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Branchout Food (Branchout Food) ROA % : -157.07% (As of Dec. 2023)


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What is Branchout Food ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Branchout Food's annualized Net Income for the quarter that ended in Dec. 2023 was $-5.88 Mil. Branchout Food's average Total Assets over the quarter that ended in Dec. 2023 was $3.74 Mil. Therefore, Branchout Food's annualized ROA % for the quarter that ended in Dec. 2023 was -157.07%.

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

BOF' s ROA % Range Over the Past 10 Years
Min: -143.79   Med: -79.59   Max: -27.86
Current: -102.29

During the past 4 years, Branchout Food's highest ROA % was -27.86%. The lowest was -143.79%. And the median was -79.59%.

BOF's ROA % is ranked worse than
97.21% of 1901 companies
in the Consumer Packaged Goods industry
Industry Median: 2.96 vs BOF: -102.29

Branchout Food ROA % Historical Data

The historical data trend for Branchout Food'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.

Branchout Food ROA % Chart

Branchout Food Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROA %
-36.27 -27.86 -143.79 -122.90

Branchout Food Quarterly Data
Dec20 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 -103.51 -92.39 -92.27 -60.48 -157.07

Competitive Comparison of Branchout Food's ROA %

For the Packaged Foods subindustry, Branchout Food'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.


Branchout Food's ROA % Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Branchout Food's ROA % distribution charts can be found below:

* The bar in red indicates where Branchout Food's ROA % falls into.



Branchout Food ROA % Calculation

Branchout Food'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 )
=-3.926/( (3.264+3.125)/ 2 )
=-3.926/3.1945
=-122.90 %

Branchout Food'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 )
=-5.876/( (4.357+3.125)/ 2 )
=-5.876/3.741
=-157.07 %

* 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.


Branchout Food  (NAS:BOF) 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
=-5.876/3.741
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-5.876 / 5.912)*(5.912 / 3.741)
=Net Margin %*Asset Turnover
=-99.39 %*1.5803
=-157.07 %

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.


Branchout Food ROA % Related Terms

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Branchout Food (Branchout Food) Business Description

Traded in Other Exchanges
N/A
Address
205 SE Davis Avenue, Suite C, Bend, OR, USA, 97702
Branchout Food inc is an international food-tech company delivering truly extraordinary natural snacks and real superfood ingredients enabled by Its new, licensed dehydration technology. BranchOut licensed the rights to a new dehydration technology designed for drying and processing sensitive fruits and vegetables such as avocados, bananas and others. Its products include BranchOut Snacks, BranchOut Powders and BranchOut Industrial Ingredients.
Executives
John Dalfonsi director 205 SE DAVIS AVE, SUITE C, BEND OR 97702
Eric Healy director, officer: CEO 205 SE DAVIS AVE, SUITE C, BEND OR 97702
David Richard Israel director 205 SE DAVIS AVE, SUITE C, BEND OR 97702
Greg Somerville director 205 SE DAVIS AVE, SUITE C, BEND OR 97702