GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Plains Acquisition Corp (OTCPK:PLQC) » Definitions » ROA %

Plains Acquisition (Plains Acquisition) ROA % : 0.00% (As of . 20)


View and export this data going back to 2022. Start your Free Trial

What is Plains Acquisition ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Plains Acquisition's annualized Net Income for the quarter that ended in . 20 was $ Mil. Plains Acquisition's average Total Assets over the quarter that ended in . 20 was $ 0 Mil. Therefore, Plains Acquisition's annualized ROA % for the quarter that ended in . 20 was Not Available.

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

PLQC's ROA % is not ranked *
in the Banks industry.
Industry Median: 0.895
* Ranked among companies with meaningful ROA % only.

Plains Acquisition ROA % Historical Data

The historical data trend for Plains Acquisition'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.

Plains Acquisition ROA % Chart

Plains Acquisition Annual Data
Trend
ROA %

Plains Acquisition Semi-Annual Data
ROA %

Competitive Comparison of Plains Acquisition's ROA %

For the Banks - Regional subindustry, Plains Acquisition'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.


Plains Acquisition's ROA % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Plains Acquisition's ROA % distribution charts can be found below:

* The bar in red indicates where Plains Acquisition's ROA % falls into.



Plains Acquisition ROA % Calculation

Plains Acquisition's annualized ROA % for the fiscal year that ended in . 20 is calculated as:

ROA %=Net Income (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
= %

Plains Acquisition's annualized ROA % for the quarter that ended in . 20 is calculated as:

ROA %=Net Income (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
= %

* 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.


Plains Acquisition  (OTCPK:PLQC) 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:

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.


Plains Acquisition ROA % Related Terms

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


Plains Acquisition (Plains Acquisition) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
19404 Kenswick Drive, Humble, TX, USA, 77338
Plains Acquisition Corp is a United States-based bank holding company. It offers a full range of banking services. It provides loans to small and medium-sized businesses and individuals in its market area. The Bank operates full-service branch locations in Humble, Houston, Plains, Sugar Land, and Conroe, Texas, and limited-service branches or loan production offices in Houston and San Antonio, Texas.

Plains Acquisition (Plains Acquisition) Headlines