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Reven Housing REIT (Reven Housing REIT) ROA % : -4.07% (As of Jun. 2019)


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What is Reven Housing REIT ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Reven Housing REIT's annualized Net Income for the quarter that ended in Jun. 2019 was $-3.78 Mil. Reven Housing REIT's average Total Assets over the quarter that ended in Jun. 2019 was $92.72 Mil. Therefore, Reven Housing REIT's annualized ROA % for the quarter that ended in Jun. 2019 was -4.07%.

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

RVEN's ROA % is not ranked *
in the REITs industry.
Industry Median: 2.195
* Ranked among companies with meaningful ROA % only.

Reven Housing REIT ROA % Historical Data

The historical data trend for Reven Housing REIT'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.

Reven Housing REIT ROA % Chart

Reven Housing REIT Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.50 -4.84 -3.67 -3.01 -4.24

Reven Housing REIT Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.90 -6.21 -3.47 -3.51 -4.07

Competitive Comparison of Reven Housing REIT's ROA %

For the REIT - Residential subindustry, Reven Housing REIT'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.


Reven Housing REIT's ROA % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Reven Housing REIT's ROA % distribution charts can be found below:

* The bar in red indicates where Reven Housing REIT's ROA % falls into.



Reven Housing REIT ROA % Calculation

Reven Housing REIT's annualized ROA % for the fiscal year that ended in Dec. 2018 is calculated as:

ROA %=Net Income (A: Dec. 2018 )/( (Total Assets (A: Dec. 2017 )+Total Assets (A: Dec. 2018 ))/ count )
=-3.155/( (65.587+83.102)/ 2 )
=-3.155/74.3445
=-4.24 %

Reven Housing REIT's annualized ROA % for the quarter that ended in Jun. 2019 is calculated as:

ROA %=Net Income (Q: Jun. 2019 )/( (Total Assets (Q: Mar. 2019 )+Total Assets (Q: Jun. 2019 ))/ count )
=-3.776/( (92.435+92.999)/ 2 )
=-3.776/92.717
=-4.07 %

* 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 (Jun. 2019) net income data. ROA % is displayed in the 30-year financial page.


Reven Housing REIT  (NAS:RVEN) 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: Jun. 2019 )
=Net Income/Total Assets
=-3.776/92.717
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.776 / 11.6)*(11.6 / 92.717)
=Net Margin %*Asset Turnover
=-32.55 %*0.1251
=-4.07 %

Note: The Net Income data used here is four times the quarterly (Jun. 2019) net income data. The Revenue data used here is four times the quarterly (Jun. 2019) 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.


Reven Housing REIT ROA % Related Terms

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Reven Housing REIT (Reven Housing REIT) Business Description

Traded in Other Exchanges
N/A
Address
875 Prospect Street, Suite 304, La Jolla, CA, USA, 92037
Reven Housing REIT Inc is a US-based company which engaged in the acquisition, ownership, and operation of portfolios of leased single-family homes (SFRs) in the United States. It operates its portfolio properties as single-family rentals generate revenues from rental income from the existing tenants of the SFRs acquired. The company owns nearly 600 single-family homes in the Houston, Jacksonville, Memphis and Atlanta metropolitan areas. Reven operates through the single segment of business being Operation of leased single-family homes. It earns the majority of its revenue from the United States.

Reven Housing REIT (Reven Housing REIT) Headlines