GURUFOCUS.COM » STOCK LIST » Basic Materials » Agriculture » Upsurge Seeds of Agriculture Ltd (NSE:USASEEDS) » Definitions » ROA %

Upsurge Seeds of Agriculture (NSE:USASEEDS) ROA % : 10.39% (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Upsurge Seeds of Agriculture ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Upsurge Seeds of Agriculture's annualized Net Income for the quarter that ended in Mar. 2024 was ₹91 Mil. Upsurge Seeds of Agriculture's average Total Assets over the quarter that ended in Mar. 2024 was ₹879 Mil. Therefore, Upsurge Seeds of Agriculture's annualized ROA % for the quarter that ended in Mar. 2024 was 10.39%.

The historical rank and industry rank for Upsurge Seeds of Agriculture's ROA % or its related term are showing as below:

NSE:USASEEDS' s ROA % Range Over the Past 10 Years
Min: 2.62   Med: 6.65   Max: 13.44
Current: 7.82

During the past 5 years, Upsurge Seeds of Agriculture's highest ROA % was 13.44%. The lowest was 2.62%. And the median was 6.65%.

NSE:USASEEDS's ROA % is ranked better than
78.17% of 252 companies
in the Agriculture industry
Industry Median: 2.545 vs NSE:USASEEDS: 7.82

Upsurge Seeds of Agriculture ROA % Historical Data

The historical data trend for Upsurge Seeds of Agriculture'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.

Upsurge Seeds of Agriculture ROA % Chart

Upsurge Seeds of Agriculture Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24
ROA %
2.62 6.45 13.44 6.65 6.97

Upsurge Seeds of Agriculture Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
ROA % Get a 7-Day Free Trial 18.90 0.71 13.14 6.23 10.39

Competitive Comparison of Upsurge Seeds of Agriculture's ROA %

For the Agricultural Inputs subindustry, Upsurge Seeds of Agriculture'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.


Upsurge Seeds of Agriculture's ROA % Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Upsurge Seeds of Agriculture's ROA % distribution charts can be found below:

* The bar in red indicates where Upsurge Seeds of Agriculture's ROA % falls into.



Upsurge Seeds of Agriculture ROA % Calculation

Upsurge Seeds of Agriculture's annualized ROA % for the fiscal year that ended in Mar. 2024 is calculated as:

ROA %=Net Income (A: Mar. 2024 )/( (Total Assets (A: Mar. 2023 )+Total Assets (A: Mar. 2024 ))/ count )
=72.52/( (1022.066+1057.744)/ 2 )
=72.52/1039.905
=6.97 %

Upsurge Seeds of Agriculture's annualized ROA % for the quarter that ended in Mar. 2024 is calculated as:

ROA %=Net Income (Q: Mar. 2024 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=91.386/( (700.902+1057.744)/ 2 )
=91.386/879.323
=10.39 %

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


Upsurge Seeds of Agriculture  (NSE:USASEEDS) 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. 2024 )
=Net Income/Total Assets
=91.386/879.323
=(Net Income / Revenue)*(Revenue / Total Assets)
=(91.386 / 1200.908)*(1200.908 / 879.323)
=Net Margin %*Asset Turnover
=7.61 %*1.3657
=10.39 %

Note: The Net Income data used here is two times the semi-annual (Mar. 2024) net income data. The Revenue data used here is two times the semi-annual (Mar. 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.


Upsurge Seeds of Agriculture ROA % Related Terms

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


Upsurge Seeds of Agriculture (NSE:USASEEDS) Business Description

Traded in Other Exchanges
N/A
Address
Plot No. 17, Shreenathji Industrial Estate, National Highway 8-B, Kuvadva, Rajkot, GJ, IND, 360023
Upsurge Seeds of Agriculture Ltd is a seeds manufacturing company engaged in the business of growing, developing, processing and marketing a variety of seeds for a range of field crops and vegetables. The company's product portfolio includes crop seeds for Groundnut, Wheat, Cumin, Green Gram, Black Gram and vegetable seeds for Onion, Coriander Seeds, Fenugreek and others.

Upsurge Seeds of Agriculture (NSE:USASEEDS) Headlines

No Headlines