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Infinity Stone Ventures (STU:B2IA) ROA % : -11.47% (As of May. 2023)


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What is Infinity Stone Ventures ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Infinity Stone Ventures's annualized Net Income for the quarter that ended in May. 2023 was €-0.30 Mil. Infinity Stone Ventures's average Total Assets over the quarter that ended in May. 2023 was €2.58 Mil. Therefore, Infinity Stone Ventures's annualized ROA % for the quarter that ended in May. 2023 was -11.47%.

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

STU:B2IA' s ROA % Range Over the Past 10 Years
Min: -8895.04   Med: -4600.77   Max: -57.42
Current: -57.42

During the past 2 years, Infinity Stone Ventures's highest ROA % was -57.42%. The lowest was -8895.04%. And the median was -4600.77%.

STU:B2IA's ROA % is ranked worse than
90.12% of 2825 companies
in the Software industry
Industry Median: 1.03 vs STU:B2IA: -57.42

Infinity Stone Ventures ROA % Historical Data

The historical data trend for Infinity Stone Ventures'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.

Infinity Stone Ventures ROA % Chart

Infinity Stone Ventures Annual Data
Trend Aug21 Aug22
ROA %
-8,910.82 -311.22

Infinity Stone Ventures Quarterly Data
May20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -500.95 -345.61 -215.05 172.47 -11.47

Competitive Comparison of Infinity Stone Ventures's ROA %

For the Software - Application subindustry, Infinity Stone Ventures'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.


Infinity Stone Ventures's ROA % Distribution in the Software Industry

For the Software industry and Technology sector, Infinity Stone Ventures's ROA % distribution charts can be found below:

* The bar in red indicates where Infinity Stone Ventures's ROA % falls into.



Infinity Stone Ventures ROA % Calculation

Infinity Stone Ventures's annualized ROA % for the fiscal year that ended in Aug. 2022 is calculated as:

ROA %=Net Income (A: Aug. 2022 )/( (Total Assets (A: Aug. 2021 )+Total Assets (A: Aug. 2022 ))/ count )
=-3.134/( (0.231+1.783)/ 2 )
=-3.134/1.007
=-311.22 %

Infinity Stone Ventures's annualized ROA % for the quarter that ended in May. 2023 is calculated as:

ROA %=Net Income (Q: May. 2023 )/( (Total Assets (Q: Feb. 2023 )+Total Assets (Q: May. 2023 ))/ count )
=-0.296/( (2.621+2.54)/ 2 )
=-0.296/2.5805
=-11.47 %

* 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 (May. 2023) net income data. ROA % is displayed in the 30-year financial page.


Infinity Stone Ventures  (STU:B2IA) 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: May. 2023 )
=Net Income/Total Assets
=-0.296/2.5805
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.296 / 0.036)*(0.036 / 2.5805)
=Net Margin %*Asset Turnover
=-822.22 %*0.014
=-11.47 %

Note: The Net Income data used here is four times the quarterly (May. 2023) net income data. The Revenue data used here is four times the quarterly (May. 2023) 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.


Infinity Stone Ventures ROA % Related Terms

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Infinity Stone Ventures (STU:B2IA) Business Description

Traded in Other Exchanges
Address
750 - 1095 West Pender Street, Vancouver, BC, CAN, V6E 2M6
Infinity Stone Ventures Corp is engaged in the development of battery metals projects to fuel the green revolution, alongside a diversified portfolio of SaaS solutions, thereby delivering solutions across industries to its customers. The company's primary business units include Health Check and the energy metals portfolio. Geographically, it operates in Canada and USA. The Company is engaged in the development, marketing, and commercialization of contact tracing solutions. It is a technology company developing and delivering SaaS solutions for the public and private sectors. It integrates data collection and management (Smart Health RM), communications (Smart Connect), advertising (Engagency), and IoT devices (Smart Check).

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