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Heritage-Crystal Clean (Heritage-Crystal Clean) ROA % : 4.26% (As of Jun. 2023)


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What is Heritage-Crystal Clean ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Heritage-Crystal Clean's annualized Net Income for the quarter that ended in Jun. 2023 was $34.6 Mil. Heritage-Crystal Clean's average Total Assets over the quarter that ended in Jun. 2023 was $811.9 Mil. Therefore, Heritage-Crystal Clean's annualized ROA % for the quarter that ended in Jun. 2023 was 4.26%.

The historical rank and industry rank for Heritage-Crystal Clean's ROA % or its related term are showing as below:

HCCI' s ROA % Range Over the Past 10 Years
Min: -2.62   Med: 2.38   Max: 12.83
Current: 10.12

During the past 13 years, Heritage-Crystal Clean's highest ROA % was 12.83%. The lowest was -2.62%. And the median was 2.38%.

HCCI's ROA % is not ranked
in the Waste Management industry.
Industry Median: 2.14 vs HCCI: 10.12

Heritage-Crystal Clean ROA % Historical Data

The historical data trend for Heritage-Crystal Clean'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.

Heritage-Crystal Clean ROA % Chart

Heritage-Crystal Clean Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.45 2.04 2.56 12.33 12.83

Heritage-Crystal Clean Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 14.80 13.87 14.20 8.27 4.26

Competitive Comparison of Heritage-Crystal Clean's ROA %

For the Waste Management subindustry, Heritage-Crystal Clean'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.


Heritage-Crystal Clean's ROA % Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Heritage-Crystal Clean's ROA % distribution charts can be found below:

* The bar in red indicates where Heritage-Crystal Clean's ROA % falls into.



Heritage-Crystal Clean ROA % Calculation

Heritage-Crystal Clean'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 )
=84.759/( (526.864+794.241)/ 2 )
=84.759/660.5525
=12.83 %

Heritage-Crystal Clean's annualized ROA % for the quarter that ended in Jun. 2023 is calculated as:

ROA %=Net Income (Q: Jun. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Jun. 2023 ))/ count )
=34.568/( (811.008+812.791)/ 2 )
=34.568/811.8995
=4.26 %

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


Heritage-Crystal Clean  (NAS:HCCI) 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: Jun. 2023 )
=Net Income/Total Assets
=34.568/811.8995
=(Net Income / Revenue)*(Revenue / Total Assets)
=(34.568 / 768.664)*(768.664 / 811.8995)
=Net Margin %*Asset Turnover
=4.5 %*0.9467
=4.26 %

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


Heritage-Crystal Clean ROA % Related Terms

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Heritage-Crystal Clean (Heritage-Crystal Clean) Business Description

Traded in Other Exchanges
N/A
Address
2000 Center Drive, Suite East C300, Hoffman Estates, IL, USA, 60123
Heritage-Crystal Clean In provides full-service parts cleaning, hazardous and non-hazardous bulk and containerized waste management, used oil collection, re-refining and lubricating base oil product sales, wastewater vacuum services, antifreeze collection, recycling and product sales, industrial and field services, and emergency and spill response services. It operates in two segments, Environmental Services, and Oil Business. The Environmental Services segment offers parts cleaning, containerized waste management, vacuum truck, and antifreeze recycling services, and the Oil Business segment collects used oil and sells recycled fuel oil, as well as engages in the re-refining of used oil into lubricant base oil and by-products.
Executives
Thompson Mary Patricia B director 651 S. STRATFORD DRIVE, SUITE 100, MERIDIAN ID 83642
Willmschen Robert W Jr director C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD, SUITE 375, ELGIN IL 60123
Fehsenfeld Fred M Jr director 2780 WATERFRONT PARKWAY E. DRIVE,, SUITE 200, INDIANAPOLIS IN 46214
Carmine Falcone director C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD, SUITE 375, ELGIN IL 60123
Brian Recatto director 117 THIBODEAUX DRIVE, LAFAYETTE LA 70503
Anthony R Chase director 10307 PACIFIC CENTER COURT, SAN DIEGO CA 92121
Ellie Bruce officer: VP Sales & Oil C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD, SUITE 375, ELGIN IL 60123
Mark Devita officer: Chief Financial Officer C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD. SIOTE 375, ELGIN IL 60123
John Lucks officer: Senior VP Sales & Marketing C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD, SUITE 375, ELGIN IL 60123
Schumacher Paul James Jr. director 10521 HUSSEY LANE, CARMEL IN 46032
Tom Hillstrom officer: VP of Operations C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD, SUITE 375, ELGIN IL 60123
Gregory Ray officer: COO C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD, SUITE 375, ELGIN IL 60123
Joseph Chalhoub director, officer: President and CEO C/O HERITAGE-CRYSTAL CLEAN, INC., 2175 POINT BOULEVARD, SUITE 375, ELGIN IL 60123
Charles E Schalliol director 300 NORTH MERIDIAN STREET, SUITE 950, INDIANAPOLIS IN 46204
Group Heritage 10 percent owner 5400 WEST 86TH STREET, P. O. BOX 68123, INDIANAPOLIS IN 46268

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