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Jiyad Holding Co KSC (KUW:JIYAD) ROA % : -2.70% (As of Mar. 2024)


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What is Jiyad Holding Co KSC ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Jiyad Holding Co KSC's annualized Net Income for the quarter that ended in Mar. 2024 was KWD-0.12 Mil. Jiyad Holding Co KSC's average Total Assets over the quarter that ended in Mar. 2024 was KWD4.30 Mil. Therefore, Jiyad Holding Co KSC's annualized ROA % for the quarter that ended in Mar. 2024 was -2.70%.

The historical rank and industry rank for Jiyad Holding Co KSC's ROA % or its related term are showing as below:

KUW:JIYAD' s ROA % Range Over the Past 10 Years
Min: -79.41   Med: 2.35   Max: 12.13
Current: -79.41

During the past 11 years, Jiyad Holding Co KSC's highest ROA % was 12.13%. The lowest was -79.41%. And the median was 2.35%.

KUW:JIYAD's ROA % is ranked worse than
97.39% of 268 companies
in the Education industry
Industry Median: 2.77 vs KUW:JIYAD: -79.41

Jiyad Holding Co KSC ROA % Historical Data

The historical data trend for Jiyad Holding Co KSC'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.

Jiyad Holding Co KSC ROA % Chart

Jiyad Holding Co KSC Annual Data
Trend Dec10 Dec11 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.42 -1.02 -14.91 12.13 -68.43

Jiyad Holding Co KSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 2.92 -0.11 -275.76 -1.77 -2.70

Competitive Comparison of Jiyad Holding Co KSC's ROA %

For the Education & Training Services subindustry, Jiyad Holding Co KSC'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.


Jiyad Holding Co KSC's ROA % Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Jiyad Holding Co KSC's ROA % distribution charts can be found below:

* The bar in red indicates where Jiyad Holding Co KSC's ROA % falls into.



Jiyad Holding Co KSC ROA % Calculation

Jiyad Holding Co KSC'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 )
=-7.909/( (18.815+4.301)/ 2 )
=-7.909/11.558
=-68.43 %

Jiyad Holding Co KSC'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 )
=-0.116/( (4.301+4.3)/ 2 )
=-0.116/4.3005
=-2.70 %

* 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.


Jiyad Holding Co KSC  (KUW:JIYAD) 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
=-0.116/4.3005
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.116 / 0)*(0 / 4.3005)
=Net Margin %*Asset Turnover
=N/A %*0
=-2.70 %

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.


Jiyad Holding Co KSC ROA % Related Terms

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Jiyad Holding Co KSC (KUW:JIYAD) Business Description

Traded in Other Exchanges
N/A
Address
Jaber Al - Mubarak Street, P.O. Box 13028, Bahbahani Complex, 3rd Floor, Sharq, KWT, 2799
Jiyad Holding Co KSC is engaged in various businesses. Its Investment segment consists of investments in associates and other investments. The Education and training segment, which is the only revenue driver, represents consulting services related to education, training, and establishment of educational and training institutions, in addition to the introduction and issuance of relevant programs. The Medical services segment includes the establishment, management and ownership of hospitals and providing the medical services. Geographically, it has operations in the State of Kuwait, and the Sultanate of Oman.

Jiyad Holding Co KSC (KUW:JIYAD) Headlines

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