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Agencja Rozwoju Innowacji (WAR:ARI) ROA % : 127.84% (As of Mar. 2024)


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What is Agencja Rozwoju Innowacji ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Agencja Rozwoju Innowacji's annualized Net Income for the quarter that ended in Mar. 2024 was zł0.12 Mil. Agencja Rozwoju Innowacji's average Total Assets over the quarter that ended in Mar. 2024 was zł0.10 Mil. Therefore, Agencja Rozwoju Innowacji's annualized ROA % for the quarter that ended in Mar. 2024 was 127.84%.

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

WAR:ARI' s ROA % Range Over the Past 10 Years
Min: -147.72   Med: -14.86   Max: 4.02
Current: -16.52

During the past 12 years, Agencja Rozwoju Innowacji's highest ROA % was 4.02%. The lowest was -147.72%. And the median was -14.86%.

WAR:ARI's ROA % is ranked worse than
90.7% of 1086 companies
in the Business Services industry
Industry Median: 3.46 vs WAR:ARI: -16.52

Agencja Rozwoju Innowacji ROA % Historical Data

The historical data trend for Agencja Rozwoju Innowacji'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.

Agencja Rozwoju Innowacji ROA % Chart

Agencja Rozwoju Innowacji Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -147.72 0.46 4.02 -105.77 -44.44

Agencja Rozwoju Innowacji Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -14.50 73.31 269.19 -521.27 127.84

Competitive Comparison of Agencja Rozwoju Innowacji's ROA %

For the Specialty Business Services subindustry, Agencja Rozwoju Innowacji'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.


Agencja Rozwoju Innowacji's ROA % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Agencja Rozwoju Innowacji's ROA % distribution charts can be found below:

* The bar in red indicates where Agencja Rozwoju Innowacji's ROA % falls into.



Agencja Rozwoju Innowacji ROA % Calculation

Agencja Rozwoju Innowacji'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 )
=-0.056/( (0.161+0.091)/ 2 )
=-0.056/0.126
=-44.44 %

Agencja Rozwoju Innowacji's annualized ROA % for the quarter that ended in Mar. 2024 is calculated as:

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=0.124/( (0.091+0.103)/ 2 )
=0.124/0.097
=127.84 %

* 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 (Mar. 2024) net income data. ROA % is displayed in the 30-year financial page.


Agencja Rozwoju Innowacji  (WAR:ARI) 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: Mar. 2024 )
=Net Income/Total Assets
=0.124/0.097
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.124 / 0.396)*(0.396 / 0.097)
=Net Margin %*Asset Turnover
=31.31 %*4.0825
=127.84 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 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.


Agencja Rozwoju Innowacji ROA % Related Terms

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Agencja Rozwoju Innowacji (WAR:ARI) Business Description

Traded in Other Exchanges
N/A
Address
ul. Ostrodzka 38, Wroclaw, POL, 54-116
Agencja Rozwoju Innowacji SA offers Financial, Consulting and Training services. Financial services include getting finance in the form of a loan or a subsidy. Consulting service offers Export development strategy, Thematic strategies, Market analysis. Whereas Training projects are addressed both to companies and local government units in the formula of open and closed training.