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Sigmabroadband Co (Sigmabroadband Co) ROA % : -3,200.00% (As of Jun. 2018)


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What is Sigmabroadband Co ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Sigmabroadband Co's annualized Net Income for the quarter that ended in Jun. 2018 was $-0.03 Mil. Sigmabroadband Co's average Total Assets over the quarter that ended in Jun. 2018 was $0.00 Mil. Therefore, Sigmabroadband Co's annualized ROA % for the quarter that ended in Jun. 2018 was -3,200.00%.

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

SGRB's ROA % is not ranked *
in the Telecommunication Services industry.
Industry Median: 2.745
* Ranked among companies with meaningful ROA % only.

Sigmabroadband Co ROA % Historical Data

The historical data trend for Sigmabroadband 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.

Sigmabroadband Co ROA % Chart

Sigmabroadband Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16
ROA %
-0.33 -12.19 -101.33 -

Sigmabroadband Co Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Mar18 Jun18
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 - - - - -3,200.00

Competitive Comparison of Sigmabroadband Co's ROA %

For the Telecom Services subindustry, Sigmabroadband 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.


Sigmabroadband Co's ROA % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Sigmabroadband Co's ROA % distribution charts can be found below:

* The bar in red indicates where Sigmabroadband Co's ROA % falls into.



Sigmabroadband Co ROA % Calculation

Sigmabroadband Co's annualized ROA % for the fiscal year that ended in Dec. 2016 is calculated as:

ROA %=Net Income (A: Dec. 2016 )/( (Total Assets (A: Dec. 2015 )+Total Assets (A: Dec. 2016 ))/ count )
=-0.129/( (0+0)/ 1 )
=-0.129/0
=N/A %

Sigmabroadband Co's annualized ROA % for the quarter that ended in Jun. 2018 is calculated as:

ROA %=Net Income (Q: Jun. 2018 )/( (Total Assets (Q: Mar. 2018 )+Total Assets (Q: Jun. 2018 ))/ count )
=-0.032/( (0.001+0.001)/ 2 )
=-0.032/0.001
=-3,200.00 %

* 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 (Jun. 2018) net income data. ROA % is displayed in the 30-year financial page.


Sigmabroadband Co  (OTCPK:SGRB) 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: Jun. 2018 )
=Net Income/Total Assets
=-0.032/0.001
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-0.032 / 0)*(0 / 0.001)
=Net Margin %*Asset Turnover
=N/A %*0
=-3,200.00 %

Note: The Net Income data used here is four times the quarterly (Jun. 2018) net income data. The Revenue data used here is four times the quarterly (Jun. 2018) 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.


Sigmabroadband Co ROA % Related Terms

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Sigmabroadband Co (Sigmabroadband Co) Business Description

Traded in Other Exchanges
N/A
Address
2690 Cobb Parkway, Suite A5-284, Smyrna, GA, USA, 30080
Sigmabroadband Co is engaged in the business of providing voice, data, and digital video as a triple play bundled service to rural markets in the United States of America. The company will offer their customers traditional cable video programming, Internet services, telephone services and IPtv as well as video services such as on-demand, high definition television and digital video recorder service.

Sigmabroadband Co (Sigmabroadband Co) Headlines

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