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Standard Uranium (Standard Uranium) ROA % : -9.02% (As of Jan. 2024)


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What is Standard Uranium ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Standard Uranium's annualized Net Income for the quarter that ended in Jan. 2024 was $-1.24 Mil. Standard Uranium's average Total Assets over the quarter that ended in Jan. 2024 was $13.79 Mil. Therefore, Standard Uranium's annualized ROA % for the quarter that ended in Jan. 2024 was -9.02%.

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

STTDD' s ROA % Range Over the Past 10 Years
Min: -54   Med: -48.21   Max: -11.59
Current: -11.59

During the past 5 years, Standard Uranium's highest ROA % was -11.59%. The lowest was -54.00%. And the median was -48.21%.

STTDD's ROA % is ranked worse than
80.77% of 182 companies
in the Other Energy Sources industry
Industry Median: 2.41 vs STTDD: -11.59

Standard Uranium ROA % Historical Data

The historical data trend for Standard Uranium'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.

Standard Uranium ROA % Chart

Standard Uranium Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23
ROA %
-54.03 -50.76 -49.04 -22.80 -12.25

Standard Uranium Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -9.20 -22.76 -7.80 -7.04 -9.02

Competitive Comparison of Standard Uranium's ROA %

For the Uranium subindustry, Standard Uranium'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.


Standard Uranium's ROA % Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Standard Uranium's ROA % distribution charts can be found below:

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



Standard Uranium ROA % Calculation

Standard Uranium's annualized ROA % for the fiscal year that ended in Apr. 2023 is calculated as:

ROA %=Net Income (A: Apr. 2023 )/( (Total Assets (A: Apr. 2022 )+Total Assets (A: Apr. 2023 ))/ count )
=-1.431/( (9.816+13.538)/ 2 )
=-1.431/11.677
=-12.25 %

Standard Uranium's annualized ROA % for the quarter that ended in Jan. 2024 is calculated as:

ROA %=Net Income (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=-1.244/( (13.272+14.313)/ 2 )
=-1.244/13.7925
=-9.02 %

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


Standard Uranium  (OTCPK:STTDD) 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: Jan. 2024 )
=Net Income/Total Assets
=-1.244/13.7925
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.244 / 0)*(0 / 13.7925)
=Net Margin %*Asset Turnover
=N/A %*0
=-9.02 %

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


Standard Uranium ROA % Related Terms

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Standard Uranium (Standard Uranium) Business Description

Traded in Other Exchanges
Address
550 Denman Street, Suite 200, Vancouver, BC, CAN, V6G 3H1
Standard Uranium Ltd is a uranium exploration company with a focus on the world-class Athabasca Basin in Saskatchewan, Canada. Since its establishment, Standard Uranium has focused on the identification and exploration of Athabasca-style uranium targets with a view to discovery and future development. Standard Uranium's Atlantic, Canary, and Ascent Projects, in the northeast Athabasca Basin, comprise nine mineral claims over 13,215 hectares. The eastern basin projects are highly prospective for unconformity-related uranium deposits based on historical uranium occurrences, recently identified geophysical anomalies, and location along trend from several high-grade uranium discoveries.

Standard Uranium (Standard Uranium) Headlines

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