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NDATF (NDatalyze) ROA % : -95.18% (As of Aug. 2024)


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What is NDatalyze ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. NDatalyze's annualized Net Income for the quarter that ended in Aug. 2024 was $-0.59 Mil. NDatalyze's average Total Assets over the quarter that ended in Aug. 2024 was $0.62 Mil. Therefore, NDatalyze's annualized ROA % for the quarter that ended in Aug. 2024 was -95.18%.

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

NDATF' s ROA % Range Over the Past 10 Years
Min: -111.4   Med: -90.58   Max: -7.85
Current: -111.4

During the past 6 years, NDatalyze's highest ROA % was -7.85%. The lowest was -111.40%. And the median was -90.58%.

NDATF's ROA % is ranked worse than
93.84% of 682 companies
in the Healthcare Providers & Services industry
Industry Median: 1.285 vs NDATF: -111.40

NDatalyze ROA % Historical Data

The historical data trend for NDatalyze'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.

NDatalyze ROA % Chart

NDatalyze Annual Data
Trend Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
ROA %
Get a 7-Day Free Trial -7.88 -92.22 -90.76 -92.20 -49.73

NDatalyze Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 84.75 -78.30 -165.66 -87.57 -95.18

Competitive Comparison of NDatalyze's ROA %

For the Health Information Services subindustry, NDatalyze'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.


NDatalyze's ROA % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, NDatalyze's ROA % distribution charts can be found below:

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



NDatalyze ROA % Calculation

NDatalyze's annualized ROA % for the fiscal year that ended in Feb. 2024 is calculated as:

ROA %=Net Income (A: Feb. 2024 )/( (Total Assets (A: Feb. 2023 )+Total Assets (A: Feb. 2024 ))/ count )
=-0.321/( (0.641+0.65)/ 2 )
=-0.321/0.6455
=-49.73 %

NDatalyze's annualized ROA % for the quarter that ended in Aug. 2024 is calculated as:

ROA %=Net Income (Q: Aug. 2024 )/( (Total Assets (Q: May. 2024 )+Total Assets (Q: Aug. 2024 ))/ count )
=-0.592/( (0.693+0.551)/ 2 )
=-0.592/0.622
=-95.18 %

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


NDatalyze  (OTCPK:NDATF) 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: Aug. 2024 )
=Net Income/Total Assets
=-0.592/0.622
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.592 / 0.004)*(0.004 / 0.622)
=Net Margin %*Asset Turnover
=-14800 %*0.0064
=-95.18 %

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


NDatalyze ROA % Related Terms

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NDatalyze Business Description

Traded in Other Exchanges
Address
707 - 7th Avenue SW, Suite 1150, Calgary, AB, CAN, T2P 3H6
NDatalyze Corp develops technologically-based, specialized products, databases, and applications. The YMI division is developing a data-driven consumer mHealth application designed to predict current and future health conditions to lessen the cost of health services and decrease the load on health care services. The MLdelic division is providing a database platform that may be used to predict potential benefits associated with the use of entheogenic compounds within the mental health sector. The Medxtractor division manufactures small-scale bio-extractors that are used to extract essential oils from botanical materials.

NDatalyze Headlines

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