GURUFOCUS.COM » STOCK LIST » Technology » Software » Katapult Holdings Inc (NAS:KPLT) » Definitions » ROA %

Katapult Holdings (Katapult Holdings) ROA % : -71.78% (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Katapult Holdings ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Katapult Holdings's annualized Net Income for the quarter that ended in Dec. 2023 was $-72.9 Mil. Katapult Holdings's average Total Assets over the quarter that ended in Dec. 2023 was $101.6 Mil. Therefore, Katapult Holdings's annualized ROA % for the quarter that ended in Dec. 2023 was -71.78%.

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

KPLT' s ROA % Range Over the Past 10 Years
Min: -33.61   Med: -6.74   Max: 16.11
Current: -33.61

During the past 5 years, Katapult Holdings's highest ROA % was 16.11%. The lowest was -33.61%. And the median was -6.74%.

KPLT's ROA % is ranked worse than
85.2% of 2824 companies
in the Software industry
Industry Median: 1.015 vs KPLT: -33.61

Katapult Holdings ROA % Historical Data

The historical data trend for Katapult 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.

Katapult Holdings ROA % Chart

Katapult Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
- 16.11 13.86 -27.33 -31.76

Katapult Holdings Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -45.45 -30.79 -24.15 -11.21 -71.78

Competitive Comparison of Katapult Holdings's ROA %

For the Software - Infrastructure subindustry, Katapult 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.


Katapult Holdings's ROA % Distribution in the Software Industry

For the Software industry and Technology sector, Katapult Holdings's ROA % distribution charts can be found below:

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



Katapult Holdings ROA % Calculation

Katapult Holdings's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=-36.666/( (130.052+100.862)/ 2 )
=-36.666/115.457
=-31.76 %

Katapult Holdings's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-72.912/( (102.303+100.862)/ 2 )
=-72.912/101.5825
=-71.78 %

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


Katapult Holdings  (NAS:KPLT) 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: Dec. 2023 )
=Net Income/Total Assets
=-72.912/101.5825
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-72.912 / 224.364)*(224.364 / 101.5825)
=Net Margin %*Asset Turnover
=-32.5 %*2.2087
=-71.78 %

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


Katapult Holdings ROA % Related Terms

Thank you for viewing the detailed overview of Katapult Holdings's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Katapult Holdings (Katapult Holdings) Business Description

Traded in Other Exchanges
N/A
Address
5204 Tennyson Parkway, Suite 500, Plano, TX, USA, 75024
Katapult Holdings Inc is a technology driven lease-to-own platform that integrates with omni-channel retailers and e-commerce platforms to power the purchase of everyday durable goods for underserved U.S. non-prime consumers. It is an eCommerce-focused FinTech company offering an innovative lease-purchase solution to consumers and enabling essential transactions at the merchant point of sale. Katapult is associated with hundreds of retailers across the United States.
Executives
Orlando Zayas director, officer: Chief Executive Officer 5204 TENNYSON PKWY, SUITE 500, PLANO TX 75024
Chandan Chopra officer: CHIEF TECHNOLOGY OFFICER 5204 TENNYSON PKWY, SUITE 500, PLANO TX 75024
Bruce Taragin director 5204 TENNYSON PKWY, SUITE 500, PLANO TX 75024
Nancy A Walsh officer: Chief Financial Officer LL FLOORING HOLDINGS, INC., 4901 BAKERS MILL LANE, RICHMOND VA 23230
Jane J. Thompson director 628 GREEN VALLEY ROAD, SUITE 500, GREENSBORO NC 27408
Brian Hirsch director C/O ACV AUCTIONS INC., 640 ELLICOTT STREET, #321, BUFFALO NY 14203
Lee Einbinder director, officer: CEO 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Fangqui Sun officer: CHIEF RISK OFFICER 5204 TENNYSON PKWY, SUITE 500, PLANO TX 75024
Karissa Cupito officer: Chief Financial Officer 5204 TENNYSON PKWY, SUITE 500, PLANO TX 75024
Joyce Ann Phillips director 1370 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Curo Financial Technologies Corp. director, 10 percent owner 3615 N. RIDGE ROAD, WICHITA KS 67205
Donald Gayhardt director DOLLAR FINANCIAL CORP., 1436 LANCASTER AVE., BERWYN PA 19312
Christopher A Masto director C/O FREIDMAN FLEISCHER & LOWE, ONE MARITIME PLZ 10TH PLZ, SAN FRANCISCO CA 94111
Christopher Towers officer: CHIEF ACCOUNTING OFFICER 1981 MARCUS AVENUE, SUITE 130, LAKE SUCCESS NY 11042
Maloney Tahmineh officer: GENERAL COUNSEL 5204 TENNYSON PKWY, SUITE 500, PLANO TX 75024

Katapult Holdings (Katapult Holdings) Headlines