ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Visium Technologies's annualizedNet Income for the quarter that ended in Sep. 2024 was $1.31 Mil.
Visium Technologies's average Total Assets over the quarter that ended in Sep. 2024 was $0.01 Mil. Therefore, Visium Technologies's annualized ROA % for the quarter that ended in Sep. 2024 was 16,350.00%.
The historical rank and industry rank for Visium Technologies's ROA % or its related term are showing as below:
VISM'
s ROA % Range Over the Past 10 Years
Min: -88000 Med: -9006.94 Max: 15850
Current: -5450
During the past 13 years, Visium Technologies's highest ROA % was 15850.00%. The lowest was -88000.00%. And the median was -9006.94%.
VISM's ROA % is ranked worse than 99.93% of 2816
companies
in the Software industry
Industry Median: 1.53
vs VISM: -5450.00
Visium Technologies ROA % Historical Data
The historical data trend for Visium Technologies'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.
Competitive Comparison of Visium Technologies's ROA %
For the Software - Infrastructure subindustry, Visium Technologies'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.
Visium Technologies's ROA % Distribution in the Software Industry
For the Software industry and Technology sector, Visium Technologies's ROA % distribution charts can be found below:
* The bar in red indicates where Visium Technologies's ROA % falls into.
Visium Technologies ROA % Calculation
Visium Technologies's annualized ROA % for the fiscal year that ended in Jun. 2024 is calculated as:
* 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.
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 (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.
Visium Technologies ROA % Related Terms
Thank you for viewing the detailed overview of Visium Technologies's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.
Visium Technologies Inc is focused on providing innovative cybersecurity solutions to businesses which protect and secure the operating landscape of the enterprise and their data assets. The Company operates in one business segment which technologies are focused on cybersecurity. The company's focus is on test and measurement, test and evaluation, and cybersecurity solutions to protect connected devices (Internet of Things, or "IoT" and Industrial Internet of Things "IIoT"). This includes securing industrial systems from penetration. The company do this through a proprietary IoT test platform which it calls the Cyber Physical Test Bench, and by visualizing and prioritizing remediation of technology risks.
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