -5.92 -4.78 -10.46

Tulsi Extrusions Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -13.97 -7.48 -6.69 -13.64 -16.29

Competitive Comparison of Tulsi Extrusions's ROA %

For the Auto Parts subindustry, Tulsi Extrusions'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.


Tulsi Extrusions's ROA % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tulsi Extrusions's ROA % distribution charts can be found below:

* The bar in red indicates where Tulsi Extrusions's ROA % falls into.



Tulsi Extrusions ROA % Calculation

Tulsi Extrusions's annualized ROA % for the fiscal year that ended in Mar. 2018 is calculated as:

ROA %=Net Income (A: Mar. 2018 )/( (Total Assets (A: Mar. 2017 )+Total Assets (A: Mar. 2018 ))/ count )
=-2.883/( (29.461+25.686)/ 2 )
=-2.883/27.5735
=-10.46 %

Tulsi Extrusions's annualized ROA % for the quarter that ended in Jun. 2018 is calculated as:

ROA %=Net Income (Q: Jun. 2018 )/( (Total Assets (Q: Mar. 2018 )+Total Assets (Q: Jun. 2018 ))/ count )
=-4.184/( (25.686+0)/ 1 )
=-4.184/25.686
=-16.29 %

* 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 (Jun. 2018) net income data. ROA % is displayed in the 30-year financial page.


Tulsi Extrusions  (LUX:166026) 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: Jun. 2018 )
=Net Income/Total Assets
=-4.184/25.686
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-4.184 / 2.74)*(2.74 / 25.686)
=Net Margin %*Asset Turnover
=-152.7 %*0.1067
=-16.29 %

Note: The Net Income data used here is four times the quarterly (Jun. 2018) net income data. The Revenue data used here is four times the quarterly (Jun. 2018) 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.


Tulsi Extrusions ROA % Related Terms

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Tulsi Extrusions (LUX:166026) Business Description

Traded in Other Exchanges
N/A
Address
Plot number N-99, MIDC Area, Jalgaon, MH, IND, 425003
Tulsi Extrusions Ltd is a polymer processing company with products in agribusiness. The company is engaged in manufacturing Polyvinyl chloride pipes for the rural agriculture market. It operates in two segments Poly Vinyl Chloride Pipes and Fittings; and Micro Irrigation Systems. Its products portfolio includes UPVC Pipes, Injection Molding PVC Fittings and Fabricated Fittings, ASTM Pipes, SWR Pipes & Fittings, HDPE Pipe Systems, LLDPE Pipe and Drip irrigation system, CPVC Pipes and Fittings. The company's products are used in various industries including irrigation sector, industrial sector, infrastructure and housing sector.

Tulsi Extrusions (LUX:166026) Headlines

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