GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » FibroBiologics Inc (STU:SG0) » Definitions » ROA %

FibroBiologics (STU:SG0) ROA % : -20.37% (As of Sep. 2024)


View and export this data going back to 2024. Start your Free Trial

What is FibroBiologics ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. FibroBiologics's annualized Net Income for the quarter that ended in Sep. 2024 was €-1.80 Mil. FibroBiologics's average Total Assets over the quarter that ended in Sep. 2024 was €8.86 Mil. Therefore, FibroBiologics's annualized ROA % for the quarter that ended in Sep. 2024 was -20.37%.

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

STU:SG0' s ROA % Range Over the Past 10 Years
Min: -338.03   Med: -198.08   Max: -159.03
Current: -159.03

During the past 3 years, FibroBiologics's highest ROA % was -159.03%. The lowest was -338.03%. And the median was -198.08%.

STU:SG0's ROA % is ranked worse than
90.69% of 1503 companies
in the Biotechnology industry
Industry Median: -35.81 vs STU:SG0: -159.03

FibroBiologics ROA % Historical Data

The historical data trend for FibroBiologics'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.

FibroBiologics ROA % Chart

FibroBiologics Annual Data
Trend Dec21 Dec22 Dec23
ROA %
-338.16 -194.61 -196.40

FibroBiologics Quarterly Data
Dec21 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 -65.14 -305.91 -291.95 35.55 -20.37

Competitive Comparison of FibroBiologics's ROA %

For the Biotechnology subindustry, FibroBiologics'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.


FibroBiologics's ROA % Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, FibroBiologics's ROA % distribution charts can be found below:

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



FibroBiologics ROA % Calculation

FibroBiologics'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 )
=-15.117/( (4.554+10.84)/ 2 )
=-15.117/7.697
=-196.40 %

FibroBiologics'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 )
=-1.804/( (8.279+9.433)/ 2 )
=-1.804/8.856
=-20.37 %

* 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.


FibroBiologics  (STU:SG0) 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
=-1.804/8.856
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.804 / 0)*(0 / 8.856)
=Net Margin %*Asset Turnover
=N/A %*0
=-20.37 %

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.


FibroBiologics ROA % Related Terms

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


FibroBiologics Business Description

Comparable Companies
Traded in Other Exchanges
Address
455 E. Medical Center Boulevard, Suite 300, Houston, TX, USA, 77598
FibroBiologics Inc is a clinical-stage cell therapy company focused on developing and commercializing fibroblast-based therapies for patients suffering from chronic diseases with significant unmet medical needs, including degenerative disc disease, multiple sclerosis, wound healing, and certain cancers, and potential extension of life applications including thymic and splenic involution reversal.

FibroBiologics Headlines

No Headlines