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Jabal Omar Development Co (SAU:4250) ROA % : -2.91% (As of Dec. 2023)


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What is Jabal Omar Development Co ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Jabal Omar Development Co's annualized Net Income for the quarter that ended in Dec. 2023 was ﷼-800 Mil. Jabal Omar Development Co's average Total Assets over the quarter that ended in Dec. 2023 was ﷼27,544 Mil. Therefore, Jabal Omar Development Co's annualized ROA % for the quarter that ended in Dec. 2023 was -2.91%.

The historical rank and industry rank for Jabal Omar Development Co's ROA % or its related term are showing as below:

SAU:4250' s ROA % Range Over the Past 10 Years
Min: -5.15   Med: -0.04   Max: 3.6
Current: 0.14

During the past 13 years, Jabal Omar Development Co's highest ROA % was 3.60%. The lowest was -5.15%. And the median was -0.04%.

SAU:4250's ROA % is ranked worse than
64.99% of 834 companies
in the Travel & Leisure industry
Industry Median: 2.245 vs SAU:4250: 0.14

Jabal Omar Development Co ROA % Historical Data

The historical data trend for Jabal Omar Development Co'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.

Jabal Omar Development Co ROA % Chart

Jabal Omar Development Co Annual Data
Trend Dec11 Dec12 Sep15 Sep16 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.45 -5.15 3.60 -1.32 0.14

Jabal Omar Development Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -2.91 0.18 -1.18 4.45 -2.91

Competitive Comparison of Jabal Omar Development Co's ROA %

For the Lodging subindustry, Jabal Omar Development Co'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.


Jabal Omar Development Co's ROA % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Jabal Omar Development Co's ROA % distribution charts can be found below:

* The bar in red indicates where Jabal Omar Development Co's ROA % falls into.



Jabal Omar Development Co ROA % Calculation

Jabal Omar Development Co's annualized ROA % for the fiscal year that ended in Dec. 2023 is calculated as:

ROA %=Net Income (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=37.48/( (26512.471+27282.698)/ 2 )
=37.48/26897.5845
=0.14 %

Jabal Omar Development Co's annualized ROA % for the quarter that ended in Dec. 2023 is calculated as:

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-800.264/( (27804.418+27282.698)/ 2 )
=-800.264/27543.558
=-2.91 %

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


Jabal Omar Development Co  (SAU:4250) 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. 2023 )
=Net Income/Total Assets
=-800.264/27543.558
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-800.264 / 1282.232)*(1282.232 / 27543.558)
=Net Margin %*Asset Turnover
=-62.41 %*0.0466
=-2.91 %

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


Jabal Omar Development Co ROA % Related Terms

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Jabal Omar Development Co (SAU:4250) Business Description

Traded in Other Exchanges
N/A
Address
Jabal Omar Project, P.O.box 56968, Al-Shubaikah District, Makkah, SAU
Jabal Omar Development Co is engaged in the construction, management, and development of real estate properties located in the Omar mountain area in Saudi Arabia. The company's segment includes Operating Hotels; Commercial centers and Properties for development and sale. It generates maximum revenue from the Operating Hotels segment.

Jabal Omar Development Co (SAU:4250) Headlines

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