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Alpcot Holding AB (OSTO:ALPCOT B) ROA % : -40.39% (As of Mar. 2024)


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What is Alpcot Holding AB ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Alpcot Holding AB's annualized Net Income for the quarter that ended in Mar. 2024 was kr-48.83 Mil. Alpcot Holding AB's average Total Assets over the quarter that ended in Mar. 2024 was kr120.88 Mil. Therefore, Alpcot Holding AB's annualized ROA % for the quarter that ended in Mar. 2024 was -40.39%.

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

OSTO:ALPCOT B' s ROA % Range Over the Past 10 Years
Min: -26.98   Med: -20.9   Max: -14.82
Current: -26.68

During the past 3 years, Alpcot Holding AB's highest ROA % was -14.82%. The lowest was -26.98%. And the median was -20.90%.

OSTO:ALPCOT B's ROA % is ranked worse than
83% of 2823 companies
in the Software industry
Industry Median: 1.09 vs OSTO:ALPCOT B: -26.68

Alpcot Holding AB ROA % Historical Data

The historical data trend for Alpcot Holding AB'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.

Alpcot Holding AB ROA % Chart

Alpcot Holding AB Annual Data
Trend Dec21 Dec22 Dec23
ROA %
- -26.98 -14.82

Alpcot Holding AB Quarterly Data
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 13.92 -25.92 -17.24 -22.51 -40.39

Competitive Comparison of Alpcot Holding AB's ROA %

For the Software - Infrastructure subindustry, Alpcot Holding AB'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.


Alpcot Holding AB's ROA % Distribution in the Software Industry

For the Software industry and Technology sector, Alpcot Holding AB's ROA % distribution charts can be found below:

* The bar in red indicates where Alpcot Holding AB's ROA % falls into.



Alpcot Holding AB ROA % Calculation

Alpcot Holding AB's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=-17.265/( (108.384+124.63)/ 2 )
=-17.265/116.507
=-14.82 %

Alpcot Holding AB'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 )
=-48.828/( (124.63+117.134)/ 2 )
=-48.828/120.882
=-40.39 %

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


Alpcot Holding AB  (OSTO:ALPCOT B) 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
=-48.828/120.882
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-48.828 / 96.536)*(96.536 / 120.882)
=Net Margin %*Asset Turnover
=-50.58 %*0.7986
=-40.39 %

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.


Alpcot Holding AB ROA % Related Terms

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Alpcot Holding AB (OSTO:ALPCOT B) Business Description

Traded in Other Exchanges
N/A
Address
Grev Turegatan 18 2 tr, Stockholm, SWE, 114 46
Alpcot Holding AB is a financial platform for personal finance and leads the digital transformation of the financial industry in Sweden. It provide advice to corporate customers regarding occupational pension plans and associated risk insurance.

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