GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Legion Cap Corp (OTCPK:LGCP) » Definitions » ROA %

Legion Cap (Legion Cap) ROA % : 0.00% (As of . 20)


View and export this data going back to 2020. Start your Free Trial

What is Legion Cap ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Legion Cap's annualized Net Income for the quarter that ended in . 20 was $ Mil. Legion Cap's average Total Assets over the quarter that ended in . 20 was $ 0 Mil. Therefore, Legion Cap's annualized ROA % for the quarter that ended in . 20 was Not Available.

The historical rank and industry rank for Legion Cap's ROA % or its related term are showing as below:

LGCP's ROA % is not ranked *
in the Asset Management industry.
Industry Median: 2.93
* Ranked among companies with meaningful ROA % only.

Legion Cap ROA % Historical Data

The historical data trend for Legion Cap'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.

Legion Cap ROA % Chart

Legion Cap Annual Data
Trend
ROA %

Legion Cap Semi-Annual Data
ROA %

Competitive Comparison of Legion Cap's ROA %

For the Asset Management subindustry, Legion Cap'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.


Legion Cap's ROA % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Legion Cap's ROA % distribution charts can be found below:

* The bar in red indicates where Legion Cap's ROA % falls into.



Legion Cap ROA % Calculation

Legion Cap's annualized ROA % for the fiscal year that ended in . 20 is calculated as:

ROA %=Net Income (A: . 20 )/( (Total Assets (A: . 20 )+Total Assets (A: . 20 ))/ count )
=/( (+)/ )
=/
= %

Legion Cap's annualized ROA % for the quarter that ended in . 20 is calculated as:

ROA %=Net Income (Q: . 20 )/( (Total Assets (Q: . 20 )+Total Assets (Q: . 20 ))/ count )
=/( (+)/ )
=/
= %

* 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 one times the annual (. 20) net income data. ROA % is displayed in the 30-year financial page.


Legion Cap  (OTCPK:LGCP) 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:

Note: The Net Income data used here is one times the annual (. 20) net income data. The Revenue data used here is one times the annual (. 20) 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.


Legion Cap ROA % Related Terms

Thank you for viewing the detailed overview of Legion Cap's ROA % provided by GuruFocus.com. Please click on the following links to see related term pages.


Legion Cap (Legion Cap) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
301 E. Pine Street, Suite: 850, Orlando, FL, USA, 32801
Legion Cap Corp is a publicly traded specialized business lender providing growth capital to small and medium-sized companies. It provides bridge funding, acquisition finance, development, and growth capital addressing a large and growing segment of small business lending that is under-served by banks and institutions.

Legion Cap (Legion Cap) Headlines

From GuruFocus

Legion Capital Named as Top 50 Most Innovative Companies to Watch 2022

By GuruFocusNews GuruFocusNews 07-02-2022

Emerging Markets Report: When FinTech Met Digital Currency

By Marketwired Marketwired 04-29-2021

Update: FinTech Lender Legion Capital Announces Six Month Results

By Marketwired Marketwired 10-05-2021

Legion Capital Announces 2023 Six Month Results

By GlobeNewswire 09-13-2023

Legion Capital Funds $13 Million Facility for Real Estate Developer

By GuruFocusNews GuruFocusNews 04-19-2022

Legion Capital Announces 2021 Financial Results

By GuruFocusNews GuruFocusNews 07-07-2022