ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Palladon Ventures's annualizedNet Income for the quarter that ended in Nov. 2014 was $-0.24 Mil.
Palladon Ventures's average Total Assets over the quarter that ended in Nov. 2014 was $2.73 Mil. Therefore, Palladon Ventures's annualized ROA % for the quarter that ended in Nov. 2014 was -8.79%.
The historical rank and industry rank for Palladon Ventures's ROA % or its related term are showing as below:
PLLVF's ROA % is not ranked *
in the Metals & Mining industry.
Industry Median: -16.81 * Ranked among companies with meaningful ROA % only.
Palladon Ventures (OTCPK:PLLVF) 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 four times the quarterly (Nov. 2014) net income data. The Revenue data used here is four times the quarterly (Nov. 2014) 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.
Palladon Ventures ROA % Related Terms
Palladon Ventures ROA % Historical Data
* Premium members only.
The historical data trend for Palladon Ventures'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.
For the Other Industrial Metals & Mining subindustry, Palladon Ventures'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.
Palladon Ventures ROA % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Palladon Ventures's ROA % distribution charts can be found below:
* The bar in red indicates where Palladon Ventures'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 four times the quarterly (Nov. 2014) net income data.
ROA % is displayed in the 30-year financial page.
Palladon Ventures (PLLVF) has a ROA % of -8.79% as of Nov. 2014. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Palladon Ventures and its competitors.
Is Palladon Ventures' ROA % too high?
Palladon Ventures' current ROA % is -8.79%.
How does Palladon Ventures' ROA % compare to DWSGF and AUXRF?
Palladon Ventures' ROA % of -8.79% can be compared against companies in the Metals & Mining industry. 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 Metals & Mining company?
A good ROA % depends on the Metals & Mining industry context. 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 Palladon Ventures and its competitors. Palladon Ventures's current ROA % is -8.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Palladon Ventures stock overvalued right now?
Palladon Ventures (PLLVF) has a current ROA % of -8.79%. The current ROA % is -8.79%. 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 Palladon Ventures (PLLVF), the current ROA % is -8.79% as of Nov. 2014. 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.
Palladon Ventures Ltd, through its subsidiary, is engaged in the business of mining iron ore and producing iron concentrate from a mine located in southwest Utah, United States.
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