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Blockchain Coinvestors Acquisition I (Blockchain Coinvestors Acquisition I) ROA % : 26.65% (As of Mar. 2024)


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What is Blockchain Coinvestors Acquisition I ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Blockchain Coinvestors Acquisition I's annualized Net Income for the quarter that ended in Mar. 2024 was $7.41 Mil. Blockchain Coinvestors Acquisition I's average Total Assets over the quarter that ended in Mar. 2024 was $27.81 Mil. Therefore, Blockchain Coinvestors Acquisition I's annualized ROA % for the quarter that ended in Mar. 2024 was 26.65%.

The historical rank and industry rank for Blockchain Coinvestors Acquisition I's ROA % or its related term are showing as below:

BCSA' s ROA % Range Over the Past 10 Years
Min: 3.03   Med: 3.31   Max: 24.41
Current: 24.41

During the past 3 years, Blockchain Coinvestors Acquisition I's highest ROA % was 24.41%. The lowest was 3.03%. And the median was 3.31%.

BCSA's ROA % is ranked better than
99.19% of 617 companies
in the Diversified Financial Services industry
Industry Median: -0.8 vs BCSA: 24.41

Blockchain Coinvestors Acquisition I ROA % Historical Data

The historical data trend for Blockchain Coinvestors Acquisition I'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.

Blockchain Coinvestors Acquisition I ROA % Chart

Blockchain Coinvestors Acquisition I Annual Data
Trend Dec21 Dec22 Dec23
ROA %
- 3.03 3.59

Blockchain Coinvestors Acquisition I Quarterly Data
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 0.16 7.41 4.46 64.44 26.65

Competitive Comparison of Blockchain Coinvestors Acquisition I's ROA %

For the Shell Companies subindustry, Blockchain Coinvestors Acquisition I'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.


Blockchain Coinvestors Acquisition I's ROA % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Blockchain Coinvestors Acquisition I's ROA % distribution charts can be found below:

* The bar in red indicates where Blockchain Coinvestors Acquisition I's ROA % falls into.



Blockchain Coinvestors Acquisition I ROA % Calculation

Blockchain Coinvestors Acquisition I'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 )
=6.08/( (310.903+27.807)/ 2 )
=6.08/169.355
=3.59 %

Blockchain Coinvestors Acquisition I'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 )
=7.412/( (27.807+27.808)/ 2 )
=7.412/27.8075
=26.65 %

* 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.


Blockchain Coinvestors Acquisition I  (NAS:BCSA) 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
=7.412/27.8075
=(Net Income / Revenue)*(Revenue / Total Assets)
=(7.412 / 0)*(0 / 27.8075)
=Net Margin %*Asset Turnover
=N/A %*0
=26.65 %

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.


Blockchain Coinvestors Acquisition I ROA % Related Terms

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Blockchain Coinvestors Acquisition I (Blockchain Coinvestors Acquisition I) Business Description

Traded in Other Exchanges
N/A
Address
Boundary Hall, Cricket Square, PO Box 1093, Grand Cayman, CYM, KY1-1102
Blockchain Coinvestors Acquisition Corp I is a blank check company.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Mitchell Mechigian officer: Chief Financial Officer P.O. BOX 1093, BOUNDRY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Alison Davis 10 percent owner, officer: Managing Director 255 FISERV DRIVE, BROOKFIELD WI 53045
Lou Kerner director, 10 percent owner, officer: Managing Director and CEO P.O. BOX 1093, BOUNDRY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Wiel Colin T. director P.O. BOX 1093, BOUNDRY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Le Merle Matthew C director, 10 percent owner, officer: Managing Director and Chair 4545 PARADISE DRIVE, TIBURON CA 94920
Blockchain Coinvestors Acquisition Sponsors I Llc 10 percent owner 1120 NW COUCH STREET, 10TH FLOOR, PORTLAND OR 97209
Gary Lloyd Cookhorn director P.O. BOX 1093, BOUNDRY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102
Rebecca Lynn Macieira-kaufmann director P.O. BOX 1093, BOUNDRY HALL, CRICKET SQUARE, GRAND CAYMAN E9 KY1-1102

Blockchain Coinvestors Acquisition I (Blockchain Coinvestors Acquisition I) Headlines