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Industria De Diseno Textil (Industria De Diseno Textil) ROA %

: 15.55% (As of Jan. 2024)
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ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Industria De Diseno Textil's annualized Net Income for the quarter that ended in Jan. 2024 was $5,573 Mil. Industria De Diseno Textil's average Total Assets over the quarter that ended in Jan. 2024 was $35,831 Mil. Therefore, Industria De Diseno Textil's annualized ROA % for the quarter that ended in Jan. 2024 was 15.55%.

The historical rank and industry rank for Industria De Diseno Textil's ROA % or its related term are showing as below:

IDEXY' s ROA % Range Over the Past 10 Years
Min: 4.04   Med: 16.67   Max: 17.56
Current: 16.86

During the past 13 years, Industria De Diseno Textil's highest ROA % was 17.56%. The lowest was 4.04%. And the median was 16.67%.

IDEXY's ROA % is ranked better than
96.87% of 1117 companies
in the Retail - Cyclical industry
Industry Median: 2.18 vs IDEXY: 16.86

Industria De Diseno Textil ROA % Historical Data

The historical data trend for Industria De Diseno Textil'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.

Industria De Diseno Textil Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
ROA %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.36 4.23 11.30 13.68 17.25

Industria De Diseno Textil Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
ROA % 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 Premium Member Only Premium Member Only Premium Member Only 13.98 15.34 17.22 19.00 15.55

Competitive Comparison

For the Apparel Retail subindustry, Industria De Diseno Textil'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.


Industria De Diseno Textil ROA % Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Industria De Diseno Textil's ROA % distribution charts can be found below:

* The bar in red indicates where Industria De Diseno Textil's ROA % falls into.



Industria De Diseno Textil ROA % Calculation

Industria De Diseno Textil's annualized ROA % for the fiscal year that ended in Jan. 2024 is calculated as:

ROA %=Net Income (A: Jan. 2024 )/( (Total Assets (A: Jan. 2023 )+Total Assets (A: Jan. 2024 ))/ count )
=5861.656/( (32309.267+35659.041)/ 2 )
=5861.656/33984.154
=17.25 %

Industria De Diseno Textil's annualized ROA % for the quarter that ended in Jan. 2024 is calculated as:

ROA %=Net Income (Q: Jan. 2024 )/( (Total Assets (Q: Oct. 2023 )+Total Assets (Q: Jan. 2024 ))/ count )
=5572.984/( (36002.112+35659.041)/ 2 )
=5572.984/35830.5765
=15.55 %

* 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 (Jan. 2024) net income data. ROA % is displayed in the 30-year financial page.


Industria De Diseno Textil  (OTCPK:IDEXY) 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: Jan. 2024 )
=Net Income/Total Assets
=5572.984/35830.5765
=(Net Income / Revenue)*(Revenue / Total Assets)
=(5572.984 / 45045.752)*(45045.752 / 35830.5765)
=Net Margin %*Asset Turnover
=12.37 %*1.2572
=15.55 %

Note: The Net Income data used here is four times the quarterly (Jan. 2024) net income data. The Revenue data used here is four times the quarterly (Jan. 2024) 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.


Industria De Diseno Textil ROA % Related Terms

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Industria De Diseno Textil (Industria De Diseno Textil) Business Description

Address
Edificio Inditex, Avenida de la Diputación, Arteixo, ESP, 15142
Inditex is a multibrand fashion conglomerate, founded in 1985. Zara is its flagship brand (including Zara Home), generating just over 70% of revenue and 75% of profits. Other brands include Pull & Bear, Massimo Dutti, Bershka, Stradivarius, Oysho, and Uterque. The company operates through 5,800-plus stores globally, over 1,800 of them belonging to the Zara brand. Sixty-five percent of revenue is generated in the European home market, while the Americas and Asia contribute 20% and 14%, respectively. The company keeps design in house while mostly outsourcing manufacturing (own manufacturing constitutes only a low-single-digit percentage of output). Over 50% of sourcing factories are in proximity to the company's headquarters in Spain.

Industria De Diseno Textil (Industria De Diseno Textil) Headlines

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