NuVim (NUVM) ROA %: -133.33% (As of Jun. 2022)

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What is NuVim ROA %?

NuVim NUVM ROA % is -133.33% as of Jun. 2022.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. NuVim's annualized Net Income for the quarter that ended in Jun. 2022 was $-0.02 Mil. NuVim's average Total Assets over the quarter that ended in Jun. 2022 was $0.02 Mil. Therefore, NuVim's annualized ROA % for the quarter that ended in Jun. 2022 was -133.33%.

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

NUVM's ROA % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 3.345
* Ranked among companies with meaningful ROA % only.

NuVim  (OTCPK:NUVM) 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: Jun. 2022 )
=Net Income/Total Assets
=-0.02/0.015
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.02 / 0)*(0 / 0.015)
=Net Margin %*Asset Turnover
=N/A %*0
=-133.33 %

Note: The Net Income data used here is two times the semi-annual (Jun. 2022) net income data. The Revenue data used here is two times the semi-annual (Jun. 2022) 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.


NuVim ROA % Related Terms


NuVim ROA % Historical Data

* Premium members only.

The historical data trend for NuVim'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.

NuVim ROA % Chart

NuVim Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07
ROA %
-592.33 -326.49 -274.57 -246.57 -293.32

NuVim Semi-Annual Data
Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Jun21 Jun22
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -309.53 -201.23 -310.45 -7.82 -133.33

NUVM vs MTTCF, PLBLF, KHC: ROA % Comparison

For the Packaged Foods subindustry, NuVim'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.


NuVim ROA % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, NuVim's ROA % distribution charts can be found below:

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



NuVim ROA % Calculation

NuVim's annualized ROA % for the fiscal year that ended in Dec. 2007 is calculated as:

ROA %=Net Income (A: Dec. 2007 )/( (Total Assets (A: Dec. 2006 )+Total Assets (A: Dec. 2007 ))/ count )
=-1.449/( (0.625+0.363)/ 2 )
=-1.449/0.494
=-293.32 %

NuVim's annualized ROA % for the quarter that ended in Jun. 2022 is calculated as:

ROA %=Net Income (Q: Jun. 2022 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Jun. 2022 ))/ count )
=-0.02/( (0+0.015)/ 1 )
=-0.02/0.015
=-133.33 %

* 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 (Jun. 2022) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -133.33% mean?
NuVim (NUVM) has a ROA % of -133.33% as of Jun. 2022. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on NuVim and its competitors.
Is NuVim's ROA % too high?
NuVim's current ROA % is -133.33%.
How does NuVim's ROA % compare to MTTCF and PLBLF?
NuVim's ROA % of -133.33% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROA % is 3.35. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Consumer Packaged Goods company?
The median ROA % among Consumer Packaged Goods companies is 3.35, based on 1,988 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on NuVim and its competitors. For the Consumer Packaged Goods industry, the median ROA % is 3.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NuVim's current ROA % is -133.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NuVim stock overvalued right now?
NuVim (NUVM) has a current ROA % of -133.33%. The current ROA % is -133.33%. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For NuVim (NUVM), the current ROA % is -133.33% as of Jun. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

NuVim Business Description

Address 32 Broughton Drive, Myrtle Beach, SC, USA, 29579
NuVim Inc is engaged in producing, marketing, and distributing powder mix dietary supplements under the NuVim brand. The company provides consumers with products that help bring an overall quality of life and help address specific health concerns. Its products help strengthen the immune system, enhance muscle, and bone health, and aid in consistent digestion while delivering daily requirements of vitamins C, E, B12, and zinc. There are varieties of powder mix products, Chocolate, Vanilla, and Strawberry, sold from its website. The NuVim dietary supplement products are marketed to both men and women in all stages of life and to help professional athletes, weekend warriors, and those incurring immune dysfunction or lack of energy and mental alertness.