Zim (ZIMCF) ROA %: -27.49% (As of Sep. 2021)

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What is Zim ROA %?

Zim ZIMCF ROA % is -27.49% as of Sep. 2021.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Zim's annualized Net Income for the quarter that ended in Sep. 2021 was $-0.30 Mil. Zim's average Total Assets over the quarter that ended in Sep. 2021 was $1.11 Mil. Therefore, Zim's annualized ROA % for the quarter that ended in Sep. 2021 was -27.49%.

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

ZIMCF's ROA % is not ranked *
in the Biotechnology industry.
Industry Median: -32.84
* Ranked among companies with meaningful ROA % only.

Zim  (OTCPK:ZIMCF) 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: Sep. 2021 )
=Net Income/Total Assets
=-0.304/1.106
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.304 / 0)*(0 / 1.106)
=Net Margin %*Asset Turnover
=N/A %*0
=-27.49 %

Note: The Net Income data used here is four times the quarterly (Sep. 2021) net income data. The Revenue data used here is four times the quarterly (Sep. 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.


Zim ROA % Related Terms


Zim ROA % Historical Data

* Premium members only.

The historical data trend for Zim'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.

Zim ROA % Chart

Zim Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.89 -4.84 59.46 -0.63 -6.17

Zim Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 -19.72 -9.45 141.41 -15.64 -27.49

ZIMCF vs MAPT, FSSN, TGHI: ROA % Comparison

For the Biotechnology subindustry, Zim'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.


Zim ROA % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Zim's ROA % distribution charts can be found below:

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



Zim ROA % Calculation

Zim's annualized ROA % for the fiscal year that ended in Mar. 2021 is calculated as:

ROA %=Net Income (A: Mar. 2021 )/( (Total Assets (A: Mar. 2020 )+Total Assets (A: Mar. 2021 ))/ count )
=-0.077/( (1.334+1.161)/ 2 )
=-0.077/1.2475
=-6.17 %

Zim's annualized ROA % for the quarter that ended in Sep. 2021 is calculated as:

ROA %=Net Income (Q: Sep. 2021 )/( (Total Assets (Q: Jun. 2021 )+Total Assets (Q: Sep. 2021 ))/ count )
=-0.304/( (1.141+1.071)/ 2 )
=-0.304/1.106
=-27.49 %

* 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. 2021) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of -27.49% mean?
Zim (ZIMCF) has a ROA % of -27.49% as of Sep. 2021. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Zim and its competitors.
Is Zim's ROA % too high?
Zim's current ROA % is -27.49%.
How does Zim's ROA % compare to MAPT and FSSN?
Zim's ROA % of -27.49% can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for a Biotechnology company?
A good ROA % depends on the Biotechnology industry context. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Zim and its competitors. Zim's current ROA % is -27.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zim stock overvalued right now?
Zim (ZIMCF) has a current ROA % of -27.49%. The current ROA % is -27.49%. 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 Zim (ZIMCF), the current ROA % is -27.49% as of Sep. 2021. 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.

Zim Business Description

Address 20 Colonade Road, Suite 200, Ottawa, ON, CAN, K2E 7M2
Zim Corp has sold its operations and is currently focused on biomedical research. The company focused all of its resources on developing intellectual property and advancing research and development in the areas of new synthetic drugs and immunotherapies. It generates geographic revenue from Canada.