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PERF Go-Green Holdings (PERF Go-Green Holdings) ROA % : 321.89% (As of Dec. 2009)


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What is PERF Go-Green Holdings ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. PERF Go-Green Holdings's annualized Net Income for the quarter that ended in Dec. 2009 was $8.85 Mil. PERF Go-Green Holdings's average Total Assets over the quarter that ended in Dec. 2009 was $2.75 Mil. Therefore, PERF Go-Green Holdings's annualized ROA % for the quarter that ended in Dec. 2009 was 321.89%.

The historical rank and industry rank for PERF Go-Green Holdings's ROA % or its related term are showing as below:

PGOG's ROA % is not ranked *
in the Chemicals industry.
Industry Median: 2.97
* Ranked among companies with meaningful ROA % only.

PERF Go-Green Holdings ROA % Historical Data

The historical data trend for PERF Go-Green Holdings'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.

PERF Go-Green Holdings ROA % Chart

PERF Go-Green Holdings Annual Data
Trend Oct06 Oct07 Mar09
ROA %
-49.54 -232.14 -1,763.31

PERF Go-Green Holdings Quarterly Data
Jan07 Apr07 Jul07 Oct07 Jan08 Apr08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 608.79 -1,347.98 -295.59 827.09 321.89

Competitive Comparison of PERF Go-Green Holdings's ROA %

For the Specialty Chemicals subindustry, PERF Go-Green Holdings'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.


PERF Go-Green Holdings's ROA % Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, PERF Go-Green Holdings's ROA % distribution charts can be found below:

* The bar in red indicates where PERF Go-Green Holdings's ROA % falls into.



PERF Go-Green Holdings ROA % Calculation

PERF Go-Green Holdings's annualized ROA % for the fiscal year that ended in Mar. 2009 is calculated as:

ROA %=Net Income (A: Mar. 2009 )/( (Total Assets (A: Oct. 2007 )+Total Assets (A: Mar. 2009 ))/ count )
=-32.877/( (0.003+3.726)/ 2 )
=-32.877/1.8645
=-1,763.31 %

PERF Go-Green Holdings's annualized ROA % for the quarter that ended in Dec. 2009 is calculated as:

ROA %=Net Income (Q: Dec. 2009 )/( (Total Assets (Q: Sep. 2009 )+Total Assets (Q: Dec. 2009 ))/ count )
=8.852/( (3.201+2.299)/ 2 )
=8.852/2.75
=321.89 %

* 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 (Dec. 2009) net income data. ROA % is displayed in the 30-year financial page.


PERF Go-Green Holdings  (GREY:PGOG) 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: Dec. 2009 )
=Net Income/Total Assets
=8.852/2.75
=(Net Income / Revenue)*(Revenue / Total Assets)
=(8.852 / 0.972)*(0.972 / 2.75)
=Net Margin %*Asset Turnover
=910.7 %*0.3535
=321.89 %

Note: The Net Income data used here is four times the quarterly (Dec. 2009) net income data. The Revenue data used here is four times the quarterly (Dec. 2009) 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.


PERF Go-Green Holdings ROA % Related Terms

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PERF Go-Green Holdings (PERF Go-Green Holdings) Business Description

Traded in Other Exchanges
N/A
Address
12 E. 52nd Street, 4th Floor, New York, NY, USA, 10022
Website
PERF Go-Green Holdings Inc is engaged in the production of biodegradable plastic products.

PERF Go-Green Holdings (PERF Go-Green Holdings) Headlines

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