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Bolsa de Comercio dentiago (XSGO:BOLSASTGO) ROA % : -3.92% (As of Dec. 2023)


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What is Bolsa de Comercio dentiago ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Bolsa de Comercio dentiago's annualized Net Income for the quarter that ended in Dec. 2023 was CLP-829 Mil. Bolsa de Comercio dentiago's average Total Assets over the quarter that ended in Dec. 2023 was CLP21,148 Mil. Therefore, Bolsa de Comercio dentiago's annualized ROA % for the quarter that ended in Dec. 2023 was -3.92%.

The historical rank and industry rank for Bolsa de Comercio dentiago's ROA % or its related term are showing as below:

XSGO:BOLSASTGO' s ROA % Range Over the Past 10 Years
Min: 1.03   Med: 13.96   Max: 20.24
Current: 1.03

During the past 13 years, Bolsa de Comercio dentiago's highest ROA % was 20.24%. The lowest was 1.03%. And the median was 13.96%.

XSGO:BOLSASTGO's ROA % is ranked worse than
55.82% of 808 companies
in the Capital Markets industry
Industry Median: 1.39 vs XSGO:BOLSASTGO: 1.03

Bolsa de Comercio dentiago ROA % Historical Data

The historical data trend for Bolsa de Comercio dentiago'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.

Bolsa de Comercio dentiago ROA % Chart

Bolsa de Comercio dentiago Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.03 13.83 13.73 17.15 5.32

Bolsa de Comercio dentiago Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 15.23 17.07 2.59 4.94 -3.92

Competitive Comparison of Bolsa de Comercio dentiago's ROA %

For the Financial Data & Stock Exchanges subindustry, Bolsa de Comercio dentiago'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.


Bolsa de Comercio dentiago's ROA % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bolsa de Comercio dentiago's ROA % distribution charts can be found below:

* The bar in red indicates where Bolsa de Comercio dentiago's ROA % falls into.



Bolsa de Comercio dentiago ROA % Calculation

Bolsa de Comercio dentiago'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 )
=2253.693/( (63506.791+21141.349)/ 2 )
=2253.693/42324.07
=5.32 %

Bolsa de Comercio dentiago'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 )
=-828.928/( (21155.282+21141.349)/ 2 )
=-828.928/21148.3155
=-3.92 %

* 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.


Bolsa de Comercio dentiago  (XSGO:BOLSASTGO) 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
=-828.928/21148.3155
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-828.928 / 5529.928)*(5529.928 / 21148.3155)
=Net Margin %*Asset Turnover
=-14.99 %*0.2615
=-3.92 %

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.


Bolsa de Comercio dentiago ROA % Related Terms

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Bolsa de Comercio dentiago (XSGO:BOLSASTGO) Business Description

Traded in Other Exchanges
N/A
Address
Calle Bandera 63, Santiago, CHL
Bolsa de Comercio de Santiago operates as the main stock exchange in Chile. It facilitates, regulates & monitors trading in equity shares, fixed income securities, futures, options & investment fund units. It offers new financial instruments, such as the creation of shares of transferable funds or ETFs, the Derivatives Market and the Venture Market.

Bolsa de Comercio dentiago (XSGO:BOLSASTGO) Headlines

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