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Quizam Media (XCNQ:QQ) ROA % : -6.74% (As of Aug. 2024)


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What is Quizam Media ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Quizam Media's annualized Net Income for the quarter that ended in Aug. 2024 was C$-0.16 Mil. Quizam Media's average Total Assets over the quarter that ended in Aug. 2024 was C$2.32 Mil. Therefore, Quizam Media's annualized ROA % for the quarter that ended in Aug. 2024 was -6.74%.

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

XCNQ:QQ' s ROA % Range Over the Past 10 Years
Min: -1721.38   Med: -284.62   Max: -28.39
Current: -28.39

During the past 13 years, Quizam Media's highest ROA % was -28.39%. The lowest was -1721.38%. And the median was -284.62%.

XCNQ:QQ's ROA % is ranked worse than
83.16% of 588 companies
in the Interactive Media industry
Industry Median: -1.54 vs XCNQ:QQ: -28.39

Quizam Media ROA % Historical Data

The historical data trend for Quizam Media'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.

Quizam Media ROA % Chart

Quizam Media Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -235.51 -126.14 -101.02 -30.97 -29.29

Quizam Media Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 -16.84 -49.79 -20.15 -37.33 -6.74

Competitive Comparison of Quizam Media's ROA %

For the Internet Content & Information subindustry, Quizam Media'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.


Quizam Media's ROA % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Quizam Media's ROA % distribution charts can be found below:

* The bar in red indicates where Quizam Media's ROA % falls into.



Quizam Media ROA % Calculation

Quizam Media's annualized ROA % for the fiscal year that ended in May. 2024 is calculated as:

ROA %=Net Income (A: May. 2024 )/( (Total Assets (A: May. 2023 )+Total Assets (A: May. 2024 ))/ count )
=-0.71/( (2.499+2.349)/ 2 )
=-0.71/2.424
=-29.29 %

Quizam Media's annualized ROA % for the quarter that ended in Aug. 2024 is calculated as:

ROA %=Net Income (Q: Aug. 2024 )/( (Total Assets (Q: May. 2024 )+Total Assets (Q: Aug. 2024 ))/ count )
=-0.156/( (2.349+2.282)/ 2 )
=-0.156/2.3155
=-6.74 %

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


Quizam Media  (XCNQ:QQ) 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: Aug. 2024 )
=Net Income/Total Assets
=-0.156/2.3155
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.156 / 7.056)*(7.056 / 2.3155)
=Net Margin %*Asset Turnover
=-2.21 %*3.0473
=-6.74 %

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


Quizam Media ROA % Related Terms

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Quizam Media Business Description

Traded in Other Exchanges
Address
609 Granville Street, Po Box 10381, Suite 650, Vancouver, BC, CAN, V7Y 1G6
Quizam Media Corp is a company whose principal business activities consist of providing computer training and consulting services, marketing of a computer-based educational program, film production and cannabis retail sales. The Company derives revenue from two industries, Software and Cannabis. Software includes revenue from training services, software sales and licensing sales. Cannabis includes retail product sales and consulting fee revenue. The company does its sales via geographical segments that include Canada, USA and Europe. The majority of its revenue is derived from Canada.
Executives
Russ Rossi Senior Officer

Quizam Media Headlines

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