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SSOK (Sunstock) ROA % : 30.69% (As of Sep. 2024)


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What is Sunstock ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Sunstock's annualized Net Income for the quarter that ended in Sep. 2024 was $0.80 Mil. Sunstock's average Total Assets over the quarter that ended in Sep. 2024 was $2.62 Mil. Therefore, Sunstock's annualized ROA % for the quarter that ended in Sep. 2024 was 30.69%.

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

SSOK' s ROA % Range Over the Past 10 Years
Min: -7912.1   Med: -328.21   Max: 268.07
Current: 32.08

During the past 12 years, Sunstock's highest ROA % was 268.07%. The lowest was -7912.10%. And the median was -328.21%.

SSOK's ROA % is ranked better than
99.11% of 1118 companies
in the Retail - Cyclical industry
Industry Median: 2.335 vs SSOK: 32.08

Sunstock ROA % Historical Data

The historical data trend for Sunstock'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.

Sunstock ROA % Chart

Sunstock Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,045.97 268.07 -159.77 -225.36 0.31

Sunstock Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -20.11 54.28 0.18 44.26 30.69

Competitive Comparison of Sunstock's ROA %

For the Luxury Goods subindustry, Sunstock'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.


Sunstock's ROA % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Sunstock's ROA % distribution charts can be found below:

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



Sunstock ROA % Calculation

Sunstock's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=0.006/( (1.785+2.148)/ 2 )
=0.006/1.9665
=0.31 %

Sunstock's annualized ROA % for the quarter that ended in Sep. 2024 is calculated as:

ROA %=Net Income (Q: Sep. 2024 )/( (Total Assets (Q: Jun. 2024 )+Total Assets (Q: Sep. 2024 ))/ count )
=0.804/( (2.513+2.727)/ 2 )
=0.804/2.62
=30.69 %

* 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 (Sep. 2024) net income data. ROA % is displayed in the 30-year financial page.


Sunstock  (OTCPK:SSOK) 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: Sep. 2024 )
=Net Income/Total Assets
=0.804/2.62
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.804 / 11.996)*(11.996 / 2.62)
=Net Margin %*Asset Turnover
=6.7 %*4.5786
=30.69 %

Note: The Net Income data used here is four times the quarterly (Sep. 2024) net income data. The Revenue data used here is four times the quarterly (Sep. 2024) 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.


Sunstock ROA % Related Terms

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


Sunstock Business Description

Traded in Other Exchanges
N/A
Address
111 Vista Creek Circle, Sacramento, CA, USA, 95835
Sunstock Inc is a United States-based company that is engaged in the buying, selling, and distribution of precious metals, primarily gold. The company specializes in retailing gold, silver, and rare coins.
Executives
Jason Chang director, 10 percent owner, officer: President 111 VISTA CREEK CIRCLE, SACRAMENTO CA 95835
Ramnik Clair director 111 VISTA CREEK CIRCLE, #200, SACRAMENTO CA 95835
Balbir H. Clair director 10618 LA LOMA WAY, STOCKTON CA 95212
Chiung Ying Chang other: A shareholder 111 VISTA CREEK CIRCLE, SACRAMENTO CA 95835
Mb Americus Llc 10 percent owner 9454 WILSHIRE BOULEVARD, BEVERLY HILLS CA 90212
James M Cassidy director, 10 percent owner, officer: president, secretary 215 APOLENA AVENUE, NEWPORT BEACH CA 92662
James K Mckillop director, 10 percent owner, officer: vice president 9454 WILSHIRE BOULEVARD, SUITE 612, BEVERLY HILLS CA 90212
Tiber Creek Corp 10 percent owner 215 APOLENA AVENUE, NEWPORT BEACH CA 92662

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