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PickleJar Entertainment GroupPKLE ROA % is 0.00% as of . 20. Among 2,894 Software companies, PickleJar Entertainment Group ranks worse than 34554.22% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. PickleJar Entertainment Group's annualizedNet Income for the quarter that ended in . 20 was $ Mil.
PickleJar Entertainment Group's average Total Assets over the quarter that ended in . 20 was $ 0 Mil. Therefore, PickleJar Entertainment Group's annualized ROA % for the quarter that ended in . 20 was Not Available.
The historical rank and industry rank for PickleJar Entertainment Group's ROA % or its related term are showing as below:
PKLE's ROA % is not ranked *
in the Software industry.
Industry Median: 1.695 * Ranked among companies with meaningful ROA % only.
PickleJar Entertainment Group (OTCPK:PKLE) 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 banks 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:
Note:
The Net Income data used here is one times the annual (. 20) net income data. The Revenue data used here is one times the annual (. 20) 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.
PickleJar Entertainment Group ROA % Related Terms
PickleJar Entertainment Group ROA % Historical 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.
PickleJar Entertainment Group ROA % Chart
PickleJar Entertainment Group Annual Data
Trend
ROA %
PickleJar Entertainment Group Semi-Annual Data
ROA %
PKLE vs LIVG, ALDS, FMTOF: ROA % Comparison
For the Software - Application subindustry, PickleJar Entertainment Group'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.
PickleJar Entertainment Group ROA % vs Software Industry
For the Software industry and Technology sector, PickleJar Entertainment Group's ROA % distribution charts can be found below:
* The bar in red indicates where PickleJar Entertainment Group's ROA % falls into.
* 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 one times the annual (. 20) net income data.
ROA % is displayed in the 30-year financial page.
PickleJar Entertainment Group (PKLE) has a ROA % of 0.00% as of . 20. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on PickleJar Entertainment Group and its competitors. According to the industry distribution chart, PickleJar Entertainment Group ranks #999999 out of 2894 companies in the Software industry.
Is PickleJar Entertainment Group's ROA % too high?
PickleJar Entertainment Group's current ROA % is 0.00%. Based on the distribution chart, PickleJar Entertainment Group ranks #999999 out of 2894 companies in the Software industry, which is in the bottom quartile relative to peers.
How does PickleJar Entertainment Group's ROA % compare to LIVG and ALDS?
According to the Software industry distribution chart, PickleJar Entertainment Group ranks #999999 out of 2894 companies for ROA %. This places PickleJar Entertainment Group in the lower half of its industry. The industry median ROA % is 1.70. 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 Software company?
The median ROA % among Software companies is 1.70, based on 2,894 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 PickleJar Entertainment Group and its competitors. For the Software industry, the median ROA % is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PickleJar Entertainment Group's current ROA % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PickleJar Entertainment Group stock overvalued right now?
PickleJar Entertainment Group (PKLE) has a current ROA % of 0.00%. The current ROA % is 0.00%. 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 PickleJar Entertainment Group (PKLE), the current ROA % is 0.00% as of . 20. 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.
PickleJar Entertainment Group Inc is a technology-driven entertainment platform company that unlocks the potential of shared entertainment experiences through an integrated suite of software and services. The Company's platform is designed to inspire human creativity and enrich lives by connecting fans with emerging artists, mid-sized venues, and brands within the era of social commerce. The Company generates revenues from the following segments: Artist Promotions; Venue-Managed Event Ticket Sales; Related Party IT Services; Radio Show Bookings; Point-of-Sale Services; and Sponsorship Income.
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