Osceola Gold (Osceola Gold) ROA % : -320.00% (As of Sep. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Osceola Gold ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Osceola Gold's annualized Net Income for the quarter that ended in Sep. 2023 was $-0.08 Mil. Osceola Gold's average Total Assets over the quarter that ended in Sep. 2023 was $0.03 Mil. Therefore, Osceola Gold's annualized ROA % for the quarter that ended in Sep. 2023 was -320.00%.

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

OSCI' s ROA % Range Over the Past 10 Years
Min: -212.87 Med: -44.61 Max: -5.11
Current: -134.94

During the past 5 years, Osceola Gold's highest ROA % was -5.11%. The lowest was -212.87%. And the median was -44.61%.

OSCI's ROA % is ranked worse than
89.26% of 2699 companies
in the Metals & Mining industry
Industry Median: -14.9 vs OSCI: -134.94

Osceola Gold ROA % Historical Data

The historical data trend for Osceola Gold'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.

Osceola Gold ROA % Chart

Osceola Gold Annual Data

Trend

Dec09

Dec10

Dec11

Dec21

Dec22

ROA %

-35.37

-212.87

-5.11

-53.85

Osceola Gold Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Dec21	Dec22	Mar23	Jun23	Sep23
ROA %	Get a 7-Day Free Trial											-	-	-96.97	-94.12	-320.00

Competitive Comparison of Osceola Gold's ROA %

For the Gold subindustry, Osceola Gold'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.

Osceola Gold's ROA % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Osceola Gold's ROA % distribution charts can be found below:

* The bar in red indicates where Osceola Gold's ROA % falls into.

Osceola Gold ROA % Calculation

Osceola Gold's annualized ROA % for the fiscal year that ended in Dec. 2022 is calculated as:

ROA %	=	Net Income (A: Dec. 2022 )	/	( (Total Assets (A: Dec. 2021 )	+	Total Assets (A: Dec. 2022 ))	/ count )
	=	-0.007	/	( (0.01	+	0.016)	/ 2 )
	=	-0.007	/	0.013
	=	-53.85 %

Osceola Gold's annualized ROA % for the quarter that ended in Sep. 2023 is calculated as:

ROA %	=	Net Income (Q: Sep. 2023 )	/	( (Total Assets (Q: Jun. 2023 )	+	Total Assets (Q: Sep. 2023 ))	/ count )
	=	-0.08	/	( (0.017	+	0.033)	/ 2 )
	=	-0.08	/	0.025
	=	-320.00 %

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 (Sep. 2023) net income data. ROA % is displayed in the 30-year financial page.

Osceola Gold (OTCPK:OSCI) 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 banks 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: Sep. 2023 )
=	Net Income	/	Total Assets
=	-0.08	/	0.025
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(-0.08 / 0)	*	(0 / 0.025)
=	Net Margin %	*	Asset Turnover
=	N/A %	*	0
=	-320.00 %

Note: The Net Income data used here is four times the quarterly (Sep. 2023) net income data. The Revenue data used here is four times the quarterly (Sep. 2023) revenue data.

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.

Osceola Gold ROA % Related Terms

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