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InCapta (InCapta) ROA % : 346.53% (As of Dec. 2020)


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What is InCapta ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. InCapta's annualized Net Income for the quarter that ended in Dec. 2020 was $0.18 Mil. InCapta's average Total Assets over the quarter that ended in Dec. 2020 was $0.05 Mil. Therefore, InCapta's annualized ROA % for the quarter that ended in Dec. 2020 was 346.53%.

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

INCT's ROA % is not ranked *
in the Media - Diversified industry.
Industry Median: 0.83
* Ranked among companies with meaningful ROA % only.

InCapta ROA % Historical Data

The historical data trend for InCapta'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.

InCapta ROA % Chart

InCapta Annual Data
Trend Dec07 Dec08 Dec09 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,792.87 -20,920.00 -2,325.00 61.11 346.53

InCapta Semi-Annual Data
Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
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 -3,792.87 -20,920.00 -2,325.00 61.11 346.53

Competitive Comparison of InCapta's ROA %

For the Broadcasting subindustry, InCapta'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.


InCapta's ROA % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, InCapta's ROA % distribution charts can be found below:

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



InCapta ROA % Calculation

InCapta's annualized ROA % for the fiscal year that ended in Dec. 2020 is calculated as:

ROA %=Net Income (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=0.175/( (0.054+0.047)/ 2 )
=0.175/0.0505
=346.53 %

InCapta's annualized ROA % for the quarter that ended in Dec. 2020 is calculated as:

ROA %=Net Income (Q: Dec. 2020 )/( (Total Assets (Q: Dec. 2019 )+Total Assets (Q: Dec. 2020 ))/ count )
=0.175/( (0.054+0.047)/ 2 )
=0.175/0.0505
=346.53 %

* 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 one times the annual (Dec. 2020) net income data. ROA % is displayed in the 30-year financial page.


InCapta  (OTCPK:INCT) 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. 2020 )
=Net Income/Total Assets
=0.175/0.0505
=(Net Income / Revenue)*(Revenue / Total Assets)
=(0.175 / 1.164)*(1.164 / 0.0505)
=Net Margin %*Asset Turnover
=15.03 %*23.0495
=346.53 %

Note: The Net Income data used here is one times the annual (Dec. 2020) net income data. The Revenue data used here is one times the annual (Dec. 2020) 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.


InCapta ROA % Related Terms

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InCapta (InCapta) Business Description

Traded in Other Exchanges
N/A
Address
1876 Horse Creek Road, Cheyenne, WY, USA, 82009
InCapta Inc is a media holding company which invests in radio, television, movie production, and television productions to be used in online cloud television and radio. The company is engaged in pre-production of two full-length movies; developing half-hour television shows and producing radio talk shows on Leading Edge Radio Network. It derives revenue from media consulting, online television clients, monthly fees for online cloud television networks, websites, and membership fees with clients. In addition, the company also owns a nationwide wholesale grocery operation with clients in 48 states and is developing an online movie channel.
Executives
Creative Financial Services Inc. director, 10 percent owner, officer: Chief Executive Officer 638 N. 5TH AVENUE PHOENIX AZ 85003
Gregory Bryan Martin officer: President 1950 FIFTH AVE #100 SAN DIEGO CA 92101
Acunto John P Jr 10 percent owner 1609 SCOTLAND AVE, CHARLOTTE NC 28207
Arlene Mcmachen 10 percent owner PO BOX 5532 LIGHTHOUSE POINT FL 33074
Glenn Sr Mcmachen director, 10 percent owner PO BOX 5532 LIGHTHOUSE POINT FL 33074
Marty Schiff director 61 LEMON ST. UNIONTOWN PA 15401
Flexible Growth & Income Fund Co, Llc 10 percent owner 1015 MASSACHUSETTS AVE. LEXINGTON MA 02420
Mark Crist director
Donald Neal Gallent officer: President 701 WOODRIDGE COURT BRENTWOOD TN 37027
Joya Arthur De officer: CFO 361 WISETON AVENUE, LAS VEGAS NV 89123
Gary J Hohman officer: President
Ismat Sawaqed director 1535 BLACKJACK ROAD FRANKLIN KY 42134
John Fleming director, 10 percent owner, officer: CEO ONE AMERICAN ROAD, DEARBORN MI 48126
John Fleming director, 10 percent owner, officer: CEO 1535 BLACKJACK ROAD FRANKLIN KY 42134

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