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Box Ships (Box Ships) ROA % : -26.49% (As of Dec. 2015)


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What is Box Ships ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Box Ships's annualized Net Income for the quarter that ended in Dec. 2015 was $-98.02 Mil. Box Ships's average Total Assets over the quarter that ended in Dec. 2015 was $370.07 Mil. Therefore, Box Ships's annualized ROA % for the quarter that ended in Dec. 2015 was -26.49%.

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

TEUFF's ROA % is not ranked *
in the Transportation industry.
Industry Median: 3.615
* Ranked among companies with meaningful ROA % only.

Box Ships ROA % Historical Data

The historical data trend for Box Ships'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.

Box Ships ROA % Chart

Box Ships Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
ROA %
Get a 7-Day Free Trial 3.11 3.50 0.63 -7.16 -126.38

Box Ships Quarterly Data
Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Dec16
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 -0.29 -1.41 -0.82 -26.49 -

Competitive Comparison of Box Ships's ROA %

For the Marine Shipping subindustry, Box Ships'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.


Box Ships's ROA % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Box Ships's ROA % distribution charts can be found below:

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



Box Ships ROA % Calculation

Box Ships's annualized ROA % for the fiscal year that ended in Dec. 2016 is calculated as:

ROA %=Net Income (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=-226.629/( (355.764+2.876)/ 2 )
=-226.629/179.32
=-126.38 %

Box Ships's annualized ROA % for the quarter that ended in Dec. 2015 is calculated as:

ROA %=Net Income (Q: Dec. 2015 )/( (Total Assets (Q: Sep. 2015 )+Total Assets (Q: Dec. 2015 ))/ count )
=-98.024/( (384.384+355.764)/ 2 )
=-98.024/370.074
=-26.49 %

* 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 (Dec. 2015) net income data. ROA % is displayed in the 30-year financial page.


Box Ships  (OTCPK:TEUFF) 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: Dec. 2015 )
=Net Income/Total Assets
=-98.024/370.074
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-98.024 / 40.612)*(40.612 / 370.074)
=Net Margin %*Asset Turnover
=-241.37 %*0.1097
=-26.49 %

Note: The Net Income data used here is four times the quarterly (Dec. 2015) net income data. The Revenue data used here is four times the quarterly (Dec. 2015) 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.


Box Ships ROA % Related Terms

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Box Ships (Box Ships) Business Description

Traded in Other Exchanges
N/A
Address
15, Karamanli Avenue, Voula, GRC, GR 16673
Box Ships Inc is a shipping company specializing in the transportation of containers and the provision of commercial management services to shipping companies. The time charter generates maximum revenue for the company.

Box Ships (Box Ships) Headlines

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