Elektrokrajina AD (XBLB:EKBL-R-A) ROA %: 0.44% (As of Dec. 2023)

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What is Elektrokrajina AD ROA %?

Elektrokrajina AD XBLB:EKBL-R-A ROA % is 0.44% as of Dec. 2023.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Elektrokrajina AD's annualized Net Income for the quarter that ended in Dec. 2023 was BAM2.2 Mil. Elektrokrajina AD's average Total Assets over the quarter that ended in Dec. 2023 was BAM509.4 Mil. Therefore, Elektrokrajina AD's annualized ROA % for the quarter that ended in Dec. 2023 was 0.44%.

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

XBLB:EKBL-R-A's ROA % is not ranked *
in the Utilities - Regulated industry.
Industry Median: 3.06
* Ranked among companies with meaningful ROA % only.

Elektrokrajina AD  (XBLB:EKBL-R-A) 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. 2023 )
=Net Income/Total Assets
=2.231/509.438
=(Net Income / Revenue)*(Revenue / Total Assets)
=(2.231 / 149.98)*(149.98 / 509.438)
=Net Margin %*Asset Turnover
=1.49 %*0.2944
=0.44 %

Note: The Net Income data used here is one times the annual (Dec. 2023) net income data. The Revenue data used here is one times the annual (Dec. 2023) 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.


Elektrokrajina AD ROA % Related Terms


Elektrokrajina AD ROA % Historical Data

* Premium members only.

The historical data trend for Elektrokrajina AD'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.

Elektrokrajina AD ROA % Chart

Elektrokrajina AD Annual Data
Trend Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial 0.25 0.10 0.00 0.12 0.44

Elektrokrajina AD Semi-Annual Data
Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
ROA % Get a 7-Day Free Trial 0.25 0.10 0.00 0.12 0.44

XBLB:EKBL-R-A vs NEE, SO, DUK: ROA % Comparison

For the Utilities - Regulated Electric subindustry, Elektrokrajina AD'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.


Elektrokrajina AD ROA % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Elektrokrajina AD's ROA % distribution charts can be found below:

* The bar in red indicates where Elektrokrajina AD's ROA % falls into.



Elektrokrajina AD ROA % Calculation

Elektrokrajina AD'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 )
=2.231/( (508.801+510.075)/ 2 )
=2.231/509.438
=0.44 %

Elektrokrajina AD's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Dec. 2023 ))/ count )
=2.231/( (508.801+510.075)/ 2 )
=2.231/509.438
=0.44 %

* 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. 2023) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 0.44% mean?
Elektrokrajina AD (XBLB:EKBL-R-A) has a ROA % of 0.44% as of Dec. 2023. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Elektrokrajina AD and its competitors.
Is Elektrokrajina AD's ROA % too high?
Elektrokrajina AD's current ROA % is 0.44%. The Utilities - Regulated industry median ROA % is 3.06. Elektrokrajina AD's value of 0.44% is 85.6% below this industry median.
How does Elektrokrajina AD's ROA % compare to NEE and SO?
Elektrokrajina AD's ROA % of 0.44% can be compared against companies in the Utilities - Regulated industry. The industry median ROA % is 3.06. Elektrokrajina AD's value of 0.44% is 85.6% below this benchmark. 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 Utilities - Regulated company?
The median ROA % among Utilities - Regulated companies is 3.06, based on 510 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. Elektrokrajina AD's current ROA % of 0.44% is 85.6% below the industry median. 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 Elektrokrajina AD and its competitors. For the Utilities - Regulated industry, the median ROA % is 3.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elektrokrajina AD's current ROA % is 0.44%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elektrokrajina AD stock overvalued right now?
Elektrokrajina AD (XBLB:EKBL-R-A) has a current ROA % of 0.44%. The current ROA % is 0.44% and 85.6% below the Utilities - Regulated industry median of 3.06. 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 Elektrokrajina AD (XBLB:EKBL-R-A), the current ROA % is 0.44% as of Dec. 2023. 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.

Elektrokrajina AD Business Description

Address 95 Kralja Petra I Karayoryeviya Street, Banja Luka, BIH, 78000
Elektrokrajina AD is an electricity distribution company operating in Bosnia and Herzegovina. The activities of the company include distribution and supply of electricity and designing power facilities as well as building and maintaining them.