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Premier Veterinary Group (AQSE:PVG.GB) ROA % : -151.72% (As of Mar. 2020)


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What is Premier Veterinary Group ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Premier Veterinary Group's annualized Net Income for the quarter that ended in Mar. 2020 was £-2.38 Mil. Premier Veterinary Group's average Total Assets over the quarter that ended in Mar. 2020 was £1.57 Mil. Therefore, Premier Veterinary Group's annualized ROA % for the quarter that ended in Mar. 2020 was -151.72%.

The historical rank and industry rank for Premier Veterinary Group's ROA % or its related term are showing as below:

AQSE:PVG.GB's ROA % is not ranked *
in the Personal Services industry.
Industry Median: 2.255
* Ranked among companies with meaningful ROA % only.

Premier Veterinary Group ROA % Historical Data

The historical data trend for Premier Veterinary Group'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.

Premier Veterinary Group ROA % Chart

Premier Veterinary Group Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25.96 47.19 41.37 -116.89 -170.26

Premier Veterinary Group Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20
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 -115.94 -165.56 -132.24 -111.86 -151.72

Competitive Comparison of Premier Veterinary Group's ROA %

For the Personal Services subindustry, Premier Veterinary Group'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.


Premier Veterinary Group's ROA % Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Premier Veterinary Group's ROA % distribution charts can be found below:

* The bar in red indicates where Premier Veterinary Group's ROA % falls into.



Premier Veterinary Group ROA % Calculation

Premier Veterinary Group's annualized ROA % for the fiscal year that ended in Sep. 2019 is calculated as:

ROA %=Net Income (A: Sep. 2019 )/( (Total Assets (A: Sep. 2018 )+Total Assets (A: Sep. 2019 ))/ count )
=-2.926/( (1.685+1.752)/ 2 )
=-2.926/1.7185
=-170.26 %

Premier Veterinary Group's annualized ROA % for the quarter that ended in Mar. 2020 is calculated as:

ROA %=Net Income (Q: Mar. 2020 )/( (Total Assets (Q: Sep. 2019 )+Total Assets (Q: Mar. 2020 ))/ count )
=-2.376/( (1.752+1.38)/ 2 )
=-2.376/1.566
=-151.72 %

* 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 (Mar. 2020) net income data. ROA % is displayed in the 30-year financial page.


Premier Veterinary Group  (AQSE:PVG.GB) 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: Mar. 2020 )
=Net Income/Total Assets
=-2.376/1.566
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-2.376 / 3.932)*(3.932 / 1.566)
=Net Margin %*Asset Turnover
=-60.43 %*2.5109
=-151.72 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2020) net income data. The Revenue data used here is two times the semi-annual (Mar. 2020) 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.


Premier Veterinary Group ROA % Related Terms

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Premier Veterinary Group (AQSE:PVG.GB) Business Description

Traded in Other Exchanges
N/A
Address
Bond Street, New Bond House, Bristol, GBR, BS2 9AG
Premier Veterinary Group PLC is a non-medical service provides mainly to veterinary centers. The company business operates in the veterinary industry and mainly provides support services for day to day running of veterinary centers. The company business is organized into three geographical regions: Premier Pet Care Plan (PPCP) the United Kingdom, PPCP Europe (including the Republic of Ireland), and PPCP US. Most of its revenues are generated from the Premier Pet Care Plan - UK.

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