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Nxt-Infra Trust (NSE:NXT-INFRA) ROA % : 0.31% (As of Sep. 2024)


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What is Nxt-Infra Trust ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Nxt-Infra Trust's annualized Net Income for the quarter that ended in Sep. 2024 was ₹107.08 Mil. Nxt-Infra Trust's average Total Assets over the quarter that ended in Sep. 2024 was ₹34,871.99 Mil. Therefore, Nxt-Infra Trust's annualized ROA % for the quarter that ended in Sep. 2024 was 0.31%.

The historical rank and industry rank for Nxt-Infra Trust's ROA % or its related term are showing as below:

NSE:NXT-INFRA' s ROA % Range Over the Past 10 Years
Min: 0.14   Med: 1.85   Max: 2.33
Current: 0.14

During the past 3 years, Nxt-Infra Trust's highest ROA % was 2.33%. The lowest was 0.14%. And the median was 1.85%.

NSE:NXT-INFRA's ROA % is ranked worse than
75.43% of 940 companies
in the REITs industry
Industry Median: 2.755 vs NSE:NXT-INFRA: 0.14

Nxt-Infra Trust ROA % Historical Data

The historical data trend for Nxt-Infra Trust'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.

Nxt-Infra Trust ROA % Chart

Nxt-Infra Trust Annual Data
Trend Mar21 Mar22 Mar23
ROA %
0.85 2.33 1.85

Nxt-Infra Trust Semi-Annual Data
Mar21 Mar22 Mar23 Sep24
ROA % - - - 0.31

Competitive Comparison of Nxt-Infra Trust's ROA %

For the REIT - Specialty subindustry, Nxt-Infra Trust'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.


Nxt-Infra Trust's ROA % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Nxt-Infra Trust's ROA % distribution charts can be found below:

* The bar in red indicates where Nxt-Infra Trust's ROA % falls into.


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Nxt-Infra Trust ROA % Calculation

Nxt-Infra Trust's annualized ROA % for the fiscal year that ended in Mar. 2023 is calculated as:

ROA %=Net Income (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=692.311/( (40021.91+34871.992)/ 2 )
=692.311/37446.951
=1.85 %

Nxt-Infra Trust's annualized ROA % for the quarter that ended in Sep. 2024 is calculated as:

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2024 ))/ count )
=107.084/( (34871.992+0)/ 1 )
=107.084/34871.992
=0.31 %

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


Nxt-Infra Trust  (NSE:NXT-INFRA) 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
=107.084/34871.992
=(Net Income / Revenue)*(Revenue / Total Assets)
=(107.084 / 163.896)*(163.896 / 34871.992)
=Net Margin %*Asset Turnover
=65.34 %*0.0047
=0.31 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2024) net income data. The Revenue data used here is two times the semi-annual (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.


Nxt-Infra Trust ROA % Related Terms

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Nxt-Infra Trust Business Description

Traded in Other Exchanges
N/A
Address
Dr. C. G. Road, Office no. 501, Vikas Hub, Vikas Center, Next to Cubic Mall, Chembur East, Wadavali Village, Mumbai, MH, IND, 4000074
Nxt-Infra Trust is an Indian infrastructure investment trust which proposes to invest in road infrastructure assets in India. The Trust proposes to have an initial portfolio of six Project SPVs comprising 14 road stretches spanning an aggregate length of over 2000 lane kilometres, located across Delhi, Haryana, Uttarakhand, Uttar Pradesh and Maharashtra in India. The portfolio is a mix of toll and annuity assets.

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