GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Tecateak SA (QUI:TCK) » Definitions » ROA %

Tecateak (QUI:TCK) ROA % : 0.00% (As of . 20)


View and export this data going back to 2018. Start your Free Trial

What is Tecateak ROA %?

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

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

QUI:TCK's ROA % is not ranked *
in the Forest Products industry.
Industry Median: 1.23
* Ranked among companies with meaningful ROA % only.

Tecateak ROA % Historical Data

The historical data trend for Tecateak'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.

Tecateak ROA % Chart

Tecateak Annual Data
Trend
ROA %

Tecateak Semi-Annual Data
ROA %

Competitive Comparison of Tecateak's ROA %

For the Lumber & Wood Production subindustry, Tecateak'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.


Tecateak's ROA % Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Tecateak's ROA % distribution charts can be found below:

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



Tecateak ROA % Calculation

Tecateak'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 )
=/( (+)/ )
=/
= %

Tecateak'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.


Tecateak  (QUI:TCK) 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.


Tecateak ROA % Related Terms

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


Tecateak Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Jose Orton N 30-54, Quito, ECU
Tecateak SA is engaged in manufacturing of sheets of wood which are smoothed, stained, coated, impregnated, reinforced with paper or cloth, cut into figures for veneer thin enough to produce veneer, plywood and other purposes; manufacture of plywood, veneered boards and other laminated wood panels and sheets, fiberboard and particleboard, compacted wood, glue-laminated wood. The company's main destination for Ecuadorian teak exports is India, a country where Ecuadorian wood is already recognized as top quality.

Tecateak Headlines

No Headlines