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TLGYF (TLGY Acquisition) ROA % : 11.05% (As of Sep. 2024)


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What is TLGY Acquisition ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. TLGY Acquisition's annualized Net Income for the quarter that ended in Sep. 2024 was $4.79 Mil. TLGY Acquisition's average Total Assets over the quarter that ended in Sep. 2024 was $43.35 Mil. Therefore, TLGY Acquisition's annualized ROA % for the quarter that ended in Sep. 2024 was 11.05%.

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

TLGYF' s ROA % Range Over the Past 10 Years
Min: 3.09   Med: 4   Max: 7.56
Current: 7.56

During the past 3 years, TLGY Acquisition's highest ROA % was 7.56%. The lowest was 3.09%. And the median was 4.00%.

TLGYF's ROA % is ranked better than
94.97% of 557 companies
in the Diversified Financial Services industry
Industry Median: -1.4 vs TLGYF: 7.56

TLGY Acquisition ROA % Historical Data

The historical data trend for TLGY Acquisition'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.

TLGY Acquisition ROA % Chart

TLGY Acquisition Annual Data
Trend Dec21 Dec22 Dec23
ROA %
- 4.90 3.09

TLGY Acquisition Quarterly Data
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 15.59 12.86 5.88 0.08 11.05

Competitive Comparison of TLGY Acquisition's ROA %

For the Shell Companies subindustry, TLGY Acquisition'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.


TLGY Acquisition's ROA % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, TLGY Acquisition's ROA % distribution charts can be found below:

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



TLGY Acquisition ROA % Calculation

TLGY Acquisition'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 )
=4.699/( (238.368+66.005)/ 2 )
=4.699/152.1865
=3.09 %

TLGY Acquisition'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 )
=4.792/( (43.01+43.694)/ 2 )
=4.792/43.352
=11.05 %

* 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.


TLGY Acquisition  (OTCPK:TLGYF) 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
=4.792/43.352
=(Net Income / Revenue)*(Revenue / Total Assets)
=(4.792 / 0)*(0 / 43.352)
=Net Margin %*Asset Turnover
=N/A %*0
=11.05 %

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.


TLGY Acquisition ROA % Related Terms

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TLGY Acquisition Business Description

Traded in Other Exchanges
N/A
Address
4001 Kennett Pike, Suite 302, Wilmington, DE, USA, 19807
TLGY Acquisition Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses.
Executives
Theron Edwin Odlaug officer: Co-President 1440 DAVEY ROAD, WOODRIDGE IL 60517
Tlgy Sponsors Llc 10 percent owner YUE XIU BUILDING, ROOM 601, 6/F,, 160-174 LOCKHART ROAD, WANCHAI, HONG KONG SAR K3 00000
Steven Terence Norman director, officer: See Remarks 43C EDGECLIFFE BOULEVARDE, COLLAROY PLATEAU C3 2097
Donghyun Han director . FLAT C, 14TH FL, CHERISH COURT ,, 2 CAPELAND DRIVE, HONG KONG K3 00000
Vijayan Shrijay director 1724 E 54TH ST, UNIT M, CHICAGO IL 60615
Hyunchan Cho director FLAT 1602, BLOCK A,, 9 OLD PEAK ROAD, MID-LEVELS, HONG KONG K3 00000
Jin Goon Kim director, 10 percent owner, officer: Chief Executive Officer HOUSE 95, PALM DRIVE, REDHILL PENINSULA,, 18 PAK PAT SHAN ROAD, TAI TAM,, HONG KONG K3 00000

TLGY Acquisition Headlines

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