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Jaiprakash Power Ventures (BOM:532627) ROA % : 13.61% (As of Mar. 2024)


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What is Jaiprakash Power Ventures ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Jaiprakash Power Ventures's annualized Net Income for the quarter that ended in Mar. 2024 was ₹23,552 Mil. Jaiprakash Power Ventures's average Total Assets over the quarter that ended in Mar. 2024 was ₹173,033 Mil. Therefore, Jaiprakash Power Ventures's annualized ROA % for the quarter that ended in Mar. 2024 was 13.61%.

The historical rank and industry rank for Jaiprakash Power Ventures's ROA % or its related term are showing as below:

BOM:532627' s ROA % Range Over the Past 10 Years
Min: -7.85   Med: -0.15   Max: 5.91
Current: 4.79

During the past 13 years, Jaiprakash Power Ventures's highest ROA % was 5.91%. The lowest was -7.85%. And the median was -0.15%.

BOM:532627's ROA % is ranked better than
72.62% of 442 companies
in the Utilities - Independent Power Producers industry
Industry Median: 2.035 vs BOM:532627: 4.79

Jaiprakash Power Ventures ROA % Historical Data

The historical data trend for Jaiprakash Power Ventures'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.

Jaiprakash Power Ventures ROA % Chart

Jaiprakash Power Ventures Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.85 1.53 0.63 0.32 5.91

Jaiprakash Power Ventures Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 -4.98 -1.02 1.58 3.98 13.61

Competitive Comparison of Jaiprakash Power Ventures's ROA %

For the Utilities - Independent Power Producers subindustry, Jaiprakash Power Ventures'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.


Jaiprakash Power Ventures's ROA % Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Jaiprakash Power Ventures's ROA % distribution charts can be found below:

* The bar in red indicates where Jaiprakash Power Ventures's ROA % falls into.



Jaiprakash Power Ventures ROA % Calculation

Jaiprakash Power Ventures's annualized ROA % for the fiscal year that ended in Mar. 2024 is calculated as:

ROA %=Net Income (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=10219.5/( (173071.4+173032.7)/ 2 )
=10219.5/173052.05
=5.91 %

Jaiprakash Power Ventures'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 )
=23551.6/( (0+173032.7)/ 1 )
=23551.6/173032.7
=13.61 %

* 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.


Jaiprakash Power Ventures  (BOM:532627) 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
=23551.6/173032.7
=(Net Income / Revenue)*(Revenue / Total Assets)
=(23551.6 / 60593.2)*(60593.2 / 173032.7)
=Net Margin %*Asset Turnover
=38.87 %*0.3502
=13.61 %

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.


Jaiprakash Power Ventures ROA % Related Terms

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Jaiprakash Power Ventures (BOM:532627) Business Description

Traded in Other Exchanges
Address
63, Basant Lok, JA House, Vasant Vihar, New Delhi, IND, 110 057
Jaiprakash Power Ventures Ltd is an Indian power company. The firm plan, develop, implement and operate power projects in India. In addition, it operates the largest hydroelectric power plant in the private sector in India. The company is also engaged in the business of cement grinding and captive coal mining operations. Its segments include Power & Transmission, Sand Mining, Coal, and Others. It generates a majority of its revenue from the Power and transmission segment. Geographically the company generates its revenue from India.

Jaiprakash Power Ventures (BOM:532627) Headlines

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