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Linkage Global (Linkage Global) ROA % : -22.21% (As of Sep. 2023)


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What is Linkage Global ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Linkage Global's annualized Net Income for the quarter that ended in Sep. 2023 was $-2.42 Mil. Linkage Global's average Total Assets over the quarter that ended in Sep. 2023 was $10.88 Mil. Therefore, Linkage Global's annualized ROA % for the quarter that ended in Sep. 2023 was -22.21%.

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

LGCB' s ROA % Range Over the Past 10 Years
Min: -6.63   Med: 9.99   Max: 12.84
Current: -6.35

During the past 3 years, Linkage Global's highest ROA % was 12.84%. The lowest was -6.63%. And the median was 9.99%.

LGCB's ROA % is ranked worse than
82.02% of 1118 companies
in the Retail - Cyclical industry
Industry Median: 2.165 vs LGCB: -6.35

Linkage Global ROA % Historical Data

The historical data trend for Linkage Global'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.

Linkage Global ROA % Chart

Linkage Global Annual Data
Trend Sep21 Sep22 Sep23
ROA %
9.99 12.84 -6.63

Linkage Global Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23
ROA % - 15.40 10.73 10.99 -22.21

Competitive Comparison of Linkage Global's ROA %

For the Internet Retail subindustry, Linkage Global'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.


Linkage Global's ROA % Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Linkage Global's ROA % distribution charts can be found below:

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



Linkage Global ROA % Calculation

Linkage Global's annualized ROA % for the fiscal year that ended in Sep. 2023 is calculated as:

ROA %=Net Income (A: Sep. 2023 )/( (Total Assets (A: Sep. 2022 )+Total Assets (A: Sep. 2023 ))/ count )
=-0.653/( (9.079+10.634)/ 2 )
=-0.653/9.8565
=-6.63 %

Linkage Global's annualized ROA % for the quarter that ended in Sep. 2023 is calculated as:

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Mar. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=-2.416/( (11.125+10.634)/ 2 )
=-2.416/10.8795
=-22.21 %

* 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 two times the semi-annual (Sep. 2023) net income data. ROA % is displayed in the 30-year financial page.


Linkage Global  (NAS:LGCB) 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: Sep. 2023 )
=Net Income/Total Assets
=-2.416/10.8795
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.416 / 7.404)*(7.404 / 10.8795)
=Net Margin %*Asset Turnover
=-32.63 %*0.6805
=-22.21 %

Note: The Net Income data used here is two times the semi-annual (Sep. 2023) net income data. The Revenue data used here is two times the semi-annual (Sep. 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.


Linkage Global ROA % Related Terms

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Linkage Global (Linkage Global) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2-23-3 Minami-Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0022
Linkage Global Inc is a cross-border e-commerce integrated service provider. It provides global e-commerce merchants, overseas brands, import and export trading enterprises, etc. with a globally selected supply chain, digital marketing, e-commerce training, global store, ERP and e-commerce software, social e-commerce and other e-commerce integrated services. It is Committed to building a one-stop cross-border integrated service platform to make cross-border trade easier.

Linkage Global (Linkage Global) Headlines

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