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GBCHF (Metaverse Capital) ROA % : -112.99% (As of Jul. 2019)


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What is Metaverse Capital ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Metaverse Capital's annualized Net Income for the quarter that ended in Jul. 2019 was $-3.87 Mil. Metaverse Capital's average Total Assets over the quarter that ended in Jul. 2019 was $3.43 Mil. Therefore, Metaverse Capital's annualized ROA % for the quarter that ended in Jul. 2019 was -112.99%.

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

GBCHF's ROA % is not ranked *
in the Capital Markets industry.
Industry Median: 1.62
* Ranked among companies with meaningful ROA % only.

Metaverse Capital ROA % Historical Data

The historical data trend for Metaverse Capital'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.

Metaverse Capital ROA % Chart

Metaverse Capital Annual Data
Trend Apr18 Apr19
ROA %
- -441.73

Metaverse Capital Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19
ROA % Get a 7-Day Free Trial -8.84 -477.73 -244.60 -2,104.38 -112.99

Competitive Comparison of Metaverse Capital's ROA %

For the Capital Markets subindustry, Metaverse Capital'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.


Metaverse Capital's ROA % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Metaverse Capital's ROA % distribution charts can be found below:

* The bar in red indicates where Metaverse Capital's ROA % falls into.


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Metaverse Capital ROA % Calculation

Metaverse Capital's annualized ROA % for the fiscal year that ended in Apr. 2019 is calculated as:

ROA %=Net Income (A: Apr. 2019 )/( (Total Assets (A: Apr. 2018 )+Total Assets (A: Apr. 2019 ))/ count )
=-48.652/( (18.19+3.838)/ 2 )
=-48.652/11.014
=-441.73 %

Metaverse Capital's annualized ROA % for the quarter that ended in Jul. 2019 is calculated as:

ROA %=Net Income (Q: Jul. 2019 )/( (Total Assets (Q: Apr. 2019 )+Total Assets (Q: Jul. 2019 ))/ count )
=-3.872/( (3.838+3.016)/ 2 )
=-3.872/3.427
=-112.99 %

* 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 (Jul. 2019) net income data. ROA % is displayed in the 30-year financial page.


Metaverse Capital  (OTCPK:GBCHF) 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: Jul. 2019 )
=Net Income/Total Assets
=-3.872/3.427
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-3.872 / 0)*(0 / 3.427)
=Net Margin %*Asset Turnover
=N/A %*0
=-112.99 %

Note: The Net Income data used here is four times the quarterly (Jul. 2019) net income data. The Revenue data used here is four times the quarterly (Jul. 2019) 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.


Metaverse Capital ROA % Related Terms

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Metaverse Capital Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2
Metaverse Capital Corp is a Canada based cryptocurrency investment company. It is involved in operating mining facilities in several countries, running master nodes and service nodes on blockchain networks, and providing witness services for consensus protocols. The company also offers blockchain-related technical and professional services to select parties as clients.

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