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Elvictor Group (Elvictor Group) ROA % : -7.46% (As of Dec. 2023)


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What is Elvictor Group ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Elvictor Group's annualized Net Income for the quarter that ended in Dec. 2023 was $-0.14 Mil. Elvictor Group's average Total Assets over the quarter that ended in Dec. 2023 was $1.82 Mil. Therefore, Elvictor Group's annualized ROA % for the quarter that ended in Dec. 2023 was -7.46%.

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

ELVG' s ROA % Range Over the Past 10 Years
Min: -4993.06   Med: -179.1   Max: -12.5
Current: -12.62

During the past 7 years, Elvictor Group's highest ROA % was -12.50%. The lowest was -4993.06%. And the median was -179.10%.

ELVG's ROA % is ranked worse than
89.35% of 1080 companies
in the Business Services industry
Industry Median: 3.545 vs ELVG: -12.62

Elvictor Group ROA % Historical Data

The historical data trend for Elvictor Group'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.

Elvictor Group ROA % Chart

Elvictor Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial -344.26 -128.47 -4,993.06 -18.87 -12.50

Elvictor Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 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 -50.68 -1.81 -27.16 -13.72 -7.46

Competitive Comparison of Elvictor Group's ROA %

For the Specialty Business Services subindustry, Elvictor Group'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.


Elvictor Group's ROA % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Elvictor Group's ROA % distribution charts can be found below:

* The bar in red indicates where Elvictor Group's ROA % falls into.



Elvictor Group ROA % Calculation

Elvictor Group'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 )
=-0.223/( (1.479+2.088)/ 2 )
=-0.223/1.7835
=-12.50 %

Elvictor Group'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 )
=-0.136/( (1.56+2.088)/ 2 )
=-0.136/1.824
=-7.46 %

* 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.


Elvictor Group  (OTCPK:ELVG) 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
=-0.136/1.824
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.136 / 2.304)*(2.304 / 1.824)
=Net Margin %*Asset Turnover
=-5.9 %*1.2632
=-7.46 %

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.


Elvictor Group ROA % Related Terms

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Elvictor Group (Elvictor Group) Business Description

Traded in Other Exchanges
N/A
Address
Vassileos Constantinou 79, Vari, Athens, GRC, 16672
Elvictor Group Inc is engaged in the business of providing shipping crew management services. It provides crew management, crew manning, and crew training and development services.
Executives
Stavros Galanakis director, 10 percent owner, officer: CHAIRMAN & VICE PRESIDENT 78 PAPAFOTI STR, VARI-VARKIZA J3 16672
Christodoulos Tzoutzakis officer: CHIEF OPERATING OFFICER 24 THEMISTOKLEOUS STR., VOULA ATTIKIS J3 16673
Panagiotis Tolis director, 10 percent owner, officer: CIRO PERICLEOUS 50 STREET, ATHENS J3 15232
Panagiotis Nikolaos Lazaretos 10 percent owner 103M1 MARKOU BOTSARI STR, KIFISSIA, ATTICA J3 14561
Konstantinos Galanakis director, 10 percent owner, officer: CEO 38 MOUTOUSI K STREET, VARI-VARKIZA J3 16672
Eleftherios Kontos 10 percent owner THOUKIDIDOY 15, VOLOS J3 38333

Elvictor Group (Elvictor Group) Headlines

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