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Alpineome Property Trust (Alpineome Property Trust) ROA % : -0.19% (As of Mar. 2024)


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What is Alpineome Property Trust ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Alpineome Property Trust's annualized Net Income for the quarter that ended in Mar. 2024 was $-1.04 Mil. Alpineome Property Trust's average Total Assets over the quarter that ended in Mar. 2024 was $561.79 Mil. Therefore, Alpineome Property Trust's annualized ROA % for the quarter that ended in Mar. 2024 was -0.19%.

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

PINE' s ROA % Range Over the Past 10 Years
Min: -0.12   Med: 2.42   Max: 5.51
Current: -0.12

During the past 7 years, Alpineome Property Trust's highest ROA % was 5.51%. The lowest was -0.12%. And the median was 2.42%.

PINE's ROA % is ranked worse than
71.22% of 806 companies
in the REITs industry
Industry Median: 2.15 vs PINE: -0.12

Alpineome Property Trust ROA % Historical Data

The historical data trend for Alpineome Property Trust'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.

Alpineome Property Trust ROA % Chart

Alpineome Property Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial - 0.46 2.60 5.51 0.51

Alpineome Property Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.35 0.06 -0.60 0.24 -0.19

Competitive Comparison of Alpineome Property Trust's ROA %

For the REIT - Retail subindustry, Alpineome Property Trust'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.


Alpineome Property Trust's ROA % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Alpineome Property Trust's ROA % distribution charts can be found below:

* The bar in red indicates where Alpineome Property Trust's ROA % falls into.



Alpineome Property Trust ROA % Calculation

Alpineome Property Trust'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 )
=2.917/( (573.431+564.56)/ 2 )
=2.917/568.9955
=0.51 %

Alpineome Property Trust's annualized ROA % for the quarter that ended in Mar. 2024 is calculated as:

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=-1.04/( (564.56+559.021)/ 2 )
=-1.04/561.7905
=-0.19 %

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


Alpineome Property Trust  (NYSE:PINE) 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. 2024 )
=Net Income/Total Assets
=-1.04/561.7905
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.04 / 49.864)*(49.864 / 561.7905)
=Net Margin %*Asset Turnover
=-2.09 %*0.0888
=-0.19 %

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


Alpineome Property Trust ROA % Related Terms

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Alpineome Property Trust (Alpineome Property Trust) Business Description

Traded in Other Exchanges
N/A
Address
1140 N. New York Avenue, Suite 201, Winter Park, FL, USA, 32789
Alpine Income Property Trust Inc is a real estate company. It owns and operates a portfolio of single-tenant commercial properties. The company's portfolio is comprised of single-tenant retail and office properties located in or in close proximity to MSAs, growth markets and other markets in the United States. The majority of the firm's revenue includes rental revenue derived from the ownership and leasing of property.
Executives
John P Albright director, officer: President and CEO PO BOX 10809, DAYTONA BEACH FL 32120
Decker Mark Okey Jr director 10414 NEW ASCOT DRIVE, GREAT FALLS VA 22066
Consolidated Tomoka Land Co 10 percent owner 369 N. NEW YORK AVE., SUITE 201, WINTER PARK FL 32789
Daniel Earl Smith officer: See Remarks P.O. BOX 10809, DAYTONA BEACH FL 32120
Wein Rachel Elias director PO BOX 10809, DAYTONA BEACH FL 32120
Matthew Morris Partridge officer: Sr. VP & CFO 70 E. LONG LAKE, BLOOMFIELD HILLS MI 48304
Lisa Vorakoun officer: VP & Chief Accounting Officer 1140 N. WILLIAMSON BLVD., SUITE 140, DAYTONA BEACH FL 32114
Steven Robert Greathouse officer: See Remarks PO BOX 10809, DAYTONA BEACH FL 32120
Mark E Patten officer: See Remarks PO BOX 10809, DAYTONA BEACH FL 32120
Andrew C Richardson director 527 MADISON AVENUE, 16TH FLOOR, NEW YORK NY 10022
Jeffrey Scott Yarckin director PO BOX 10809, DAYTONA BEACH FL 32120
Morton Carson Good director PO BOX 10809, DAYTONA BEACH FL 32120