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Semper Paratus Acquisition (Semper Paratus Acquisition) ROA % : -4.23% (As of Sep. 2023)


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What is Semper Paratus Acquisition ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Semper Paratus Acquisition's annualized Net Income for the quarter that ended in Sep. 2023 was $-1.12 Mil. Semper Paratus Acquisition's average Total Assets over the quarter that ended in Sep. 2023 was $26.39 Mil. Therefore, Semper Paratus Acquisition's annualized ROA % for the quarter that ended in Sep. 2023 was -4.23%.

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

LGST' s ROA % Range Over the Past 10 Years
Min: 1.24   Med: 1.24   Max: 2.14
Current: 2.14

During the past 2 years, Semper Paratus Acquisition's highest ROA % was 2.14%. The lowest was 1.24%. And the median was 1.24%.

LGST's ROA % is not ranked
in the Diversified Financial Services industry.
Industry Median: -0.8 vs LGST: 2.14

Semper Paratus Acquisition ROA % Historical Data

The historical data trend for Semper Paratus Acquisition'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.

Semper Paratus Acquisition ROA % Chart

Semper Paratus Acquisition Annual Data
Trend Dec21 Dec22
ROA %
- 1.24

Semper Paratus Acquisition Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.82 2.94 2.58 -3.01 -4.23

Competitive Comparison of Semper Paratus Acquisition's ROA %

For the Shell Companies subindustry, Semper Paratus Acquisition'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.


Semper Paratus Acquisition's ROA % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Semper Paratus Acquisition's ROA % distribution charts can be found below:

* The bar in red indicates where Semper Paratus Acquisition's ROA % falls into.



Semper Paratus Acquisition ROA % Calculation

Semper Paratus Acquisition's annualized ROA % for the fiscal year that ended in Dec. 2022 is calculated as:

ROA %=Net Income (A: Dec. 2022 )/( (Total Assets (A: Dec. 2021 )+Total Assets (A: Dec. 2022 ))/ count )
=4.408/( (352.852+357.138)/ 2 )
=4.408/354.995
=1.24 %

Semper Paratus Acquisition's annualized ROA % for the quarter that ended in Sep. 2023 is calculated as:

ROA %=Net Income (Q: Sep. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Sep. 2023 ))/ count )
=-1.116/( (26.375+26.41)/ 2 )
=-1.116/26.3925
=-4.23 %

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


Semper Paratus Acquisition  (NAS:LGST) 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
=-1.116/26.3925
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-1.116 / 0)*(0 / 26.3925)
=Net Margin %*Asset Turnover
=N/A %*0
=-4.23 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (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.


Semper Paratus Acquisition ROA % Related Terms

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Semper Paratus Acquisition (Semper Paratus Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
767 Third Avenue, 38th Floor, New York, NY, USA, 10017
Semper Paratus Acquisition Corp is a special purpose acquisition company incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.
Executives
Corbin Erisa Opportunity Fund, Ltd. 10 percent owner 590 MADISON AVENUE, 31ST FLOOR, NEW YORK NY 10022
Michael L Peterson director 17 CANARY COURT, DANVILLE CA 94526
Ssvk Associates, Llc 10 percent owner 8911 REGENTS PARK DRIVE, SUITE 550, TAMPA FL 33647
Scott Harris Sussman director 616 POPPY AVE, CORONA DEL MAR CA 92625
Avinash R Wadhwani director 3 YARD COURT, FLEMINGTON NJ 08822
Donald G. Fell director 17537 DARBY LANE, LUTZ FL 33558
Surendra K Ajjarapu director, 10 percent owner, officer: CEO and Chairman 8604 BUTTON BUSH CT, TAMPA FL 33647
Knuettel Ii Francis officer: Chief Financial Officer 205 NEWBURY ST, SUITE 204, FRAMINGHAM MA 01701
Corbin Capital Partners, L.p. 10 percent owner 590 MADISON AVENUE, NEW YORK NY 10022
Corbin Capital Partners Gp, Llc 10 percent owner 590 MADISON AVENUE, 31ST FLOOR, NEW YORK NY 10022
Jeff Rogers officer: President 720 SPYGLASS HILL, HOLLAND MI 49424
Semper Paratus Sponsor Llc 10 percent owner 767 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Philippe J Kurzweil officer: CFO & Secretary C/O SEMPER PARATUS ACQUISITION CORP., 767 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Parizad Olver director C/O SEMPER PARATUS ACQUISITION CORP., 767 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Brad Stewart director C/O SEMPER PARATUS ACQUISITION CORP., 767 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017