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Torrid Holdings (Torrid Holdings) ROA % : -3.30% (As of Jan. 2024)


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What is Torrid Holdings ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Torrid Holdings's annualized Net Income for the quarter that ended in Jan. 2024 was $-16 Mil. Torrid Holdings's average Total Assets over the quarter that ended in Jan. 2024 was $493 Mil. Therefore, Torrid Holdings's annualized ROA % for the quarter that ended in Jan. 2024 was -3.30%.

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

CURV' s ROA % Range Over the Past 10 Years
Min: -4.88   Med: 3.82   Max: 9.08
Current: 2.3

During the past 6 years, Torrid Holdings's highest ROA % was 9.08%. The lowest was -4.88%. And the median was 3.82%.

CURV's ROA % is ranked better than
50.81% of 1116 companies
in the Retail - Cyclical industry
Industry Median: 2.185 vs CURV: 2.30

Torrid Holdings ROA % Historical Data

The historical data trend for Torrid Holdings'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.

Torrid Holdings ROA % Chart

Torrid Holdings Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
ROA %
Get a 7-Day Free Trial 6.58 3.82 -4.88 9.08 2.31

Torrid Holdings Quarterly Data
Jan19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -2.82 9.06 5.26 -2.19 -3.30

Competitive Comparison of Torrid Holdings's ROA %

For the Apparel Retail subindustry, Torrid Holdings'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.


Torrid Holdings's ROA % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Torrid Holdings's ROA % distribution charts can be found below:

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



Torrid Holdings ROA % Calculation

Torrid Holdings's annualized ROA % for the fiscal year that ended in Jan. 2024 is calculated as:

ROA %=Net Income (A: Jan. 2024 )/( (Total Assets (A: Jan. 2023 )+Total Assets (A: Jan. 2024 ))/ count )
=11.619/( (527.264+476.947)/ 2 )
=11.619/502.1055
=2.31 %

Torrid Holdings's annualized ROA % for the quarter that ended in Jan. 2024 is calculated as:

ROA %=Net Income (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=-16.28/( (509.455+476.947)/ 2 )
=-16.28/493.201
=-3.30 %

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


Torrid Holdings  (NYSE:CURV) 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: Jan. 2024 )
=Net Income/Total Assets
=-16.28/493.201
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-16.28 / 1174.156)*(1174.156 / 493.201)
=Net Margin %*Asset Turnover
=-1.39 %*2.3807
=-3.30 %

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


Torrid Holdings ROA % Related Terms

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Torrid Holdings (Torrid Holdings) Business Description

Traded in Other Exchanges
N/A
Address
18501 East San Jose Avenue, City of Industry, CA, USA, 91748
Torrid Holdings Inc is a direct-to-consumer brand of apparel, intimates and accessories in North America targeting the 25- to 40-year old woman. It is focused on fit and offers high quality products across a broad assortment that includes tops, bottoms, denim, dresses, intimates, activewear, footwear and accessories. The company has one reportable segment, which includes the operation of e-Commerce platform and stores.
Executives
Valeria Rico Nikolov director C/O TORRID HOLDINGS INC., 18501 EAST SAN JOSE AVENUE, CITY OF INDUSTRY CA 91748
Mark Mizicko officer: Chief Commercial Officer 18305 E. SAN JOSE AVE., CITY OF INDUSTRY CA 91748
Paula Dempsey officer: See Remarks 18501 EAST SAN JOSE AVENUE, CITY OF INDUSTRY CA 91748
Theo Killion director C/O TOMMY HILFIGER U.S.A., INC., 25 W. 39TH STREET, NEW YORK NY 10018
Bridgett C. Zeterberg officer: See Remarks 18501 E. SAN JOSE AVENUE, CITY OF INDUSTRY CA 91748
Timothy O Martin officer: See Remarks AMGEN INC, ONE AMGEN CENTER DRIVE, THOUSAND OAKS CA 91320-1799
Michael A Shaffer director C/O PHILLIPS-VAN HEUSEN CORPORATION, 200 MADISON AVENUE, NEW YORK NY 10016
Chinwe Abaelu officer: See Remarks C/O TORRID INC., 18501 E. SAN JOSE AVE., CITY OF INDUSTRY CA 91748
Tanner Macdiarmid officer: See Remarks C/O TORRID INC., 18501 E. SAN JOSE AVE., CITY OF INDUSTRY CA 91748
Kelly Mcguire Diehl officer: See Remarks C/O TORRID INC., 18501 E. SAN JOSE AVE., CITY OF INDUSTRY CA 91748
Anne Stephenson officer: See Remarks C/O TORRID INC., 18501 E. SAN JOSE AVE., CITY OF INDUSTRY CA 91748
Elizabeth Munoz director, officer: Chief Executive Officer C/O TORRID INC., 18501 E. SAN JOSE AVE., CITY OF INDUSTRY CA 91748
Michael Robert Salmon officer: Chief Operating Officer C/O TORRID INC., 18501 E. SAN JOSE AVE., CITY OF INDUSTRY CA 91748
George Wehlitz officer: Chief Financial Officer C/O TORRID HOLDINGS, 18501 EAST SAN JOSE AVENUE, CITY OF INDUSTRY CA 91748
Sycamore Partners Torrid, L.l.c. 10 percent owner 9 W. 57TH STREET, 31ST FLOOR, NEW YORK NY 10019

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