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INDVR Brands (INDVR Brands) ROA % : -12.95% (As of Oct. 2021)


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What is INDVR Brands ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. INDVR Brands's annualized Net Income for the quarter that ended in Oct. 2021 was $-1.97 Mil. INDVR Brands's average Total Assets over the quarter that ended in Oct. 2021 was $15.19 Mil. Therefore, INDVR Brands's annualized ROA % for the quarter that ended in Oct. 2021 was -12.95%.

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

CAAOF's ROA % is not ranked *
in the Drug Manufacturers industry.
Industry Median: 1.61
* Ranked among companies with meaningful ROA % only.

INDVR Brands ROA % Historical Data

The historical data trend for INDVR Brands'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.

INDVR Brands ROA % Chart

INDVR Brands Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,840.00 -5,200.00 -104.70 - -68.48

INDVR Brands Quarterly Data
Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21
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 -14.47 -163.94 -55.69 -41.47 -12.95

Competitive Comparison of INDVR Brands's ROA %

For the Drug Manufacturers - Specialty & Generic subindustry, INDVR Brands'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.


INDVR Brands's ROA % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, INDVR Brands's ROA % distribution charts can be found below:

* The bar in red indicates where INDVR Brands's ROA % falls into.



INDVR Brands ROA % Calculation

INDVR Brands's annualized ROA % for the fiscal year that ended in Jan. 2021 is calculated as:

ROA %=Net Income (A: Jan. 2021 )/( (Total Assets (A: Jan. 2020 )+Total Assets (A: Jan. 2021 ))/ count )
=-5.66/( (9.085+7.445)/ 2 )
=-5.66/8.265
=-68.48 %

INDVR Brands's annualized ROA % for the quarter that ended in Oct. 2021 is calculated as:

ROA %=Net Income (Q: Oct. 2021 )/( (Total Assets (Q: Jul. 2021 )+Total Assets (Q: Oct. 2021 ))/ count )
=-1.968/( (15.269+15.118)/ 2 )
=-1.968/15.1935
=-12.95 %

* 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 (Oct. 2021) net income data. ROA % is displayed in the 30-year financial page.


INDVR Brands  (OTCPK:CAAOF) 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: Oct. 2021 )
=Net Income/Total Assets
=-1.968/15.1935
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.968 / 1.216)*(1.216 / 15.1935)
=Net Margin %*Asset Turnover
=-161.84 %*0.08
=-12.95 %

Note: The Net Income data used here is four times the quarterly (Oct. 2021) net income data. The Revenue data used here is four times the quarterly (Oct. 2021) 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.


INDVR Brands ROA % Related Terms

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INDVR Brands (INDVR Brands) Business Description

Traded in Other Exchanges
N/A
Address
C/O Fasken Martineau DuMoulin LLP, 350 7 Avenue SW, Suite 3400, ATTN Willian DeJong, Calgary, AB, CAN, T2P 3N9
INDVR Brands Inc is focused on providing personnel and management resources as well as infrastructure and equipment for use in the production, cultivation and dispensary operations of licensed cannabis businesses. It provides support services to licensed cannabis businesses.

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