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Mission Ready Solutions (Mission Ready Solutions) ROA % : -134.90% (As of Mar. 2023)


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What is Mission Ready Solutions ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Mission Ready Solutions's annualized Net Income for the quarter that ended in Mar. 2023 was $-2.40 Mil. Mission Ready Solutions's average Total Assets over the quarter that ended in Mar. 2023 was $1.78 Mil. Therefore, Mission Ready Solutions's annualized ROA % for the quarter that ended in Mar. 2023 was -134.90%.

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

MSNVF's ROA % is not ranked *
in the Aerospace & Defense industry.
Industry Median: 2.155
* Ranked among companies with meaningful ROA % only.

Mission Ready Solutions ROA % Historical Data

The historical data trend for Mission Ready Solutions'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.

Mission Ready Solutions ROA % Chart

Mission Ready Solutions Annual Data
Trend Oct13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -116.81 -49.58 -4.44 -2.29 -125.94

Mission Ready Solutions Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 4.06 -28.97 -34.54 -613.01 -134.90

Competitive Comparison of Mission Ready Solutions's ROA %

For the Aerospace & Defense subindustry, Mission Ready Solutions'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.


Mission Ready Solutions's ROA % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Mission Ready Solutions's ROA % distribution charts can be found below:

* The bar in red indicates where Mission Ready Solutions's ROA % falls into.



Mission Ready Solutions ROA % Calculation

Mission Ready Solutions's annualized ROA % for the fiscal year that ended in Dec. 2022 is calculated as:

ROA %=Net Income (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=-16.564/( (24.321+1.983)/ 2 )
=-16.564/13.152
=-125.94 %

Mission Ready Solutions's annualized ROA % for the quarter that ended in Mar. 2023 is calculated as:

ROA %=Net Income (Q: Mar. 2023 )/( (Total Assets (Q: Dec. 2022 )+Total Assets (Q: Mar. 2023 ))/ count )
=-2.404/( (1.983+1.581)/ 2 )
=-2.404/1.782
=-134.90 %

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


Mission Ready Solutions  (OTCPK:MSNVF) 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. 2023 )
=Net Income/Total Assets
=-2.404/1.782
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.404 / 2.852)*(2.852 / 1.782)
=Net Margin %*Asset Turnover
=-84.29 %*1.6004
=-134.90 %

Note: The Net Income data used here is four times the quarterly (Mar. 2023) net income data. The Revenue data used here is four times the quarterly (Mar. 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.


Mission Ready Solutions ROA % Related Terms

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Mission Ready Solutions (Mission Ready Solutions) Business Description

Traded in Other Exchanges
N/A
Address
1681 Chestnut Street, Suite 400, Vancouver, BC, CAN, V6J 4M6
Mission Ready Solutions Inc provides comprehensive government contracting solutions with extensive experience in delivering quality, reliable, mission-critical products and services for law enforcement, firefighters, first responders, the military, and other governmental agencies. Its wholly-owned subsidiary, Unifire Inc, leverages its robust vendor network, industry relationships, proprietary technology infrastructure, and manufacturing and distribution capabilities to efficiently source and deliver more than 1.5 million products. The company has two reportable business segments in the defense, security, and first-responder markets: consulting and manufacturer representation; and inspection, cleaning, and repair services of protective services gear.