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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. BlackSky Technology's annualized Net Income for the quarter that ended in Dec. 2023 was $-15.15 Mil. BlackSky Technology's average Total Assets over the quarter that ended in Dec. 2023 was $218.43 Mil. Therefore, BlackSky Technology's annualized ROA % for the quarter that ended in Dec. 2023 was -6.94%.
The historical rank and industry rank for BlackSky Technology's ROA % or its related term are showing as below:
During the past 4 years, BlackSky Technology's highest ROA % was -16.29%. The lowest was -115.41%. And the median was -25.50%.
The historical data trend for BlackSky Technology'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.
BlackSky Technology Annual Data | |||||||||
Trend | Dec20 | Dec21 | Dec22 | Dec23 | |||||
ROA % | -16.29 | -115.41 | -27.48 | -23.51 |
BlackSky Technology Quarterly Data | ||||||||||||||
Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
ROA % | Get a 7-Day Free Trial | -24.76 | -29.14 | -56.98 | 1.22 | -6.94 |
For the Scientific & Technical Instruments subindustry, BlackSky Technology'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.
For the Hardware industry and Technology sector, BlackSky Technology's ROA % distribution charts can be found below:
* The bar in red indicates where BlackSky Technology's ROA % falls into.
BlackSky Technology'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 ) |
= | -53.859 | / | ( (234.09 | + | 224.066) | / 2 ) | |
= | -53.859 | / | 229.078 | ||||
= | -23.51 % |
BlackSky Technology'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 ) |
= | -15.152 | / | ( (212.794 | + | 224.066) | / 2 ) | |
= | -15.152 | / | 218.43 | ||||
= | -6.94 % |
* 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.
BlackSky Technology (NYSE:BKSY) 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 banks 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 |
= | -15.152 | / | 218.43 |
= | (Net Income / Revenue) | * | (Revenue / Total Assets) |
= | (-15.152 / 142.032) | * | (142.032 / 218.43) |
= | Net Margin % | * | Asset Turnover |
= | -10.67 % | * | 0.6502 |
= | -6.94 % |
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.
Thank you for viewing the detailed overview of BlackSky Technology's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.
Tracy Ward | officer: Principal Accounting Officer | 3901 STONECROFT BOULEVARD, C/O INTERSECTIONS INC., CHANTILLY VA 20151 |
Brian E O'toole | director, officer: CEO and President | 2325 DULLES CORNER BLVD., HERNDON VA 20171 |
Henry Edward Dubois | officer: Chief Development Officer | C/O 13241 WOODLAND PARK ROAD, STE 300, HERNDON VA 20171 |
Christiana L Lin | officer: General Counsel & Corp Sec | 11465 SUNSET HILLS ROAD, SUITE 200, RESTON VA 20190 |
Johan G Broekhuysen | officer: Chief Financial Officer | LUMOS NETWORKS CORP., ONE LUMOS PLAZA, WAYNESBORO VA 22980 |
Susan M. Gordon | director | C/O CACI INTERNATIONAL, 1100 N. GLEBE ROAD, 3RD FLOOR, ARLINGTON VA 22201 |
Mithril Lp | 10 percent owner | ONE LETTERMAN DRIVE, BUILDING C SUITE 400, SAN FRANCISCO CA 94129 |
Peter Thiel | 10 percent owner | 9200 SUNSET BOULEVARD, SUITE 1110, WEST HOLLYWOOD CA 90069 |
S.a. Thales | 10 percent owner | TOUR CARPE DIEM, 31 PLACE, DES COROLLES, ESPLANADE NORD 92400, COURBEVOIE I0 92400 |
Thales Alenia Space Us Investment Llc | 10 percent owner | 1209 ORANGE STREET, WILMINGTON DE 19801 |
Thales Alenia Space S.a.s. | 10 percent owner | 100 BD DU MIDI - 06150, CANNES LA BOCA I0 06150 |
Seahawk Spv Investment Llc | 10 percent owner | 2733 SOUTH CRYSTAL DRIVE, SUITE 1200, ARLINGTON TX 22202 |
Brian G. Daum | officer: Chief Financial Officer | C/O BLACKSKY TECHNOLOGY INC, 13241 WOODLAND PARK ROAD, SUITE 300, HERNDON VA 20271 |
Mithril Gp Lp | 10 percent owner | C/O MITHRIL CAPITAL MANAGEMENT LLC, 600 CONGRESS AVENUE, SUITE 3100, AUSTIN TX 78701 |
Timothy M. Harvey | director | 13241 WOODLAND PARK ROAD, SUITE 300, HERNDON VA 20171 |
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