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BUA Cement (NSA:BUACEMENT) ROA % : 0.00% (As of . 20)


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What is BUA Cement ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. BUA Cement's annualized Net Income for the quarter that ended in . 20 was ₦ Mil. BUA Cement's average Total Assets over the quarter that ended in . 20 was ₦ 0 Mil. Therefore, BUA Cement's annualized ROA % for the quarter that ended in . 20 was Not Available.

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

NSA:BUACEMENT's ROA % is not ranked *
in the Building Materials industry.
Industry Median: 3.135
* Ranked among companies with meaningful ROA % only.

BUA Cement ROA % Historical Data

The historical data trend for BUA Cement'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.

BUA Cement ROA % Chart

BUA Cement Annual Data
Trend
ROA %

BUA Cement Semi-Annual Data
ROA %

Competitive Comparison of BUA Cement's ROA %

For the Building Materials subindustry, BUA Cement'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.


BUA Cement's ROA % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, BUA Cement's ROA % distribution charts can be found below:

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



BUA Cement ROA % Calculation

BUA Cement's annualized ROA % for the fiscal year that ended in . 20 is calculated as:

ROA %=Net Income (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
= %

BUA Cement's annualized ROA % for the quarter that ended in . 20 is calculated as:

ROA %=Net Income (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) net income data. ROA % is displayed in the 30-year financial page.


BUA Cement  (NSA:BUACEMENT) 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:

Note: The Net Income data used here is one times the annual (. 20) net income data. The Revenue data used here is one times the annual (. 20) 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.


BUA Cement ROA % Related Terms

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BUA Cement (NSA:BUACEMENT) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
32 Churchgate Street, Victoria Island, lagos, NGA
BUA Cement PLC owns and operates a floating cement terminal. It is designed for bulk and bag unloading.

BUA Cement (NSA:BUACEMENT) Headlines

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