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Romana Food Blockchain (Romana Food Blockchain) ROA % : 0.00% (As of Jul. 2010)


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What is Romana Food Blockchain ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Romana Food Blockchain's annualized Net Income for the quarter that ended in Jul. 2010 was $0.00 Mil. Romana Food Blockchain's average Total Assets over the quarter that ended in Jul. 2010 was $ 0 Mil. Therefore, Romana Food Blockchain's annualized ROA % for the quarter that ended in Jul. 2010 was Not Available.

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

RFBC's ROA % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 3.005
* Ranked among companies with meaningful ROA % only.

Romana Food Blockchain ROA % Historical Data

The historical data trend for Romana Food Blockchain'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.

Romana Food Blockchain ROA % Chart

Romana Food Blockchain Annual Data
Trend Oct07 Oct08 Oct09
ROA %
-223.08 -2,871.43 -2,500.00

Romana Food Blockchain Quarterly Data
Apr07 Jul07 Oct07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10
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 -2,000.00 -4,400.00 -400.00 - -

Competitive Comparison of Romana Food Blockchain's ROA %

For the Packaged Foods subindustry, Romana Food Blockchain'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.


Romana Food Blockchain's ROA % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Romana Food Blockchain's ROA % distribution charts can be found below:

* The bar in red indicates where Romana Food Blockchain's ROA % falls into.



Romana Food Blockchain ROA % Calculation

Romana Food Blockchain's annualized ROA % for the fiscal year that ended in Oct. 2009 is calculated as:

ROA %=Net Income (A: Oct. 2009 )/( (Total Assets (A: Oct. 2008 )+Total Assets (A: Oct. 2009 ))/ count )
=-0.025/( (0.001+0.001)/ 2 )
=-0.025/0.001
=-2,500.00 %

Romana Food Blockchain's annualized ROA % for the quarter that ended in Jul. 2010 is calculated as:

ROA %=Net Income (Q: Jul. 2010 )/( (Total Assets (Q: Apr. 2010 )+Total Assets (Q: Jul. 2010 ))/ count )
=0/( (0+0)/ 1 )
=0/0
=N/A %

* 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 (Jul. 2010) net income data. ROA % is displayed in the 30-year financial page.


Romana Food Blockchain  (OTCPK:RFBC) 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: Jul. 2010 )
=Net Income/Total Assets
=0/0
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0 / 0)*(0 / 0)
=Net Margin %*Asset Turnover
=N/A %*N/A
=N/A %

Note: The Net Income data used here is four times the quarterly (Jul. 2010) net income data. The Revenue data used here is four times the quarterly (Jul. 2010) 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.


Romana Food Blockchain ROA % Related Terms

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Romana Food Blockchain (Romana Food Blockchain) Business Description

Traded in Other Exchanges
N/A
Address
2910 Sheridan Way, Oakville, ON, CAN, L6J 7J8
Romana Food Blockchain Corp is a USA based company that owns and operates a food processing plants specializing in Italian products. Its clients include Costco, Imvescor, Loblaws, Maxi, Metro, Provigo, Sobeys, Super C and Trader Joe's.

Romana Food Blockchain (Romana Food Blockchain) Headlines

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