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Omni Health (Omni Health) ROA % : -7.21% (As of Jan. 2017)


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What is Omni Health ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Omni Health's annualized Net Income for the quarter that ended in Jan. 2017 was $-0.36 Mil. Omni Health's average Total Assets over the quarter that ended in Jan. 2017 was $4.99 Mil. Therefore, Omni Health's annualized ROA % for the quarter that ended in Jan. 2017 was -7.21%.

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

OMHE's ROA % is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 1.32
* Ranked among companies with meaningful ROA % only.

Omni Health ROA % Historical Data

The historical data trend for Omni Health'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.

Omni Health ROA % Chart

Omni Health Annual Data
Trend Apr14 Apr15 Apr16
ROA %
- -37.36 -671.70

Omni Health Quarterly Data
Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17
ROA % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -161.34 -2,211.76 162.05 -3.04 -7.21

Competitive Comparison of Omni Health's ROA %

For the Pharmaceutical Retailers subindustry, Omni Health'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.


Omni Health's ROA % Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Omni Health's ROA % distribution charts can be found below:

* The bar in red indicates where Omni Health's ROA % falls into.



Omni Health ROA % Calculation

Omni Health's annualized ROA % for the fiscal year that ended in Apr. 2016 is calculated as:

ROA %=Net Income (A: Apr. 2016 )/( (Total Assets (A: Apr. 2015 )+Total Assets (A: Apr. 2016 ))/ count )
=-0.534/( (0.101+0.058)/ 2 )
=-0.534/0.0795
=-671.70 %

Omni Health's annualized ROA % for the quarter that ended in Jan. 2017 is calculated as:

ROA %=Net Income (Q: Jan. 2017 )/( (Total Assets (Q: Oct. 2016 )+Total Assets (Q: Jan. 2017 ))/ count )
=-0.36/( (4.967+5.015)/ 2 )
=-0.36/4.991
=-7.21 %

* 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 (Jan. 2017) net income data. ROA % is displayed in the 30-year financial page.


Omni Health  (OTCPK:OMHE) 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: Jan. 2017 )
=Net Income/Total Assets
=-0.36/4.991
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.36 / 5.884)*(5.884 / 4.991)
=Net Margin %*Asset Turnover
=-6.12 %*1.1789
=-7.21 %

Note: The Net Income data used here is four times the quarterly (Jan. 2017) net income data. The Revenue data used here is four times the quarterly (Jan. 2017) 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.


Omni Health ROA % Related Terms

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Omni Health (Omni Health) Business Description

Traded in Other Exchanges
N/A
Address
5966 West 16th Avenue, Miami Beach, FL, USA, 33012
Omni Health Inc operates a pharmacy in Miami Beach, Florida. The company operates through its subsidiary as a vertically integrated company focused on healthcare and operating in the lucrative pharmaceutical, medical and wellness industries.

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