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Advanced Container Technologies (Advanced Container Technologies) ROA % : -37.43% (As of Sep. 2022)


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What is Advanced Container Technologies ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Advanced Container Technologies's annualized Net Income for the quarter that ended in Sep. 2022 was $-1.61 Mil. Advanced Container Technologies's average Total Assets over the quarter that ended in Sep. 2022 was $4.30 Mil. Therefore, Advanced Container Technologies's annualized ROA % for the quarter that ended in Sep. 2022 was -37.43%.

The historical rank and industry rank for Advanced Container Technologies's ROA % or its related term are showing as below:

ACTX's ROA % is not ranked *
in the Packaging & Containers industry.
Industry Median: 3.27
* Ranked among companies with meaningful ROA % only.

Advanced Container Technologies ROA % Historical Data

The historical data trend for Advanced Container Technologies'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.

Advanced Container Technologies ROA % Chart

Advanced Container Technologies Annual Data
Trend Jun00 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -82.93 -78.62 -50.97 -16.51 -20.24

Advanced Container Technologies Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 6.13 -30.31 -17.53 -27.35 -37.43

Competitive Comparison of Advanced Container Technologies's ROA %

For the Packaging & Containers subindustry, Advanced Container Technologies'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.


Advanced Container Technologies's ROA % Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Advanced Container Technologies's ROA % distribution charts can be found below:

* The bar in red indicates where Advanced Container Technologies's ROA % falls into.



Advanced Container Technologies ROA % Calculation

Advanced Container Technologies's annualized ROA % for the fiscal year that ended in Dec. 2021 is calculated as:

ROA %=Net Income (A: Dec. 2021 )/( (Total Assets (A: Dec. 2020 )+Total Assets (A: Dec. 2021 ))/ count )
=-0.845/( (4.326+4.025)/ 2 )
=-0.845/4.1755
=-20.24 %

Advanced Container Technologies's annualized ROA % for the quarter that ended in Sep. 2022 is calculated as:

ROA %=Net Income (Q: Sep. 2022 )/( (Total Assets (Q: Jun. 2022 )+Total Assets (Q: Sep. 2022 ))/ count )
=-1.608/( (3.967+4.625)/ 2 )
=-1.608/4.296
=-37.43 %

* 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 (Sep. 2022) net income data. ROA % is displayed in the 30-year financial page.


Advanced Container Technologies  (OTCPK:ACTX) 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: Sep. 2022 )
=Net Income/Total Assets
=-1.608/4.296
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.608 / 2.536)*(2.536 / 4.296)
=Net Margin %*Asset Turnover
=-63.41 %*0.5903
=-37.43 %

Note: The Net Income data used here is four times the quarterly (Sep. 2022) net income data. The Revenue data used here is four times the quarterly (Sep. 2022) 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.


Advanced Container Technologies ROA % Related Terms

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Advanced Container Technologies (Advanced Container Technologies) Business Description

Traded in Other Exchanges
N/A
Address
1620 Commerce Street, Suite A, Corona, CA, USA, 92878
Advanced Container Technologies Inc is in the business of selling and marketing proprietary plastic medical grade containers in the United States. The company's flagship product is Medtainer, which can store grind and shred pharmaceuticals, herbs, teas, and other solids or liquids. It's another product is GrowPods, which are specially modified insulated shipping containers in which plants, herbs, and spices may be grown hydroponically in a controlled environment. Its other products include Humidity pack inserts, Plastic lighter holders, Jars, and Lighters.