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Arvind Port & Infra (NSE:ARVINDPORT) ROA % : 13.39% (As of Mar. 2024)


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What is Arvind Port & Infra ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Arvind Port & Infra's annualized Net Income for the quarter that ended in Mar. 2024 was ₹52.7 Mil. Arvind Port & Infra's average Total Assets over the quarter that ended in Mar. 2024 was ₹393.3 Mil. Therefore, Arvind Port & Infra's annualized ROA % for the quarter that ended in Mar. 2024 was 13.39%.

The historical rank and industry rank for Arvind Port & Infra's ROA % or its related term are showing as below:

NSE:ARVINDPORT' s ROA % Range Over the Past 10 Years
Min: 4.11   Med: 10.81   Max: 14.26
Current: 13.39

During the past 4 years, Arvind Port & Infra's highest ROA % was 14.26%. The lowest was 4.11%. And the median was 10.81%.

NSE:ARVINDPORT's ROA % is ranked better than
91.56% of 971 companies
in the Transportation industry
Industry Median: 3.79 vs NSE:ARVINDPORT: 13.39

Arvind Port & Infra ROA % Historical Data

The historical data trend for Arvind Port & Infra'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.

Arvind Port & Infra ROA % Chart

Arvind Port & Infra Annual Data
Trend Mar21 Mar22 Mar23 Mar24
ROA %
4.11 8.22 14.26 13.39

Arvind Port & Infra Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
ROA % 4.11 8.22 14.26 13.39

Competitive Comparison of Arvind Port & Infra's ROA %

For the Marine Shipping subindustry, Arvind Port & Infra'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.


Arvind Port & Infra's ROA % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Arvind Port & Infra's ROA % distribution charts can be found below:

* The bar in red indicates where Arvind Port & Infra's ROA % falls into.



Arvind Port & Infra ROA % Calculation

Arvind Port & Infra's annualized ROA % for the fiscal year that ended in Mar. 2024 is calculated as:

ROA %=Net Income (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=52.656/( (338.71+447.88)/ 2 )
=52.656/393.295
=13.39 %

Arvind Port & Infra's annualized ROA % for the quarter that ended in Mar. 2024 is calculated as:

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=52.656/( (338.71+447.88)/ 2 )
=52.656/393.295
=13.39 %

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


Arvind Port & Infra  (NSE:ARVINDPORT) 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: Mar. 2024 )
=Net Income/Total Assets
=52.656/393.295
=(Net Income / Revenue)*(Revenue / Total Assets)
=(52.656 / 141.512)*(141.512 / 393.295)
=Net Margin %*Asset Turnover
=37.21 %*0.3598
=13.39 %

Note: The Net Income data used here is one times the annual (Mar. 2024) net income data. The Revenue data used here is one times the annual (Mar. 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.


Arvind Port & Infra ROA % Related Terms

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Arvind Port & Infra Business Description

Traded in Other Exchanges
N/A
Address
City point 701 to 702, Fifth Floor, Near Town Hall, Jamnagar, GJ, IND, 361001
Arvind Port & Infra Ltd Formerly Arvind and Co Shipping Agencies Ltd provides various shipping-related services. It is mainly engaged in the hiring of ships, barges, launches, boats, docks, propelled vehicles, water- vessels, and transport machines. It also provides hotel services and services of renting immovable properties. The company operates in two segments, Hiring of Barges which generates a majority of its revenue, and Hotel Operation and Renting of Immovable Properties.

Arvind Port & Infra Headlines

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