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Eos Energy Enterprises (Eos Energy Enterprises) ROA % : -96.80% (As of Dec. 2023)


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What is Eos Energy Enterprises ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Eos Energy Enterprises's annualized Net Income for the quarter that ended in Dec. 2023 was $-164.83 Mil. Eos Energy Enterprises's average Total Assets over the quarter that ended in Dec. 2023 was $170.29 Mil. Therefore, Eos Energy Enterprises's annualized ROA % for the quarter that ended in Dec. 2023 was -96.80%.

The historical rank and industry rank for Eos Energy Enterprises's ROA % or its related term are showing as below:

EOSE' s ROA % Range Over the Past 10 Years
Min: -608.74   Med: -156.51   Max: -80.81
Current: -174.92

During the past 5 years, Eos Energy Enterprises's highest ROA % was -80.81%. The lowest was -608.74%. And the median was -156.51%.

EOSE's ROA % is ranked worse than
99.24% of 3015 companies
in the Industrial Products industry
Industry Median: 3.48 vs EOSE: -174.92

Eos Energy Enterprises ROA % Historical Data

The historical data trend for Eos Energy Enterprises'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.

Eos Energy Enterprises ROA % Chart

Eos Energy Enterprises Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
-608.74 -93.37 -80.81 -166.55 -156.51

Eos Energy Enterprises Quarterly Data
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 -184.66 -277.37 -504.63 45.42 -96.80

Competitive Comparison of Eos Energy Enterprises's ROA %

For the Electrical Equipment & Parts subindustry, Eos Energy Enterprises'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.


Eos Energy Enterprises's ROA % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Eos Energy Enterprises's ROA % distribution charts can be found below:

* The bar in red indicates where Eos Energy Enterprises's ROA % falls into.



Eos Energy Enterprises ROA % Calculation

Eos Energy Enterprises'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 )
=-229.506/( (106.788+186.492)/ 2 )
=-229.506/146.64
=-156.51 %

Eos Energy Enterprises'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 )
=-164.832/( (154.078+186.492)/ 2 )
=-164.832/170.285
=-96.80 %

* 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.


Eos Energy Enterprises  (NAS:EOSE) 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
=-164.832/170.285
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-164.832 / 26.44)*(26.44 / 170.285)
=Net Margin %*Asset Turnover
=-623.42 %*0.1553
=-96.80 %

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.


Eos Energy Enterprises ROA % Related Terms

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Eos Energy Enterprises (Eos Energy Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
3920 Park Avenue, Edison, NJ, USA, 08820
Eos Energy Enterprises Inc designs develop, manufactures, and markets innovative zinc-based energy storage solutions for utility-scale, microgrid, and commercial & industrial (C&I) applications. The solutions are used in the utility sector, the renewable energy sector, and the industrial sector. It's flagship product Eos Znyth is a stationary battery energy storage system.
Executives
Jeff Mcneil director 47281 BAYSIDE PARKWAY, FREMONT CA 94538
Joe Mastrangelo director, officer: Chief Executive Officer 199 PIERCE STREET, SUITE 537, FRANKLIN TOWNSHIP NJ 08873
Claude Demby director C/O SMART MODULAR TECHNOLOGIES, INC., 39870 EUREKA DRIVE, NEWARK CA 94560
Sumeet Puri officer: Chief Accounting Officer 6525 SHADY OAK LANE, MASON OH 45040
Alexander Dimitrief director GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
Nathan Kroeker officer: Chief Financial Officer 12160 WICKCHESTER LN, SUITE 100, HOUSTON TX 77079
Jeffrey S Bornstein director GENERAL ELECTRIC COMPANY, 41 FARNSWORTH STREET, BOSTON MA 02210
Russell Monoki Stidolph director 137 ROWAYTON AVENUE, ROWAYTON CT 06853
Daniel Shribman director, officer: CEO and CFO 299 PARK AVENUE, NEW YORK NY 10171
Koch Industries Inc 10 percent owner 4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Randall B Gonzales officer: Chief Financial Officer EOS ENERGY ENTERPRISES, INC., 3920 PARK AVENUE, EDISON NJ 08820
Spring Creek Capital Llc 10 percent owner 4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Wood River Capital, Llc 10 percent owner 4111 E. 37TH STREET N, WICHITA KS 67220
Marian Walters director C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD., SUITE 400, WOODLAND HILLS CA 91367
Audrey Ann Zibelman director 6/128 TOORAK ROAD WEST, SOUTH YARRA C4 3141

Eos Energy Enterprises (Eos Energy Enterprises) Headlines

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