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Indian Terrain Fashions (NSE:INDTERRAIN) ROA % : -3.07% (As of Dec. 2023)


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What is Indian Terrain Fashions ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Indian Terrain Fashions's annualized Net Income for the quarter that ended in Dec. 2023 was ₹-157 Mil. Indian Terrain Fashions's average Total Assets over the quarter that ended in Dec. 2023 was ₹5,116 Mil. Therefore, Indian Terrain Fashions's annualized ROA % for the quarter that ended in Dec. 2023 was -3.07%.

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

NSE:INDTERRAIN' s ROA % Range Over the Past 10 Years
Min: -6.35   Med: 6.98   Max: 13.81
Current: -3.94

During the past 13 years, Indian Terrain Fashions's highest ROA % was 13.81%. The lowest was -6.35%. And the median was 6.98%.

NSE:INDTERRAIN's ROA % is ranked worse than
81.38% of 1085 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 1.89 vs NSE:INDTERRAIN: -3.94

Indian Terrain Fashions ROA % Historical Data

The historical data trend for Indian Terrain Fashions'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.

Indian Terrain Fashions ROA % Chart

Indian Terrain Fashions Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.45 -2.24 -6.35 -0.47 1.39

Indian Terrain Fashions Quarterly Data
Mar19 Jun19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only 1.61 -4.47 -2.05 -6.45 -3.07

Competitive Comparison of Indian Terrain Fashions's ROA %

For the Apparel Manufacturing subindustry, Indian Terrain Fashions'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.


Indian Terrain Fashions's ROA % Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Indian Terrain Fashions's ROA % distribution charts can be found below:

* The bar in red indicates where Indian Terrain Fashions's ROA % falls into.



Indian Terrain Fashions ROA % Calculation

Indian Terrain Fashions's annualized ROA % for the fiscal year that ended in Mar. 2023 is calculated as:

ROA %=Net Income (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=70.9/( (4726.8+5462.6)/ 2 )
=70.9/5094.7
=1.39 %

Indian Terrain Fashions'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 )
=-156.8/( (5115.6+0)/ 1 )
=-156.8/5115.6
=-3.07 %

* 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.


Indian Terrain Fashions  (NSE:INDTERRAIN) 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
=-156.8/5115.6
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-156.8 / 4368.4)*(4368.4 / 5115.6)
=Net Margin %*Asset Turnover
=-3.59 %*0.8539
=-3.07 %

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.


Indian Terrain Fashions ROA % Related Terms

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Indian Terrain Fashions (NSE:INDTERRAIN) Business Description

Traded in Other Exchanges
Address
Velachery Tambaram Road, 208, Narayanapuram, Pallikaranai, Chennai, TN, IND, 600100
Indian Terrain Fashions Ltd is a manufacturer of wearing apparel. The company sells its apparel under the brand name Indian Terrain. The company manufactures Shirts, T-shirts, Jackets, Sweaters, Sweatshirts, Coats and blazers, Shorts, Trousers, Denim, Belt, Wallet, Socks, Sandals, Loafers, Lace-ups, Sneakers, Boots and Boat shoes. The firm has introduced a brand called Indian Terrain Boy which caters to clothes for boys between the ages of four and sixteen. The products are retailed across India through multi-brand outlets, large format stores, exclusive brand outlets, and e-commerce platforms. The company is based in India.

Indian Terrain Fashions (NSE:INDTERRAIN) Headlines

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