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Sense Technologies (Sense Technologies) ROA % : -26.54% (As of Nov. 2016)


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What is Sense Technologies ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Sense Technologies's annualized Net Income for the quarter that ended in Nov. 2016 was $-1.36 Mil. Sense Technologies's average Total Assets over the quarter that ended in Nov. 2016 was $5.14 Mil. Therefore, Sense Technologies's annualized ROA % for the quarter that ended in Nov. 2016 was -26.54%.

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

SNSGF's ROA % is not ranked *
in the Vehicles & Parts industry.
Industry Median: 3.42
* Ranked among companies with meaningful ROA % only.

Sense Technologies ROA % Historical Data

The historical data trend for Sense Technologies'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.

Sense Technologies ROA % Chart

Sense Technologies Annual Data
Trend Feb07 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -540.56 -444.53 -760.61 -2,226.87 -1,430.00

Sense Technologies Quarterly Data
Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
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 -1,062.86 -2,344.83 -1,869.77 -1,800.00 -26.54

Competitive Comparison of Sense Technologies's ROA %

For the Auto Parts subindustry, Sense Technologies'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.


Sense Technologies's ROA % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Sense Technologies's ROA % distribution charts can be found below:

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



Sense Technologies ROA % Calculation

Sense Technologies's annualized ROA % for the fiscal year that ended in Feb. 2016 is calculated as:

ROA %=Net Income (A: Feb. 2016 )/( (Total Assets (A: Feb. 2015 )+Total Assets (A: Feb. 2016 ))/ count )
=-0.572/( (0.028+0.052)/ 2 )
=-0.572/0.04
=-1,430.00 %

Sense Technologies's annualized ROA % for the quarter that ended in Nov. 2016 is calculated as:

ROA %=Net Income (Q: Nov. 2016 )/( (Total Assets (Q: Aug. 2016 )+Total Assets (Q: Nov. 2016 ))/ count )
=-1.364/( (0.198+10.08)/ 2 )
=-1.364/5.139
=-26.54 %

* 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. 2016) net income data. ROA % is displayed in the 30-year financial page.


Sense Technologies  (OTCPK:SNSGF) 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: Nov. 2016 )
=Net Income/Total Assets
=-1.364/5.139
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.364 / 1.304)*(1.304 / 5.139)
=Net Margin %*Asset Turnover
=-104.6 %*0.2537
=-26.54 %

Note: The Net Income data used here is four times the quarterly (Nov. 2016) net income data. The Revenue data used here is four times the quarterly (Nov. 2016) 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.


Sense Technologies ROA % Related Terms

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Sense Technologies (Sense Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2535 North Carleton Avenue, Grand Island, NE, USA, 68803
Sense Technologies Inc. is a developer and marketer of driver aids for the automotive industry. The Company holds a non-exclusive license to manufacture, distribute, market and sell the ScopeOut product, a system of specially designed mirrors which are placed at specific points on automobiles, trucks, sport utility vehicles or commercial vehicles to offer drivers a more complete view behind the vehicle.

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