ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Cobra Venture's annualizedNet Income for the quarter that ended in Feb. 2026 was C$-1.06 Mil.
Cobra Venture's average Total Assets over the quarter that ended in Feb. 2026 was C$2.72 Mil. Therefore, Cobra Venture's annualized ROA % for the quarter that ended in Feb. 2026 was -38.90%.
The historical rank and industry rank for Cobra Venture's ROA % or its related term are showing as below:
TSXV:CBV'
s ROA % Range Over the Past 10 Years
Min: -13.78 Med: -4.16 Max: 10.8
Current: -13.78
During the past 13 years, Cobra Venture's highest ROA % was 10.80%. The lowest was -13.78%. And the median was -4.16%.
TSXV:CBV's ROA % is not ranked
in the Oil & Gas industry.
Industry Median: 1.89
vs TSXV:CBV: -13.78
Cobra Venture (TSXV:CBV) 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 banks 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:
Note:
The Net Income data used here is four times the quarterly (Feb. 2026) net income data. The Revenue data used here is four times the quarterly (Feb. 2026) 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.
Cobra Venture ROA % Related Terms
Cobra Venture ROA % Historical Data
* Premium members only.
The historical data trend for Cobra Venture'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.
For the Oil & Gas E&P subindustry, Cobra Venture'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.
Cobra Venture ROA % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Cobra Venture's ROA % distribution charts can be found below:
* The bar in red indicates where Cobra Venture's ROA % falls into.
* 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 (Feb. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Cobra Venture (TSXV:CBV) has a ROA % of -38.90% as of Feb. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Cobra Venture and its competitors.
Is Cobra Venture's ROA % too high?
Cobra Venture's current ROA % is -38.90%. Overall, Cobra Venture has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does Cobra Venture's ROA % compare to COP and EOG?
Cobra Venture's ROA % of -38.90% can be compared against companies in the Oil & Gas industry. The industry median ROA % is 1.89. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Oil & Gas company?
The median ROA % among Oil & Gas companies is 1.89, based on 1,025 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Cobra Venture and its competitors. For the Oil & Gas industry, the median ROA % is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cobra Venture's current ROA % is -38.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cobra Venture stock overvalued right now?
Cobra Venture (TSXV:CBV) has a current ROA % of -38.90%. The stock's GF Value™ is C$0.12, compared to a current price of C$1.40 — trading 1066.7% above its estimated fair value. The current ROA % is -38.90%. Cobra Venture's overall GF Score™ is 27/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Cobra Venture (TSXV:CBV), the current ROA % is -38.90% as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Cobra Venture (TSXV:CBV) Overvalued in 2026?
Based on GuruFocus' analysis, Cobra Venture stock appears to be overvalued.
The current stock price of C$1.40 is trading 1066.7% above its estimated GF Value™ of C$0.12.
Key valuation signals for TSXV:CBV:
ROA %: -38.90%
GF Value™: C$0.12 vs. price of C$1.40 (1066.7% above fair value)
No single metric tells the full story. See the TSXV:CBV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cobra Venture Corp is a junior oil and gas company that is focused on the exploration and development of petroleum and natural gas interests in Canada. The company's properties are the San Joaquin Basin Project, California, and Gull Lake, Saskatchewan. The company operates in one business segment, being the exploration and development of oil and gas interests, in Canada.
27GF Score
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