GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sajkaska fabrika secera a.d (XBEL:SJKS) » Definitions » ROA %

Sajkaska fabrika secera a.d (XBEL:SJKS) ROA % : -11.28% (As of Dec. 2021)


View and export this data going back to 2007. Start your Free Trial

What is Sajkaska fabrika secera a.d ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Sajkaska fabrika secera a.d's annualized Net Income for the quarter that ended in Dec. 2021 was RSD-186.87 Mil. Sajkaska fabrika secera a.d's average Total Assets over the quarter that ended in Dec. 2021 was RSD1,657.31 Mil. Therefore, Sajkaska fabrika secera a.d's annualized ROA % for the quarter that ended in Dec. 2021 was -11.28%.

The historical rank and industry rank for Sajkaska fabrika secera a.d's ROA % or its related term are showing as below:

XBEL:SJKS's ROA % is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 3.005
* Ranked among companies with meaningful ROA % only.

Sajkaska fabrika secera a.d ROA % Historical Data

The historical data trend for Sajkaska fabrika secera a.d'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.

Sajkaska fabrika secera a.d ROA % Chart

Sajkaska fabrika secera a.d Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.56 -11.84 -15.13 -10.36 -11.28

Sajkaska fabrika secera a.d Semi-Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.56 -11.84 -15.13 -10.36 -11.28

Competitive Comparison of Sajkaska fabrika secera a.d's ROA %

For the Confectioners subindustry, Sajkaska fabrika secera a.d'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.


Sajkaska fabrika secera a.d's ROA % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Sajkaska fabrika secera a.d's ROA % distribution charts can be found below:

* The bar in red indicates where Sajkaska fabrika secera a.d's ROA % falls into.



Sajkaska fabrika secera a.d ROA % Calculation

Sajkaska fabrika secera a.d's annualized ROA % for the fiscal year that ended in Dec. 2021 is calculated as:

ROA %=Net Income (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=-186.867/( (1679.094+1635.522)/ 2 )
=-186.867/1657.308
=-11.28 %

Sajkaska fabrika secera a.d's annualized ROA % for the quarter that ended in Dec. 2021 is calculated as:

ROA %=Net Income (Q: Dec. 2021 )/( (Total Assets (Q: Dec. 2020 )+Total Assets (Q: Dec. 2021 ))/ count )
=-186.867/( (1679.094+1635.522)/ 2 )
=-186.867/1657.308
=-11.28 %

* 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 one times the annual (Dec. 2021) net income data. ROA % is displayed in the 30-year financial page.


Sajkaska fabrika secera a.d  (XBEL:SJKS) 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. 2021 )
=Net Income/Total Assets
=-186.867/1657.308
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-186.867 / 42.383)*(42.383 / 1657.308)
=Net Margin %*Asset Turnover
=-440.9 %*0.0256
=-11.28 %

Note: The Net Income data used here is one times the annual (Dec. 2021) net income data. The Revenue data used here is one times the annual (Dec. 2021) 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.


Sajkaska fabrika secera a.d ROA % Related Terms

Thank you for viewing the detailed overview of Sajkaska fabrika secera a.d's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Sajkaska fabrika secera a.d (XBEL:SJKS) Business Description

Traded in Other Exchanges
N/A
Address
Industrial Zone - Curuska Put No. 3, Zabalj, SRB, 21230
Sajkaska fabrika secera a.d is engaged in the business of manufacturing sugar.

Sajkaska fabrika secera a.d (XBEL:SJKS) Headlines

No Headlines