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Registered Plan Private Investments (Registered Plan Private Investments) ROA % : -22,121.74% (As of Dec. 2019)


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What is Registered Plan Private Investments ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Registered Plan Private Investments's annualized Net Income for the quarter that ended in Dec. 2019 was $-2.54 Mil. Registered Plan Private Investments's average Total Assets over the quarter that ended in Dec. 2019 was $0.01 Mil. Therefore, Registered Plan Private Investments's annualized ROA % for the quarter that ended in Dec. 2019 was -22,121.74%.

The historical rank and industry rank for Registered Plan Private Investments's ROA % or its related term are showing as below:

LXGTF's ROA % is not ranked *
in the Asset Management industry.
Industry Median: 2.95
* Ranked among companies with meaningful ROA % only.

Registered Plan Private Investments ROA % Historical Data

The historical data trend for Registered Plan Private Investments'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.

Registered Plan Private Investments ROA % Chart

Registered Plan Private Investments Annual Data
Trend Dec16 Dec17 Dec18 Dec19
ROA %
-344.88 -164.21 -290.82 -2,142.22

Registered Plan Private Investments Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 -1,511.11 -1,351.11 -4,266.67 -2,895.24 -22,121.74

Competitive Comparison of Registered Plan Private Investments's ROA %

For the Asset Management subindustry, Registered Plan Private Investments'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.


Registered Plan Private Investments's ROA % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Registered Plan Private Investments's ROA % distribution charts can be found below:

* The bar in red indicates where Registered Plan Private Investments's ROA % falls into.



Registered Plan Private Investments ROA % Calculation

Registered Plan Private Investments's annualized ROA % for the fiscal year that ended in Dec. 2019 is calculated as:

ROA %=Net Income (A: Dec. 2019 )/( (Total Assets (A: Dec. 2018 )+Total Assets (A: Dec. 2019 ))/ count )
=-0.964/( (0.08+0.01)/ 2 )
=-0.964/0.045
=-2,142.22 %

Registered Plan Private Investments's annualized ROA % for the quarter that ended in Dec. 2019 is calculated as:

ROA %=Net Income (Q: Dec. 2019 )/( (Total Assets (Q: Sep. 2019 )+Total Assets (Q: Dec. 2019 ))/ count )
=-2.544/( (0.013+0.01)/ 2 )
=-2.544/0.0115
=-22,121.74 %

* 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. 2019) net income data. ROA % is displayed in the 30-year financial page.


Registered Plan Private Investments  (OTCPK:LXGTF) 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. 2019 )
=Net Income/Total Assets
=-2.544/0.0115
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.544 / 0)*(0 / 0.0115)
=Net Margin %*Asset Turnover
=N/A %*0
=-22,121.74 %

Note: The Net Income data used here is four times the quarterly (Dec. 2019) net income data. The Revenue data used here is four times the quarterly (Dec. 2019) 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.


Registered Plan Private Investments ROA % Related Terms

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Registered Plan Private Investments (Registered Plan Private Investments) Business Description

Traded in Other Exchanges
N/A
Address
1055 West Hastings Street, Suite 1900, Vancouver, BC, CAN, V6E 2E9
Registered Plan Private Investments Inc is a private investment platform company that allows investors to use their Registered Plans (including registered retirement savings plans, registered education savings plans, tax-free savings accounts, registered retirement income funds, and registered disability savings plans) at their direction to invest in private companies by purchasing tracking shares in RPPI, which in turn uses these proceeds to invest in the specific private company chosen by the investor.

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