GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Panamera Holdings Corp (OTCPK:PHCI) » Definitions » ROA %

PHCI (Panamera Holdings) ROA % : -794.60% (As of Apr. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Panamera Holdings ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Panamera Holdings's annualized Net Income for the quarter that ended in Apr. 2024 was $-30.04 Mil. Panamera Holdings's average Total Assets over the quarter that ended in Apr. 2024 was $3.78 Mil. Therefore, Panamera Holdings's annualized ROA % for the quarter that ended in Apr. 2024 was -794.60%.

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

PHCI' s ROA % Range Over the Past 10 Years
Min: -9965.03   Med: -352.94   Max: -76.71
Current: -949.84

During the past 9 years, Panamera Holdings's highest ROA % was -76.71%. The lowest was -9965.03%. And the median was -352.94%.

PHCI's ROA % is ranked worse than
98.97% of 682 companies
in the Healthcare Providers & Services industry
Industry Median: 1.285 vs PHCI: -949.84

Panamera Holdings ROA % Historical Data

The historical data trend for Panamera 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.

Panamera Holdings ROA % Chart

Panamera Holdings Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
ROA %
Get a 7-Day Free Trial Premium Member Only -1,200.00 -2,066.67 -4,750.00 -261.54 -9,965.03

Panamera Holdings Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 -342.86 -40,857.55 -286.36 -610.91 -794.60

Competitive Comparison of Panamera Holdings's ROA %

For the Medical Care Facilities subindustry, Panamera 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.


Panamera Holdings's ROA % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Panamera Holdings's ROA % distribution charts can be found below:

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



Panamera Holdings ROA % Calculation

Panamera Holdings's annualized ROA % for the fiscal year that ended in Jul. 2023 is calculated as:

ROA %=Net Income (A: Jul. 2023 )/( (Total Assets (A: Jul. 2022 )+Total Assets (A: Jul. 2023 ))/ count )
=-7.125/( (0.013+0.13)/ 2 )
=-7.125/0.0715
=-9,965.03 %

Panamera Holdings's annualized ROA % for the quarter that ended in Apr. 2024 is calculated as:

ROA %=Net Income (Q: Apr. 2024 )/( (Total Assets (Q: Jan. 2024 )+Total Assets (Q: Apr. 2024 ))/ count )
=-30.036/( (0.009+7.551)/ 2 )
=-30.036/3.78
=-794.60 %

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


Panamera Holdings  (OTCPK:PHCI) 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: Apr. 2024 )
=Net Income/Total Assets
=-30.036/3.78
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-30.036 / 0)*(0 / 3.78)
=Net Margin %*Asset Turnover
=N/A %*0
=-794.60 %

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


Panamera Holdings ROA % Related Terms

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


Panamera Holdings Business Description

Traded in Other Exchanges
N/A
Address
5051 Westheimer, Suite 1200, Houston, TX, USA, 77056
Panamera Holdings Corp, formerly Panamera Healthcare Corp is a development stage company helping clients navigate the complexities of a healthcare system in transition.
Executives
T Benjamin Jennings director, 10 percent owner, officer: Chairman, CEO, President 2752 KINGS RETREAT CIRCLE, KINGWOOD TX 73025
Stanley F Wilson director, officer: Secretary, General Counsel 6711 EAST CAMELBACK ROAD 17, SCOTTSDALE AZ 85251
Christopher Barakat director 2752 KINGS RETREAT CIRCLE, KINGWOOD TX 77345
Ernest Joseph Diaz director, 10 percent owner 2410 W. MEMORIAL RD, SUTIE C406, OKLAHOMA CITY OK 73134
Curtis Eugene Summers director, 10 percent owner, officer: President 2410 W. MEMORIAL RD, SUITE C406, OKLAHOMA CITY OK 73134
Douglas Glenn Baker director, officer: CFO, Secretary, Treasurer 2410 W. MEMORIAL RD, SUITE C406, OKLAHOMA CITY OK 73134

Panamera Holdings Headlines

From GuruFocus