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MCFT (MasterCraft Boat Holdings) ROA % : -6.56% (As of Sep. 2024)


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What is MasterCraft Boat Holdings ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. MasterCraft Boat Holdings's annualized Net Income for the quarter that ended in Sep. 2024 was $-20.6 Mil. MasterCraft Boat Holdings's average Total Assets over the quarter that ended in Sep. 2024 was $313.6 Mil. Therefore, MasterCraft Boat Holdings's annualized ROA % for the quarter that ended in Sep. 2024 was -6.56%.

The historical rank and industry rank for MasterCraft Boat Holdings's ROA % or its related term are showing as below:

MCFT' s ROA % Range Over the Past 10 Years
Min: -10.53   Med: 16.08   Max: 30.47
Current: -1.08

During the past 12 years, MasterCraft Boat Holdings's highest ROA % was 30.47%. The lowest was -10.53%. And the median was 16.08%.

MCFT's ROA % is ranked worse than
78.63% of 1315 companies
in the Vehicles & Parts industry
Industry Median: 2.98 vs MCFT: -1.08

MasterCraft Boat Holdings ROA % Historical Data

The historical data trend for MasterCraft Boat Holdings'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.

MasterCraft Boat Holdings ROA % Chart

MasterCraft Boat Holdings Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.53 23.19 20.30 21.18 2.32

MasterCraft Boat Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 7.20 7.07 4.47 -9.76 -6.56

Competitive Comparison of MasterCraft Boat Holdings's ROA %

For the Recreational Vehicles subindustry, MasterCraft Boat Holdings'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.


MasterCraft Boat Holdings's ROA % Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where MasterCraft Boat Holdings's ROA % falls into.



MasterCraft Boat Holdings ROA % Calculation

MasterCraft Boat Holdings's annualized ROA % for the fiscal year that ended in Jun. 2024 is calculated as:

ROA %=Net Income (A: Jun. 2024 )/( (Total Assets (A: Jun. 2023 )+Total Assets (A: Jun. 2024 ))/ count )
=7.8/( (353.976+317.984)/ 2 )
=7.8/335.98
=2.32 %

MasterCraft Boat Holdings's annualized ROA % for the quarter that ended in Sep. 2024 is calculated as:

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=-20.58/( (317.984+309.147)/ 2 )
=-20.58/313.5655
=-6.56 %

* 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 (Sep. 2024) net income data. ROA % is displayed in the 30-year financial page.


MasterCraft Boat Holdings  (NAS:MCFT) 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: Sep. 2024 )
=Net Income/Total Assets
=-20.58/313.5655
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-20.58 / 261.436)*(261.436 / 313.5655)
=Net Margin %*Asset Turnover
=-7.87 %*0.8338
=-6.56 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


MasterCraft Boat Holdings ROA % Related Terms

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MasterCraft Boat Holdings Business Description

Traded in Other Exchanges
N/A
Address
100 Cherokee Cove Drive, Vonore, TN, USA, 37885
MasterCraft Boat Holdings Inc designs, manufactures, and markets performance sport boats and outboard boats. The company is based in the United States and operates in three brand-specific segments. The MasterCraft segment generates the majority of the company's revenue and includes inboard boats for water skiing, wakeboarding, and wake surfing. The Pontoon segment produces pontoon boats at its Owosso, Michigan facility. Pontoon boats are used for general recreational boating. The Aviara segment produces luxury day boats at its Merritt Island, Florida facility. Aviara boats are used for general recreational boating.
Executives
Coliseum Capital Management, Llc 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Donald C Campion director 3747 LOCH BEND DR., COMMERCE MI 48382
Kamilah Mitchell-thomas director C/O MASTERCRAFT BOAT HOLDINGS, INC., 100 CHEROKEE COVE DRIVE, VONORE TN 37885
Coliseum Capital Partners, L.p. 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Adam Gray 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Coliseum Capital, Llc 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Christopher S Shackelton 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Stephan Cloutier officer: President, Aviara C/O MASTERCRAFT BOAT HOLDINGS, INC., 100 CHEROKEE COVE DRIVE, VONORE TN 37885
Jennifer Deason director 1040 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10018
Peter G Leemputte director CHICAGO TITLE CORP, 171 N CLARK ST, CHICAGO IL 80601
Roch Lambert director 100 CHEROKEE COVE DRIVE, VONORE TN 37855
George Steinbarger officer: Chief Revenue Officer 100 CHEROKEE COVE DRIVE, VONORE TN 37885
Timothy M. Oxley officer: Chief Financial Officer C/O MCBC HOLDINGS, INC., 100 CHEROKEE COVE DRIVE, VONORE TN 37855
Scott Womack officer: President, NauticStar 100 CHEROKEE COVE DRIVE, VONORE TN 37885
Jay S. Povlin officer: President, NauticStar C/O MCBC HOLDINGS, INC., 100 CHEROKEE COVE DRIVE, VONORE TN 37855