ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. LAIQON AG's annualizedNet Income for the quarter that ended in Dec. 2023 was €-18.91 Mil.
LAIQON AG's average Total Assets over the quarter that ended in Dec. 2023 was €146.96 Mil. Therefore, LAIQON AG's annualized ROA % for the quarter that ended in Dec. 2023 was -12.87%.
The historical rank and industry rank for LAIQON AG's ROA % or its related term are showing as below:
XTER:LQAG'
s ROA % Range Over the Past 10 Years
Min: -8.66 Med: 1.31 Max: 11.39
Current: -8.52
During the past 13 years, LAIQON AG's highest ROA % was 11.39%. The lowest was -8.66%. And the median was 1.31%.
XTER:LQAG's ROA % is ranked worse than 85.71% of 1708
companies
in the Asset Management industry
Industry Median: 2.98
vs XTER:LQAG: -8.52
LAIQON AG ROA % Historical Data
The historical data trend for LAIQON AG'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.
For the Asset Management subindustry, LAIQON AG'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.
LAIQON AG's ROA % Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, LAIQON AG's ROA % distribution charts can be found below:
* The bar in red indicates where LAIQON AG's ROA % falls into.
LAIQON AG ROA % Calculation
LAIQON AG's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:
* 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 (Dec. 2023) net income data.
ROA % is displayed in the 30-year financial page.
LAIQON AG (XTER:LQAG) 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 banks 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:
Note:
The Net Income data used here is two times the semi-annual (Dec. 2023) net income data. The Revenue data used here is two times the semi-annual (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.
LAIQON AG ROA % Related Terms
Thank you for viewing the detailed overview of LAIQON AG's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.
LAIQON AG along with its subsidiaries develops, markets, and manages investments in real assets for institutional and retail investors. The business of the company operates in three business segments namely Lloyd Fonds positioned as a special provider of non-benchmarked equity, fixed-income and mixed funds with a clear focus on active alpha strategies. The LLOYD WEALTH business segment is committed to proactive holistic 360° implementation of the individual goals of high net-worth individuals by means of personal asset management. The LLOYD DIGITAL business segment offers digital and risk-optimized investment solutions for retail and institutional investors.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XTER:LQAG has been successfully added to your 