GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Rushil Decor Ltd (NSE:RUSHIL) » Definitions » ROA %

Rushil Decor (NSE:RUSHIL) ROA % : 3.28% (As of Mar. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Rushil Decor ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Rushil Decor's annualized Net Income for the quarter that ended in Mar. 2024 was ₹360 Mil. Rushil Decor's average Total Assets over the quarter that ended in Mar. 2024 was ₹10,994 Mil. Therefore, Rushil Decor's annualized ROA % for the quarter that ended in Mar. 2024 was 3.28%.

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

NSE:RUSHIL' s ROA % Range Over the Past 10 Years
Min: -0.23   Med: 3.19   Max: 9.19
Current: 4.14

During the past 13 years, Rushil Decor's highest ROA % was 9.19%. The lowest was -0.23%. And the median was 3.19%.

NSE:RUSHIL's ROA % is ranked better than
57.58% of 422 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 3.055 vs NSE:RUSHIL: 4.14

Rushil Decor ROA % Historical Data

The historical data trend for Rushil Decor'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.

Rushil Decor ROA % Chart

Rushil Decor Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.38 1.72 2.69 8.24 4.11

Rushil Decor Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 5.44 4.89 4.11 4.42 3.28

Competitive Comparison of Rushil Decor's ROA %

For the Furnishings, Fixtures & Appliances subindustry, Rushil Decor'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.


Rushil Decor's ROA % Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Rushil Decor's ROA % distribution charts can be found below:

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



Rushil Decor ROA % Calculation

Rushil Decor'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 )
=431.09/( (9976.201+10994.237)/ 2 )
=431.09/10485.219
=4.11 %

Rushil Decor's annualized ROA % for the quarter that ended in Mar. 2024 is calculated as:

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=360.12/( (0+10994.237)/ 1 )
=360.12/10994.237
=3.28 %

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


Rushil Decor  (NSE:RUSHIL) 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
=360.12/10994.237
=(Net Income / Revenue)*(Revenue / Total Assets)
=(360.12 / 9337.012)*(9337.012 / 10994.237)
=Net Margin %*Asset Turnover
=3.86 %*0.8493
=3.28 %

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


Rushil Decor ROA % Related Terms

Thank you for viewing the detailed overview of Rushil Decor's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Rushil Decor (NSE:RUSHIL) Business Description

Traded in Other Exchanges
Address
Off. Sindhu Bhavan Road, Rushil House, Near Neelkanth Green Bungalow, Shilaj, Ahmedabad, GJ, IND, 380058
Rushil Decor Ltd is an Indian company engaged in the manufacturing of wood engineered products. The segments of the company include Decorative Laminated Sheets, Medium Density Fiber Board, Polyvinyl Chloride Boards, and Medium Density Fiber Board - AP Unit. It generates maximum revenue from Decorative Laminated Sheets segment. Geographically, it derives a majority of revenue from India. It offers products such as single-sided or decorative laminate sheet, double-sided or compact laminate sheets, post-forming laminates, metal bond-laminates, digital laminates, color core laminates, and tabletop grade laminates.

Rushil Decor (NSE:RUSHIL) Headlines

No Headlines