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Jatalia Global Ventures (BOM:519319) ROA % : -1.30% (As of Dec. 2023)


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What is Jatalia Global Ventures ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Jatalia Global Ventures's annualized Net Income for the quarter that ended in Dec. 2023 was ₹-0.45 Mil. Jatalia Global Ventures's average Total Assets over the quarter that ended in Dec. 2023 was ₹34.39 Mil. Therefore, Jatalia Global Ventures's annualized ROA % for the quarter that ended in Dec. 2023 was -1.30%.

The historical rank and industry rank for Jatalia Global Ventures's ROA % or its related term are showing as below:

BOM:519319' s ROA % Range Over the Past 10 Years
Min: -125.51   Med: -0.93   Max: 3.99
Current: -0.83

During the past 13 years, Jatalia Global Ventures's highest ROA % was 3.99%. The lowest was -125.51%. And the median was -0.93%.

BOM:519319's ROA % is not ranked
in the Conglomerates industry.
Industry Median: 2.305 vs BOM:519319: -0.83

Jatalia Global Ventures ROA % Historical Data

The historical data trend for Jatalia Global Ventures'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.

Jatalia Global Ventures ROA % Chart

Jatalia Global Ventures 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 3.22 -13.41 -2.43 -21.94 -125.51

Jatalia Global Ventures 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 -333.27 -5.90 -1.36 -0.85 -1.30

Competitive Comparison of Jatalia Global Ventures's ROA %

For the Conglomerates subindustry, Jatalia Global Ventures'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.


Jatalia Global Ventures's ROA % Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Jatalia Global Ventures's ROA % distribution charts can be found below:

* The bar in red indicates where Jatalia Global Ventures's ROA % falls into.



Jatalia Global Ventures ROA % Calculation

Jatalia Global Ventures'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 )
=-191.411/( (270.804+34.215)/ 2 )
=-191.411/152.5095
=-125.51 %

Jatalia Global Ventures'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 )
=-0.448/( (34.387+0)/ 1 )
=-0.448/34.387
=-1.30 %

* 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.


Jatalia Global Ventures  (BOM:519319) 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
=-0.448/34.387
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.448 / 0)*(0 / 34.387)
=Net Margin %*Asset Turnover
=N/A %*0
=-1.30 %

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.


Jatalia Global Ventures ROA % Related Terms

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Jatalia Global Ventures (BOM:519319) Business Description

Traded in Other Exchanges
N/A
Address
Netaji Subhash Place, 500, 5th Floor, ITL Twin Tower, Pitampura, Delhi, IND, 110034
Jatalia Global Ventures Ltd is engaged in trading business in domestic and international markets. It operates in one business segment: trading in Polymers, Glass, Metals, Bitumen Dry Fruits, oil and natural gas, and agro productions.

Jatalia Global Ventures (BOM:519319) Headlines

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