GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Osaic Financial Services Inc (OTCPK:LTSAP.PFD) » Definitions » ROA %

Osaic Financial Services (Osaic Financial Services) ROA % : 0.24% (As of Dec. 2019)


View and export this data going back to 2013. Start your Free Trial

What is Osaic Financial Services ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Osaic Financial Services's annualized Net Income for the quarter that ended in Dec. 2019 was $1.97 Mil. Osaic Financial Services's average Total Assets over the quarter that ended in Dec. 2019 was $824.03 Mil. Therefore, Osaic Financial Services's annualized ROA % for the quarter that ended in Dec. 2019 was 0.24%.

The historical rank and industry rank for Osaic Financial Services's ROA % or its related term are showing as below:

LTSAP.PFD' s ROA % Range Over the Past 10 Years
Min: -19.02   Med: -1.1   Max: 7.67
Current: 4.04

During the past 13 years, Osaic Financial Services's highest ROA % was 7.67%. The lowest was -19.02%. And the median was -1.10%.

LTSAP.PFD's ROA % is not ranked
in the Capital Markets industry.
Industry Median: 1.37 vs LTSAP.PFD: 4.04

Osaic Financial Services ROA % Historical Data

The historical data trend for Osaic Financial Services'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.

Osaic Financial Services ROA % Chart

Osaic Financial Services Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.06 -3.98 1.31 4.92 2.90

Osaic Financial Services Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 4.96 1.83 3.79 5.55 0.24

Competitive Comparison of Osaic Financial Services's ROA %

For the Capital Markets subindustry, Osaic Financial Services'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.


Osaic Financial Services's ROA % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Osaic Financial Services's ROA % distribution charts can be found below:

* The bar in red indicates where Osaic Financial Services's ROA % falls into.



Osaic Financial Services ROA % Calculation

Osaic Financial Services's annualized ROA % for the fiscal year that ended in Dec. 2019 is calculated as:

ROA %=Net Income (A: Dec. 2019 )/( (Total Assets (A: Dec. 2018 )+Total Assets (A: Dec. 2019 ))/ count )
=22.767/( (740.904+829.936)/ 2 )
=22.767/785.42
=2.90 %

Osaic Financial Services's annualized ROA % for the quarter that ended in Dec. 2019 is calculated as:

ROA %=Net Income (Q: Dec. 2019 )/( (Total Assets (Q: Sep. 2019 )+Total Assets (Q: Dec. 2019 ))/ count )
=1.968/( (818.124+829.936)/ 2 )
=1.968/824.03
=0.24 %

* 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. 2019) net income data. ROA % is displayed in the 30-year financial page.


Osaic Financial Services  (OTCPK:LTSAP.PFD) 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. 2019 )
=Net Income/Total Assets
=1.968/824.03
=(Net Income / Revenue)*(Revenue / Total Assets)
=(1.968 / 1582.94)*(1582.94 / 824.03)
=Net Margin %*Asset Turnover
=0.12 %*1.921
=0.24 %

Note: The Net Income data used here is four times the quarterly (Dec. 2019) net income data. The Revenue data used here is four times the quarterly (Dec. 2019) 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.


Osaic Financial Services ROA % Related Terms

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


Osaic Financial Services (Osaic Financial Services) Business Description

Traded in Other Exchanges
N/A
Address
4400 Biscayne Boulevard, 12th Floor, Miami, FL, USA, 33137
Ladenburg Thalmann Financial Services Inc is a United States-based company that provides diversified financial services. The company conducts operations through a number of subsidiaries, with three operating segments. The independent brokerage and advisory services segment consists of broker-dealer and investment advisory services, along with wealth-management services. The Ladenburg segment comprises investment banking, sales and trading and asset management services, and investment activities. The insurance brokerage segment comprises wholesale insurance brokerage activities. The company generates the majority of revenue from the independent brokerage and advisory services segment. Its business is concentrated in the United States.
Executives
Michael Liebowitz director 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Vector Group Ltd 10 percent owner 4400 BISCAYNE BOULEVARD, 10TH FLOOR, MIAMI FL 33137
Glenn C Davis director 4400 BISCAYNE BOULEVARD, 12TH FLOOR, MIAMI FL 33137
Joseph Giovanniello officer: Senior Vice President 520 MADISON AVENUE, 9TH FLOOR, NEW YORK NY 10022
Dmitry Kolosov director C/O OPKO HEALTH, INC., 4400 BISCAYNE BLVD., MIAMI FL 33137
Adam Scott Malamed officer: Chief Operating Officer 4400 BISCAYNE BLVD., 12TH FLOOR, MIAMI FL 33137
Jacqueline M Simkin director 801 BRICKELL AVENUE, SUITE 2350, MIAMI FL 33131
Frost Nevada Investments Trust 10 percent owner 4400 BISCAYNE BOULEVARD, 15TH FLOOR, MIAMI FL 33137
Brett Kaufman officer: Vice President and CFO 4400 BISCAYNE BLVD., 12TH FLOOR, MIAMI FL 33137
Frost Gamma Investments Trust 10 percent owner 4400 BISCAYNE BLVD, MIAMI FL 33137
Richard M Krasno director C/O OPKO HEALTH, INC., 4400 BISCAYNE BLVD., MIAMI FL 31337
Saul Gilinski director C.I. FARMACAPSULAS S.A., 1893 S.W. THIRD STREET, POMPANO BEACH FL 33069
Diane Chillemi officer: Chief Financial Officer GBI CAPITAL MANAGEMENT CORP, 1055 STEWART AVE, BETHPAGE NY 11714
Richard J Rosenstock director C/O GAINES BERLAND INC, 1055 STEWART AVENUE, BETHPAGE NY 11714
Bruce S Mendelsohn officer: Managing Director & Senior EVP LADENBURG THALMANN FINANCIAL SERVICES, 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022